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406 N Foster Ave; Lansing, MI Property Details

406 N Foster Ave, Lansing, MI is a Single Family that was built in 1924. This property is currently Financed and is not for sale. Our records show that 406 N Foster Ave has 2 bedrooms, and 1 bathroom, and a total of 714 square feet. The lot size of 406 N Foster Ave is 4,356 square feet.

Off market
406 N Foster Ave Lansing, MI 48912
$89,500 Listing Price
2 Beds
1 Baths
714 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $89,500
  • Open Loans / Balance: 1 / $62,168
  • Est. Equity / %: $46,832 / 42.97%
  • Gross Yield: 15.226%
  • APN: 33-01-01-14-136-081
  • Situs County: Ingham
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 714/SqFt
  • Lot: 4,356/SqFt
  • Gross: 714/SqFt
  • Garage: 216/SqFt
  • Living: 714/SqFt
  • Basement: 714/SqFt
  • Building: 714/SqFt
  • Ground: 714/SqFt
  • Garage Unfinished: 216/SqFt
  • Basement Unfinished: 714/SqFt
  • Price Per Square Foot: $125.35

Legal Description

  • Description: LOT 261 FOSTER FARM
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lansing Public School District
  • Lat / Lon: 42.73749 / -84.51735
  • Subdivision: Foster Farm
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4108
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Name: Fairfield Place Condominium Assoc
  • H O A One Type: Home Owner Association

Ownership Info

406 N Foster Ave has no associated ownership info
406 N Foster Ave has no associated ownership info.

Taxes

406 N Foster Ave has 10 associated Taxes items

406 N Foster Ave, Lansing, MI pays taxes in Ingham County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $46,000. The APN we've located for 406 N Foster Ave is 33-01-01-14-136-081.

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Taxes
  • Assessed Value:  $46,000
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-14-136-081
  • Assessed Land Value:  3700
  • Market Land Value:  7400
  • Tax Amount:  2811.12
  • Tax Year:  2025
  • Market Value:  92000
  • Market Year:  2026

Tax History

406 N Foster Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $46,000 Land Value $3,700 Improvement Value $42,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,811.12 Change Rate +0.046676% Assessed CR Tax Rate
Year 2024 Assessed Value $40,500 Land Value $6,000 Improvement Value $34,500 Tax Amount $2,685.76 Change Rate +0.525558% Assessed CR Tax Rate +0.066315%
Year 2023 Assessed Value $37,300 Land Value $6,000 Improvement Value $31,300 Tax Amount $1,760.51 Change Rate -0.134148% Assessed CR Tax Rate +0.047199%
Year 2022 Assessed Value $34,800 Land Value $5,000 Improvement Value $29,800 Tax Amount $2,033.27 Change Rate +0.023626% Assessed CR Tax Rate +0.058427%
Year 2021 Assessed Value $32,300 Land Value $5,000 Improvement Value $27,300 Tax Amount $1,986.34 Change Rate +0.007195% Assessed CR Tax Rate +0.061497%
Year 2020 Assessed Value $30,700 Land Value $5,000 Improvement Value $25,700 Tax Amount $1,972.15 Change Rate +0.03569% Assessed CR Tax Rate +0.064239%
Year 2019 Assessed Value $29,500 Land Value $5,000 Improvement Value $24,500 Tax Amount $1,904.19 Change Rate +0.072089% Assessed CR Tax Rate +0.064549%
Year 2018 Assessed Value $27,800 Land Value $5,000 Improvement Value $22,800 Tax Amount $1,776.15 Change Rate +0.02523% Assessed CR Tax Rate +0.06389%
Year 2017 Assessed Value $27,800 Land Value $5,000 Improvement Value $22,800 Tax Amount $1,732.44 Change Rate Assessed CR Tax Rate +0.062318%
Year 2016 Assessed Value $25,300 Land Value $5,000 Improvement Value $20,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $24,200 Land Value $9,976 Improvement Value $14,224 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,500 Land Value $6,983 Improvement Value $16,517 Tax Amount $1,669.36 Change Rate Assessed CR Tax Rate +0.071037%