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1416 S Madison Street

Bloomington, IN 47403
  • $265,000
  • STATUS: Cont-AccptngBackupOffers
  • ON SITE: 17 Days
  • MLS #: 202424905
UPDATED: 60 min ago
$265,000
  • 5
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,460
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Tracee Lutes of RE/MAX Acclaimed Properties: Cell: 812-322-2650.

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.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T08:29:03.913.

www.teamreaganhomes.com/homes/152366227
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1416 S Madison Street Bloomington, IN 47403

  • Price: $265,000
  • Status: Cont-AccptngBackupOffers
  • On Site: 17 Days
  • Updated: 60 min ago
  • MLS #: 202424905
5
Beds
2
Baths
0
½ Baths
0.2
Acres
1,460
SQFT
$182
$/SQFT
1960
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Elementary School:
Templeton
Middle School:
Jackson Creek
High School:
Bloomington South
School District:
Monroe County Community School C
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.
Exterior Features

Architectural Style Ranch Driveway Gravel Exterior Vinyl Location City/Town/Suburb Lot Description Level Lot Dimensions 132' x 66' Outbuilding None Parking GravelStreet Parking Spaces 4 Pool YN No Road Access City Road Surface Asphalt Style One Story Unit1 Garage Type None Unit2 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 1460 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingNear Walking TrailCountertops-LaminateDetector-SmokePorch CoveredWater Heater ElectricWater Heater Gas Basement Foundation CrawlSlab Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central AirWall AC Dishwashers 0 Disposals 2 Dryers 1 Flooring WoodVinyl Heating Fuel GasForced Air Main Level Sq Ft 1460 Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 1460 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit1 Sq Ft 860 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 600 Upper Level Sq Ft 0 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 25560 Annual Insurance Expense 1367 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 19649.72 Annual Property Tax 4543.28 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Association Dues 0 Auction Y / N No Buildings 2 Documents Available Topography MapAerial PhotoLease Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 2 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company CenterPoint Energy Gas Meters 2 Government Subsidized YN No Gross Monthly Income 2130 Gross Monthly Rent 2130 Lease Term 1 Year New Construction No Occup Permit YN Yes One Bedrooms 0 Owner Pays Building InsuranceMaintenanceTax Owner Real Estate License YN No People Allowed 6 Permit Expiration 2026-01-22 Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Other Reo YN No Restrictions YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricFuelHeatingSewerWater Three Bedrooms 1 Township Perry Two Bedrooms 1 Unit1 Unit Rent 1400 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 0 Unit1- Garage Y / N No Unit2 Unit Rent 730 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Units Rented 2 Water Company Bloomington City Utility Water Meters 2 Water Utility City Year Taxes Payable 4543.28

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

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Reagan Homes | Blackrock Real Estate Services.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T08:29:03.913.

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