1416 S Madison St, Bloomington, IN 47403

$242,500
5
BD
2
BA
1,460
SqFt

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Sold Price
$242,500
List Price
$265,000
Closing Date
Jul 26, 2024
MLS#
202424905
Sqft. of Residence
1,460
Status
CLOSED

Property Description

Great LOCATION! Minutes from Switchyard Park and the trails that lead right downtown and also that lead to the south side and they go for miles, also near a bus stop. This charming 3 BR, 1 Ba house sits on a large city lot with a 'grandfathered' ADU that is an adorable 2 BR, 1 Ba cottage. Both dwellings are approved for 3 unrelated adults by Housing and Neighborhood Development. The main house faces Madison with parking behind and additional alley access on the north and west sides of the property. The main house has hardwood floors, a large eat-in kitchen, range, refrigerator, washer, dryer, central a/c, large shady yard. This house rents for $1400 per month, tenant pays utilities. The cottage is grandfathered and a great little place tucked away behind the main house, easy access and parking, covered front porch, open living room and kitchen with 2 good sized bedrooms and a large full bath. This approximately 600 SF cottage has had some good updates including laminate flooring, roof, furnace, upgraded electric and 3 new windows. Offering a refrigerator, range, and window a/c and easy parking. It rents for $730 per month, tenant pays utilities. The address of the cottage is 1416 1/2 S Madison.

Additional Information

Tenant Pays
Electricity, Fuel, Heat, Sewer, Water
Style
Ranch
Basement
Crawl Space, Slab
Stories
1
Acres
0.20
Cooling
Central Air, Window/Wall
Water
City
Region
Monroe County
School District
Monroe County Community School Corp.

Listing courtesy of Tracee Lutes from RE/MAX Acclaimed Properties. Cell: 812-322-2650

Selling Office: Beyers Realty.

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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.