Primary on Main
Address
1416 S Madison Street, Bloomington, IN
Price
$ 275,000
Property Attributes
- MLS#202624329
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityBloomington
- AreaPerry
- NeighborhoodSouthwest Bloomington City
- Zip47403
- StyleRanch
- Year Built1960
- Taxes$ 4258
- Price$ 275,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1460
- Lot Size0.2 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Templeton Elementary School | Jackson Creek Middle School | Bloomington South High School |
| Price History | |
|---|---|
| 6/19/2026 | Listed $275,000 |
General Features
| Sewer | City |
|---|---|
| Heating | Gas,Forced Air |
| Cooling | Central Air |
| Laundry Y/N | Main |
| Fireplaces | No |
| Amenities | Disposal,Dryer Hook Up Electric,Eat-In Kitchen,Porch Covered,Main Floor Laundry,Washer Hook-Up |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1960 |
| New Construction | No |
| Subdivision | Southwest Bloomington City |
| Style | One Story |
| Township | Perry |
| Class | RESIDENTIAL |
| Type | Site-Built Home |
| Age | 66 |
| Lot Number | 37 |
| FIPS Code | 18105 |
| Inside City Limits | Yes |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Common Amenities | None |
| Annual Taxes | 4258.48 |
| Area | Monroe County |
| Location | City/Town/Suburb,Near Walking Trail |
| High School | Bloomington South |
| City | Bloomington |
| School District | Monroe County Community School C |
| Assoc. Dues Frequency | Not Applicable |
| Architectural Style | Ranch |
| Total Sq Ft | 1460 |
| Elementary School | Templeton |
| Middle School | Jackson Creek |
| Legal Description | 015-44810-00 Dodds Lot 37 |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202624329 |
| Agent First Name | Ajmal |
| Agent Last Name | Safi |
| DOM | 82 |
| Tax Year | 2026 |
| PROPOSED FINANCING | Cash,Conventional |
Interior Features
| Basement | Crawl |
|---|---|
| Flooring | Hardwood Floors |
| Beds | 3 |
| Total Rooms | 5 |
| Fireplace | None |
| Full Baths Main | 1 |
| Total Finished SqFt | 1460 |
| Basement Y/N | No |
| Above Grade Bedrooms | 3 |
| 1st Bedroom Level | Main |
| 1st Bedroom Width | 12 |
| 2nd Bedroom Length | 10 |
| 2nd Bedroom Level | Main |
| 2nd Bedroom Width | 10 |
| 3rd Bedroom Length | 10 |
| 3rd Bedroom Level | Main |
| 3rd Bedroom Width | 10 |
| Above Grade Finished SqFt | 1460 |
| Main Level SqFt | 1460 |
Exterior Features
| Exterior | Vinyl |
|---|---|
| Driveway | Gravel |
| Pool | No |
| Lot Size Area | 8712 |
| Lot Dimensions | 132 x 66 |
| Lot Description | Level |
| Water Features | None |
| Approx. Lot Size Acres | 0.2 |
| ROOF MATERIAL | Asphalt |
| Waterfront Y/N | No |
| Garage Y/N | No |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 15, 2026 2:17 PM UTC
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