Skip to main content
Back to Search Results
|

5611 E Mineral-Koleen Road, Bloomfield, IN 47424

Show All 4 Photos
For Sale
Sale Pending

$70,000

21 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 21 acres
    Lot size

Explore this Property

This parcel consists of approximately 21 wooded acres with road frontage on Mineral-Koleen Road, 7 miles southeast of Bloomfield, Indiana, and just north of the home at 5615 E. Mineral-Koleen Rd. The road frontage provides direct access to potential home building sites. This parcel joins the 5 acres with the house on its south and the 80 acres on its north. Approximately 15 acres of this parcel has been registered as a Classified Forest. This designation greatly reduces real estate taxes. The total real estate tax due in 2024 is $66. Since 1985 this forest has been managed for timber production. Between 1993 and 2014 this forest has returned over $168,000 to the owner through timber sales. This parcel currently has approximately $10,000 net-to-owner of marketable timber, which should appreciate with time and management. Whitetail deer, turkeys, grey squirrels, racoons, rabbits and more inhabit this area, offering wildlife watching and hunting opportunities. An adjoining 80-acre parcel with road frontage, and a 4 BR/2 BA home on 5 acres are also being offered. If the buyer of the 80 acres is not an adjoining landowner, or the buyer of this parcel, there will be a 15' wide easement created parallel to the west line of this parcel for ingress to the 80-acre parcel.
MLS# 202420243

Courtesy Of Wells Auction & Realty

(812) 875-2323

Property Features

  • Architecture Style
    Other
  • Lot Size
    21 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 5611 E Mineral-Koleen Road, Bloomfield, IN 47424

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(812) 336-2100
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2024 Bloomington MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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 powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading