Taxes
- Assessed Value: $953,500
- Assessed Year: 2025
- Assessed County: Monroe
- APN: 53-01-33-395-000.000-005
- Assessed Land Value: 504100
- Market Land Value: 504100
- Tax Amount: 20081.66
- Tax Year: 2025
- Market Value: 953500
- Market Year: 2025
116 S Madison St; Bloomington, IN Property Details
Off market
116 S Madison St Bloomington, IN 47404
$1,150,000 Listing Price
2 Baths
5,225 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1948
- Purchase Price: $1,625,000
- APN: 53-01-33-395-000.000-005
- Situs County: Monroe
- Length Of Ownership: 5 years
Rooms
- Bathrooms: 2
Structure
- Building Style: Wood
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 5,225/SqFt
- Lot: 14,810/SqFt
- Gross: 5,225/SqFt
- Living: 5,225/SqFt
- Building: 5,225/SqFt
- Ground: 5,225/SqFt
- Price Per Square Foot: $311.00
Legal Description
- Description: ORIGINAL PLAT LOT 79 PT80 79A
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Monroe County Community School Corporation
- Lat / Lon: 39.166008 / -86.537636
- Subdivision: City Bloomington
- Property Class: Office
- County Use Code: GENOFF
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5194
Ownership Info
116 S Madison St has no associated ownership info
116 S Madison St has no associated ownership info.
Taxes
116 S Madison St has 10 associated Taxes items
116 S Madison St, Bloomington, IN pays taxes in Monroe County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $953,500. The APN we've located for 116 S Madison St is 53-01-33-395-000.000-005.
Unlock the full reportTax History
116 S Madison St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $953,500 | Land Value $504,100 | Improvement Value $449,400 | Tax Amount $20,081.66 | Change Rate +0.350416% | Assessed CR | Tax Rate +0.021061% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $14,870.72 | Change Rate +0.944391% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $721,000 | Land Value $372,600 | Improvement Value $348,400 | Tax Amount $7,648.01 | Change Rate -0.500351% | Assessed CR | Tax Rate +0.010608% |
| Year 2022 | Assessed Value $1,099,100 | Land Value $377,700 | Improvement Value $721,400 | Tax Amount $15,306.78 | Change Rate +0.542117% | Assessed CR | Tax Rate +0.013927% |
| Year 2021 | Assessed Value $477,800 | Land Value $251,000 | Improvement Value $226,800 | Tax Amount $9,925.82 | Change Rate +0.008002% | Assessed CR | Tax Rate +0.020774% |
| Year 2020 | Assessed Value $477,200 | Land Value $251,000 | Improvement Value $226,200 | Tax Amount $9,847.02 | Change Rate -0.024673% | Assessed CR | Tax Rate +0.020635% |
| Year 2019 | Assessed Value $477,200 | Land Value $251,000 | Improvement Value $226,200 | Tax Amount $10,096.12 | Change Rate -0.005171% | Assessed CR | Tax Rate +0.021157% |
| Year 2018 | Assessed Value $477,200 | Land Value $251,000 | Improvement Value $226,200 | Tax Amount $10,148.6 | Change Rate -0.05051% | Assessed CR | Tax Rate +0.021267% |
| Year 2017 | Assessed Value $503,200 | Land Value $251,000 | Improvement Value $252,200 | Tax Amount $10,688.48 | Change Rate +0.033027% | Assessed CR | Tax Rate +0.021241% |
| Year 2016 | Assessed Value $503,200 | Land Value $251,000 | Improvement Value $252,200 | Tax Amount $10,346.76 | Change Rate | Assessed CR | Tax Rate +0.020562% |
| Year 2014 | Assessed Value $518,000 | Land Value $251,000 | Improvement Value $267,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $10,804.44 | Change Rate | Assessed CR | Tax Rate |