You may be intrested in my Linear water level indicator whose design is based on PIC micro. It displays the level of liquid on 3 x seven segment displays starting from 000 to 100% in 1% steps. The same can be implimented for any sized tanks with any capacity. The probes are not in contact with water to sense the level, thus no corosion of the probes. The design uses capacitance based technique to measure the level of liquid in a container and thus it may be even used for liquid which doesnt conduct. may be even distilled water. But as the said project is highly demanding and i giving the complete technology which will include schematics, One prototype, and codes of the same. A brief description of the same may be found at the below link.
Cheers