2101 1/2 S Rogers St Bloomington, IN 47403
Estimated payment $1,380/month
Total Views
108,939
0.68
Acre
$345,588
Price per Acre
29,621
Sq Ft Lot
About This Lot
Development-ready 0.68-acre RM-zoned multifamily site supporting 12–15 two- and three-bedroom apartments or condominiums. Located in a Qualified Opportunity Zone steps from Bloomington’s premier 65-acre Switchyard Park and the B-Line Trail in one of the city’s fastest-growing residential corridors. Significant pre-development work complete: soil samples on file and site plans for multi-unit development previously prepared. Buyer saves months of planning and thousands in due diligence costs. Bloomington’s UDO supports medium-scale multifamily development in the RM district with building heights up to 3 stories. A completed 12–15 unit project at this location could generate $172,000–$270,000 in annual gross rental income, or $2.4M–$4.1M in total condo sales revenue. Bloomington’s rental market, driven by Indiana University, maintains among the lowest vacancy rates in the state. Opportunity Zone investors can defer existing capital gains, receive a basis step-up on deferred gains, and pay zero capital gains tax on project appreciation when held for 10+ years. Seller financing available to qualified buyers. Ideal for developers and OZ investors seeking an entitled, de-risked site in a proven rental market. Adjacent 5.5-acre property is also separately available, creating a potential 6+ acre combined development site for 60+ units. Site plans for the combined parcels have been previously prepared.
Listing Agent
The Indiana Team LLC Brokerage Phone: 812-961-8000 Listed on: 02/03/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,605
Lot Details
- 29,621 Sq Ft Lot
- Lot Dimensions are 158' x 175'
- Finished Lot(s)
- Property is zoned RM - Residential Multifamily
Parking
- Driveway
Schools
- Templeton Elementary School
- Batchelor Middle School
- Bloomington South High School
Utilities
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 53-08-08-100-042.000-009
Map
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Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,605 | $78,400 | $73,400 | $5,000 |
| 2024 | $1,605 | $78,400 | $73,400 | $5,000 |
| 2023 | $1,188 | $112,300 | $73,400 | $38,900 |
| 2022 | $2,191 | $108,200 | $73,400 | $34,800 |
| 2021 | $1,260 | $60,800 | $32,100 | $28,700 |
| 2020 | $1,160 | $56,100 | $23,000 | $33,100 |
| 2019 | $1,024 | $48,700 | $20,200 | $28,500 |
| 2018 | $1,026 | $48,700 | $20,200 | $28,500 |
| 2017 | $1,024 | $48,500 | $20,200 | $28,300 |
| 2016 | $1,007 | $48,500 | $20,200 | $28,300 |
| 2014 | $1,076 | $51,700 | $20,200 | $31,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $235,000 | -- | -- |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $44,189 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
About the Listing Agent
Laura formed The Indiana Team to provide an outstanding real estate experience for our clients. Our reviews at theINDIANAteam.com reflect our dedication! We are experienced and tenacious agents, serving Bloomington and the surrounding areas. As a team, we are positioned to better serve you through the buying and selling processes. Call us for all of your real estate needs!
Laura's Other Listings
Source: Indiana Regional MLS
MLS Number: 202603397
APN: 53-08-08-100-042.000-009
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Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
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