1416 S Madison Street, Bloomington, IN 47403

Bloomington
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1416 S Madison Street,Bloomington, IN 47403
$275,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,460 sq. ft.
  • Multi-family
  • Active
Listed by: ajmal safiCell: 812-219-1598
Office: re/max acclaimed properties
MLS#:202624325
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. 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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1960
  • Subdivision & Development:None
  • Listing ID #:202624325
  • Added:48 day(s) ago
  • Updated:August 07, 2026 at 03:39 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl, Wood
  • Basement Description:Crawl, Slab
  • Living area:1,460 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall AC
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Year built:1960
  • Building area:1,460 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Level
  • Architectural Style:Cabin/Cottage, One Story, Ranch
  • Construction Materials:Vinyl
  • Exterior Features:Near Walking Trail, 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

Features and amenities

  • Amenities:Countertops-Laminate, Detector-Smoke, Water Heater Electric, Water Heater Gas

Parking

  • Parking description:Gravel Driveway, Gravel Parking, Street Parking
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.

New listings near 1416 S Madison Street