700 South College Avenue

Bloomington, IN 47403

$4,299,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime opportunity for redevelopment in Bloomington! This medical office building sits on 1.12 acres of land zoned for Mixed-Use Downtown, offering endless potential for redevelopment. Located just a stone's throw away from the 76 acre "Hopewell" Master Development and less than one mile from the Monroe Convention Center, this property benefits from a high-traffic location. The property is situated just one mile from Indiana University Campus, offering an excellent location for student housing or...Prime opportunity for redevelopment in Bloomington! This medical office building sits on 1.12 acres of land zoned for Mixed-Use Downtown, offering endless potential for redevelopment. Located just a stone's throw away from the 76 acre "Hopewell" Master Development and less than one mile from the Monroe Convention Center, this property benefits from a high-traffic location. The property is situated just one mile from Indiana University Campus, offering an excellent location for student housing or multifamily. The B-Line Pedestrian Trail is adjacent, providing easy access for pedestrians and cyclists. Don't miss this incredible opportunity to develop a top-tier property in one of Indiana's most vibrant college communities.
  1. Listed by Cory Gardner • Gardner Property Group • Cory@CallGPG.com

Property Details for 700 South College Avenue

Subdivision Name
Seminary Place
Township
Perry
Zoning
mixed use downton

Location

Listing Courtesy of Gardner Property Group
Add your commute
LISTING UPDATED: 01/17/2024 11:55 AM

Property Details for 700 South College Avenue

StatusActive
MLS #21960004
Days on Market115
Taxes$13,878 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size0.81 AC / 35,283 SF
CountyMonroe County

Location

Listing Courtesy of Gardner Property Group
Add your commute

Building Information for 700 South College Avenue

Stories-Residences-Year Built-Lot Size0.81 AC / 35,283 SF

Payment Calculator

$25,774 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,461

Property Taxes

$2,313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 South College Avenue

Summary
Location and General Information
  • City: Bloomington
  • County Or Parish: Monroe
  • Directions: Maps
  • Postal Code: 47403
  • Postal Code Plus4: 2513
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Not Applic
Taxes and HOA Information
  • Parcel Number: 530804200187000009
  • Semi Annual Property Tax Amt: 13878
  • Tax Year: 2023
  • TaxLot: 63
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Land Characteristics: Other
  • Lot Size Square Feet: 35284.0
  • Lot Size Acres: 0.81
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: Yes
  • Legal Subdivision: Seminary Pt Lot 63
  • Photos Count: 14
  • Present Zoning: Commercial,Professional-Office
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Other
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas,Water & Sewer
  • Facilities On: Cable,Electric,Gas,Water & Sewer
  • Sewer: Municipal Sewer On Site
  • Solid Waste: No
  • Water: See Remarks
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 700 South College Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 700 South College Avenue

Taxable ValueLand$184,300Additions$1,148,700Total$1,333,000
Tax Record2022$27,757 ($2,313 / month)
Home Facts
Total Finished SqFt15,716 SqFtAbove Grade Finished SqFt15,716 SqFtStories2Lot Size35,284 SqFtStyleMedical BuildingsYear Built1994CountyMONROEAPN53-08-04-200-187.000-009

Schools near 700 South College Avenue

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Templeton Elementary School
PublicPK to 6

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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700 South College Avenue is for sale in Bloomington, IN 47403. This property was listed for sale on January 16, 2024 by Gardner Property Group, it's currently listed at $4,299,000. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Templeton Elementary School, Jackson Creek Middle School and Bloomington High School South. 700 South College Avenue is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gardner Property Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.