1416 S Madison St, Bloomington, IN 47403

$275,000
3
BD
2
BA
1,460
SqFt

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Listing courtesy of from RE/MAX Acclaimed Properties. Cell: 812-219-1598

List Price
$275,000
Status
ACTIVE
MLS#
202624325
Style
Ranch, Cabin
Year Built
1960
Days On Market
Unknown
Bedrooms
3
Bathrooms
2
Living Area
1,460
Township
Perry

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.

Additional Information

Acres
0.20
Taxes
$4,258
Lot Features
Level
Water
City
Heating
Natural Gas, Forced Air
Cooling
Central Air, Window/Wall
Flooring
Wood, Vinyl
School District
Monroe County Community School Corp.
Elementary School
Templeton
Middle School
Jackson Creek
High School
Bloomington South

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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