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Active
  • $299,900

    221 S Madison St, Adrian, MI 49221

    5beds
    2,096sqft
    : 
    $2,200/mo
    Get pre-qualified
    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.
    22 days
    |
    622
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Hays 734-531-7770,

    Arbor Lake Management 517-858-9331

    Source: MichRIC,MLS#: 26039211MLS Logo

      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

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49221

        Getting around

        33 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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