5.5 Acres with Split Potential | Bloomington Auction

5.5 Acres with Split Potential | Bloomington Auction

5.5± Acres | Cabin | 2 Buildable Parcels

Online Only Auction Ends May 13, 2026

Don’t miss this rare opportunity to purchase a highly desirable 5.5± acre property located on Stipp Road in Bloomington—offering a combination of location, land, and future potential that is increasingly hard to find.

This property consists of two separate parcels, providing flexibility for buyers, investors, or those looking to build:

Parcel 1: Approximately 4.0 acres – wooded, rolling ground with excellent potential for a private homesite

Parcel 2: Approximately 1.5 acres – improved with an existing log cabin and utilities in place

Whether you’re looking to build your dream home, create a family compound, invest in multiple building sites, or renovate an existing structure, this property offers options.

Two separately parceled tracts = potential for multiple building sites

Scenic setting with rolling and wooded terrain

Located just minutes from Bloomington amenities, Indiana University, and major employers

Auction Links: 

• Bidder information packet – coming soon
• Click here to register to bid
• Click here for interactive map
• Terms and conditions
• Bid Certification
• Realtor Client Information 

Ideal for:

• New construction
• Investment or resale
• Multi-generational living setup
• Weekend retreat or rural homesite

Opportunities like this—acreage with split potential in a prime location—are becoming increasingly limited.

IMPROVEMENTS

• The property includes an existing log cabin, originally built in the late 1970s, offering:
• Approximately 3,000+ sq ft of space
• 6 bedrooms, 3 bathrooms
• Walkout basement and deck areas
• Existing utilities including electric and water access

Important Note: The cabin is in fair to below-average condition and will require repairs, updates, or renovation.

AUCTION DETAILS

Online Only Auction

Bidding Ends: May 13, 2026 @ 6:00 PM

Preview / Open House: April 26, 2026

Jimmie Dean Coffey – Auctioneer

Cody Coffey – Auctioneer

Lorraine Fowler, RE/MAX Acclaimed – Cooperating Broker