312 S Arbutus Dr, Bloomington, IN 47401

$450,000
2
BD
1
BA
1,580
SqFt

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Sold Price
$450,000
List Price
$490,000
Closing Date
Jun 05, 2025
MLS#
202514167
Property Type
Residential
Levels
One and One Half
Bedrooms
2
Bathrooms
1
Sqft. of Residence
1,580
Year Built
1920
Status
CLOSED

Property Description

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.

Additional Information

Basement
Full, Walkout
Foundation
Block
Acres
0.13
Cooling
Central Air
Water
City
Financing
None
Region
Monroe County
School District
Monroe County Community School Corp.

Listing courtesy of Gretchen Nall from Bloomington Rentals and Realty. Cell: 812-360-2288

Selling Office: Bloomington Rentals and Realty.

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Calculator source: Real Geeks

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.