Welcome to this charming 3-bedroom, 1.5-bath brick ranch nestled in one of Ypsilanti’s established neighborhoods! Offering timeless curb appeal, a functional layout, and a full basement with endless potential, this home is ready for its next owner to make it their own.
Inside, you’ll find comfortable living spaces, generously sized bedrooms, and the durability and low-maintenance appeal that comes with classic brick construction. Whether you’re looking for extra storage, a workshop, home gym, or future finished living space, the expansive basement provides plenty of flexibility. Conveniently located just minutes from Eastern Michigan University, this home offers quick access to local dining, shopping, parks, and the vibrant shops and restaurants of historic Depot Town. Commuters will appreciate the easy access to I-94, making trips to Ann Arbor, Detroit Metro Airport, and surrounding communities a breeze. The University of Michigan and downtown Ann Arbor are also just a short drive away, giving you the best of both communities. Eastern Michigan University University of Michigan Depot Town. Whether you’re a first-time homebuyer, downsizing, or searching for a smart investment opportunity, this well-located ranch offers comfort, convenience, and outstanding potential. Schedule your private showing today!
For sale
$189,900
507 Madison St, Ypsilanti, MI 48197
3beds
1,760sqft
Single Family Residence
Built in 1970
6,098 Square Feet Lot
$196,400 Zestimate®
$108/sqft
$-- HOA
What's special
- 8 days |
- 1,514 |
- 133 |
Zillow last checked:
Listing updated:
Listed by:
Drew M Cheetwood 248-828-5640,
Social House Real Estate Group LLC 313-784-9879
Source: Realcomp II,MLS#: 20261050293
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 121
- Dimensions: 11 X 11
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 11 X 9
Bedroom
- Level: Entry
- Area: 88
- Dimensions: 11 X 8
Other
- Level: Entry
Other
- Level: Basement
Kitchen
- Level: Entry
- Area: 63
- Dimensions: 9 X 7
Laundry
- Level: Basement
- Area: 70
- Dimensions: 10 X 7
Living room
- Level: Entry
- Area: 210
- Dimensions: 15 X 14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Washer
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,760 sqft
- Finished area above ground: 960
- Finished area below ground: 800
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 122
Details
- Parcel number: 111137151005
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: PARK RIDGE
HOA
- Has HOA: No
Location
- Region: Ypsilanti
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $63,704
- Annual tax amount: $4,785
- Date on market: 7/6/2026
- Cumulative days on market: 8 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
Zestimate®
$196,400
Estimated sales range
$181,000 - $212,000
Rent Zestimate®
$1,392/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $189,900+17.2%$108/sqft |
Source: | ||
| 2/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/17/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2022 | Sold | $162,000-1.8%$92/sqft |
Source: | ||
| 11/3/2022 | Pending sale | $165,000$94/sqft |
Source: | ||
| 10/22/2022 | Contingent | $165,000$94/sqft |
Source: | ||
| 10/11/2022 | Listed for sale | $165,000$94/sqft |
Source: | ||
| 10/10/2022 | Listing removed | -- |
Source: | ||
| 10/3/2022 | Price change | $165,000-2.9%$94/sqft |
Source: | ||
| 9/6/2022 | Pending sale | $170,000$97/sqft |
Source: | ||
| 8/16/2022 | Contingent | $170,000$97/sqft |
Source: | ||
| 7/28/2022 | Price change | $170,000-5.5%$97/sqft |
Source: | ||
| 7/15/2022 | Listed for sale | $179,900+386.2%$102/sqft |
Source: | ||
| 6/25/2014 | Sold | $37,000-7.5%$21/sqft |
Source: Public Record Report a problem | ||
| 3/18/2014 | Listed for sale | $40,000-51.6%$23/sqft |
Source: Ann Arbor Market Center, Inc. #3220065 Report a problem | ||
| 12/20/2013 | Sold | $82,666-29.9%$47/sqft |
Source: Public Record Report a problem | ||
| 10/27/2006 | Sold | $118,000+51.3%$67/sqft |
Source: Public Record Report a problem | ||
| 9/6/2006 | Sold | $78,000-12.7%$44/sqft |
Source: Public Record Report a problem | ||
| 5/27/2005 | Sold | $89,352-10.6%$51/sqft |
Source: Public Record Report a problem | ||
| 5/24/2004 | Sold | $100,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,794 | $70,100 +3.5% |
| 2024 | -- | $67,700 +18.2% |
| 2023 | -- | $57,300 +12.1% |
| 2022 | -- | $51,100 +15.3% |
| 2021 | -- | $44,300 +18.8% |
| 2020 | $2,509 | $37,300 +15.5% |
| 2019 | -- | $32,300 +9.5% |
| 2018 | -- | $29,500 +5.4% |
| 2017 | $1,905 | $28,000 +0.4% |
| 2016 | $1,905 | $27,883 +0.3% |
| 2015 | -- | $27,800 -2.5% |
| 2014 | -- | $28,500 |
| 2013 | -- | $28,500 -8.4% |
| 2012 | -- | $31,100 -9.6% |
| 2011 | -- | $34,400 -12.9% |
| 2010 | -- | $39,500 -2.2% |
| 2009 | -- | $40,400 -20.5% |
| 2008 | -- | $50,800 -5.8% |
| 2007 | -- | $53,900 +1.7% |
| 2005 | -- | $53,000 +11.1% |
| 2004 | -- | $47,700 +3% |
| 2003 | -- | $46,300 +37.8% |
| 2002 | $1,427 +24.2% | $33,600 |
| 2001 | $1,149 -58.2% | $33,600 +10.2% |
| 2000 | $2,746 +852.5% | $30,500 +4.5% |
| 1999 | $288 | $29,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: Heritage Park
Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.2 mi
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 1.4 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.7 mi
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- Michigan
- Washtenaw County
- Ypsilanti
- 48197
- Heritage Park
- 507 Madison St