$499,000
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. Listing agent is owner.
GPS Friendly
Hardwood Floors, Hi-Speed Internet Availbl, Gas Cooktop, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
| MLS # | 22043812 |
|---|---|
| Date Listed | 2025-06-09 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 1266 sqft |
| New Construction | No |
| Style | Other |
| Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Year Taxes Payable | 2025 |
| Year Built | 1930 |
| Days on Market | 180 |
| Design | Other |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air |
| Garage | Yes |
| Construction | Single Family Residence |
|---|---|
| Lot Size | 8,712 sq ft |
| Acreage | 0.20 Acres |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | None |
| Area | Monroe |
|---|---|
| County | Monroe |
| Subdivision | Subdivision Not Available See Legal |
| Township | Perry |
| City | Bloomington |
| State | IN |
| Zip | 47403 |
| School District | Monroe County Community Sch Corp |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22043812
IDX information provided by the MIBOR REALTOR® Association.
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.
Listing Provided Courtesy of Scott Owens
Owens Realty Group
scott@owensrealtygroup.com
Listing updated July 10, 2025 at 7:39 am
Last checked 16 minutes ago