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406 W Madison St; Lansing, MI Property Details

406 W Madison St, Lansing, MI is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 406 W Madison St has 3 bedrooms, and 2 bathrooms, and a total of 1,392 square feet. The lot size of 406 W Madison St is 3,920 square feet.

Off market
406 W Madison St Lansing, MI 48906
$125,000 Listing Price
3 Beds
2 Baths
1,392 SqFt
Property 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.

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Taxes
  • 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

Tax History

406 W Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%