This 26.5 combined acre tract lays on both sides of Leonard Springs Road, and along highway 45, from the fence line at the top of the hill where the CBU water tower is, all the way down the slope to the highway. The big red pole barn is practically in the middle of the property. It is slated for development of 42 units of rental housing, a farm stand, a coffee shop, wine tasting room with plans to surround the property with Highland Cattle and Alpaca. The property borders other commercial, office, and residential rental offerings, such as: Circle K, Big Red Liquors, A Storage Facility, and Walmart is less than a 1/4 mile away. Plans have been made and a rezone request is in process with Monroe County Planning. It is currently being mostly used as Pasture ground for cattle.
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Around this home
Schools
K - 12
Preschool & daycare
Grandview Elementary School
Public PreK-6 • Assigned • 1.1mi
3/10
Lora L Batchelor Middle School
Public 7-8 • Assigned • 3.2mi
5/10
Bloomington High School North
Public 9-12 • Assigned • 5.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Heating & cooling
Electric and natural gas heating
Exterior features
Fenced
Barn
26.5 acres of pasture
Irregular lot
State road frontage
Home design
Land
Residential land
Parking
Off-street parking
Parking lot
Utilities
Public water
Electricity and natural gas available
Septic tank
Private sewer
Sale and tax history for 0 W State Road 45 Hwy
Sale History
Tax History
Date
Event
Price
IRMLS #202644176
Oct 23, 2026
Listed
$2,750,000
Public Records
May 15, 2012
Sold
$145,000
Year
Property tax
Land + Additions
Assessment*
2025
$74 (+7.5%)
$5,100
2024
$69 (−4.3%)
$4,700
2023
$72 (+21.7%)
$4,700
2022
$59 (−1.3%)
$4,000
2021
$60 (−5.0%)
$4,000
2020
$63 (+7.6%)
$4,000
2019
$59 (−1.1%)
$4,000
2018
$59 (−0.5%)
$4,000
2017
$60 (+2.8%)
$4,000
2016
$58
$4,000
2015
$58 (−3.3%)
$4,000
2013
$60
$4,000
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.01 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Monroe County
APN
530914300002000015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 9, 2026.
SR
Suburban Residential District
The character of the Suburban Residential (SR) District is defined as that which is primarily intended for existing, possibly nonconforming, recorded single family residential subdivisions and lots of record. Its purposes are to accommodate existing, substandard subdivision developments and lots, to permit the build-out of single family residential uses in those developments and lots, to encourage the development of sanitary sewer systems for the existing development in the Lake Lemon area, to discourage the development of nonresidential uses, to protect environmentally sensitive areas, such as floodplain, karst, and steep slopes, and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the SR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the residential uses. The need for expanding this district beyond the areas designated on the Official Zone Maps on the date of the adoption of the zoning regulations is not anticipated or encouraged.
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 104° expected this year, 18 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
68
49
54
39
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Bloomington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 W State Road 45 Hwy
$2,540,160
$210K under list price of $2.75M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $200K to $325K.