308 S Madison Street Active

Bloomington,IN 47403

$ 499000

5 Beds

3 Baths

2351 SqFt


Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,351 sqft

Price per Sqft $212

MLS Listing ID 202521620

Style One and Half Story

Bedrooms 5

Full Baths 3

Year Built 1930

Annual Tax Amount $10,332

Tax Year 2025

Lot Size 8,712 Sqft

Property Sub-Type Site-Built Home

Property Description

Great investment for an owner-occupant with added income unit (or in-law unit), or fully rent both units (308 & 308.5 S Madison). Located in the heart of downtown Bloomington! Easy access to Indiana University, Kirkwood Ave, Bloomingfoods, Farmers' Market, B-Line trail, etc . Occupancy permit in-place for 7 total. The main house (308 S Madison) has 5 bedrooms and 2 full bathrooms. It boasts a lovely kitchen which has been remodeled, plus it features renovated bathrooms. The second unit (308.5 S Madison) has a new bathroom, refreshed kitchen and new heating and cooling systems. There is a laundry area for the apartment in the garage. Both units rent easily; inquire for rental information. Homestead tax exemption not currently filed; taxes would be lower with homestead exemption. Listing agent is owner.

Location

State IN

County Monroe County

Area Monroe County

Interior

Heating Forced Air

Cooling Central Air

Laundry Lower

Exterior

Parking Features Attached

Garage Spaces 1.0

Building

Lot Description Irregular

Story 1.5

Foundation Unfinished

Sewer Public

Water City

Structure Type Aluminum,Stone

New Construction No

Schools

Elementary Schools Fairview

Middle Schools Tri-North

High Schools Bloomington North

School District Monroe County Community School Corp.

Others

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