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    Residential Income Duplex with ADU Title is generated by Realmo AI

    1416 S Madison Street, Bloomington, IN 47403

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    Claim this Listing
    New
    For Sale
    $275,000

    Ranch,Cabin/Cottage, Other - Bloomington, IN

    Property size:
    1,460 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $188/SF
    Added:
    Jun 19, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 21 at 3:06 pm

    Property Features for 1416 S Madison Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Patio and Porch features
    Porch
    EntryLevel
    Main
    Exterior features
    Off Street Parking, Near Walking Trail, Countertops-laminate, Detector-smoke, Porch Covered, Water Heater Electric, Water Heater Gas, None
    Appliances
    Dryer, Garbage Disposer, Range
    Standard status
    Active
    APN
    53-08-05-406-025.000-009
    Size
    1,460 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl, Wood
    Architectural style
    Cottage

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    Listing Contact
    Ajmal Safi

    Listing agent Ajmal Safi License #RB19001767

    Listing office RE/MAX Acclaimed Properties 3695 S Sare Rd., Bloomington, IN

    Listing date Jun 19, 2026

    MLS# 202624325 Listing URL

    Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Main house: 3 bed, 1 bath with hardwood floors and an eat‑in kitchen; includes range, refrigerator, washer, and dryer
    • Grandfathered ADU/cottage behind the main house: 2 bed, 1 bath; approx. 600 SF with covered front porch and off‑street parking
    • Cottage at 1416 1/2 S Madison includes refrigerator, range, and window A/C unit; open living room and kitchen plus large full bath
    • Approved for 3 unrelated adults by HAND for both dwellings (main house and ADU)
    • Heating and cooling: forced air with natural gas, central air plus wall units
    • Property includes covered porch, smoke detector, and electric and gas water heaters; offers back parking and additional alley access

    Overview

    This residential income property includes a main house with 3 bedrooms and 1 bathroom plus a grandfathered ADU cottage with 2 bedrooms and 1 bathroom, both approved for 3 unrelated adults by HAND. The main house features hardwood floors and a large eat-in kitchen, with included appliances including a range and refrigerator, as well as a washer and dryer and central air. The home also includes a large shady yard and parking in the back, with additional alley access on the north and west sides of the property.

    The property is located in downtown Bloomington and is described as minutes from Switchyard Park and the B-Line Trail, which connects to downtown in one direction and the south side in the other. It is also near a city bus stop. The cottage address is listed as 1416 1/2 S Madison, and it is tucked behind the main house with off-street parking and a covered front porch.

    For tenants or buyers seeking an owner-occupied or managed setup, this configuration provides two separate residential dwellings on a single city lot. The cottage includes a covered front porch, an open living room and kitchen layout, two bedrooms, and a large full bathroom, with a refrigerator, a range, and a window A/C unit provided. The cottage is rented with the tenant paying utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.538138
    Latitude
    39.151083

    FAQs

    What type of property is this?
    Duplex - Duplex-style income property with a main house plus a grandfathered cottage, each approved for unrelated adults.
    Where is this duplex located?
    The property is located at 1416 S Madison Street Bloomington, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Main house: 3 bed, 1 bath with hardwood floors and an eat‑in kitchen; includes range, refrigerator, washer, and dryer; Grandfathered ADU/cottage behind the main house: 2 bed, 1 bath; approx. 600 SF with covered front porch and off‑street parking; Cottage at 1416 1/2 S Madison includes refrigerator, range, and window A/C unit; open living room and kitchen plus large full bath
    More about this property
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