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328 S Arbutus Drive, Bloomington, IN 47401

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For Sale

$550,000

4 beds • 3 baths • 1,498 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $367.16
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 202527382

Courtesy Of RE/MAX REALTY PROFESSIONALS (BLOOMINGTON)

(812) 323-1231

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Appliances
    Dryer, Garbage Disposer
  • Architecture Style
    Other
  • Exterior Type
    Stone
  • Fireplace
    Fireplace
  • Heating System
    Forced Air
  • Lot Size
    0.24 Acres
  • Rooms
    Basement, Dining Room, Great Room, Kitchen, Living Room

Map and Directions

Directions to 328 S Arbutus Drive, Bloomington, IN 47401

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(812) 336-2100
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Bloomington MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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