NOT LISTED FOR SALE

15877 Indiana St Detroit, MI 48238

Fitzgerald Neighborhood

Estimated Value: $67,000 - $129,000

4 Beds
2 Baths
2,278 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 26, 2025

Last sale price $69,900 $31 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $574/month

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Laundry Facilities
  • Cass Technical High School Rated 10
  • Hot Water Heating System
  • 2-minute walk to Huntington Community Park

About This Home

As of March 2025

Great income-generating opportunity in Detroit’s sought-after Fitzgerald/Marygrove area! This solid brick two-family home features a total of 4 bedrooms and 2 bathrooms, with each unit offering 2 bedrooms and 1 bath. The property includes updated windows, two hot water heaters, and two furnaces in good condition, with no electrical, plumbing, or structural concerns. A newer roof adds to its value. The lower unit is currently rented for $1,000 per month on a lease through November, while the upper unit is rented for $500 per month until July. Don’t miss this chance to own a multi-family property in a prime location!. FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed.

Last Agent to Sell the Property

T.J Brisbois

Wise Property Buyers License #6502432631 Listed on: 02/05/2025

Last Buyer's Agent

Brian McMillan

Good Company License #6501456432

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 123.00
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,278 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W16I036051S

Community Details

Overview

  • 2 Units
  • Ruritan Park Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Assessment: 250.00
  • Year Built: 1928
  • State Equalized Value: 45600.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2278
  • Total Sq Ft: 2278
  • Sq Ft Total Bsmt: 1119

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • MF Parking: Assigned
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 123.00
  • Parcel Number: W16I036051S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 1007.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 1097.0000
  • Taxable Value: 10050.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 26, 2025
Sold by
Wise Property Buyers Llc
Bought by
Indiana Holdings Llc
Seller's Agent
T.J Brisbois
Wise Property Buyers
Buyer's Agent
Brian McMillan
Good Company
List Price
$80,000
Sold Price
$69,900
Premium/Discount to List
-$10,100
-12.62%
Views
40
Current Estimated Value
$88,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,713
Avg. Annual Appreciation
105.20%
Original Mortgage
$55,920
Outstanding Balance
$55,825
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$32,788

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 25, 2025
Sold by
Page Renee Cleopatra and Hooper Mildred C
Bought by
Wise Property Buyers Llc
Seller's Agent
T.J Brisbois
Wise Property Buyers
Buyer's Agent
Brian McMillan
Good Company
List Price
$80,000
Sold Price
$69,900
Premium/Discount to List
-$10,100
-12.62%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Outstanding Balance
$55,825
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$32,788

Purchase Details

Closed on
Sep 7, 2016
Sold by
Hooper Mildred C and Hooper Aldred
Bought by
Hooper Mildred C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Indiana Holdings Llc $69,900 None Listed On Document
Wise Property Buyers Llc $40,000 None Listed On Document
Hooper Mildred C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indiana Holdings Llc $55,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $69,900 0.0% $31 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $69,900 -12.6% $31 / Sq Ft
02/05/2025 02/05/25 For Sale $80,000 -- $35 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,007 $45,600 $0 $0
2023 $977 $37,100 $0 $0
2022 $1,037 $28,800 $0 $0
2021 $1,010 $23,200 $0 $0
2020 $1,010 $21,300 $0 $0
2019 $996 $16,100 $0 $0
2018 $882 $12,800 $0 $0
2017 $155 $10,900 $0 $0
2016 $961 $29,800 $0 $0
2015 $950 $9,500 $0 $0
2013 $1,336 $13,358 $0 $0
2010 -- $19,140 $973 $18,167
Source: Public Records

Agents Affiliated with this Home

  • T.J Brisbois

    Seller's Agent in 2025

    T.J Brisbois

    Wise Property Buyers

    (734) 237-9974

    2 in this area

    286 Total Sales

    T.J Brisbois
    Section Image

  • B

    Buyer's Agent in 2025

    Brian McMillan

    Good Company

    (219) 628-0163

    1 in this area

    3 Total Sales

    Brian McMillan
    Section Image
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Map

Source: Realcomp

MLS Number: 20250008110

Realcomp

APN: 16-036051

Michigan Wayne County Detroit 48238 Fitzgerald

15877 Indiana St, Detroit, MI

This home is located at 15877 Indiana St, Detroit, MI 48238 since 05 February 2025 and is currently estimated at $88,613, approximately $38 per square foot. This property was built in 1928. 15877 Indiana St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Mary McLeod Bethune Elementary/Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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