308 South Madison Street

Bloomington, IN 47403

$549,000
Price
5
Beds
3
Baths
2,351 Sq. Ft.
$234 / Sq. Ft.
2,351
Sq. Ft.
$234
per Sq. Ft.

Description

This is a great investment for an owner-occupant with added income unit, or fully rent both units (308 & 308.5 S Madison). Great downtown location! Easy access to Bloomingfoods, Farmers' Market, B-Line trail and all that downtown Bloomington has to offer. Occupancy 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...This is a great investment for an owner-occupant with added income unit, or fully rent both units (308 & 308.5 S Madison). Great downtown location! Easy access to Bloomingfoods, Farmers' Market, B-Line trail and all that downtown Bloomington has to offer. Occupancy 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.

Property Details for 308 South Madison Street

Style
One and Half Story
Subdivision
None
Waterfront
No

Location

Listing Courtesy of Owens Realty Group
Add your commute
LISTING UPDATED: 05/02/2024 11:44 AM

Property Details for 308 South Madison Street

StatusActive
MLS #202412650
Days on Market32
Taxes$9,710 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1930
Lot Size0.20 AC / 8,712 SF
CountyMonroe County

Location

Listing Courtesy of Owens Realty Group
Add your commute

Building Information for 308 South Madison Street

Stories-Year Built1930Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,805 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,996

Property Taxes

$809

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 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
  • Zoning Description: 2 Family Dwell - Platted Lot
  • Fips Code: 18105
  • Directions To Property: Heading West on E 3rd St take a left on Madison St. 308 S Madison is the 2nd home on your right.
Taxes and HOA
  • Annual Taxes: $9,710
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-08-05-101-016.000-009
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Fairview
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Garage: No
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2351.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 2351.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2351.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
  • Outbuilding 1 Length: 12.0
  • Outbuilding 1 Sqft: 632
  • Outbuilding 1 Width: 15.0
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 94
  • Planned Unit Development: No
Utilities
  • Water Utility: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Exterior: Stone, Vinyl
  • Outbuilding 1: Studio
  • Platted: Yes
  • Pool: No
Interior Features
  • Basement Material: Stone
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Central Air, Other
  • Fireplace: No
  • Flooring: Hardwood Floors
  • Heating/Fuel: Gas, Forced Air
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Number of Full Baths Below Grade: 0
  • Number of Full Baths Main: 2
  • Number of Full Baths Upper: 1
  • Number of Half Baths Below Grade: 0
  • Number of Half Baths Main: 0
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 10
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Total Number of Rooms Below Grade: 0
Room
Room Information
  • 1st Bedroom Length: 12.0
  • 1st Bedroom Level: Main
  • 1st Bedroom Width: 12.0
  • 2nd Bedroom Length: 12.0
  • 2nd Bedroom Level: Main
  • 2nd Bedroom Width: 11.0
  • 3rd Bedroom Length: 12.0
  • 3rd Bedroom Level: Upper
  • 3rd Bedroom Width: 11.0
  • 4th Bedroom Length: 12.0
  • 4th Bedroom Level: Upper
  • 4th Bedroom Width: 9.0
  • 5th Bedroom Length: 11.0
  • 5th Bedroom Level: Main
  • 5th Bedroom Width: 8.0
  • Dining Room Length: 15.0
  • Dining Room Level: Main
  • Dining Room Width: 11.0
  • Kitchen Length: 13.0
  • Kitchen Level: Main
  • Kitchen Width: 10.0
  • Laundry Level: Lower
  • Living/Great Room Length: 13.0
  • Living/Great Room Level: Main
  • Living/Great Room Width: 13.0

Property History for 308 South Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 308 South Madison Street

Taxable ValueLand$86,000Additions$372,900Total$458,900
Tax Record2022$8,307 ($692 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,667 SqFtAbove Grade Finished SqFt1,667 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1899Year Renovated1990CountyMONROEAPN53-08-05-101-016.000-009

Schools near 308 South Madison Street

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
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

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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308 South Madison Street is a single family home for sale in Bloomington, IN 47403. This property was listed for sale on April 16, 2024 by Owens Realty Group, it's currently listed at $549,000. It has been on the market for a total of 32 days and was last sold on January 15, 2019. 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. 308 South Madison Street is a 5-bed, 3-bath, 2,351 sqft single family home built in 1930.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Owens Realty Group

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.