What a rare opportunity to own 5.5 acres on Bloomington’s highly desirable southeast side just minutes from Lake Monroe! Properties of this size and location rarely become available. Featuring mature trees, existing utilities, an existing driveway, and exceptional privacy, this property offers tremendous potential for a custom estate, family retreat, investment opportunity, or a redevelopment project. The existing cabin is being sold AS-IS and a quote for taking it down is available upon request. This property will require substantial renovation or redevelopment depending on the buyer’s vision. Cash or renovation financing only.
Single-familyProperty Type
1977Year Built
5.5 acresLot Size
$52Price/Sq.Ft.
2 car garageParking
Listed by Lorraine Fowler• RE/MAX Acclaimed Properties
What a rare opportunity to own 5.5 acres on Bloomington’s highly desirable southeast side just minutes from Lake Monroe! Properties of this size and location rarely become available. Featuring mature trees, existing utilities, an existing driveway, and exceptional privacy, this property offers tremendous potential for a custom estate, family retreat, investment opportunity, or a redevelopment project. The existing cabin is being sold AS-IS and a quote for taking it down is available upon request. This property will require substantial renovation or redevelopment depending on the buyer’s vision. Cash or renovation financing only.
IRMLS #202615176
Apr 27, 2026
Listed
$156,789
$31/sq ft
IRMLS #202612613
Apr 11, 2026
Listed
$156,789
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$2,124 (+1.0%)
$42,000 + $247,700
$289,700
2023
$2,102 (+2.8%)
$42,000 + $240,900
$282,900
2022
$2,045 (+7.4%)
$36,500 + $233,200
$269,700
2021
$1,905 (−43.6%)
$31,300 + $212,900
$244,200
2020
$3,378 (+34.8%)
$31,300 + $182,600
$213,900
2019
$2,506 (+123.8%)
$26,300 + $157,900
$184,200
2018
$1,120 (−5.6%)
$26,300 + $150,000
$176,300
2017
$1,186 (+6.1%)
$26,300 + $157,600
$183,900
2016
$1,118 (+5.2%)
$26,300 + $152,000
$178,300
2015
$1,063 (−1.2%)
$26,300 + $150,400
$176,700
2013
$1,076
$26,300 + $146,900
$173,200
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1.5 Acres
Year renovated
1977
Finished Sq. Ft.
3,024
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,024
Year built
1977
Style
Single Family Residential
County
Monroe County
APN
530826200016000008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
CR
AREA 3
Conservation Residential District
The character of the Conservation Residential (CR) District is defined as that which is primarily intended to provide a residential option (planned unit or cluster development) at environmentally sound locations while protecting the environmentally sensitive watersheds of Lake Griffey and Monroe Reservoir. Its purposes are to protect the environmentally sensitive watershed, especially the floodplain and steep slopes, to permit limited single family residential development on very large lots or in subdivisions (planned unit or cluster development) at environmentally sound locations, to discourage the development of nonresidential uses, to discourage the development of sanitary sewer systems except for existing development and to maintain the character of the surrounding neighborhood. Development in the CR District is hindered by concern over the watershed environment, and, in some cases, extreme topography, poor access and the availability of few or no public services. Therefore, the number of uses permitted in the CR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the watershed environment and lowdensity residential uses. The development of new residential activities proximate to known mineral resource deposits or extraction operations may be buffered by increased setback distance.
Zone overlays
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Bloomington, IN • 47401
Average low and high temperatures (°F)
35
18
45
26
62
40
71
49
74
54
84
66
87
70
84
64
81
57
71
47
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3757 E Stipp Rd
$244,881
$20K under list price of $265K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $333K to $890K.