Lake Monroe Land Auction 18 Acre Lake Front Property for sale at Public Auction. Bidding Ends May 5, 2021 at 2:00pm EDT. Bids accepted via: Online Bidding Portal, Telephone Bid, In person at Office (434 S. Walnut St. - Bloomington, IN) Don't miss this opportunity to buy a rare lake property. This beautiful 18 acres of Lake Monroe lake front land is being offered for sale at public auction. This property is a possible home site, Recreational land, Hunting land, Timber land, Fishing property, Bird watching and much more. This is a legacy property that has been in the owner's family for many generations. This property is only 25 minutes from downtown Bloomington, 1 hour and 30 minutes from Indianapolis, 2 hours from Louisville, KY and 2 hours and 40 minutes from Cincinnati, OH.