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308 S Madison Street Bloomington, IN $ 499,000
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$ 499,000 Get more info
308 S Madison Street
$ 499,000
Back to search
Share Save

308 S Madison Street

Bloomington, IN, 47403
$ 499,000
Bedrooms5 Baths3.0 Sq 2,351

Monthly Estimate*

$ 3,113

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Single Family Home for sale in Bloomington, IN

for $499,000 with 5 bedrooms and 3 full baths. This 2,351 square foot home was built in 1930 on a lot size of 0.2.

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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Single Family Active

Price

$ 499,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 10,332

Style

Site-Built Home

Lot Size

0.2

Year Built

1930

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202521620
Features
General
Sewer Public
Heating Forced Air
Cooling Central Air
Laundry Y/N Lower
Fireplaces No
Garage Attached
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1930
New Construction No
Subdivision None
Style One and Half Story
Township Perry
Class RESIDENTIAL
Type Site-Built Home
Age 95
REO No
Status Detail 0
Area Monroe County
High School Bloomington North
City Bloomington
School District Monroe County Community School C
Total Sq Ft 2754
Elementary School Fairview
Middle School Tri-North
Legal Description 015-13110-00 McPheeters Pt Lot 4
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202521620
Agent First Name Scott
Agent Last Name Owens
DOM 193
Tax Year 2025
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Interior
Basement Unfinished
Beds 5
Total Rooms 9
Full Baths Main 2
Full Baths Upper 1
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 12
2nd Bedroom Length 12
2nd Bedroom Level Main
2nd Bedroom Width 11
3rd Bedroom Length 12
3rd Bedroom Level Upper
3rd Bedroom Width 11
4th Bedroom Length 12
4th Bedroom Level Upper
4th Bedroom Width 9
5th Bedroom Length 11
5th Bedroom Level Main
5th Bedroom Width 8
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Exterior
Exterior Aluminum Stone
Pool No
Garage Length 12
Garage Width 15
Lot Size Area 8712
Lot Dimensions Rectangular
Lot Description Irregular
Garage Capacity 1
Waterfront Y/N No
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* Excluded Features
List By
Scott Owens

Listing Agent

Owens Realty Group

Broker

scott@owensrealtygroup.com

Email

Affordability Calculator

$3,974
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$861
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236716 Elementary School
1235877 Middle School
Bloomington North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/10/2025$499,000 -3.85% Price Down
6/7/2025$519,000 Listed Price

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308 S Madison Street, Bloomington, IN, 47403 is a Single Family Home for sale at $499,000 with 2,351 sqft and a lot size of 0.2. 308 S Madison Street has 5 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 47403 which is in Bloomington, IN

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