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508 W Madison St; Lansing, MI Property Details

508 W Madison St, Lansing, MI is a Single Family that was built in 1915. This property is currently a cash purchase and is not for sale. Our records show that 508 W Madison St has 1 bathroom, and a total of 2,352 square feet. The lot size of 508 W Madison St is 3,920 square feet.

Off market
508 W Madison St Lansing, MI 48906
$97,300 Estimated Value
1 Baths
2,352 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1915
  • Purchase Price: $4,157
  • Open Loans / Balance: 1 / $26,002
  • Est. Equity / %: $143,998 / 84.7%
  • Gross Yield: 13.835%
  • APN: 33-01-01-09-360-121
  • Situs County: Ingham
  • Length Of Ownership: 14 years, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

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: 2,352/SqFt
  • Lot: 3,920/SqFt
  • Gross: 2,352/SqFt
  • Living: 2,352/SqFt
  • Basement: 1,176/SqFt
  • Building: 2,352/SqFt
  • Ground: 1,176/SqFt
  • Basement Unfinished: 1,176/SqFt
  • Price Per Square Foot: $1.77

Legal Description

  • Description: S 88 FT OF E 42.5 FT OF W 5 R LOTS 5 & 6 BLOCK E SUB OF BLOCKS 26 & 27 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: 42.7424 / -84.558975
  • Subdivision: Block E Sub
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5027
  • Heating: Forced air unit

Ownership Info

508 W Madison St has no associated ownership info
508 W Madison St has no associated ownership info.

Taxes

508 W Madison St has 10 associated Taxes items

508 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 $97,300. The APN we've located for 508 W Madison St is 33-01-01-09-360-121.

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Taxes
  • Assessed Value:  $97,300
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-09-360-121
  • Assessed Land Value:  3100
  • Market Land Value:  6200
  • Tax Amount:  3293.42
  • Tax Year:  2025
  • Market Value:  194600
  • Market Year:  2026

Tax History

508 W Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $97,300 Land Value $3,100 Improvement Value $94,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,293.42 Change Rate +0.030421% Assessed CR Tax Rate
Year 2024 Assessed Value $81,700 Land Value $3,100 Improvement Value $78,600 Tax Amount $3,196.19 Change Rate +0.066634% Assessed CR Tax Rate +0.039121%
Year 2023 Assessed Value $65,600 Land Value $3,100 Improvement Value $62,500 Tax Amount $2,996.52 Change Rate +0.10944% Assessed CR Tax Rate +0.045679%
Year 2022 Assessed Value $58,500 Land Value $3,500 Improvement Value $55,000 Tax Amount $2,700.93 Change Rate +0.021203% Assessed CR Tax Rate +0.04617%
Year 2021 Assessed Value $52,600 Land Value $5,400 Improvement Value $47,200 Tax Amount $2,644.85 Change Rate -0.443506% Assessed CR Tax Rate +0.050282%
Year 2020 Assessed Value $47,300 Land Value $5,400 Improvement Value $41,900 Tax Amount $4,752.7 Change Rate +0.072135% Assessed CR Tax Rate +0.10048%
Year 2019 Assessed Value $45,200 Land Value $5,400 Improvement Value $39,800 Tax Amount $4,432.93 Change Rate +0.062548% Assessed CR Tax Rate +0.098074%
Year 2018 Assessed Value $41,700 Land Value $5,400 Improvement Value $36,300 Tax Amount $4,171.98 Change Rate +0.018868% Assessed CR Tax Rate +0.100047%
Year 2017 Assessed Value $41,700 Land Value $5,400 Improvement Value $36,300 Tax Amount $4,094.72 Change Rate Assessed CR Tax Rate +0.098195%
Year 2016 Assessed Value $41,000 Land Value $5,400 Improvement Value $35,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $39,600 Land Value $10,863 Improvement Value $28,737 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,400 Land Value $15,750 Improvement Value $22,650 Tax Amount $2,161.85 Change Rate Assessed CR Tax Rate +0.056298%