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.
Closed
$450,000
312 S Arbutus Dr, Bloomington, IN 47401
2beds
1,580sqft
Single Family Residence
Built in 1920
5,662 Square Feet Lot
$451,300 Zestimate®
$--/sqft
$1,562 Estimated rent
Home value
$451,300
$411,000 - $496,000
$1,562/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gretchen Nall Cell:812-360-2288,
Bloomington Rentals and Realty
Bought with:
Gretchen Nall, RB14040585
Bloomington Rentals and Realty
Source: IRMLS,MLS#: 202514167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Family room
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Kitchen
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Heating
- Forced Air
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Dishwasher, Refrigerator, Washer, Dryer-Electric, Gas Oven, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,620
- Total interior livable area: 1,580 sqft
- Finished area above ground: 1,580
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 5,662 Square Feet
- Dimensions: 72x126
- Features: Irregular Lot, Near College Campus, On College Campus
Details
- Parcel number: 530803202053.000009
- Zoning: R4
- Zoning description: intended for multiple-family
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: City
- Water: City, Bloomington City Utility
Green energy
- Energy efficient items: HVAC, Roof
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $284,800
- Annual tax amount: $5,830
- Date on market: 4/23/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2025 | Sold | $450,000-8.2% |
Source:  IRMLS #202514167 Report a problem | ||
| 5/15/2025 | Price change | $490,000-6.5% |
Source: IRMLS #202514167 Report a problem | ||
| 5/7/2025 | Price change | $524,000-9.5% |
Source: IRMLS #202514167 Report a problem | ||
| 4/23/2025 | Listed for sale | $579,000+81.5% |
Source: IRMLS #202514167 Report a problem | ||
| 4/17/2025 | Sold | $319,000-3.3% |
Source: IRMLS #202511731 Report a problem | ||
| 4/13/2025 | Pending sale | $330,000 |
Source: IRMLS #202511731 Report a problem | ||
| 4/7/2025 | Listed for sale | $330,000 |
Source: IRMLS #202511731 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,830 +3.6% | $284,800 |
| 2024 | $5,627 +18% | $284,800 +7.1% |
| 2023 | $4,770 +13.6% | $265,900 +12.9% |
| 2022 | $4,197 +5.7% | $235,600 +16.3% |
| 2021 | $3,973 +3.5% | $202,500 +5.4% |
| 2020 | $3,837 +17.2% | $192,200 +5.3% |
| 2019 | $3,275 +5.2% | $182,500 +17.4% |
| 2018 | $3,113 +12.6% | $155,400 +5.4% |
| 2017 | $2,764 | $147,400 +6.8% |
| 2016 | $2,764 -0.4% | $138,000 +3.6% |
| 2014 | $2,773 -5.8% | $133,200 -6.1% |
| 2013 | $2,943 +2.8% | $141,800 +0.1% |
| 2012 | $2,862 +9.2% | $141,700 +4.9% |
| 2011 | $2,620 +1.8% | $135,100 +2.2% |
| 2010 | $2,574 +9.5% | $132,200 +4.6% |
| 2009 | $2,351 +9.3% | $126,400 +5.5% |
| 2007 | $2,151 | $119,800 |
Find assessor info on the county website
Neighborhood: Eastside
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Nearby schools
GreatSchools rating
- NARogers Elementary SchoolGrades: K-2Distance: 0.4 mi
- 9/10Jackson Creek Middle SchoolGrades: 7-8Distance: 2.8 mi
- 10/10Bloomington High School SouthGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Rogers/Binford
- Middle: Jackson Creek
- High: Bloomington South
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$451,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$451,300
- Indiana
- Monroe County
- Bloomington
- 47401
- Eastside
- 312 S Arbutus Dr
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