- 5 beds
- 4 baths
- – sqft
- 8,712 sqft lot
- – on site
Great investment for an owner-occupant with added income unit (or in-law unit), or fully rent both units (308 & 308.5 S Madison). Located in the heart of downtown Bloomington! Easy access to Indiana University, Kirkwood Ave, Bloomingfoods, Farmers' Market, B-Line trail, etc . Occupancy permit in-place for 7 total. The main house (308 S Madison) has 5 bedrooms and 2 full bathrooms. It boasts a lovely kitchen which has been remodeled, plus it features renovated bathrooms. The second unit (308.5 S Madison) has a new bathroom, refreshed kitchen and new heating and cooling systems. There is a laundry area for the apartment in the garage. Both units rent easily; inquire for rental information. Listing agent is owner.
Last checked:
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Last updated Jun 7, 2025
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MLS# 202521620 —
The Building
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Year Built:1930
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New Construction:No
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Style:One and Half Story
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Exterior:Aluminum, Stone
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Basement:Yes
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Basement/Foundation:Unfinished
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Total SqFt:2754
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Total Finished SqFt:2351
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Above Grade Finished SqFt:2351
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Total Below Grade SqFt:403
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Below Grade Unfinished SqFt:403
Interior
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Laundry Level:Lower
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Fireplace:No
Room Dimensions
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1st Bedroom Length:12
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1st Bedroom Width:12
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2nd Bedroom Length:12
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2nd Bedroom Width:11
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3rd Bedroom Width:11
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3rd Bedroom Length:12
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4th Bedroom Length:12
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4th Bedroom Width:9
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5th Bedroom Length:11
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5th Bedroom Width:8
Location
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Directions to Property:Heading West on E 3rd St take a left on Madison St. 308 S Madison is the 2nd home on your right.
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Latitude:39.164201
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Longitude:-86.537666
The Property
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Parcel# ID:53-08-05-101-016.000-009
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Property Subtype:Site-Built Home
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Lot Dimensions:Rectangular
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Lot Description:Irregular
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Approx Lot Size SqFt:8712
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Approx Lot Size Acres:0.2
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Waterfront:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:10332
Beds
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Total # Bedrooms:5
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
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3rd Bedroom Level:Upper
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4th Bdrm Level:Upper
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5th Bdrm Level:Main
Baths
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Total Baths:4
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Total Full Baths:4
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# of Full Baths Main:3
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# of Full Baths Upper:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202521620
Heating & Cooling
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Heating Fuel:Forced Air
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Cooling:Central Air
Utilities
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Water Utility:City
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Sewer:Public
Schools
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Elementary:Fairview
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Middle School:Tri-North
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High School:Bloomington North
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School District:Monroe County Community School Corp.
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:12
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Garage SqFt:180
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Garage Width:15
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Garage/# of Cars:1
Monthly cost estimate

Asking price
$519,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,779
|
Taxes | $726 |
Insurance | $142 |
Utilities | N/A |
Total | $3,647/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/6/25
Jun 6, 2025
|
Listed / Active | IRMLS | $519,000 |