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115 W Madison Ave, New Buffalo, MI, 49117

$199,000

0.87 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #69024010172
Lot Size0.87 Acres
StatusActive

About 115 W Madison Ave

Fantastic commercial location to bring your dream to New Buffalo! This rare .87-acre parcel offers a host of opportunities for development. Build a residential structure in a zone that allows short-term rental. Or bring your business to life in a dynamic and growing Lake Michigan community. Zoned General Commercial, permitted uses include residential, automotive, office, restaurant/pub, retail, personal services, recreation/hospitality. Situated less than a mile from downtown New Buffalo's beach, shops and restaurants with easy access to I-94.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (269) 469-3950
  • Listing Agent: ChooseChad Team

Lot Features

Lot Information:

  • Lot Size: 0.87 Acres

School Info

Assigned Schools Information:

  • New Buffalo Senior High School, Public District Grades 9-12
  • New Buffalo Middle School, Public District Grades 6-8
  • New Buffalo Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I94 exit 1 Harbor Country Drive turns into Whittaker to Madison to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $815
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Buffalo, MI.

Med. Sold Price

$577.5K

Med. Price/SqFt

$376

Avg. Days On Market

69

# of Sold Homes

11

115 W Madison Ave vs New Buffalo

57 DAYS ON ROCKET

-12 Days

$199,000

-$378.5K Less

KEY TAKEAWAY

This property is $378.5K less than the Median Sold Price in New Buffalo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southwestern Michigan Association of REALTORS®
  • MLS Number: #69024010172

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (269) 469-3950
  • Listing Agent: ChooseChad Team

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$815$51,800
2020$805$51,800
2019$786$50,000

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2482556
9
/10
  • New Buffalo Elementary School

  • 12291 Lubke Rd

  • 0.95 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2482557
8
/10
  • New Buffalo Middle School

  • 1112 E Clay St

  • 0.88 miles

  • Public District Grades 6-8

High School

school-card-donut-2482558
6
/10
  • New Buffalo Senior High School

  • 1112 E Clay St

  • 0.88 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,762. Residents of New Buffalo, MI typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 115 W Madison Ave

What is the listing price of this property?

The listing price of 115 W Madison Ave property is $199,000.

What type of property is this?

The property 115 W Madison Ave is land located in New Buffalo, Michigan, 49117.

Is this property for sale now?

Active Listing: 115 W Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 115 W Madison Ave are:
New Buffalo Elementary School: GreatSchools Rating 9/10
New Buffalo Middle School: GreatSchools Rating 8/10
New Buffalo Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $815 (source: MLS/based on county public records data).

How much acreage is this property?

The property 115 W Madison Ave is 0.87 acres.
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Rocket HomesMichiganBerrien CountyNew Buffalo49117115 W Madison Ave

This home is located at 115 W Madison Ave in New Buffalo, MI and zip code 49117. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $199,000.

Over 1 listings were sold over their listed price in March 2024 in New Buffalo, MI. In the same period over 5 listings were sold below the listed price and 5 listings were sold for the listed price. In March 2024 in New Buffalo, MI there were 30.2% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $577,500, while the average time on the real estate market was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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