Active

$299,900

221 S Madison St, Adrian, MI 49221

5beds

2,096sqft

$2,403/mo

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Single Family Residence

Built in 1984

7,405 Square Feet Lot

$-- Zestimate^®

$143/sqft

$-- HOA

What's special

Located directly across from Adrian College's central campus, the newly renovated 221 S. Madison Street offers a rare opportunity as either a charming single-family home with potential or an outstanding investment property. Just steps from campus and minutes from downtown Adrian, the home features spacious living areas, five generous bedrooms, private yard, garage, off-street parking, and exceptional rental potential in one of the city's most sought-after locations.

68 days
419
31

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 3

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Flooring: Carpet, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,196
Total interior livable area: 2,096 sqft
Finished area below ground: 900

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front, Attached
Garage spaces: 2

Features

Stories: 1

Lot

Size: 7,405 Square Feet
Dimensions: 65' x 136'
Features: Corner Lot, Sidewalk

Details

Parcel number: XA0415004904

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Adrian

Financial & listing details

Price per square foot: $143/sqft
Tax assessed value: $78,198
Annual tax amount: $4,944
Date on market: 8/5/2026
Listing terms: Other,Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/5/2026	Listed for sale	$299,900+88.6%$143/sqft
Source: MichRIC #26039211 Report a problem
1/14/2021	Listing removed	--
Source: Realcomp II Report a problem
1/13/2021	Contingent	$159,000$76/sqft
Source: Realcomp II #543275871 Report a problem
1/13/2021	Pending sale	$159,000$76/sqft
Source: Real Estate One #543275871 Report a problem
1/13/2021	Listed for sale	$159,000+4.6%$76/sqft
Source: Real Estate One #543275871 Report a problem
11/25/2020	Sold	$152,000-4.4%$73/sqft
Source: MichRIC #52001 Report a problem
9/26/2020	Price change	$159,000-6.4%$76/sqft
Source: Real Estate One #3275834 Report a problem
8/31/2020	Price change	$169,900-2.9%$81/sqft
Source: Real Estate One #3275834 Report a problem
8/23/2020	Listed for sale	$174,900+34.5%$83/sqft
Source: Real Estate One #3275834 Report a problem
6/27/2017	Sold	$130,000+62.7%$62/sqft
Source: Public Record Report a problem
9/30/2013	Sold	$79,900$38/sqft
Source: MiRealSource #20359457 Report a problem
8/6/2013	Sold	$79,900-2.6%$38/sqft
Source: Agent Provided Report a problem
6/20/2013	Listed for sale	$82,000$39/sqft
Source: Goedert Real Estate #20008326 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,165 -3.9%	$88,789 +7.6%
2024	$3,293 +12.9%	$82,487 +5.9%
2023	$2,917	$77,910 +7.5%
2022	--	$72,458 +10.6%
2021	$3,568	$65,534 +8.5%
2020	$3,568 +1.2%	$60,423 +5.3%
2019	$3,526	$57,400 -14.4%
2018	--	$67,095 +24.8%
2017	$1,252	$53,779 +8.8%
2016	--	$49,444 +16.3%
2014	--	$42,500 -6%
2012	--	$45,200
2011	--	$45,200 -16.1%
2010	--	$53,900 -15.4%
2009	--	$63,700 -6.9%
2008	--	$68,400 -1.9%
2006	--	$69,700
2005	--	$69,700 +4%
2004	$1,771	$67,000 +12.4%
2002	--	$59,600 +10.2%
2001	--	$54,100
2000	--	$54,100