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$4,299,000

700 College South Avenue Bloomington, IN  47403

  • 15,716 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 700 College South Avenue Bloomington, IN 47403

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.

Address:700 College South Avenue Bloomington IN 47403
Status:Active
on site: 309 days
Price:$4,299,000
Bathrooms:0
Sq. Feet:15,716
Lot Size:1.12
County: Monroe
Township: Perry
MLS #:21959981
Property Type:Office

Lot Dimensions:48787
Zoning:Downtown
Directions:Maps
Total Sq. Ft. :15,716

Loan Price
$24,456
Price And Interest $22,426/month
Property Tax $239/month
MTG INS $0/month
HOME INS $1,791/month
Price
$4,299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$239/month
Home Owner Insurance
$21,492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,436
Tax Year:2023
Mandatory HOA Fee:$

Area: 5307 - Monroe - Perry
Zip Code:47403

Total Sq. Ft.:15,716
EXPLORE TUCKER LUXURY
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Cory Gardner with Gardner Property Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Bloomington Market Report

209
Avg. DOM
$207.79
Avg. $ / Sq.Ft.
$ 349,900
Med. List Price

The house prices in Bloomington are not dropping at the moment. There has been a increase in price of $27,937.93. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bloomington are going Up. The average house price is $349,900.00 and the average price per square feet is $207.82 per square feet. At the moment, the amount of homes listed is exactly 3361 houses, with 586 with active status, 34 with pending status and 2741 sold in Bloomington .

The most popular place to buy a home in Bloomington is 5307 - Monroe - Perry. 5307 - Monroe - Perry is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bloomington .

The average amount of property taxes you would have to pay for a home in Bloomington is $3,465.61. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bloomington are staying listed for an average of 66 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bloomington was 704 minutes ago.

At the moment we have 8 open houses that you can visit.

The cost of the most expensive home in Bloomington is $3,999,999.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bloomington is $1,100.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bloomington in year 1875 and the newest built house is in year 2024.

The average size of properties in Bloomington is 2137.89 sq.ft. , the biggest one being 11303 sq.ft. and the smaller being 504 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.