1106 S Madison Street Bloomington, IN $ 190,000
1106 S Madison Street
$ 190,000
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1106 S Madison Street

Bloomington, IN, 47403
$ 190,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,312

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Multi-Family Home for sale in Bloomington, IN

for $190,000. This home was built in 1930 on a lot size of 0.2.

Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options. The front unit has street parking, with 2-3 parking spaces available for the rear unit. New gutters are already in place, but the property does have deferred maintenance and is priced with its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isn't afraid of a little work and can see the possibilities beyond the punch list.

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Multi-Family Active

Price

$ 190,000

Property Type

Multi-Family

Taxes

$ 8,868

Style

Bungalow

Lot Size

0.2

Year Built

1930

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

22122261

Features
General
Heating Gas
Cooling Window Unit(s)
Possession Closing
Garage Spaces 1
Architectural Style Bungalow
Year Built 1930
Township Perry
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Monroe
Insurance Expense 3490
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Bloomington High School South
City Bloomington
High School District Monroe County Community Sch Corp
Number Of Units Total 2
MLS Area 5307 - Monroe - Perry
Lot Size Square Feet 8712
Elementary School Templeton Elementary School
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Jackson Creek Middle School
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Active
Tax Lot 46
Legal Description M M Campbell Lot 46
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Interior
Basement Unfinished
Basement (Y/N) Y
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Exterior
Parking Features Detached
Foundation Details Block
Lot Size Acres 0.2
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* Excluded Features
List By
Carpenter, Realtors®

Broker

lallen@callcarpenter.com

Email

Affordability Calculator

$2,051
Per Month
64%
36%
0%
Monthly Principal & Interest
$1,312
Monthly Property Taxes
$739
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
5363586 Elementary School
4056667 Middle School
Bloomington High School South High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$190,000 Listed Price

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1106 S Madison Street, Bloomington, IN, 47403 is a Multi-Family Home for sale at $190,000 with a lot size of 0.2. 1106 S Madison Street has 0.0 baths and was built in 1930. The property's zip code is 47403 which is in Bloomington, IN