Rare 7 ACRE Bloomington Property! 15 Minutes from Lake Monroe and IU! Damaged Home. DO NOT ENTER! Massive 9-Car Garage with separate electrical panel & HVAC system AND 2nd Spacious Garage w/ large, versatile overhead Loft! While the main residence has been affected by fire, the real treasure lies in the beautiful, serene setting where deer and wildlife abound! This property offers a magnificent head start thanks to the infrastructure left behind. Two outbuildings remain, including a rare massive 9-car detached garage and a second detached garage featuring a spacious overhead loft. By utilizing these existing workspaces, you may be able to avoid some of the steep expenses and/or permitting hurdles of constructing everything from scratch. Additionally, there are existing septic and electric hookups already on-site! Take advantage of this opportunity as a blank slate to clear out the old or reimagine what remains! Property sold strictly AS-IS. Some items may be removed prior to closing. Cash or construction/rehab financing will likely be required. 2nd listing for this property for land as all 7 acres were reported to be buildable. (Listing ID: 22120263) Schedule your tour of this diamond in the rough ASAP!
Single-familyProperty Type
1976Year Built
7 acresLot Size
$74Price/Sq.Ft.
4 car garageParking
Listed by Devina Cagle• Indy House and Home
Bought with Non-BLC Member• MIBOR REALTOR® Association
Est. $1,874 per month, based on comparable rentals
Sale and tax history for 7007 S Ketcham Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22120246
Sep 24, 2026
Sold
$250,000
$74/sq ft
Sep 3, 2026
Pending
—
Aug 21, 2026
Price Changed
$250,000
$74/sq ft
Aug 14, 2026
Listed
$275,000
$82/sq ft
MIBOR as Distributed by MLS Grid #22120263
Aug 21, 2026
Price Changed
$250,000
$74/sq ft
Aug 14, 2026
Listed
$275,000
$82/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$680 (−71.6%)
$66,800 + $223,800
$290,600
2023
$2,398 (+15.4%)
$64,000 + $225,000
$289,000
2022
$2,077 (+0.5%)
$53,000 + $190,800
$243,800
2021
$2,067 (−0.2%)
$53,000 + $179,400
$232,400
2020
$2,070 (+24.2%)
$46,000 + $177,200
$223,200
2019
$1,666 (+4.4%)
$46,000 + $165,300
$211,300
2018
$1,596 (+5.6%)
$46,000 + $155,800
$201,800
2017
$1,511 (−1.5%)
$46,000 + $146,600
$192,600
2016
$1,534 (+3.5%)
$46,000 + $152,300
$198,300
2015
$1,482 (−2.9%)
$46,000 + $151,200
$197,200
2013
$1,526
$46,000 + $152,200
$198,200
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1.8
Lot width
—
Lot depth
—
Lot size
7 Acres
Year renovated
1988
Sq. Ft.
2,240
Year built
1976
Style
Single Family Residential
County
Monroe County
APN
531105300016000006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
AG/RR
Agriculture/Rural Reserve District
The character of the Agriculture/Rural Reserve (AG/RR) District is defined as that which is primarily intended for agriculture uses including, but not limited to, row crop or livestock production, forages, pasture, forestry, single family residential uses associated with agriculture uses and limited, very low density, rural non-farm related single family uses and not in (major) subdivisions. Its purposes are to encourage the continuation of agriculture uses, along with the associated single family residential uses, to discourage the development of residential subdivisions and non-farm-related nonresidential uses, to protect the environmentally sensitive areas, such as floodplain and steep slopes, and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the AG/RR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the agriculture-related uses. The development of new non-farm residential activities proximate to known mineral resource deposits or extraction operations may be buffered by increased setback distance.
Property details
Parking
Parking Information
Garage SqFt: 1824
Garage Parking Other: Finished Garage,Floor Drain,Service Door
Parking Features: Detached, Workshop in Garage
Garage Spaces: 4
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 3360
Living Area: 2240
Main Level Sq. Ft.: 1120
Upper Level Sq. Ft.: 1120
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Upper): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Room 1 Information
Room Type: Living Room
Room Dimensions: 28x40
Room Level: Main
Room 2 Information
Room Type: Master Bedroom
Room Dimensions: 0x0
Room Level: Upper
Other Rooms Information
Rooms Upper: 4
Rooms Main: 4
Rooms Basement: 1
# of Rooms: 9
Basement Information
Has Basement
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air
Interior Features
Appliances: None
Exterior
Building Information
Percent Optional Level Finished: 0
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 5-10 Acres
Lot Information
Lot Size Acres: 7
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Public
Utilities: Electricity Connected, Septic System
Solid Waste Information: No
Location
School Information
High School District: Monroe County Community Sch Corp
Location Information
Directions: GPS Friendly
Tax Legal Description: Pt N1/2 Sw 5-7-1W 7.00A
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,240
Stories: 1.8
Lot Size: 7 acres
Style: Single Family Residential
Year Built: 1976
Year Renovated: 1988
County: Monroe County
APN: 531105300016000006
Home facts updated by county records on Oct 8, 2026
Other
Home Information
Foundation Details: Poured Concrete
Construction Materials: Wood Siding
Levels: One and One Half
Around this home
Schools
Lakeview Elementary School
Public PreK-6 • Assigned • 2.9mi
7/10
Jackson Creek Middle School
Public 7-8 • Assigned • 4.3mi
8/10
Bloomington High School South
Public 9-12 • Assigned • 5.2mi
10/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be 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 • 47403
Average low and high temperatures (°F)
34
19
44
27
61
40
69
49
72
54
82
66
86
70
81
64
80
57
70
48
54
39
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Bloomington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$234,000 – $283,000
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