Sheldon Barnes
For Sale — 308 S Madison Street, Bloomington, IN 47403308 S Madison Street
Bloomington, Indiana 47403
Subdivision Not Available See Legal
5
Beds
3
Baths
634
Sq Ft
1930
Year Built
0.2
Acres
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Sheldon Barnes can help you tour 308 S Madison Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Bloomington, Indiana and the rest of Hamilton County. Book a private tour of 308 S Madison Street in Subdivision Not Available See Legal, ask any question about this home, or talk through what you should know about buying in Bloomington.
ABOUT THIS HOME
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.
Key things to know
- Dual income units with occupancy permit for 7 people
- Remodeled kitchen and renovated bathrooms in main house
- Separate apartment with new heating/cooling and refreshed kitchen
- Walkable downtown location near indiana university
- Hardwood floors throughout
Monthly payment
Estimate · $499,000
$2,656/mo
≈ $2,656 principal & interest
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $99,800 on a loan of $399,200.
Price history
- Price reduced$519,000 → $499,000
Jul 10, 2025
- Listedat $519,000
Jun 9, 2025
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$519,000Listed· Jun 9, 2025
$499,000Reduced
↓ $20,000 (3.9% off original)
32 days on market
Layout
Primary suite
See Remarks
Primary bath
Suite
Schools
Monroe County Community Sch Corp
Neighborhood
- Downtown Indianapolis46.4 mi
- Zionsville Community HS57.2 mi
- Carmel Central Park58.9 mi
- Monon Trail (Carmel)59.3 mi
- Carmel High School59.9 mi
- IU Health North Hospital60.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
634 sq ft
Year Built
1930
Stories
One and One Half
Subdivision
Subdivision Not Available See Legal
Bedrooms
5
Bathrooms
3 full
Garage
1 spaces
School District
Monroe County Community Sch Corp