Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$499,000 -

308 S Madison Street Bloomington IN 47403

5
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.2
Acres

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.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $499,000 Previously: $499,000 Originally: $519,000 Bedrooms: 5 Bathrooms: 3.00 MLS #: 22043812 Year Built: 1930 Township: Perry Sq. Ft Total: 1,266 Type: Residential Zip Code: 47403 City: Bloomington Subdivision: Subdivision Not Available See Legal County: Monroe School District: Monroe County Community Sch Corp

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Cooling: Central Air
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.20

Listing Office: Owens Realty Group

Similar Properties To: 308 S Madison Street, Bloomington

$410,000
4 br, 3 ba, 2,373 ft²
Sherwood Oaks
MLS® #:
22072558
Provider:
F.c. Tucker/bloomington, Realt
3512 Wellington Drive, Bloomington
$549,900
4 br, 2½ ba, 2,742 ft²
Fox Chase
MLS® #:
22068212
Provider:
Realty Professionals
3814 S Fox Chase Run, Bloomington
$520,000
3 br, 2 ba, 2,060 ft²
No Subdivision
MLS® #:
22026714
Provider:
Re/max Acclaimed Properties
812 S Rose Avenue, Bloomington
$399,500
4 br, 3 ba, 2,301 ft²
No Subdivision
MLS® #:
22025228
Provider:
Re/max Acclaimed Properties
7680 S Fairfax Road S, Bloomington
$390,000
4 br, 2½ ba, 1,556 ft²
No Subdivision
MLS® #:
22070368
Provider:
Carpenter, Realtors®
7205 W Prominence Point, Bloomington
$589,000
3 br, 2½ ba, 3,738 ft²
No Subdivision
MLS® #:
22066186
Provider:
Century 21 Scheetz
1000 W Williams Road, Bloomington
$445,000
3 br, 3 ba, 2,712 ft²
Glen
MLS® #:
22077327
Provider:
My Agent
4201 W Coffey Lane, Bloomington
$379,900
2 br, 2 ba, 1,296 ft²
No Subdivision
MLS® #:
22039226
Provider:
Re/max Acclaimed Properties
6829 S Shields Ridge Road, Bloomington

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 29th, 2025 at 3:10pm EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?