For sale

$125,000

420 Elm St, Adrian, MI 49221

3beds

1,630sqft

$1,020/mo

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Single Family Residence

Built in 1890

7,405 Square Feet Lot

$122,900 Zestimate^®

$77/sqft

$-- HOA

What's special

Welcome to 420 Elm! This two-story home offers plenty of potential for buyers looking to make it their own or investors searching for their next project. Inside, you'll find spacious rooms, plenty of natural light, and charming original details throughout. The home features a functional kitchen with ample cabinet space, generously sized bedrooms, and a basement offering additional storage space. Major improvements include a new roof in 2025, including replacement of the flat roof and roof boards, new siding in 2025, a new furnace installed in December 2024, and updated electrical. Renovations to the full bathroom have already been started, with a sink, vanity, and light fixtures included for the new owner to complete the project. Outside, enjoy a spacious yard with mature trees. With some finishing touches and updates, this property has plenty of possibilities.

18 days
850
63

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Entry
Area: 120
Dimensions: 12 X 10

Bedroom

Level: Second
Area: 195
Dimensions: 13 X 15

Bedroom

Level: Second
Area: 132
Dimensions: 12 X 11

Other

Level: Entry
Area: 30
Dimensions: 5 X 6

Other

Level: Entry
Area: 90
Dimensions: 9 X 10

Dining room

Level: Entry
Area: 208
Dimensions: 13 X 16

Kitchen

Level: Entry
Area: 143
Dimensions: 11 X 13

Laundry

Level: Entry
Area: 90
Dimensions: 9 X 10

Living room

Level: Entry
Area: 195
Dimensions: 15 X 13

Loft

Level: Second
Area: 208
Dimensions: 16 X 13

Heating

Forced Air, Natural Gas

Appliances

Laundry: Laundry Room

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,630 sqft
Finished area above ground: 1,630

Property

Parking

Parking features: No Garage

Features

Levels: Two
Stories: 2
Entry location: GroundLevel
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 85 x 85

Details

Parcel number: XA0206000700
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial,Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Crawl Space, Michigan Basement
Roof: Composition

Condition

New construction: No
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: ASSRS 1

HOA

Has HOA: No

Location

Region: Adrian

Financial & listing details

Price per square foot: $77/sqft
Tax assessed value: $46,291
Annual tax amount: $2,184
Date on market: 10/17/2026
Cumulative days on market: 18 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$122,900

$117,000 - $129,000

$1,792/mo

Price history

Date	Event	Price
10/17/2026	Listed for sale	$125,000+58.9%$77/sqft
Source: Realcomp II #20261083956 Report a problem
2/3/2023	Sold	$78,688+0.2%$48/sqft
Source: Realcomp II #56050094665 Report a problem
12/20/2022	Pending sale	$78,500$48/sqft
Source: MiRealSource #50094665 Report a problem
11/23/2022	Contingent	$78,500$48/sqft
Source: MiRealSource #50094665 Report a problem
11/10/2022	Listed for sale	$78,500$48/sqft
Source: MiRealSource #50094665 Report a problem
11/4/2022	Contingent	$78,500$48/sqft
Source: MiRealSource #50094665 Report a problem
10/31/2022	Listed for sale	$78,500+375.8%$48/sqft
Source: MiRealSource #50094665 Report a problem
3/17/2015	Sold	$16,500$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,873 +22.8%	$49,006 +9.9%
2024	$1,525 -12.4%	$44,602 +10.9%
2023	$1,741	$40,224 +10.5%
2022	--	$36,403 +9.8%
2021	$1,679	$33,141 +7.6%
2020	$1,679 +3.1%	$30,814 +10.8%
2019	$1,628	$27,800 -14.9%
2018	--	$32,660 +18.4%
2017	$762	$27,594 +7.6%
2016	--	$25,645 -4%
2014	--	$26,700 -13.9%
2012	--	$31,000
2011	--	$31,000 -13.9%
2010	--	$36,000 -16.1%
2009	--	$42,900 +1.9%
2008	--	$42,100 +17.9%
2006	--	$35,700
2005	--	$35,700 +5%
2004	$751	$34,000 +7.3%
2002	--	$31,700 +16.1%
2001	--	$27,300
2000	--	$27,300