- Assessed Value: $71,700
- Assessed Year: 2026
- Assessed County: Ingham
- APN: 33-01-01-09-361-111
- Assessed Land Value: 3200
- Market Land Value: 6400
- Tax Amount: 3543.74
- Tax Year: 2025
- Market Value: 143400
- Market Year: 2026
406 W Madison St; Lansing, MI Property Details
Off market
406 W Madison St Lansing, MI 48906
$125,000 Listing Price
3 Beds
2 Baths
1,392 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1900
- Purchase Price: $125,000
- Open Loans / Balance: 1 / $98,886
- Est. Equity / %: $36,114 / 26.75%
- Gross Yield: 15.893%
- APN: 33-01-01-09-361-111
- Situs County: Ingham
- Length Of Ownership: 1 year, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Porch Type: Yes
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 1,392/SqFt
- Lot: 3,920/SqFt
- Gross: 1,392/SqFt
- Garage: 440/SqFt
- Living: 1,392/SqFt
- Basement: 288/SqFt
- Building: 1,392/SqFt
- Ground: 768/SqFt
- Basement Finished: 288/SqFt
- Garage Unfinished: 440/SqFt
- Price Per Square Foot: $89.80
Legal Description
- Description: W 2 1/2 R OF E 7 R OF S 1/2 LOT 5 & W 2 1/2 R OF E 7 R LOT 6 BLOCK 48 ORIG PLAT
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: 42.742382 / -84.55741
- Subdivision: Orig Plat
- Property Class: Residential
- County Use Code: 401
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5025
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Forced air unit
Ownership Info
406 W Madison St has no associated ownership info
406 W Madison St has no associated ownership info.
Taxes
406 W Madison St has 10 associated Taxes items
406 W Madison St, 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 $71,700. The APN we've located for 406 W Madison St is 33-01-01-09-361-111.
Unlock the full reportTaxes
Tax History
406 W Madison St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $71,700 | Land Value $3,200 | Improvement Value $68,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,543.74 | Change Rate +0.09192% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,245.42 | Change Rate +0.062745% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $45,900 | Land Value $3,200 | Improvement Value $42,700 | Tax Amount $3,053.81 | Change Rate +0.095541% | Assessed CR | Tax Rate +0.066532% |
| Year 2022 | Assessed Value $41,100 | Land Value $3,600 | Improvement Value $37,500 | Tax Amount $2,787.49 | Change Rate +0.023762% | Assessed CR | Tax Rate +0.067822% |
| Year 2021 | Assessed Value $37,500 | Land Value $5,600 | Improvement Value $31,900 | Tax Amount $2,722.79 | Change Rate +0.00702% | Assessed CR | Tax Rate +0.072608% |
| Year 2020 | Assessed Value $34,100 | Land Value $5,600 | Improvement Value $28,500 | Tax Amount $2,703.81 | Change Rate +0.029889% | Assessed CR | Tax Rate +0.079291% |
| Year 2019 | Assessed Value $32,800 | Land Value $5,600 | Improvement Value $27,200 | Tax Amount $2,625.34 | Change Rate +0.038583% | Assessed CR | Tax Rate +0.080041% |
| Year 2018 | Assessed Value $32,800 | Land Value $5,600 | Improvement Value $27,200 | Tax Amount $2,527.81 | Change Rate +0.024957% | Assessed CR | Tax Rate +0.077067% |
| Year 2017 | Assessed Value $32,800 | Land Value $5,600 | Improvement Value $27,200 | Tax Amount $2,466.26 | Change Rate | Assessed CR | Tax Rate +0.075191% |
| Year 2016 | Assessed Value $32,300 | Land Value $5,600 | Improvement Value $26,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,200 | Land Value $11,183 | Improvement Value $20,017 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $30,800 | Land Value $15,750 | Improvement Value $15,050 | Tax Amount $2,310.32 | Change Rate | Assessed CR | Tax Rate +0.07501% |