Auction
Rare Indiana University Edge-of-Campus Investment Portfolio
Description
A generational real estate portfolio. An irreplaceable location. A rare opportunity to invest at the edge of Indiana University.
For generations, one family built and held a collection of Bloomington properties in one of the city's most sought-after locations. Now, as part of an estate liquidation, this long-held portfolio is being offered to a new generation of owners through a live and simulcast auction.
The offering includes seven income-producing multi-unit residential properties located at the edge of Indiana University's campus, near some of the university's most prominent destinations, academic facilities and established Bloomington businesses. A separate premier Bloomington residence is also included in the overall auction event.
The campus-area properties offer buyers an opportunity that extends well beyond their current use. While currently operating as income-producing residential properties, zoning on many of the properties supports a variety of potential uses, creating opportunities for investors, developers, business owners and long-term real estate holders.
Continue the legacy. Reimagine the possibilities. Invest in a location that cannot be recreated.
A Location at the Center of It All
These properties are positioned within the energy and activity surrounding Indiana University, with convenient access to destinations including the Jacobs School of Music, the IU School of Medicine and other university facilities, along with Mother Bear's Pizza, restaurants, businesses and the broader Bloomington community.
The location creates opportunities for a wide range of potential buyers�from those seeking established rental income to investors looking toward future redevelopment, commercial uses or long-term appreciation.
A Rare Portfolio Opportunity
Properties in this location are rarely available�and even more rarely does a collection of properties held by one family for generations become available through a single auction event.
Potential opportunities include:
� Continued operation as income-producing residential properties
� Student and university-oriented housing
� Commercial and business uses where permitted
� Restaurant, retail and hospitality concepts where permitted
� Redevelopment opportunities
� Strategic property acquisition and assemblage
� Long-term investment near Indiana University
Buyers should independently verify zoning, permitted uses, development requirements and property suitability with the appropriate governmental authorities.
Terms & conditions
� The properties will be offered via a Simulcast Auction: Live Onsite Bidding and Simultaneous Online Bidding via the HiBid platform at www.unitedcountryin.com.
� The Auction will be held on Thursday, September 3, 2026, at 1:00 PM EDT at the Bloomington Convention Center, Bloomington, Indiana. Online bidding closes simultaneously.
� The properties will be offered as 7 separate parcels and bid upon individually. No parcel combinations or groupings will be offered. To purchase more than one parcel, a bidder must be the successful high bidder on each parcel separately.
� To be approved as a bidder, a signed copy of the Terms & Conditions along with a signed Bidder�s Certification must be received and approved by the auction office prior to bidding.
� Properties will be sold subject to Seller�s approval.
� Properties sell AS-IS with no warranties expressed or implied. Bidders may perform their own independent inspections prior to bidding.
� These properties are subject to prior sale; properties may be purchased prior to the close of the auction.
� There are no Pre-Auction published reserve or minimum prices.
� The Seller reserves the right to cancel the auction at any time prior to the final bid closing.
� A 10% Buyer�s Premium will be added to the final bid and charged to the buyer at closing. The final bid plus the 10% Buyer�s Premium establishes the Total Contract Price.
� Any pre-auction offer must be made and presented to the Listing Broker in compliance with these Terms & Conditions.
� A Down Payment of $40,000 per property must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the Purchase Agreement. The down payment will be deposited with John Bethell Title Company.
� Upon acceptance of the Purchase Agreement, the down payment deposit is non-refundable. Bidding is not conditional upon financing. The balance of the purchase price, including the Buyer�s Premium, will be due via wire transfer to the closing company upon delivery of insurable title on or before October 16, 2026, at 4:00 PM EDT.
� Properties will be conveyed by General Warranty Deed, Personal Representative�s Deed and/or Trustee�s Deed.
� The Seller agrees to furnish the buyer with an Owner�s Policy of Title Insurance at closing. A preliminary title search will be provided in the Bidder�s Info Packet.
� Real Estate Taxes will be prorated to the day of closing.
� Buyer shall pay a Broker Transaction Fee of $300.00 per property at closing. Seller shall also pay a Broker Transaction Fee of $300.00 per property at closing. Said fees shall be paid to United Country Coffey Realty & Auction and are separate from the Buyer�s Premium.
� Closing: Closing shall take place at the office of John Bethell Title Co., 2626 S. Walnut St., Bloomington, IN 47401. Closing fee will be paid by the buyer. Closing will be held on or before October 16, 2026, at 4:00 PM EDT.
� Possession will be granted day of final closing, subject to tenants� rights.
� All tenant security deposits will be transferred to the buyer at closing.
� Seller will retain the applicable month�s rent at closing. Buyers will have rights to future rent payments after closing.
� Successful Bidder shall execute electronically a �Real Estate Purchase Agreement� immediately after being declared Successful Bidder.
� Each potential Bidder is responsible for conducting their own independent inspections, investigations, and due diligence at their own risk. Property sells as-is with no warranties expressed or implied.
� United Country Coffey Realty & Auction and their representatives are exclusive agents of the Seller.
� All announcements made up to the final close of bidding take precedence over all advertising, oral or printed material.
� All information was gathered from reliable sources and is believed to be correct as of the date this publication is issued; however, the Seller and Auctioneer/Broker have not independently verified all information. Auction plats and drawings are not to be relied upon and are for representation purposes only. Accuracy is not warranted in any way. There is no obligation to update this information.
SALE SITE: Internet: UnitedCountryIN.com
LIVE AUCTION SITE: Bloomington Convention Center, Bloomington, Indiana
VIEWING INSTRUCTIONS: Preview dates & times: August 14, 2026 9:00am-5:00pm
Lots in this auction
Lot 11331 E Atwater Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 2326 S Eagleson Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 31321 E Atwater Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 4333 S Eagleson Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 5401 S Highland Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 61314 E Atwater Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 7409 S Swain Ave
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana
Lot 82557 S Smith Rd
No bids yet—
Bidding ends
September 3, 2026
Bloomington, Indiana


