


1416 S Madison Street, Bloomington, IN, 47403
Bedroom
3 Rooms
Bathroom
1 Bath
Square Foot
1460 Ft
Lot Size
0.20 Acres
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.
Contact Agent
Bloomington Expert Agent
Additional Listing Details:
3 days on HouseJet
Last Refresh: 06/24/2026 02:00:03 AM UTC
MLS #: 202624329
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2114 N 21st Street, Grand Junction, CO, 81501
Listing Agent
Ajmal Safi
License # RB19001767
RE/MAX Acclaimed Properties
Phone: 812-332-3001