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506 E Sheridan Rd; Lansing, MI Property Details

506 E Sheridan Rd, Lansing, MI is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 506 E Sheridan Rd has 3 bedrooms, and 1 bathroom, and a total of 1,161 square feet. The lot size of 506 E Sheridan Rd is 17,424 square feet.

Off market
506 E Sheridan Rd Lansing, MI 48906
$46,500 Listing Price
3 Beds
1 Baths
1,161 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $46,500
  • Est. Equity / %: $144,000 / 100%
  • Gross Yield: 14.25%
  • APN: 33-01-01-04-227-191
  • Situs County: Ingham
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Linoleum
  • 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: 1,161/SqFt
  • Lot: 17,424/SqFt
  • Gross: 1,161/SqFt
  • Garage: 288/SqFt
  • Living: 1,161/SqFt
  • Basement: 576/SqFt
  • Building: 1,161/SqFt
  • Ground: 576/SqFt
  • Basement Finished: 576/SqFt
  • Garage Unfinished: 288/SqFt
  • Price Per Square Foot: $40.05

Legal Description

  • Description: LOT 18 SUPERVISORS PLAT OF SCHWORERS BLOOMFIELD FARMS
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: 42.76952 / -84.545685
  • Subdivision: Schworers Bloomfield Farms
  • Property Class: Residential
  • Zoning: A-1 RES
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3257
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

506 E Sheridan Rd has no associated ownership info
506 E Sheridan Rd has no associated ownership info.

Taxes

506 E Sheridan Rd has 10 associated Taxes items

506 E Sheridan Rd, 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 $75,400. The APN we've located for 506 E Sheridan Rd is 33-01-01-04-227-191.

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Taxes
  • Assessed Value:  $75,400
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-04-227-191
  • Assessed Land Value:  12300
  • Market Land Value:  24600
  • Tax Amount:  2897.26
  • Tax Year:  2025
  • Market Value:  150800
  • Market Year:  2026

Tax History

506 E Sheridan Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $75,400 Land Value $12,300 Improvement Value $63,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,897.26 Change Rate +0.030236% Assessed CR Tax Rate
Year 2024 Assessed Value $63,900 Land Value $12,300 Improvement Value $51,600 Tax Amount $2,812.23 Change Rate +0.066386% Assessed CR Tax Rate +0.04401%
Year 2023 Assessed Value $58,500 Land Value $12,300 Improvement Value $46,200 Tax Amount $2,637.16 Change Rate +0.108912% Assessed CR Tax Rate +0.04508%
Year 2022 Assessed Value $51,700 Land Value $11,000 Improvement Value $40,700 Tax Amount $2,378.15 Change Rate +0.021182% Assessed CR Tax Rate +0.045999%
Year 2021 Assessed Value $46,600 Land Value $8,400 Improvement Value $38,200 Tax Amount $2,328.82 Change Rate +0.006222% Assessed CR Tax Rate +0.049975%
Year 2020 Assessed Value $43,700 Land Value $8,400 Improvement Value $35,300 Tax Amount $2,314.42 Change Rate +0.043396% Assessed CR Tax Rate +0.052962%
Year 2019 Assessed Value $39,500 Land Value $8,400 Improvement Value $31,100 Tax Amount $2,218.16 Change Rate +0.089528% Assessed CR Tax Rate +0.056156%
Year 2018 Assessed Value $36,400 Land Value $8,400 Improvement Value $28,000 Tax Amount $2,035.89 Change Rate +0.02648% Assessed CR Tax Rate +0.055931%
Year 2017 Assessed Value $36,400 Land Value $8,400 Improvement Value $28,000 Tax Amount $1,983.37 Change Rate Assessed CR Tax Rate +0.054488%
Year 2016 Assessed Value $35,800 Land Value $8,400 Improvement Value $27,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $34,700 Land Value $16,787 Improvement Value $17,913 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,600 Land Value $20,564 Improvement Value $13,036 Tax Amount $1,903.43 Change Rate Assessed CR Tax Rate +0.05665%