1416 S Madison Street
Bloomington, IN 47403
FANTASTIC DOWNTOWN LOCATION with an income producing opportunity! The main house is a 3 Bed, 1 Ba charmer, as well as a 'grandfathered' ADU 2 Bed, 1 Ba cottage all on a large city lot. The property is just minutes from Switchyard Park and the B-Line Trail that leads to downtown one direction and leads to the South side the other direction. It also its near a city bus stop. Both dwellings are approved for 3 unrelated adults by HAND. The main house faces Madison and includes parking in the back, as well as additional alley access on the north and west sides of the property. The main house features hardwood floors, a large eat-in kitchen, range, refrigerator, washer, dryer, central air, and a large shady yard. This house rents for $1400 per month, tenant pays utilities. The 600 SF grandfathered cottage is tucked away behind the main house, with off street parking, a covered front porch, open living room and kitchen, 2 nice sized bedrooms and a large full bath. This home comes with a refrigerator, range, and window a/c unit. It rents for $1250 per month, tenant pays utilities. The address of the cottage is 1416 1/2 S Madison.
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Listed By / Shown By
Listed By
Agency Name: RE/MAX Acclaimed Properties
Agency Contact: Cell: 812-219-1598
Agent Name: Ajmal Safi
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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1416 S Madison Street | MLS# 202624329
This single family home located at 1416 S Madison Street, Bloomington, IN 47403 is currently listed for sale with an asking price of $275,000. This property was built in 1960 and has 3 bedrooms and 1 full baths with 1460 sq. ft. S Madison Street is located in the Southwest Bloomington City subdivision within the Monroe County Community School Corp. school district. Search Southwest Bloomington City real estate on www.coldwellbanker1stchoice.com today.