Bloomington, IN 47403 308 S Madison Street

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Presented By: Scott Owens with Owens Realty Group;
  • MLS# 202521620
  • 06/06/2025
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  • Beds • 5
  • Baths • 3
  • SQFT • 2,351
  • Garage • 1

Home Details

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.
Presented By: Scott Owens with Owens Realty Group;

Interior Features for 308 S Madison Street

Bedrooms

1st Bedroom LevelMain
1st Bedroom Width12
2nd Bedroom Length12
2nd Bedroom LevelMain
2nd Bedroom Width11
3rd Bedroom Length12
3rd Bedroom LevelUpper
3rd Bedroom Width11
4th Bedroom Length12
4th Bedroom LevelUpper
4th Bedroom Width9
5th Bedroom Length11
5th Bedroom LevelMain
5th Bedroom Width8
Above Grade Bedrooms5
Beds5
Below Grade Bedrooms

Bathrooms

Below Grade Baths0
Full Baths Below Grade0
Full Baths Main2
Full Baths Upper1
Half Baths Below Grade
Half Baths Main
Half Baths Upper

Other Interior Features

Total Finished SqFt2351
Basement Y/NYes
Above Grade Finished SqFt2351
Above Grade Unfin. SqFt
Below Grade Finished SqFt
Below Grade Unfin. SqFt403
BasementUnfinished

Other Rooms

Total Rooms9

General for 308 S Madison Street

Age95
Agent First NameScott
Agent Last NameOwens
Annual Taxes10332
AreaMonroe County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms3
CityBloomington
ClassRESIDENTIAL
CoolingCentral Air
DOM5
Elementary SchoolFairview
FIPS Code18105
FireplacesNo
Full Baths3
GarageAttached
Half Baths
HeatingForced Air
High SchoolBloomington North
Laundry Y/NLower
Legal Description015-13110-00 McPheeters Pt Lot 4
Middle SchoolTri-North
New ConstructionNo
REONo
School DistrictMonroe County Community School C
SewerPublic
StatusActive
StatusActive
Status Detail0
StyleOne and Half Story
SubdivisionNone
Tax Year2025
Total Sq Ft2754
TownshipPerry
TypeSite-Built Home
Virtual TourClick here
Year Built1930

Exterior for 308 S Madison Street

Approx. Lot Size Acres0.2
ExteriorAluminum, Stone
Garage Capacity1
Garage Length12
Garage SqFt180
Garage Width15
Garage Y/NYes
Lot DescriptionIrregular
Lot DimensionsRectangular
Lot Size Area8712
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Tri-North Middle School
Elementary School Fairview Elementary School
High School Bloomington North High School

Caylie Barras

Broker
Price $519,000
MLS#202521620
List Date 06/06/2025
Property Type Single Family
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