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About This Home
This 5-bedroom, 3-bathroom residential multi family at 308 S Madison Street in Bloomington, IN is listed for $499,000 ($212 per sqft). the home offers 2,351 sqft of living space on a 0.20 acres lot.
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.
Key Features
- 0.20 acre lot
- 1.5 stories
Property Details
Amenities
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
308 S Madison Street
Bloomington, IN 47403
None
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 308 S Madison Street is listed at $499,000 ($212/sqft). The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.
Key features include: 0.20 acre lot, 1.5 stories. Exterior Features: Basement, Cable Available, Deck Open.
This property is listed by Scott Owens and can be reached at 8123226888 or scott@owensrealtygroup.com.
