1416 S Madison Street, Bloomington, IN 47403
1416 S Madison Street, Bloomington, IN 47403
1416 S Madison Street, Bloomington, IN 47403
1416 S Madison Street, Bloomington, IN 47403
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The Bloom Team Indiana

The Bloom Team Indiana

+1(812) 272-3000
$ 275,000
Est. payment | /mo

3 Beds

1 Bath

1,460 SqFt

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$ 275,000
Est. payment | /mo
Save Virtual Tour

3 Beds

1 Bath

1,460 SqFt

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,460 sqft

Subdivision Southwest Bloomington City

MLS Listing ID 202624329

Style One Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,460

Total Fin. Sqft 1460

Year Built 1960

Annual Tax Amount $4,258

Tax Year 2026

Lot Size 8,712 Sqft

Property Sub-Type Site-Built Home

Property Description

FANTASTIC DOWNTOWN LOCATION with an income producing opportunity! The main house is a 3 Bed, 1 Ba charmer, as well as a 'grandfathered' ADU 2 Bed, 1 Ba cottage all on a large city lot. The property is just minutes from Switchyard Park and the B-Line Trail that leads to downtown one direction and leads to the South side the other direction. It also its near a city bus stop. Both dwellings are approved for 3 unrelated adults by HAND. The main house faces Madison and includes parking in the back, as well as additional alley access on the north and west sides of the property. The main house features hardwood floors, a large eat-in kitchen, range, refrigerator, washer, dryer, central air, and a large shady yard. This house rents for $1400 per month, tenant pays utilities. The 600 SF grandfathered cottage is tucked away behind the main house, with off street parking, a covered front porch, open living room and kitchen, 2 nice sized bedrooms and a large full bath. This home comes with a refrigerator, range, and window a/c unit. It rents for $1250 per month, tenant pays utilities. The address of the cottage is 1416 1/2 S Madison.

Location

State IN

County Monroe County

Area Monroe County

Zoning R4 - Residential Urban

Direction South on Rogers, Left on Wilson St, then Right on Madison to home on the Right.

Rooms

Basement Crawl

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Hardwood Floors

Fireplaces Type None

Appliance Refrigerator, Washer, Dryer-Electric, Water Heater Electric

Laundry Main

Exterior

Exterior Feature None

Amenities Available Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Porch Covered, Main Floor Laundry, Washer Hook-Up

Roof Type Asphalt

Building

Lot Description Level

Story 1

Foundation Crawl

Sewer City

Water City

Architectural Style Ranch

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Templeton

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202624329

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Ajmal Safi • RE/MAX Acclaimed Properties • Cell: 812-219-1598

Nearby Locations

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The Bloom Team Indiana
The Bloom Team Indiana

REALTOR®

+1(812) 272-3000

3695 S Sare Rd, Bloomington, IN, 47401

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1416 S Madison Street