$4,299,000

700 S College Ave Bloomington, IN 47403

0.8 acres
Land

Property details

About 700 S College Ave

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.

Highlights

Home typeBusiness
StatusActive
Lot size0.81 Acres
MLS #21960004

Summary

  • MLS Number: 21960004
  • MLS Name: MIBOR
  • Office Name: Gardner Property Group
  • Office Email: Cory@CallGPG.com
  • Listing Agent: Cory Gardner

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by 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. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 3/14/2025, 2:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,299,000

700 S College Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,333,000$14,103
2021$1,407,600$29,093
2020$1,407,600$3,892

History based on county public records data.

Nearby schools

5

Fairview Elementary School

Public District PK-6

0.7 mi

627 W 8th St

5

Templeton Elementary School

Public District PK-6

0.7 mi

1400 S Brenda Ln

4

Summit Elementary School

Public District PK-6

1.5 mi

1450 W Countryside Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,136. Most Bloomington, IN residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

65%
<35k
32%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

82%
Single, No Kids
6%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
64%
18-34 yrs old
24%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • QdobaQdoba
  • StarbucksStarbucks
  • SonicSonic

What do the neighbors drive?

  • VolkswagenVolkswagen
  • PontiacPontiac
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Bloomington, IN

About 700 S College Ave

This home is located at 700 S College Ave in Bloomington, IN and zip code 47401. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $4,299,000.

While more than 9 listings in Bloomington, IN in February 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 67 were sold below. The inventory of homes for sale in Bloomington, IN between January and February 2025 increased by 16.3%. While the average time on the market in February 2025 was 104 days, the median list price was $302,000.

From Rocket Homes Real Estate and based on county public records data.

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