Charming home on corner lot within walking distance of the Ausable River, restaurants, shopping, hospital and schools. Would make an excellent starter home, up north getaway or potential rental. New siding , windows and flooring/ remodeling in 2024. Move in ready Completely painted inside with warm neutral colors that enhance any decor. This two bedroom, one bath home features newer appliances including washer and dryer. The ample backyard offers many possibilities. There are mature apple trees located on one the side of the house. Property includes storage shed. City water and sewer. Home sold as is, cash or conventional mortgage, due to health issues showings are weekends only at this time
For sale by owner
$136,500
301 Madsen St, Grayling, MI 49738
2beds
884sqft
Unknown
Built in 1900
-- sqft lot
$130,500 Zestimate®
$154/sqft
$-- HOA
What's special
Storage shedAmple backyardCorner lot
- 11 days |
- 549 |
- 25 |
Listed by:
Property Owner (231) 492-9042
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Softwood, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 884 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl
Lot
- Size: 7,290 Square Feet
Details
- Parcel number: 07000801003100
Construction
Type & style
- Home type: Unknown
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Community & HOA
Location
- Region: Grayling
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $49,600
- Annual tax amount: $858
- Date on market: 6/28/2026
Estimated market value
$130,500
$119,000 - $142,000
$1,193/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $136,500+10.5%$154/sqft |
Source: Owner Report a problem | ||
| 4/9/2025 | Sold | $123,510+3%$140/sqft |
Source: | ||
| 2/7/2025 | Price change | $119,900-7.7%$136/sqft |
Source: | ||
| 1/12/2025 | Price change | $129,900-7.1%$147/sqft |
Source: | ||
| 12/13/2024 | Listed for sale | $139,900+99.9%$158/sqft |
Source: | ||
| 9/23/2024 | Sold | $70,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $858 +2.6% | $24,800 +13.2% |
| 2024 | $836 +4.9% | $21,900 +13.5% |
| 2023 | $797 | $19,300 +10.9% |
| 2022 | -- | $17,400 +19.2% |
| 2021 | -- | $14,600 +1.4% |
| 2020 | -- | $14,400 +3.6% |
| 2019 | -- | $13,900 +17.8% |
| 2018 | $728 | $11,800 -1.7% |
| 2017 | -- | $12,000 +6.2% |
| 2016 | -- | $11,300 |
| 2015 | -- | $11,300 -2.6% |
| 2014 | -- | $11,600 -8.7% |
| 2013 | -- | $12,700 +3.3% |
| 2012 | -- | $12,300 -0.8% |
| 2011 | -- | $12,400 +8.8% |
| 2010 | -- | $11,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49738
Nearby schools
GreatSchools rating
- 6/10Grayling Elementary - Ausable Primary SchoolGrades: PK-4Distance: 4.6 mi
- 6/10Grayling Middle SchoolGrades: 5-8Distance: 5 mi
- 7/10Grayling High SchoolGrades: 9-12Distance: 5.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Crawford County
- Grayling
- 49738
- 301 Madsen St









