3701 E Rachels Glen Rd, Bloomington, IN, 47408
About This Home
Capitalize on the opportunity to have one of Bloomington's finest custom homes, privately secluded on 9.35 breathtaking acres, with over 10,000 square feet, and within 10 minutes to IU campus, downtown, College Mall, hospital, and restaurants. Make this exceptional home your ideal residence. Priced $300,000 below the original Asking Price in 2025. Now being offered at $143 per square foot. Today's replacement cost is conservatively estimated to be between $400-500 per square foot. Uniquely designed with bedrooms, full baths and kitchens on each level. Ideal for multi-generational living situations. Perfect for hosting large gatherings, temporary guests, or families requiring independent living space. There is currently no other property For Sale in Monroe County, listed over 1M, for $143/square foot. Especially considering this home is situated on over 9 tranquil acres and 10,000SF+ of living space and in the heart of Bloomington! Take advantage of an investment unlikely to ever be available again.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1991
Materials
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Electric Water Heater
- Laundry features: Electric Dryer Hookup,Dryer Hook Up Gas/Elec
Basement
- Has basement: Yes
- Basement: Finished,Other
Bedroom1
- Level: Upper
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 7
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 224
Family Room
- Level: Main
- Area: 384
Features
- Breakfast Bar,Built-in Desk,Cathedral Ceiling(s),Ceiling Fan(s),Walk-In Closet(s),Countertops-Ceramic,Guest Quarters,Split Br Floor Plan
- Flooring: Hardwood,Carpet,Ceramic Tile
- Number of fireplaces: 9
- Fireplace features: Three +
- Fireplace: Yes
- Finished area below ground: 3,080
- Finished area above ground: 7,113
Heating & Cooling
- Heating features: Geothermal
- Cooling features: Geothermal,Geothermal Hvac
Interior Area
- Total structure area: 10,575
- Total interior livable area: 10,193 sqft
Kitchen
- Level: Lower
- Area: 330
Living Room
- Level: Lower
- Area: 560
Office
- Level: Main
- Area: 208
Property
Details
- Parcel number: 530535103009.000004
Features
- Levels: Two and Half Story
- Stories: 2
- Pool features: In Ground
- Patio & porch: Deck Covered,Screened
- Exterior features: Workshop
- Has spa: Yes
- Spa features: Jet Tub
- Waterfront features: Frontage Lot,Pond
Lot
- Lot size: 9.35 Acres
- Features: Irregular Lot,Rural Subdivision
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $695 | $8,340 |
| Property Taxes | $1,067 | $12,804 |
| Electricity | $934 | $11,212 |
| Total | $10,280 | $123,360 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-23 | Listed for sale | $1,499,900 |
| 2025-12-09 | Listing removed | $1,599,000 |
| 2025-10-08 | Price change | $1,599,000 |
| 2025-08-15 | Listed for sale | $1,799,000 |
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