1416 S Madison Street, Bloomington, IN 47403

Bloomington
Local realty services provided by:ERA First Advantage Realty, Inc.
1416 S Madison Street,Bloomington, IN 47403
$275,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,460 sq. ft.
  • Single family
  • Active
Listed by: ajmal safiCell: 812-219-1598
Office: re/max acclaimed properties
MLS#:202624329
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. 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...

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Home facts

  • Year built:1960
  • Subdivision & Development:Southwest Bloomington City
  • Listing ID #:202624329
  • Added:55 day(s) ago
  • Updated:August 14, 2026 at 03:37 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Hardwood Floors
  • Kitchen Description:Eat-In Kitchen, Refrigerator
  • Basement Description:Crawl
  • Living area:1,460 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1960
  • Building area:1,460 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Level
  • Architectural Style:One Story, Ranch
  • Construction Materials:Vinyl
  • Exterior Features: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
  • Tax amount:$4,258

Features and amenities

  • Laundry features:Dryer Hook Up Electric, Main Floor Laundry, Washer Hook-Up

Parking

  • Parking description:Gravel Driveway
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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