diff --git a/markdown/preprocessors.py b/markdown/preprocessors.py
index 7fd38d331..7ea4fcf9f 100644
--- a/markdown/preprocessors.py
+++ b/markdown/preprocessors.py
@@ -178,10 +178,11 @@ def _nested_markdown_in_html(self, items):
                 else:  # raw html
                     if len(items) - right_listindex <= 1:  # last element
                         right_listindex -= 1
-                    offset = 1 if i == right_listindex else 0
+                    if right_listindex <= i:
+                        right_listindex = i + 1
                     placeholder = self.markdown.htmlStash.store('\n\n'.join(
-                        items[i:right_listindex + offset]))
-                    del items[i:right_listindex + offset]
+                        items[i:right_listindex]))
+                    del items[i:right_listindex]
                     items.insert(i, placeholder)
         return items
 
diff --git a/tests/extensions/extra/raw-html.html b/tests/extensions/extra/raw-html.html
index 7acb2eeb7..9c0222f56 100644
--- a/tests/extensions/extra/raw-html.html
+++ b/tests/extensions/extra/raw-html.html
@@ -41,4 +41,9 @@
 
 <p>Markdown is <em>still</em> active here.</p>
 </div>
-<p>Markdown is <em>active again</em> here.</p>
\ No newline at end of file
+<p>Markdown is <em>active again</em> here.</p>
+<div>
+<p>foo bar</p>
+<p><em>bar</em>
+</p>
+</div>
\ No newline at end of file
diff --git a/tests/extensions/extra/raw-html.txt b/tests/extensions/extra/raw-html.txt
index 72f530b99..da24af03f 100644
--- a/tests/extensions/extra/raw-html.txt
+++ b/tests/extensions/extra/raw-html.txt
@@ -65,3 +65,9 @@ Markdown is *still* active here.
 </div>
 
 Markdown is *active again* here.
+
+<div markdown=1>
+foo bar
+
+<em>bar</em>
+</div>