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1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo
1416 S Madison Street, Bloomington, IN 47403 Photo

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$275,000
Status: Active
1416 S Madison Street Bloomington, IN 47403
  • 3
    Bedrooms
  • 2
    Total Baths
  • 1,460
    Square Feet
  • 0.20
    Acres
  • 1960
    Year Built
  • HOA

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. 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

Broker Name: RE/MAX Acclaimed Properties
Broker Contact: Cell: 812-219-1598
Agent Name: Ajmal Safi

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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Property Features

MLS Number: 202624325
Subdivision:
County: Monroe
Bedrooms: 3
Total Square Feet: 1,460
Style: Other
New Constuction: No
Construction: Vinyl
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Crawl, Slab
Cooling: Central Air, Wall AC
Heating: Gas, Forced Air
Lot Size: 0.20 Acres
Stories: 1.0
Year Built: 1960

Feature Descriptions

Above Grade Finished SQFT: 1460
Amenities: Off Street Parking, Near Walking Trail, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Electric, Water Heater Gas
Days on CressyEverett.com: 2
Exterior: Vinyl
Home Style: Other
Location: City/Town/Suburb
Lot: Level
Lot Dimensions: 132' x 66'
Owner Pays: Building Insurance, Maintenance, Tax
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric, Fuel, Heating, Sewer, Water
Total Finished SQFT: 1460
Units: 1
Water: City

Location

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Estimated Payment

$ 1,441.95 per month $1,361.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

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