$579,000
312 S Arbutus Drive
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, large unfinished basement 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 etc. in the back. Currently vacant.
At Forrest Quad on IU campus off E 3rd St, turn South on S Arbutus Dr.
Map to 312 S Arbutus Drive, Bloomington, IN 47401
MLS #
202514193
Date Listed
2025-04-23
Status
Active
Property Type
Investment
Property SubType
Other
Finished Square Feet
1580 sqft
Total Square Feet
2620 sqft
New Construction
No
Style
One and Half Story
Type
Other
Basement
Yes
Bedrooms
2
Bathrooms
1
Year Taxes Payable
2024
Year Built
1920
Virtual Tour
propertypanorama.com »
Days on Market
3
Room Dimensions
Living Room
1 × 0
Level
5th Bedroom
1 × 1
Level
Extra Room
1 × 1
Level
Bathroom Locations
Full Baths
2 Main
External Features
Construction
Other
Lot Size
5,663 sq ft
Acreage
0.13 Acres
Lot Dimensions
72x126
Fence
None
Location
Area
Monroe County
County
Monroe
Subdivision
None
Township
Perry
City
Bloomington
State
IN
Zip
47401
Schools
School District
Monroe County Community School Corp.
Elementary
Rogers/Binford
Middle School
Jackson Creek
High School
Bloomington South
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202514193 |
|---|---|
| Date Listed | 2025-04-23 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Finished Square Feet | 1580 sqft |
| Total Square Feet | 2620 sqft |
| New Construction | No |
| Style | One and Half Story |
| Type | Other |
| Basement | Yes |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Year Taxes Payable | 2024 |
| Year Built | 1920 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 3 |
| Living Room | 1 × 0 | Level |
| 5th Bedroom | 1 × 1 | Level |
| Extra Room | 1 × 1 | Level |
| Full Baths | 2 Main |
| Construction | Other |
|---|---|
| Lot Size | 5,663 sq ft |
| Acreage | 0.13 Acres |
| Lot Dimensions | 72x126 |
| Fence | None |
| Area | Monroe County |
|---|---|
| County | Monroe |
| Subdivision | None |
| Township | Perry |
| City | Bloomington |
| State | IN |
| Zip | 47401 |
| School District | Monroe County Community School Corp. |
|---|---|
| Elementary | Rogers/Binford |
| Middle School | Jackson Creek |
| High School | Bloomington South |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202514193
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 12 minutes ago
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