1408 Madison St
Bloomington, IL 61701
3 bd 3 ba 1,298 sqft Built 1925 Lot 5,643 sqft single_family
Most recent sale
$168,000
Apr 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 9, 2024 | Price changed for rent | $1,799 | AppfolioUnits |
| Sep 24, 2024 | Price changed for rent | $1,899 | AppfolioUnits |
| Sep 11, 2024 | Price changed for rent | $1,975 | AppfolioUnits |
| Jul 25, 2024 | Price changed for rent | $1,990 | AppfolioUnits |
| Jun 19, 2024 | Listed for rent | $2,100 | AppfolioUnits |
| Apr 11, 2022 | Sold | $168,000 | MLS #11311546 |
| Feb 1, 2022 | Listed | $168,000 | MLS #11311546 |
| Aug 22, 2015 | Sold | $120,000 | Public Record |
| Jul 13, 2010 | Sold | $46,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $62,929 | $8,553 | $71,482 | $4,862 |
| 2022 | $28,942 | $6,694 | $35,636 | $2,518 |
| 2021 | $27,369 | $6,330 | $33,699 | $2,354 |
| 2020 | $26,392 | $6,104 | $32,496 | $2,246 |
| 2019 | $26,392 | $6,104 | $32,496 | $2,239 |
| 2018 | $26,392 | $6,104 | $32,496 | $2,229 |
| 2017 | $26,392 | $6,104 | $32,496 | $1,669 |
| 2016 | $26,392 | $6,104 | $32,496 | $1,666 |
| 2015 | $26,043 | $6,023 | $32,066 | $1,625 |
| 2014 | $25,316 | $6,023 | $31,339 | $1,515 |
| 2013 | $9,838 | $6,024 | $15,862 | $787 |
| 2012 | $10,469 | $6,410 | $16,879 | $855 |
| 2010 | $10,956 | $6,311 | $17,267 | $878 |
| 2009 | $19,787 | $6,311 | $26,098 | $1,555 |
| 2008 | $18,434 | $5,879 | $24,313 | $1,471 |
Property facts
Year built
1925
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,298 sqft
Lot size
5,643 sqft
ZIP code
61701
City
Bloomington
Street
Madison St
Coordinates
40.46577, -88.99465
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,008
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1408 Madison St last sell?
1408 Madison St most recently sold on Apr 11, 2022 for $168,000.
What is the current tax assessment for 1408 Madison St?
The most recent total assessment for 1408 Madison St (year 2024) is $71,482 with $4,862 in property tax.
How does 1408 Madison St's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $168,000.
When was 1408 Madison St built?
1408 Madison St was built in 1925.
How does 1408 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1408 Madison St?
1408 Madison St is a 3 bed, 3 bath, 1,298 sqft, 5,643 sqft lot single_family.
Is 1408 Madison St a flip candidate?
No — 1408 Madison St does not appear in our flips dataset.
Is 1408 Madison St a tax-appeal candidate?
No — 1408 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St