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$39,900
202611285 MLS Jason Eddy
Welcome to The Reserves. Build your dream home on this exceptional homesite perfectly positioned on a quiet one-street subdivision, offering both privacy and a true sense of community. This lot is ideally suited for a walk-out basement design, giving you the opportunity to maximize living space and take full advantage of the scenic surroundings. Enjoy beautiful views overlooking the lake, with serene water vistas providing the perfect backdrop for everyday living. Just steps away, the community gazebo and shared green spaces create a welcoming environment for relaxing evenings or gathering with neighbors. Whether you’re envisioning a custom-built retreat or a thoughtfully designed forever home, this lot offers the ideal combination of location, setting, and build potential.

5201 Lydia Trail, Evansville

Listing courtesy of Jason Eddy from F.C. TUCKER EMGE. Office: 812-426-9020

$39,900
202611284 MLS Jason Eddy
Welcome to The Reserves. Build your dream home on this exceptional homesite perfectly positioned on a quiet one-street subdivision, offering both privacy and a true sense of community. This lot is ideally suited for a walk-out basement design, giving you the opportunity to maximize living space and take full advantage of the scenic surroundings. Enjoy beautiful views overlooking the lake, with serene water vistas providing the perfect backdrop for everyday living. Just steps away, the community gazebo and shared green spaces create a welcoming environment for relaxing evenings or gathering with neighbors. Whether you’re envisioning a custom-built retreat or a thoughtfully designed forever home, this lot offers the ideal combination of location, setting, and build potential.

704 Lydia Court, Evansville

Listing courtesy of Jason Eddy from F.C. TUCKER EMGE. Office: 812-426-9020

$250,000
202610241 MLS Kristi Gibbs
Build a dream retreat in a highly sought-after Bloomington location where opportunities like this are rarely available. This estate-sized, cleared lot in Terra Cove Estates offers a peaceful setting with mature trees while remaining close to everyday conveniences. Surrounded by custom homes on a quiet, tree-lined street, the setting feels both established and thoughtfully maintained. The generous lot size allows for a welcoming approach, spacious backyard, and flexible placement for a variety of home designs - including space for a pool, garden, or expansive outdoor living area. Conveniently located just minutes from College Mall, IU Health Bloomington Hospital, and Indiana University, with easy access to dining, shopping, and campus events. Districted to nearby Rogers/Binford, Jackson Creek, and Bloomington South High School. The last available homesite in Terra Cove, offering a rare opportunity within a fully established neighborhood!

3470 E Terra Cove Court Unit 4B, Bloomington

Listing courtesy of Kristi Gibbs from Century 21 Scheetz - Bloomington. 812-336-2100

$189,900
202607564 MLS Bradley Reinking
PRICE IMPROVEMENT! Don’t let this exceptional opportunity pass you by! This proposed .936-acre parcel in the heart of Allen County offers the perfect setting to build your dream home. Located in the NWAC school system, this property provides the ideal balance of privacy and convenience ~ with No HOA! With city sewer available and NIPSCO gas accessible, you’ll have the essential utilities in place to bring your vision to life. If you’re dreaming of a custom-built retreat, this property is ready to make it happen. Zoned R1 in Allen County, the possibilities are exciting and full of potential. Close proximity to shopping, dining, and hospitals, along with quick access to I-69 and 469 for effortless commuting. Picture the future you can create on this remarkable parcel — the perfect place to build, grow, and call home.

13525 Tonkel Road, Fort Wayne

Listing courtesy of Bradley Reinking from Keller Williams Realty Group. breinking@kw.com

$1,749,000
202605567 MLS Laura Stevens
Prime 5.56-acre redevelopment opportunity on the south side of Bloomington offering exceptional potential for a new neighborhood, multifamily project, condominiums, or a thoughtfully designed mixed residential community. Currently zoned R2, this parcel features approximately 200 feet of road frontage on Rogers Street and borders both the scenic Switchyard Park and the popular B-Line Trail along its eastern boundary—providing unmatched access to green space, recreation, and connectivity. The location is truly outstanding, just minutes from Interstate 69 via the Tapp Road exit and only 2.5 miles (approximately a 10-minute drive) from the campus of Indiana University Bloomington. With strong surrounding growth in Bloomington’s southwest corridor and immediate proximity to two of the city’s most sought-after amenities, this property delivers what every successful development needs: location, visibility, accessibility, and lifestyle appeal. In addition, the area is a part of the Bloomington Urban Enterprise Zone, which offers tax incentives and grants to qualified individuals and businesses. It is also located within the Monroe County Opportunity Zone. Location truly is everything, and this land sits in a prime position for future development.

2113 S Rogers Street, Bloomington

Listing courtesy of Laura Stevens from The Indiana Team LLC. Offc: 812-961-8000

$155,000
202603397 MLS Laura Stevens
Development-ready 0.68-acre RM-zoned multifamily site supporting 12–15 two- and three-bedroom apartments or condominiums. Located in a Qualified Opportunity Zone steps from Bloomington’s premier 65-acre Switchyard Park and the B-Line Trail in one of the city’s fastest-growing residential corridors. Significant pre-development work complete: soil samples on file and site plans for multi-unit development previously prepared. Buyer saves months of planning and thousands in due diligence costs. Bloomington’s UDO supports medium-scale multifamily development in the RM district with building heights up to 3 stories. A completed 12–15 unit project at this location could generate $172,000–$270,000 in annual gross rental income, or $2.4M–$4.1M in total condo sales revenue. Bloomington’s rental market, driven by Indiana University, maintains among the lowest vacancy rates in the state. Opportunity Zone investors can defer existing capital gains, receive a basis step-up on deferred gains, and pay zero capital gains tax on project appreciation when held for 10+ years. Seller financing available to qualified buyers. Ideal for developers and OZ investors seeking an entitled, de-risked site in a proven rental market. Adjacent 5.5-acre property is also separately available, creating a potential 6+ acre combined development site for 60+ units. Site plans for the combined parcels have been previously prepared.

2101 1/2 S Rogers Street, Bloomington

Listing courtesy of Laura Stevens from The Indiana Team LLC. Offc: 812-961-8000

$250,000
202603306 MLS Kelly Jones
Seize this rare opportunity to own a .21 acre lot just a few blocks from Indiana University's campus and the beloved Bryan Park. Nestled in a coveted location, this property offers the perfect blend of convenience and tranquility. The lot is adorned with mature trees, providing a serene and picturesque setting, while being surrounded by upscale living. Whether you're looking to build your dream home or invest in a prime piece of real estate, this location offers endless potential. Enjoy easy access to IU's vibrant campus, as well as the recreational amenities of Bryan Park, and Eastside shopping amenities. Don't miss out on this unique chance to secure a premium lot in one of Bloomington's most desirable neighborhoods. Additional .23 adjacent lot available for purchase.

Lot 7 Highland Avenue, Bloomington

Listing courtesy of Kelly Jones from Partners Realty Group. Cell: 812-606-6939

IDX information is provided by the Indiana Regional MLS and is exclusively for the 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 deemed reliable but is not guaranteed accurate by the MLS.

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