For Sale303d on marketHistoric · 96 yrs
308 S Madison St
Bloomington, IN, 47403 • Prospect Hill • Monroe County
$499,000
$394/sqft
-$20,000 since Jul 10, 2025
Down payment assistance available
5Beds
3Baths
1,266Sqft
0.2 acLot
1930Built
Property DNA
Other Style
Built 1930 · 96 years of history
Subdivision Not Available See Legal
Prospect Hill
1-Car Garage
Alley Access · Detached
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 303 days ago · 369 views · 6 saves
Market activity
Demand and pricing signals for this listing
369 views
People checking out this listing
6 saves
Buyers have saved this home
303 days on market
Established listing
$394/sqft
Price per square foot
About this home
Single Family · Built 1930 · Historic
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.
Estimated monthly payment
Based on current rates
$3,125/month
Principal & Interest$2,460
Property Tax$499
Insurance$166
Down payment20% ($99,800)
3%50%
Est. 6.26% rate · 30yr fixed · $399,200 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1930
HeatingForced Air
CoolingCentral Air
Parking1 Garage space
Lot8,712 sqft
Days on Zillow303 Days
Price/sqft$394
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleOther
Year built1930
Stories1
Systems
HeatingForced Air
CoolingCentral Air
ConstructionStone, Aluminum Siding
Water / SewerPublic
Parking & Outdoor
ParkingAlley Access, Detached
Garage1 spaces
Lot8,712 sqft
Location & Tax
NeighborhoodProspect Hill
Annual tax$9,711
Parcel530805101016000009
Bathrooms & Fees
Full baths3
Features & details
7 categories of property features
Interior Features
Interior
Hardwood Floors
High Speed Internet
Appliances
Gas Cooktop
Dishwasher
Dryer
Gas Oven
Refrigerator
Washer
Flooring
Hardwood
Heating
Forced Air
Cooling
Central Air
Exterior Features
Parking
Alley Access
Detached
Construction
Stone
Aluminum Siding
Room details
8 rooms detailed
Master Bedroom
MainBedroom2
Upper12×11 ft132 sqft
Bedroom3
Upper12×11 ft132 sqft
Bedroom4
Upper12×9 ft108 sqft
Bedroom5
Main11×8 ft88 sqft
Dining Room
Main15×11 ft165 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market303
Tax rate0.72%
Price/sqft$394
On marketJun 9, 2025
PostedJun 9, 2025
Last sold$275,000
MLS statusActive
MLS updatedJul 10, 2025
Tour days9
Views369
Favorites6
How are the schools in Bloomington?
3 schools rated nearby
Location
Bloomington, IN, 47403
Price history
15 events
DateEventPrice$/sqftSource
Jul 10, 2025Price Change$499,000—IRMLS
Jun 7, 2025Listed For Sale$519,000—IRMLS
Oct 18, 2024Listing Removed$519,900—IRMLS
Jun 13, 2024Price Change$519,900—IRMLS
Apr 16, 2024Listed For Sale$549,000—IRMLS
Oct 27, 2023Listing Removed——Zillow Rentals
Jul 3, 2023Listed For Rent$3,350$3Zillow Rentals
May 14, 2019Listing Removed$2,400$2Brawley Property Management
Apr 25, 2019Listed For Rent$2,400$2Brawley Property Management
Jan 15, 2019Sold$275,000—IRMLS
Dec 3, 2018Listing Removed$2,400$2Chickering Rentals
Sep 25, 2017Price Change$2,400$2Chickering Rentals
Sep 6, 2017Listed For Rent$2,300$2Zillow Rental Manager
Jul 8, 2014Sold$235,000—IRMLS
Apr 2, 2014Listed For Sale$249,900$197Tim Ellis Realtors and Auctioneers, Inc.
Price Change$499,000
Jul 10, 2025•IRMLS
Listed For Sale$519,000
Jun 7, 2025•IRMLS
Listing Removed$519,900
Oct 18, 2024•IRMLS
Price Change$519,900
Jun 13, 2024•IRMLS
Listed For Sale$549,000
Apr 16, 2024•IRMLS
Listing Removed—
Oct 27, 2023•Zillow Rentals
Listed For Rent$3,350
Jul 3, 2023•$3/sqft•Zillow Rentals
Listing Removed$2,400
May 14, 2019•$2/sqft•Brawley Property Management
Listed For Rent$2,400
Apr 25, 2019•$2/sqft•Brawley Property Management
Sold$275,000
Jan 15, 2019•IRMLS
Listing Removed$2,400
Dec 3, 2018•$2/sqft•Chickering Rentals
Price Change$2,400
Sep 25, 2017•$2/sqft•Chickering Rentals
Listed For Rent$2,300
Sep 6, 2017•$2/sqft•Zillow Rental Manager
Sold$235,000
Jul 8, 2014•IRMLS
Listed For Sale$249,900
Apr 2, 2014•$197/sqft•Tim Ellis Realtors and Auctioneers, Inc.
Tax history
14 years of records
YearTax paidAssessed value
Apr 8, 2024$9,711$504,700
Apr 8, 2023$8,307$458,900
Apr 8, 2022$7,074$410,300
Apr 8, 2021$5,399$341,300
Apr 8, 2020$5,232$261,200
Apr 8, 2019$5,011$248,800
Apr 8, 2018$4,896$237,800
Apr 8, 2017$4,179$231,800
Apr 8, 2016$4,179$231,800
Apr 8, 2014$1,948$200,800
Apr 8, 2013$1,915$199,100
Apr 8, 2012$1,872$198,300
Apr 8, 2010$1,619$182,600
Apr 8, 2009$1,504$162,100
Nearby homes
Neighborhood details
Local context around this listing
Bloomington, IN • Monroe County
Nearby neighborhoods
Arlington ValleyBroadviewElm HeightsFritz TerraceGentry EstatesNorth Kinser PointNorthwood EstatesOld Northeast DowntownSmithville-SandersWest Pointe
Nearby cities
BloomingtonEllettsvilleGosportSpencerSpringvilleStinesvilleUnionville
Nearby zip codes
47401474034740447405474064740847434474594746247490
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