700 S College Ave Bloomington, IN 47403
Estimated payment $25,218/month
About This Lot
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.
Listing Agent
Gardner Property Group Brokerage Email: Cory@CallGPG.com License #RB17000430 Listed on: 01/16/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $27,756
Lot Details
- 0.81 Acre Lot
Community Details
- Seminary Place Subdivision
Listing and Financial Details
- Tax Lot 63
- Assessor Parcel Number 530804200187000009
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $27,549 | $1,345,700 | $184,300 | $1,161,400 |
| 2023 | $14,104 | $1,333,000 | $184,300 | $1,148,700 |
| 2022 | $27,757 | $1,370,900 | $184,300 | $1,186,600 |
| 2021 | $29,177 | $1,407,600 | $184,300 | $1,223,300 |
| 2020 | $29,094 | $1,407,600 | $184,300 | $1,223,300 |
| 2019 | $3,893 | $184,300 | $184,300 | $0 |
| 2018 | $3,914 | $184,300 | $184,300 | $0 |
| 2017 | $3,911 | $184,300 | $184,300 | $0 |
| 2016 | $3,825 | $184,300 | $184,300 | $0 |
| 2014 | $3,837 | $184,300 | $184,300 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | For Sale | $4,299,000 | 0.0% | -- |
| 12/31/2024 12/31/24 | Off Market | $4,299,000 | -- | -- |
| 01/16/2024 01/16/24 | For Sale | $4,299,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21960004
APN: 53-08-04-200-187.000-009
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