Listed price in listed location currency (USD).
$275,000

310

MLS® 202624329

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1460 sqft
Garage 
Taxes $4,258
Days Active 0
Lot Size 0.2 Acres
Approx. Age 1960
Avg. Price Per Sqft $188
MLS® Number 202624329

Property Address: 1416 S Madison St, Bloomington, IN, 47403-4777

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number202624329
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1960
BasementCrawl Space
DrivewayGravel
Garage Spaces
HeatNatural Gas, Forced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$275,000List Price
Jul 16, 2024End Date
$242,500Sold Price

Sold

Jun 17, 2025List Date
$265,000List Price

Home Appraisal

This property is estimated to sell between: $236,000 and $295,000.
Similar properties in this area sold on average for: $236,500
Expected to sell in 82 days. Similar properties sold in 82 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1416 S Madison St, Bloomington, IN

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