319 S Madison St

Bloomington, IN 47403

$3,250,000
Price
—
Beds
0.5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Prime development opportunity in the heart of downtown Bloomington! This property features frontage on both W 3rd Street and S Madison Street and is adjacent to the Monroe County Convention Center. It is easily within walking distance to all that downtown Bloomington has to offer as well as the campus of Indiana University, and is just steps away from the B-Line Trail. The property is currently zoned Mixed Use Downtown with Downtown Edges Overlay which allows for a variety of uses. Potential uses...Prime development opportunity in the heart of downtown Bloomington! This property features frontage on both W 3rd Street and S Madison Street and is adjacent to the Monroe County Convention Center. It is easily within walking distance to all that downtown Bloomington has to offer as well as the campus of Indiana University, and is just steps away from the B-Line Trail. The property is currently zoned Mixed Use Downtown with Downtown Edges Overlay which allows for a variety of uses. Potential uses include, but are not limited to, Multi-Family, Lodging and Retail.
  1. Listed by AJ Bowlen • RE/MAX Acclaimed Properties • Cell: 812-345-3712

Property Details for 319 South Madison Street

Subdivision
None
Waterfront
No
LISTING UPDATED: 08/23/2025 03:03 AM

Property Details for 319 South Madison Street

StatusActive
MLS #202330477
Days on Market868
Taxes$8,617 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1900
Lot Size0.83 AC / 36,155 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Acclaimed Properties
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Building Information for 319 South Madison Street

Stories1Residences-Year Built1900Lot Size0.83 AC / 36,155 SF

Payment Calculator

$16,558 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,840

Property Taxes

$718

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319 South Madison Street

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47403
  • State: IN
  • Township: Perry
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Road Access: City
  • Fips Code: 18105
  • Directions To Property: From downtown going south on College, turn right onto W 3rd then left onto Madison. Property is located at the corner of W 3rd and Madison.
  • Location: City, Near College Campus, Near Walking Trail
Taxes and HOA
  • Annual Taxes: $8,617
  • Year Taxes Payable: 2023
  • Parcel Number Id: 53-08-05-100-140.000-009
  • Parcel Id 2: 53-08-05-100-139.000-009
  • Parcel Id 3: 53-05-33-300-016.000-005
School Information
  • School District: Monroe County Community Sch Corp
Parking
  • Parking: Off-Street, Street
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Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.83
  • Lot Dimensions: 0
  • Approx Lot Size Sqft: 36155.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 125
  • Possession: Closing
  • Documents Available: Zoning
  • Planned Unit Development: No
Utilities
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Bloomington City Utility
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Block, Brick, Vinyl
  • Platted: Yes
  • Roof Material: Metal, Rubber
Interior Features
  • Basement: No
  • Basement/Foundation: None
  • Cooling: Other
  • Flooring: Concrete
  • Heating/Fuel: Electric, Gas, Forced Air, Wall Heater
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 319 South Madison Street

DateEvent & SourcePriceAppreciation
Aug 24, 2024

Expired

MIBORMLS #21940091

—
Aug 24, 2023

Listed (Active)

Indiana Regional MLS #202330477

$3,250,000—
Aug 24, 2023

Listed (Active)

MIBORMLS #21940091

$3,250,000—
DateEvent & SourcePrice
08/24/2024

Expired

MIBORMLS #21940091

—
08/24/2023

Listed (Active)

Indiana Regional MLS #202330477

$3,250,000
08/24/2023

Listed (Active)

MIBORMLS #21940091

$3,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 319 South Madison Street

Taxable ValueLand$19,100Additions$81,800Total$100,900
Tax Record2024$2,066 ($172 / month)
Home Facts
Total Finished SqFt7,546 SqFtAbove Grade Finished SqFt7,546 SqFtStories1Lot Size2,614 SqFtStyleService StationYear Built1900CountyMONROEAPN53-08-05-100-140.000-009

Schools near 319 South Madison Street

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Fairview Elementary School
Public - PK to 6
Tri-North Middle School
Public - 7 to 8
Bloomington High School North
Public - 9 to 12
The Academy of Science and Entrepreneurship
Public - 9 to 12
Rating
School
Distance
Fairview Elementary School
PublicPK to 6

Tri-North Middle School
Public7 to 8

Bloomington High School North
Public9 to 12

The Academy of Science and Entrepreneurship
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 319 South Madison Street, Bloomington, IN 47403

319 South Madison Street is a mixed use property for sale in Bloomington, IN 47403. This property was listed for sale on August 24, 2023 by RE/MAX Acclaimed Properties, it's currently listed at $3,250,000. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Fairview Elementary School, Tri-North Middle School and Bloomington High School North. 319 South Madison Street is a 0-bed, 0.5-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Acclaimed Properties

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.