NOT LISTED FOR SALE

216 W Madison St Lansing, MI 48906

Old Town Neighborhood

Estimated Value: $133,000 - $193,000

Studio
1 Bath
1,782 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2020

Last sale price $66,300 $37 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,254 / mo

333 Days on Market

About This Home

As of October 2020

Good rental units - always occupied - 1 block from LCC. New roof, new windows & newer siding.

Last Agent to Sell the Property

Nancy Logan

Berkshire Hathaway HomeServices License #6501273880 Listed on: 08/04/2020

Berkshire Hathaway HomeServices

Last Buyer's Agent

Tyler Coleman-Dittrich

Berkshire Hathaway HomeServices License #6501420973

Berkshire Hathaway HomeServices

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 55x132

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Michigan Basement
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage
  • Gravel Driveway
  • Dirt Driveway

Utilities

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

Listing and Financial Details

  • Total Actual Rent $12,600

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $65
  • Other Expense $1,133
  • Water Sewer Expense $1,504
  • New Taxes Expense $2,318

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1889
  • Above Grade Finished Sq Ft: 1782.0
  • General Property Info:Lot Size Dimensions: 55X132
  • General Property Info:Above Grade Finished Area: 1782.0
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Exterior Entry, Michigan
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Basement:Michigan: Yes
  • Levels:Two2: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Dirt, Gravel, No Garage, Joint
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Dirt3: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3-4
  • Parking Features:Joint: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size: 55X132
  • Lot Size Sq Ft: 7274.52
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Rental Info

  • Unit Information:_pound_ Deposits: 2
  • Unit Information:_pound_ Written Leases: 2

Tax Info

  • Tax Info:Taxable Value: 29149.0
  • Tax Info:State Eq Value: 37500.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 12, 2020
Sold by
Bought by
Seller's Agent
Nancy Logan
Berkshire Hathaway HomeServices
Buyer's Agent
Tyler Coleman-Dittrich
Berkshire Hathaway HomeServices
List Price
$79,900
Sold Price
$66,300
Premium/Discount to List
-$13,600
-17.02%
Current Estimated Value
$161,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,521
Avg. Annual Appreciation
16.48%
Original Mortgage
$77,000
Outstanding Balance
$67,079
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,742
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, MI

  • Jessica Aker Real Estate Agent - Aker & Company Real Estate Agency

    Jessica Aker

    Aker & Company Real Estate Agency

    (517) 995-8449

    13 Total Sales

    1 in Old Town

    $145,560 Price

    Jessica Aker
     Section Image
  • Senada Pargan Real Estate Agent - Century 21 Affiliated

    Senada Pargan

    Century 21 Affiliated

    (517) 997-0766

    24 Total Sales

    1 in Old Town

    $136,350 Price

    Senada Pargan
     Section Image
  • Brian Kasper Real Estate Agent - Century 21 Affiliated

    Brian Kasper

    Century 21 Affiliated

    (517) 816-9249

    352 Total Sales

    1 in Old Town

    $725,000 Price

    Brian Kasper
     Section Image
  • Christina K. Tamburino Real Estate Agent - Tamburino Real Estate

    Christina K. Tamburino

    Responds Quickly

    Tamburino Real Estate

    (517) 325-5854

    126 Total Sales

    2 in Old Town

    $37K - $85K Price Range

    Christina K. Tamburino
     Section Image
  • David Hall Real Estate Agent - Achieve Real Estate LLC

    David Hall

    Achieve Real Estate LLC

    (517) 481-4093

    124 Total Sales

    3 in Old Town

    $40K - $154K Price Range

    David Hall
     Section Image
  • Thomas Barrett Real Estate Agent - Keller Williams Realty Lansing

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 777-0896

    157 Total Sales

    4 in Old Town

    $40K - $65K Price Range

    Thomas Barrett
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$66,300 Title Resource Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $77,000
Closed $52,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $66,300 -11.5% $37 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $74,900 -6.3% $42 / Sq Ft
09/27/2019 09/27/19 For Sale $79,900 -- $45 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,363 $78,500 $4,900 $73,600
2025 $3,552 $73,400 $4,900 $68,500
2024 $34 $66,700 $4,900 $61,800
2023 $3,990 $54,100 $4,900 $49,200
2022 $3,647 $48,800 $5,600 $43,200
2021 $3,563 $43,300 $6,200 $37,100
2020 $2,531 $39,100 $6,200 $32,900
2019 $2,439 $37,500 $6,200 $31,300
2018 $2,318 $34,400 $6,200 $28,200
2017 $2,228 $34,400 $6,200 $28,200
2016 $3,899 $33,800 $6,200 $27,600
2015 $3,899 $32,700 $12,343 $20,357
2014 $3,899 $31,600 $15,750 $15,850
Source: Public Records

Agents Affiliated with this Home

  • Nancy Logan Real Estate Agent - Berkshire Hathaway HomeServices

    Seller's Agent in 2020

    Nancy Logan

    Berkshire Hathaway HomeServices

    (517) 290-2521

    16 Total Sales

    Nancy Logan
    Section Image
  • Tyler Coleman-Dittrich Real Estate Agent - Berkshire Hathaway HomeServices

    Buyer's Agent in 2020

    Tyler Coleman-Dittrich

    Berkshire Hathaway HomeServices

    (810) 391-4259

    39 Total Sales

    Tyler Coleman-Dittrich
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 241284

Greater Lansing Association of Realtors®

APN: 01-01-09-380-101

Michigan Ingham County Lansing 48906 Old Town

216 W Madison St, Lansing, MI

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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2026 Greater Lansing Association of REALTORS®

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