

$275,000
1416 S Madison Street
Bloomington, IN 47403
Property Description
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.
Interior Features
Bedrooms
Bathrooms
Other Interior Features
Other Rooms
General
Exterior
Additional Details
Price History
Schools
Similar Properties
$275,000
1416 S Madison Street
Bloomington, IN 47403
Login & Get Full Access
Personalize Your Home Search
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market. Complete the form to get started on your journey to purchase your dream home. Our lending partner has a wide variety of lending options available and advanced mortgage technology. As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.
Email us
Call us
Find us
3566 Douglas Road
South Bend, IN 46635
Quicklinks
Areas
Communities
© Copyright 2023 – Irish Realty. All Right Reserved.
PTO Request Form
PTO Donation Request Form
Commission Worksheet
Commission Worksheet
Buyer Broker Form Input
The Residences on Notre Dame Avenue
Reach out today!
Have questions about a Showcase house? Contact us!
Five Corner Flats
Reserve Your Spot Now!
Please review the Reservation Agreement before submitting the form bellow.
Fill out the form below to start the reservation process. Once submitted you will receive an email with further instructions on how to submit your $10,000 refundable deposit. Your place in line has been reserved once payment is received.
*A $15.00 non-refundable Bank Fee applies to this transaction.