2-Unit Bungalow
New
For Sale
$190,000
1106 S Madison Street, Bloomington, IN 47403
Residential Income, Bloomington, IN
Property SizeContact for details
Lot Size0.20 Acres
Days on Market3
Property Features for 1106 S Madison Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Basement, Bathroom 2, Bathroom 1, Bedroom 4
Basement
Unfinished
Subdivision
No Subdivision
Elementary school
Templeton Elementary School
Middle school
Jackson Creek Middle School
High school
Bloomington High School South
Elementary school district
Monroe County Community Sch Corp
Middle school district
Monroe County Community Sch Corp
High school district
Monroe County Community Sch Corp
Directions
GPS Friendly
Standard status
Active
APN
530805401016000009
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
M M Campbell Lot 46
Tax Annual Amount
8868
Legal Description
M M Campbell Lot 46
Utilities
Heating system
Natural Gas
Cooling system
Window Unit(s)
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Architectural style
Bungalow
Listing Agency:
Carpenter, REALTORS(R)
(317) 881-8100
Listed By:
Lisanne Allen
(800) 630-1727
Added: Oct 5
Last Checked: Oct 7 at 10:06AM
MLS# 22122261
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1930 bungalow-style duplex contains two residences, each with two bedrooms and one bathroom. The front unit has a month-to-month occupant, and the rear unit is vacant. Natural gas heating and window-unit cooling serve the property; new gutters have been installed. Deferred maintenance is present.
At 1106 S Madison Street in Bloomington, the 0.2-acre property is near walking trails and Switchyard Park. Street parking is available for the front residence, and the rear unit has 2-3 parking spaces.
At 1106 S Madison Street in Bloomington, the 0.2-acre property is near walking trails and Switchyard Park. Street parking is available for the front residence, and the rear unit has 2-3 parking spaces.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 0.2‑acre parcel in Bloomington
- Front unit occupied month‑to‑month; rear unit vacant
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 47403, IN
33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - The rear residence is vacant, while the front is occupied under a month-to-month arrangement.
Where is this duplex located?
The property is located at 1106 S Madison Street Bloomington, IN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 0.2‑acre parcel in Bloomington; Front unit occupied month‑to‑month; rear unit vacant
