Multi-Family Development
For Sale
$264,000
1301 W Tapp Road, Bloomington, IN 47403
LOTS AND LAND, Bloomington, IN
Property SizeContact for details
Lot Size0.76 Acres
Days on Market1938
Property Features for 1301 W Tapp Road
General Information
Property type
Land
Property subtype
Other
Parking features
Off Street
Subdivision
Southwest Bloomington City
Lot features
Slope, 0-2.9999, City
Elementary school
Summit
Middle school
Batchelor
High school
Bloomington South
Elementary school district
Monroe County Community School C
Middle school district
Monroe County Community School C
High school district
Monroe County Community School C
Directions
Property is on West Tapp Road between Rockport Road and the Adams Street round-a-bout on the South side of the street.
Standard status
Active
APN
53-08-17-203-002.000-009
Lot size
0.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
015-37082-03 Woolery Planned Comm Ph 4 Lot 3B
Tax Annual Amount
1806
Legal Description
015-37082-03 Woolery Planned Comm Ph 4 Lot 3B
Listing Agency:
Realty Professionals · RE/MAX International
(812) 650-3600
Listed By:
Jim Regester · License #RB14012351
(812) 322-4446
Added: May 4, 2021
Changed: Aug 20
Last Checked: Aug 23 at 1:06PM
MLS# 202115581
Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an approximately 0.76-acre residential development lot zoned for Residential Heavy Density. The property is suited for multi-family planning, and the listing notes that professional office may also be a possibility, along with other uses such as an amenity center, bed and breakfast, and artist studio or workshop.
The site benefits from quick and easy access to I-69, supporting straightforward commuting and logistics for future residents or occupants. The listing also references an attached concept indicating how development could be laid out.
From a development standpoint, the parcel is described as potentially supporting 10–12 townhouses, with the possibility of more units if flats are built. Prospective buyers and developers should review the zoning and intended use options to confirm design feasibility and fit for the mix of residential and potential non-residential uses discussed in the offering. The combination of heavy-density zoning and I-69 accessibility makes this a practical consideration for teams evaluating small multi-family projects and related compatible concepts.
The site benefits from quick and easy access to I-69, supporting straightforward commuting and logistics for future residents or occupants. The listing also references an attached concept indicating how development could be laid out.
From a development standpoint, the parcel is described as potentially supporting 10–12 townhouses, with the possibility of more units if flats are built. Prospective buyers and developers should review the zoning and intended use options to confirm design feasibility and fit for the mix of residential and potential non-residential uses discussed in the offering. The combination of heavy-density zoning and I-69 accessibility makes this a practical consideration for teams evaluating small multi-family projects and related compatible concepts.
Key Highlights
- Approximately 3/4‑acre multi‑family parcel zoned Residential Heavy Density
- Off‑street parking included
- Quick and easy access to I‑69
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 47403, IN
33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multi-family zoned parcel with quick I-69 access and potential townhouse or other mixed-use residential concepts.
Where is this residential land & home lot located?
The property is located at 1301 W Tapp Road Bloomington, IN.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Approximately 3/4‑acre multi‑family parcel zoned Residential Heavy Density; Off‑street parking included; Quick and easy access to I‑69
