About This Home

This 4-bedroom, 2-bathroom multi-family at 1106 S Madison Street in Bloomington, IN is listed for $190,000 ($135 per sqft). Built in 1930, the home offers 1,408 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1930
  • 0.20 acre lot
  • 3 parking spaces

Property Details

2 full
3 spaces
1930
Listing Description

Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options.

The front unit has street parking, with 2-3 parking spaces available for the rear unit. This property has some deferred maintenance and is priced with both its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isn't afraid of a little work and can see the possibilities beyond the punch list.

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

1106 S Madison Street

Bloomington, IN 47403

Property Details

Flooring

CarpetVinyl

Parking

Off Street

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 1106 S Madison Street is listed at $190,000 ($135/sqft). The estimated monthly payment is $1,016 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.20 acre lot, 3 parking spaces.

This property is listed by Lisanne Allen.

LA

Lisanne Allen

Agent at Carpenter Realtors Greenwood

Listed by Carpenter Realtors Greenwood · Broker phone: 3178818100

MLS# 202641209· Source: Bedford Board of Realtors· 25 days on PropertySimple

Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1106 S Madison Street, Bloomington, IN 47403

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