Property thumbnailProperty thumbnailProperty thumbnail
Active

Single Family Residence in Bloomington, IN

1416 S Madison Street, Bloomington, IN, 47403

Description

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.

Location
Contact Agent

Bloomington Expert Agent

Msgs from HOUSEJET. Msg/data rates may apply. Msg frequency varies. Text STOP to unsubscribe. Text HELP for help.
Submitting this form signifies you agree to our Terms of Service and Privacy Policy.

Additional Listing Details:

3 days on HouseJet

Last Refresh: 06/24/2026 02:00:03 AM UTC

MLS #: 202624329

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Agents: Is This Your Listing?

1 day on HouseJet

$394,500

1215 Texas Avenue, Grand Junction, CO, 81501

5 Bds 2 Ba 1725 sqft
Est.: $1,975/mo
81 days on HouseJet

$425,000

2114 N 21st Street, Grand Junction, CO, 81501

5 Bds 2 Ba 2234 sqft
Est.: $2,112/mo

Listing Agent

Ajmal Safi

License # RB19001767

RE/MAX Acclaimed Properties

Phone: 812-332-3001