328 S Arbutus Drive, Bloomington, IN 47401
Local realty services provided by:ERA Crossroads



Listed by:kathy stallsmithOffc: 812-323-1231
Office:re/max realty professionals
MLS#:202527382
Source:Indiana Regional MLS
Price summary
- Price:$550,000
- Price per sq. ft.:$214.17
About this home
Moments to IU Campus and zoned R4 this home home works well for owner-occupied or as a rental investment. R4 zoning allows great potential to change to a duplex and build an ADU or to build a triplex or fourplex that could have 3 Bedrooms in each! Numerous improvements in recent years include: Dimensional roof shingles; central A/C; updating baths including adding 2 full baths for a total of 3 full; adding easy-care, luxury vinyl plank flooring to living areas and bedrooms; updated kitchen and stainless appliances, and more. This home is currently leased until Early August, 2025 for $3300 per month and would be a great home or investment for a grad student, professor, or anyone that likes to be moments away from all of the music events, plays, etc that IU has to offer. Covered 'L-shaped' Porch, plenty of yard space and parking are a plus! Large living spaces--generous windows. The home has a basement accessible from the service door to the exterior that allows one to store outdoor lawn furniture, garden tools, etc. This home is on the corner of Atwater and Arbutus and is only 3-4 blocks to IU JSoM. *The taxes shown here are what they would have been in 2024 pay 2025 with a homestead and mortgage in place.
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Home facts
- Year built:1926
- Listing Id #:202527382
- Added:31 day(s) ago
- Updated:August 15, 2025 at 01:42 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,642 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Dimensional Shingles
- Year built:1926
- Building area:1,642 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Bloomington South
- Middle school:Jackson Creek
- Elementary school:Rogers/Binford
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$214.17
- Tax amount:$4,785
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