1416 S Madison Street, Bloomington, IN 47403
Local realty services provided by:ERA Crossroads
Listed by: ajmal safiCell: 812-219-1598
Office: re/max acclaimed properties
MLS#:202624325
Source:Indiana Regional MLS
Price summary
- Price:$275,000
- Price per sq. ft.:$188.36
About this home
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. 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....
Contact an agent
Home facts
- Year built:1960
- Listing ID #:202624325
- Added:2 day(s) ago
- Updated:June 22, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:2
- Flooring:Vinyl, Wood
- Basement Description:Crawl, Slab
- Living area:1,460 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall AC
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1960
- Building area:1,460 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Level
- Architectural Style:Cabin/Cottage, One Story, Ranch
- Construction Materials:Vinyl
- Exterior Features:Near Walking Trail, Porch Covered
- Levels:1 Story
Schools
- High school:Bloomington South
- Middle school:Jackson Creek
- Elementary school:Templeton
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$188.36
Features and amenities
- Amenities:Countertops-Laminate, Detector-Smoke, Water Heater Electric, Water Heater Gas
Parking
- Parking description:Gravel Driveway, Gravel Parking, Street Parking
New listings near 1416 S Madison Street
- New
$340,000Active8 beds 4 baths3,552 sq. ft.1024 W Country Club Drive, Bloomington, IN 47403
MLS# 202624554Listed by: REALTY PROFESSIONALS - New
$210,000Active1 beds 1 baths696 sq. ft.1016 W Country Club Drive, Bloomington, IN 47403
MLS# 202624555Listed by: REALTY PROFESSIONALS - New
$649,000Active4 beds 3 baths3,021 sq. ft.2500 E Cedarwood Drive, Bloomington, IN 47401
MLS# 202624488Listed by: TOWN MANOR REAL ESTATE LLC - New
$184,900Active2 beds 2 baths936 sq. ft.117 W Hoosier Street, Bloomington, IN 47403
MLS# 22109399Listed by: THE MODGLIN GROUP - New
$399,000Active3 beds 2 baths1,370 sq. ft.425 E Dodds Street, Bloomington, IN 47401
MLS# 202624405Listed by: SELL4FREE-WELSH REALTY CORPORATION - New
$549,900Active4 beds 3 baths1,792 sq. ft.8616 S Gore Road, Bloomington, IN 47403
MLS# 202624392Listed by: CENTURY 21 SCHEETZ - BLOOMINGTON - New
$956,900Active5 beds 6 baths5,146 sq. ft.532 S Pleasant Ridge Road, Bloomington, IN 47401
MLS# 202624318Listed by: STELLAR REALTY GROUP - New
$300,000Active3 beds 3 baths2,128 sq. ft.7207 S Bakersfield Road, Bloomington, IN 47401
MLS# 202624322Listed by: EXP REALTY LLC - New
$380,000Active3 beds 4 baths1,807 sq. ft.7120 W Drift Court, Bloomington, IN 47404
MLS# 202624273Listed by: FC TUCKER/BLOOMINGTON REALTORS