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524 W Madison St; Lansing, MI Property Details

524 W Madison St, Lansing, MI is a Single Family that was built in 1880. This property is currently a cash purchase and is not for sale. Our records show that 524 W Madison St has 1.5 bathrooms, and a total of 1,679 square feet. The lot size of 524 W Madison St is 6,098 square feet.

Off market
524 W Madison St Lansing, MI 48906
$74,200 Estimated Value
1.5 Baths
1,679 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1880
  • Purchase Price: $42,000
  • Est. Equity / %: $137,000 / 100%
  • Gross Yield: 15.364%
  • APN: 33-01-01-09-360-091
  • Situs County: Ingham
  • Length Of Ownership: 15 years, 5 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,679/SqFt
  • Lot: 6,098/SqFt
  • Gross: 1,679/SqFt
  • Living: 1,679/SqFt
  • Basement: 600/SqFt
  • Building: 1,679/SqFt
  • Ground: 1,079/SqFt
  • Basement Unfinished: 600/SqFt
  • Price Per Square Foot: $25.01

Legal Description

  • Description: E 45 FT OF W 90 FT LOTS 7 & 8 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: 42.742466 / -84.55957
  • 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

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

Taxes

524 W Madison St has 10 associated Taxes items

524 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 $74,200. The APN we've located for 524 W Madison St is 33-01-01-09-360-091.

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Taxes
  • Assessed Value:  $74,200
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-09-360-091
  • Assessed Land Value:  4000
  • Market Land Value:  8000
  • Tax Amount:  3339.41
  • Tax Year:  2025
  • Market Value:  148400
  • Market Year:  2026

Tax History

524 W Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $74,200 Land Value $4,000 Improvement Value $70,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,339.41 Change Rate +0.029084% Assessed CR Tax Rate
Year 2024 Assessed Value $62,000 Land Value $4,000 Improvement Value $58,000 Tax Amount $3,245.03 Change Rate +0.061185% Assessed CR Tax Rate +0.052339%
Year 2023 Assessed Value $50,200 Land Value $4,000 Improvement Value $46,200 Tax Amount $3,057.93 Change Rate +0.092442% Assessed CR Tax Rate +0.060915%
Year 2022 Assessed Value $45,100 Land Value $4,500 Improvement Value $40,600 Tax Amount $2,799.17 Change Rate +0.023466% Assessed CR Tax Rate +0.062066%
Year 2021 Assessed Value $41,400 Land Value $7,000 Improvement Value $34,400 Tax Amount $2,734.99 Change Rate -0.444014% Assessed CR Tax Rate +0.066063%
Year 2020 Assessed Value $37,900 Land Value $7,000 Improvement Value $30,900 Tax Amount $4,919.17 Change Rate +0.874634% Assessed CR Tax Rate +0.129793%
Year 2019 Assessed Value $36,400 Land Value $7,000 Improvement Value $29,400 Tax Amount $2,624.07 Change Rate -0.349612% Assessed CR Tax Rate +0.07209%
Year 2018 Assessed Value $35,400 Land Value $7,000 Improvement Value $28,400 Tax Amount $4,034.62 Change Rate -0.090528% Assessed CR Tax Rate +0.113972%
Year 2017 Assessed Value $35,400 Land Value $7,000 Improvement Value $28,400 Tax Amount $4,436.22 Change Rate Assessed CR Tax Rate +0.125317%
Year 2016 Assessed Value $34,800 Land Value $7,000 Improvement Value $27,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $33,700 Land Value $14,087 Improvement Value $19,613 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,700 Land Value $15,750 Improvement Value $15,950 Tax Amount $4,287.3 Change Rate Assessed CR Tax Rate +0.135246%