5991 W State Road 48 Bloomington, IN ^$ 550,000

5991 W State Road 48

^$ 550,000

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Recently Listed

5991 W State Road 48

Bloomington, IN, 47403

^$ 550,000

Studio Baths0.0

Monthly Estimate*

^$ 3,473

5991 W State Road 48, Bloomington, IN 47403 - Image 1

Studio

Lots and Land for sale in Bloomington, IN

for $550,000. The lot size is 2.47.

Prime 2.47 Acres approved and ready for a future gas station on Hwy 48. Property is close to the Monroe County Airport, Cook Medical, Ivy Tech, and the Westside of Bloomington. City water & sewer hookups available on site.

Lots and Land Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,210

Style

Commercial Land

Lot Size

2.47

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202631814

Features

General

Road Frontage State

Status Active Active

Parking Off Street

Subdivision Southwest Monroe County

Township Van Buren

Class LOTS AND LAND

Present Use Commercial

Type Commercial Land

REO No

Status Detail 0

Area Monroe County

Location Suburb Near Airport

High School Bloomington North

City Bloomington

School District Monroe County Community School C

Elementary School Highland Park

Middle School Batchelor

Legal Description 016-16645-00 Pt NW NW 2-8-2W (0.88A) Plat 1 & 016-16640-00 Pt NW NW 2-8-2W (1.59A) Plat 2

Agent First Name Ajmal

Agent Last Name Safi

DOM 7

Tax Year 2026

Exterior

Road Surface Asphalt

Road Access State

Lot Size Area 107593

Lot Dimensions Irregular

Fence None

Water Features None

Waterfront Y/N No

Interior

Fuel Type Electric

* Excluded Features

List By

Ajmal Safi

Listing Agent

Re/Max Acclaimed Properties

Broker

ajmal.safi@homefinder.org

Affordability Calculator

$3,740

Per Month

Monthly Principal & Interest: $3,473
Monthly Property Taxes: $268
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Bloomington, IN

Average List Price ^$391,092

Percent of Sale Price 29%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237434 Elementary School

1236621 Middle School

Bloomington North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/5/2026	$550,000		Listed Price

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5991 W State Road 48, Bloomington, IN, 47403 is a Lots and Land for sale at $550,000 with a lot size of 2.47. 5991 W State Road 48 is a studio with 0.0 baths. The property's zip code is 47403 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/12/2026.

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5991 W State Road 48

Lots and Land for sale in Bloomington, IN

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