High-Visibility Development
For Sale
$750,000
307 S Muller Parkway, Bloomington, IN 47403
LAND - Bloomington, IN
Property SizeContact for details
Lot Size1.58 Acres
Days on Market114
Property Features for 307 S Muller Parkway
General Information
Property type
Land
Property subtype
Other
Lot features
Partially Wooded
Elementary school
Fairview
Middle school
Tri-North
High school
Bloomington North
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
Located just off W 3st. Left on Muller parkway. Property located on the left.
Subdivision
Monroe County
Standard status
Active
APN
53-08-06-100-099.000-009
Lot size
1.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
015-65350-00 Seminary PT Lot 182 1.58A plat 182D
Tax Annual Amount
2307
Legal Description
015-65350-00 Seminary PT Lot 182 1.58A plat 182D
Listing Agency:
Millican Realty
(812) 333-0550
Listed By:
Sherry Susnick · License #RB15001165
(812) 361-9926
Added: Apr 21
Changed: Aug 2
Last Checked: Aug 12 at 10:06PM
MLS# 202614158
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 1.58-acre development parcel is offered for sale at 307 S Muller Parkway in Bloomington, Indiana. The property is currently zoned Residential Multifamily (RM) and is described as supporting up to approximately 7 units per acre, which the listing estimates could accommodate as many as 11 three-bedroom units by right. Utilities are available on the site, with the listing noting the possibility of rezoning as part of a future development plan.
The site sits at a high-visibility intersection of W 3rd Street and Muller Parkway, a main east-west corridor connecting toward Interstate 69 and downtown Bloomington, including Indiana University. The offering also notes proximity to transit, retail, grocery, and recreation, supported by what the listing describes as excellent access and visibility.
For developers and land buyers seeking an RM-zoned multifamily opportunity, the site’s existing zoning and available utilities provide a direct starting point for planning. Its intersection location and connectivity along a principal corridor may be well suited for a straightforward multifamily development concept consistent with the by-right unit estimate provided in the listing, subject to applicable approvals.
The site sits at a high-visibility intersection of W 3rd Street and Muller Parkway, a main east-west corridor connecting toward Interstate 69 and downtown Bloomington, including Indiana University. The offering also notes proximity to transit, retail, grocery, and recreation, supported by what the listing describes as excellent access and visibility.
For developers and land buyers seeking an RM-zoned multifamily opportunity, the site’s existing zoning and available utilities provide a direct starting point for planning. Its intersection location and connectivity along a principal corridor may be well suited for a straightforward multifamily development concept consistent with the by-right unit estimate provided in the listing, subject to applicable approvals.
Key Highlights
- 1.58‑acre development site at the intersection of W 3rd St and Muller Pkwy in Bloomington
- High‑visibility corner location on a main east‑west corridor connecting to I‑69 and downtown Bloomington
- Currently zoned Residential Multifamily (RM)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
729
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.58-acre parcel zoned for multifamily development with utilities available and strong accessibility.
Where is this residential land & home lot located?
The property is located at 307 S Muller Parkway Bloomington, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.58‑acre development site at the intersection of W 3rd St and Muller Pkwy in Bloomington; High‑visibility corner location on a main east‑west corridor connecting to I‑69 and downtown Bloomington; Currently zoned Residential Multifamily (RM)
