5099 E Paynetown Rd
Bloomington, IN 47401
- 6 Beds
- 6 Baths
- 6,038 sqft (on 86.94 acres)
6 Beds
6 Baths
6,038 sqft
(on 86.94 acres)
Local Information
-- mins to
Description
Be the king or queen of your own 87 acre mountain overlooking Lake Monroe, the largest body of water in Indiana. The home sits approximately 750' above water level, the sailing club and boat ramp only a few miles around the corner. Rarely does big acreage this close to downtown Bloomington and IU (15 minutes away) come on the market. Having this much acreage on Lake Monroe is even more rare. Great views can be had from this elevated ridge. You would own a whole point with approximately 3,000 feet of lake frontage. Property has been surveyed for a mini subdivision, each lot tested for septic and in compliance. Keep the point, sell off the rest. All lots have been configured to have lake views. Or, with variance or self sustained waste water treatment one could add numerous lots. As you drive back on the 1/4 mile drive you'll notice mature timber and a park like setting. At the end of the point sits a 6,131 sqft 7 bedroom, 6 bath Tudor home with in-ground pool and 3 car attached garage. The home is in need of a complete remodel but is structurally sound along with solid foundation. It could be torn down and a new masterpiece constructed. Make your own tourist destination with zip lines and hiking trails, ecotourism on the lake or family compound. Let your imagination run wild! Property surrounded by DNR land and IU Foundation preserve. Property being sold "as-is", 48 hour notice on showings.
5099 E Paynetown Rd, Bloomington, IN 47401 is a 6 bedroom, 6 bathroom, 6,038 sqft single-family home built in 1975. It is currently off market. The Trulia Estimate is $1,696,700, with a rent estimate of $9,607/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Patio, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5099 E Paynetown Rd
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Interior Details BasementNumber of Rooms: 18Types of Rooms: Walk In Closet, Dining Room, Family RoomWet Bar |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Linoleum Vinyl |
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Exterior Home Features Roof: AsphaltDeckExterior: WoodFoundation Type: Crawl RaisedPatioPorch |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 86.94 acres |
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Fitness & Sports Basketball CourtTennis Court |
Price History for 5099 E Paynetown Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/09/2019 | $999,000 | ListingRemoved | Agent Provided |
| 03/29/2019 | $999,000 | PriceChange | Agent Provided |
| 02/28/2018 | $1,190,000 | PriceChange | Agent Provided |
| 10/27/2017 | $1,500,000 | Listed For Sale | Agent Provided |
| 09/20/2017 | $1,499,000 | ListingRemoved | Agent Provided |
| 03/31/2017 | $1,499,000 | PriceChange | Agent Provided |
| 09/09/2016 | $2,250,000 | Listed For Sale | Agent Provided |
| 01/27/2016 | $0 | ListingRemoved | Agent Provided |
| 01/25/2016 | $0 | Listed For Sale | Agent Provided |
Market trends in Bloomington
Last updated May 2026
Avg. sale price
$301K
$4.3KMoM
Sale-to-List Price
98.1%
1.1%MoM
Price per sq ft
$179
$1MoM
Available listings
764
43MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,735 |
| Assessment | $963,000 |
Home facts updated by county records
Comparable Sales for 5099 E Paynetown Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.73 | Single-Family Home | $450,000 | 09/19/25 | 3 | 2 | 1,782 | |
0.79 | Single-Family Home | $330,000 | 05/05/26 | 2 | 2 | 1,296 | |
0.91 | Single-Family Home | $205,000 | 08/28/25 | 3 | 2 | 1,080 | |
1.09 | Single-Family Home | $442,900 | 08/20/25 | 3 | 2 | 1,976 | |
1.36 | Single-Family Home | $615,000 | 01/12/26 | 3 | 3 | 3,280 | |
1.88 | Single-Family Home | $1,830,000 | 10/09/25 | 6 | 8 | 9,760 | |
1.97 | Single-Family Home | $1,670,000 | 04/27/26 | 5 | 5.5 | 10,213 | |
1.15 | Single-Family Home | $199,900 | 04/01/26 | 3 | 1 | 1,920 | |
2.06 | Single-Family Home | $510,000 | 06/23/26 | 4 | 3.5 | 3,912 | |
2.51 | Single-Family Home | $980,000 | 04/23/26 | 5 | 4.5 | 5,168 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5099 E Paynetown Rd.
What Locals Say about Bloomington
At least 550 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say car is needed
75 % Say parking is easy
72 % Say there's holiday spirit
69 % Say there's wildlife
67 % Say there are sidewalks
66 % Say yards are well-kept
62 % Say kids play outside
60 % Say it's quiet
60 % Say people would walk alone at night
53 % Say neighbors are friendly
46 % Say streets are well-lit
42 % Say they plan to stay for at least 5 years
39 % Say it's walkable to grocery stores
36 % Say it's walkable to restaurants
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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