Active

Price cut: $1.4K (8/1)

$368,500

407 S Madison St, Bloomington, IN 47403

2beds

1,327sqft

$2,632/mo

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Condominium, Townhouse

Built in 1991

-- sqft lot

$358,700 Zestimate^®

$--/sqft

$353/mo HOA

What's special

Deeded garageExterior deckStainless appliancesHigh-end kitchen cabinetsSolid surface countertopsBreakfast barWood floors

An available condo at the coveted Madison Park, and this top floor unit has it all: 2 BRs, 2 baths, vaulted beamed ceiling with upper-level loft, PLUS a deeded garage. You'll love the open floor plan, wood floors, new luxury plank flooring in bedroom, solid surface countertops, high-end kitchen cabinets, stainless appliances, breakfast bar, exterior deck, and amazing storage including walk-in storage closets and two pantries. This is downtown living at its best, just steps from the B-Line Trail and close to the heart of everything. These places don't last long!

39 days

335

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 143
Dimensions: 13 x 11

Kitchen

Level: Main
Area: 143
Dimensions: 13 x 11

Living room

Level: Main
Area: 299
Dimensions: 23 x 13

Heating

Forced Air

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Disposal, Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water Heater
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

1st Bdrm En Suite, Breakfast Bar, Cathedral Ceiling(s), Beamed Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Countertops-Solid Surf, Eat-in Kitchen, Split Br Floor Plan, Tub/Shower Combination, Main Level Bedroom Suite
Flooring: Hardwood, Carpet
Windows: Window Treatments, Blinds
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,377
Total interior livable area: 1,327 sqft
Finished area above ground: 1,327
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1

Features

Patio & porch: Deck

Lot

Features: Other, City/Town/Suburb, Near College Campus, Near Walking Trail

Details

Parcel number: 530153698001.000009

Construction

Type & style

Home type: Townhouse
Property subtype: Condominium, Townhouse

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1991

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: Madison Park

HOA

Has HOA: Yes
HOA fee: $353 monthly

Location

Region: Bloomington

Financial & listing details

Tax assessed value: $276,000
Annual tax amount: $5,456
Date on market: 7/10/2026

Estimated market value

$358,700

$341,000 - $377,000

$1,743/mo

Price history

Date	Event	Price
8/1/2026	Price change	$368,500-0.4%
Source: IRMLS #202627480 Report a problem
7/10/2026	Listed for sale	$369,900
Source: IRMLS #202627480 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/28/2020	Listing removed	$1,400$1/sqft
Source: Owner Report a problem
2/10/2020	Listed for rent	$1,400$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,415 -3.3%	$276,000 +4.3%
2024	$5,597 +20.2%	$264,500
2023	$4,657 +7%	$264,500 +15%
2022	$4,353 +109.6%	$230,000 +9.5%
2021	$2,077 +4.4%	$210,000
2020	$1,989 +10.3%	$210,000 +5%
2019	$1,804 0%	$200,000 +8.1%
2018	$1,804 +15.7%	$185,000
2017	$1,559	$185,000
2016	$1,559 +2.1%	$185,000 +14.2%
2014	$1,527 +0.4%	$162,000
2013	$1,521 +2.7%	$162,000
2012	$1,480 +4.2%	$162,000
2011	$1,420 +17%	$162,000 +8%
2010	$1,214 +14.8%	$150,000 +3.4%
2009	$1,057	$145,000