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308 S Madison Street Bloomington, IN $ 549,000
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308 S Madison Street
$ 549,000
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308 S Madison Street

Bloomington, IN, 47403
$ 549,000
Bedrooms5 Baths3.0 Sq 2,351

Monthly Estimate*

$ 3,835

308 S Madison Street, Bloomington, IN 47403 - Image 1
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308 S Madison Street, Bloomington, IN 47403 - Image 13
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Multi-Family Home for sale in Bloomington, IN

for $549,000 with 5 bedrooms and 3 full baths. This 2,351 square foot home was built in 1930.

This is a great investment for an owner-occupant with added income unit, or fully rent both units (308 & 308.5 S Madison). Great downtown location! Easy access to Bloomingfoods, Farmers' Market, B-Line trail and all that downtown Bloomington has to offer. Occupancy 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. Listing agent is owner.

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Multi-Family Active

Price

$ 549,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,710

Style

Year Built

1930

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202412659
Features
General
Heating Gas Forced Air
Cooling Central Air Other
Sewer City
Pool Y/N No
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1930
New Construction No
Tenant Pays Cooling Heating Sewer Water
Subdivision None
Style One and Half Story
Stories 2
Township Perry
Class INVESTMENT
Type Other
Age 94
Net Income 38950
Rent Income 48660
Features Basement Off Street Parking Storage Deck Open
REO No
Area Monroe County
High School Bloomington North
City Bloomington
School District Monroe County Community School C
Total Sq Ft 2351
Street Name Madison
Elementary School Fairview
Middle School Tri-North
Legal Description 015-13110-00 McPheeters Pt Lot 4
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202412659
Agent First Name Scott
Agent Last Name Owens
DOM 16
Tax Year 2024
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Interior
Basement Unfinished
Flooring Carpet Wood
Beds 5
Total Number of Units 2
Microwaves 0
Refrigerators 1
Washers 0
Dryer(s) 0
Dishwasher(s) 1
Disposal(s) 1
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 1
W/D Hookups 1
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Exterior
Exterior Stone Vinyl
Number of Parking Spaces 4
Lot Size Area 8712
Lot Dimensions Irregular
Lot Description Irregular
Outbuilding Studio
Waterfront Y/N No
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* Excluded Features
List By
Scott Owens

Listing Agent

Owens Realty Group

Broker

scott@owensrealtygroup.com

Email

Affordability Calculator

$4,644
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,835
Monthly Property Taxes
$809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1236716 Elementary School
1235877 Middle School
Bloomington North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$549,000 Listed Price

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308 S Madison Street, Bloomington, IN, 47403 is a Multi-Family Home for sale at $549,000 with 2,351 sqft. 308 S Madison Street has 5 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 47403 which is in Bloomington, IN

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