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.
Active
Price cut: $20K (7/10)
$499,000
308 S Madison St, Bloomington, IN 47403
5beds
1,266sqft
Est.:
Residential, Single Family Residence
Built in 1930
8,712 Square Feet Lot
$-- Zestimate®
$394/sqft
$-- HOA
What's special
- 54 days
- on Zillow |
- 359 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 05:27am
Listing Provided by:
Scott Owens 812-322-6888,
Owens Realty Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22043812

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 12
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 4
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 5
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Living room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
Features
- Hardwood Floors, High Speed Internet
- Flooring: Hardwood
- Has basement: Yes
Interior area
- Total structure area: 1,266
- Total interior livable area: 1,266 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Alley Access, Detached
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 530805101016000009
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Stone, Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Subdivision Not Available See Legal
HOA
- Has HOA: No
Location
- Region: Bloomington
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $504,700
- Annual tax amount: $9,711
- Date on market: 6/9/2025
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