401 S Highland Ave, Bloomington, IN 47401

Description

**LIST PRICE IS THE OPENING BID PRICE**

AUCTION - Prime Indiana University campus-area investment opportunity at 401 S Highland Ave, prominently located at the corner of Atwater and S. Highland. This 2-story brick property offers approximately 2,444 finished SF with 8 bedrooms, 2 full baths and 12 total rooms, according to county records. The finished space includes approximately 728 SF in the full basement. County records classify the property as a 2-family dwelling. Additional features include central heat and A/C and an enclosed masonry porch.

Located within the Elm Heights Historic District and convenient to Indiana University, the Jacobs School of Music, IU facilities, dining, downtown Bloomington and the greater campus community. One of seven edge-of-campus investment properties being offered as part of a generational real estate portfolio auction.

Online bidding opens August 27. Live/Simulcast Auction September 3rd at 1 PM ET at the Bloomington Convention Center. Buyers should independently verify zoning, permitted uses, historic district requirements and all property information.


***IMPORTANT PROPERTY VIEWING & INSPECTION INFORMATION***

Due to the properties being currently occupied by multiple tenants, all properties included in this auction will be available for viewing and inspection on ONE DAY ONLY:

Friday, August 14 | 9:00 AM – 5:00 PM

During this designated inspection event, all auction properties will be open and available for prospective buyers, real estate agents, inspectors, contractors, and other professionals to walk through and evaluate.

No private or individual showings will be available before or after August 14. Real estate agents will not be able to schedule separate showing appointments for their clients.

Buyers are strongly encouraged to attend on August 14 and complete any desired inspections or due diligence during this time. Buyers may bring their real estate agent, inspector, contractor, or other advisors with them.

Please plan accordingly, as August 14 will be the only opportunity.

ZONING: Residential Multifamily (RM)