$579,000
Located directly across the street from Indiana University (Forrest Quad). R4 zoning. Can build duplex with at least 6 bedrooms. Possible fourplex with at least 12 bedrooms. Lot to the North is owned by Indiana University. The single family property that is currently located on the lot has 2+ bedrooms, one full bathroom, a fully finished attic, newer roof & furnace, parking in front and in back, hardwood floors, and views of campus that are awesome. Current renters permit for 3 unrelated adults. Can access the property from Arbutus Dr or the alley behind the property, allowing for potential build of a duplex in the back.
At Forrest Quad on IU campus off E 3rd St, turn South on S Arbutus Dr.
Dishwasher, Refrigerator, Washer, Dryer-Electric, Oven-Gas, Sump Pump, Water Heater Gas
MLS # | 202514167 |
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Date Listed | 2025-04-23 |
Status | Active |
Property Type | Residential |
Property SubType | Site-Built Home |
Finished Square Feet | 1580 sqft |
Total Square Feet | 2620 sqft |
New Construction | No |
Style | One and Half Story |
Type | Site-Built Home |
Basement | Yes |
Bedrooms | 2 |
Bathrooms | 1 |
Annual Taxes | $5,830.44 |
Year Taxes Payable | 2024 |
Year Built | 1920 |
Virtual Tour | propertypanorama.com » |
Days on Market | 3 |
Cooling | Central Air |
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Heating | Forced Air |
Hardwood Floors | 1 |
Dining Room | 15 × 13 | Main Level |
Family Room | 14 × 13 | Main Level |
Kitchen | 13 × 10 | Main Level |
Master Bedroom | 11 × 11 | Main Level |
2nd Bedroom | 11 × 9 | Main Level |
Full Baths | 1 Main |
Construction | Site-Built Home |
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Exterior | Wood |
Lot Size | 5,663 sq ft |
Acreage | 0.13 Acres |
Lot Dimensions | 72x126 |
Sewer | City |
Water | City |
Fence | None |
Area | Monroe County |
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Location | Near College Campus, On College Campus |
County | Monroe |
Subdivision | None |
Township | Perry |
City | Bloomington |
State | IN |
Zip | 47401 |
School District | Monroe County Community School Corp. |
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Elementary | Rogers/Binford |
Middle School | Jackson Creek |
High School | Bloomington South |
Financing Terms | Cash, Conventional |
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Assoc. Dues | $0.00 Not Applicable |
MLS# 202514167
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Gretchen Nall
Bloomington Rentals and Realty
Cell: 812-360-2288
Listing updated April 24, 2025 at 2:45 pm
Last checked 14 minutes ago