Listing courtesy of Carpenter Realtors Greenwood · Listing agent: Lisanne Allen · cell: 812-369-8242
1106 S Madison Street
Bloomington, IN 47403
- Basement
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,408 sq ft
- Lot
- 0.2 ac
- Year built
- 1930
- Type
- Duplex
- Listed
- October 5, 2026
- MLS #
- 202641209
About this home
Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options. The front unit has street parking, with 2–3 parking spaces available for the rear unit. This property has some deferred maintenance and is priced with both its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isn’t afraid of a little work and can see the possibilities beyond the punch list.
Monthly payment estimate
$1,834/mo
- Principal & interest
- $1,040
- Property taxes
- $739
- Homeowners insurance
- $55
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Detached
- Stories
- 1
- Total area
- 2,696 sq ft
- Finished area above grade
- 1,408 sq ft
- Unfinished area below grade
- 1,288 sq ft
- Below grade total
- 1,288 sq ft
- Bedrooms above grade
- 4
- Basement
- Full, Unfinished
- Flooring
- Carpet, Vinyl
- Heating
- Natural Gas
- Cooling
- Window Unit(s)
- Amenities
- Basement, Off Street Parking, Near Walking Trail, Cable Ready, Detector-Smoke
Exterior & parking
- Style
- Bungalow
- Construction
- Vinyl Siding
- Roof
- Asphalt
- Foundation
- Block
- Parking
- Off Street, On Street
- Private pool
- No
- Other structures
- Shed(s)
- Outbuilding 1
- 24 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 146 x 60
- Location type
- City/Town/Suburb,Near College Campus,Near Walking Trail
- County
- Monroe County
- Township
- Perry
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS friendly
Schools
- Elementary school
- Templeton
- Middle school
- Jackson Creek
- High school
- Bloomington South
- School district
- Monroe County Community School Corp.
Taxes & terms
- Annual taxes
- $8,868
- Tax year
- 2025
- Listing terms
- Cash, Conventional
- Possession
- at closing
- Parcel number
- 53-08-05-401-016.000-009
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 2
- Annual gross rent
- $24,000
- Net operating income
- $7,693
- Parking spaces
- 3
- Pets allowed
- Yes
- Tenant pays
- Cable TV
- Insurance (annual)
- $3,490
- Water & sewer (annual)
- $1,242
- Electric (annual)
- $1,375
- Fuel (annual)
- $1,332
Location
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