2 months on rocket

17345 Indiana St, Detroit, MI, 48221

$189,900

Home List Price

$2,255*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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17345 Indiana St, Detroit$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1928
HeatingForced Air, Natural Gas
BasementYes
MLS #24010794
Lot Size0.11 Acres
StatusActive

About 17345 Indiana St

Located in the Bagley District, 17345 and 17347 Indiana offers a compelling opportunity for potential buyers and investors. This newly renovated, move-in ready property features 2 well-designed 2-bedroom 1-bath units, one on each the upper and lower level. With a projected rental rate of $1,250 per unit per month, this multi-family home promises a strong and consistent cash flow, maximizing return on investment. Additionally, the Bagley District is known for its historic charm and proximity to amenities, making this property even more appealing for those seeking to capitalize on Detroit's real estate market. This property qualifies for the down payment assistance program as well as the NEZ tax program. Don't miss out on the opportunity to make 17345 and 17347 Indiana yours! BTVAI

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Sean Konja

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: North of W McNichols / East of Wyoming

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900

Tax Information:

  • Annual Amount: $2,862
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

17345 Indiana St vs Detroit

64 DAYS ON ROCKET

+19 Days

$189,900

+$108.8K More

KEY TAKEAWAY

This property is $108.8K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24010794

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover, Sean Konja

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2024, 4:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2021Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,862$37,700
2020$1,863$31,100
2018$1,863$20,800
2017$1,854$19,100

History based on county public records data.

Payment Calculator

$1,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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.

Nearby Schools

school-card-donut-9405694
5
/10

  • Rutherford Winans Academy

  • 16411 Curtis St

  • 2.62 miles

  • Public Charter Grades PK-5

school-card-donut-9405695
2
/10

  • Einstein Elementary School

  • 14001 Northend Ave

  • 2.66 miles

  • Public District Grades PK-6

school-card-donut-9405696
3
/10

  • Key Elementary School

  • 23400 Jerome St

  • 3.08 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,780. The majority of Detroit, MI residents have income between $35k-100k annually. Most 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

Rocket Homes›Michigan›Wayne County›Detroit›48221›17345 Indiana St

This home is located at 17345 Indiana St in Detroit, MI and zip code 48221 in the Bagley neighborhood. This home, which was built in 1928, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $189,900.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. The inventory of homes for sale in Detroit, MI between March 2024 and April 2024 increased by 12.7%. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.

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

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