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.
Active
$579,000
312 S Arbutus Dr, Bloomington, IN 47401
2beds
1,580sqft
Est.:
Single Family Residence
Built in 1920
5,662.8 Square Feet Lot
$547,900 Zestimate®
$--/sqft
$-- HOA
What's special
Newer roof and furnaceHardwood floors
- 3 days
- on Zillow |
- 363 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 11:41am
Listed by:
Gretchen Nall Cell:812-360-2288,
Bloomington Rentals and Realty
Source: IRMLS,MLS#: 202514167

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
Video & virtual tour
Property
Parking
- Parking features: Concrete
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 5,662.8 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
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