NOT LISTED FOR SALE

432 E Main St Unit A/B Ionia, MI 48846

Ionia Area

Estimated Value: $174,000 - $251,000

4 Beds
2 Baths
-- Sq Ft
6,621 Sq Ft Lot

Sale Details

Date Sold: May 30, 2025

Last sale price $220,000

Est. 3% decrease in value since last sale

Current estimated payment $1,413 / mo

38 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of May 2025

Let's all welcome this exceptional investment property or perfect owner occupied duplex opportunity to the market. Located off the red brick roads in downtown Ionia. Nice walking paths just across the street. 1 bedroom, 1 bathroom downstairs, rents for $900/month, currently vacant and move in ready. 2 bedrooms, 1 bathroom upstairs. Currently rented for $1200/month. Separate utilities. Washer and dryer in both units. This multifamily property has been well maintained, is very clean and updated with new windows, new front common area in the entryway, new shutters, new furnace, new water heater, and new upper and lower decks and stairs. Upstairs is currently rented out by wonderful tenants, with the lower unit move in ready. Available for showings today! Tenant rights apply.

Last Agent to Sell the Property

Olivia Abram

Century 21 Affiliated (GR) License #6501414491 Listed on: 03/20/2025

Century 21 Affiliated (GR)

Last Buyer's Agent

Lewis Smalligan

Tall Tree Realty and Property Management LLC License #6504428123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1920

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,767

Year Built

Built in 1920

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 106.64
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-1
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 2766.77
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 225000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R-1

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2766.77
  • Tax Year: 2020

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
Mar 20, 2025
Closed on
May 30, 2025
Sold by
Bought by
Seller's Agent
Olivia Abram
Century 21 Affiliated (GR)
Buyer's Agent
Lewis Smalligan
Tall Tree Realty and Property Management LLC
List Price
$249,021
Sold Price
$220,000
Premium/Discount to List
-$29,021
-11.65%
Views
31
Current Estimated Value
$213,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,452
Avg. Annual Appreciation
-2.56%

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 23, 2020
Sold by
Bought by
Seller's Agent
Justin Moorehead
Keller Williams GR North
Buyer's Agent
Justin Moorehead
Five Star Real Estate (Eastown)
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
0.0588%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$220,000 Elevate Title Agcy/Michigan Ll
$100,000 --
-- None Available
$80,000 --
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
Previous Owner $64,000
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 Prior Sale
05/30/2025 05/30/25 Sold $220,000 -2.2% --
04/27/2025 04/27/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $225,000 -1.8% --
04/10/2025 04/10/25 Price Changed $229,021 -4.2% --
03/26/2025 03/26/25 Price Changed $239,021 -4.0% --
03/20/2025 03/20/25 For Sale $249,021 +149.0% --
10/23/2020 10/23/20 Sold $100,000 0.0% -- View Prior Sale
09/11/2020 09/11/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $100,000 +77.0% --
10/02/2015 10/02/15 Sold $56,500 -15.5% -- View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $66,900 -- --
Source: MichRIC

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 $2,879 $70,900 $12,800 $58,100
2025 $2,738 $63,100 $12,000 $51,100
2024 $26 $63,100 $12,000 $51,100
2023 $2,512 $47,900 $8,600 $39,300
2022 $2,559 $42,900 $7,600 $35,300
2021 $2,441 $35,000 $7,600 $27,400
2020 $1,553 $35,000 $7,600 $27,400
2019 $1,388 $34,500 $6,300 $28,200
2018 $1,581 $29,300 $5,600 $23,700
2017 $1,372 $29,300 $5,600 $23,700
2016 $1,388 $25,400 $5,000 $20,400
2015 -- $25,400 $5,000 $20,400
2014 $1,787 $24,100 $6,200 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25010652

MichRIC

APN: 204-210-000-150-00

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