308 S Madison Street, Bloomington, IN 47403

Bloomington
Local realty services provided by:Better Homes and Gardens Real Estate Connections
308 S Madison Street,Bloomington, IN 47403
$499,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,351 sq. ft.
  • Multi-family
  • Active
Listed by: scott owens
Office: owens realty group
MLS#:202524536
Source:Indiana Regional MLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$181.19

About this home

Great investment for an owner-occupant with added income unit (or in-law unit), or fully rent both units (308 & 308.5 S Madison). Located in the heart of downtown Bloomington! Easy access to Indiana University, Kirkwood Ave, Bloomingfoods, Farmers' Market, B-Line trail, etc . Occupancy permit in-place 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. Homestead tax exemption not currently filed; taxes would be lower with homestead exemption. Listing agent is owner.

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Home facts

  • Year built:1930
  • Listing ID #:202524536
  • Added:274 day(s) ago
  • Updated:March 27, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Wood
  • Basement Description:Unfinished
  • Living area:2,351 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Building area:2,351 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Irregular
  • Architectural Style:One and Half Story
  • Construction Materials:Aluminum, Stone
  • Exterior Features:Deck Open
  • Levels:1 1/2 Stories

Schools

  • High school:Bloomington North
  • Middle school:Tri-North
  • Elementary school:Fairview

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$181.19
  • Tax amount:$1,000

Features and amenities

  • Amenities:Cable Available
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.

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