308 S Madison Street Active

Bloomington,IN 47403

$ 499000

5 Beds

3 Baths

2351 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,351 sqft

Price per Sqft $212

MLS Listing ID 202524536

Style One and Half Story

Bedrooms 5

Full Baths 3

Year Built 1930

Annual Tax Amount $1,000

Tax Year 2025

Lot Size 8,712 Sqft

Property Sub-Type Other

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

Rooms

Dining Room 1

Interior

Flooring Wood

Laundry , 4

Exterior

Amenities Available Basement,Cable Available,Deck Open

Building

Lot Description Irregular

Story 1.5

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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