305 Madison, Petoskey, MI, 49770

Location

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305 Madison, Petoskey$269,900

Buyer Closing Credits

$3,205^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingNone

HeatingNatural Gas, Forced Air

CoolingCeiling Fan(s)

BasementYes

MLS #472523

StatusActive

About 305 Madison

Terrific 3 bed/1 bath home centrally located in downtown Petoskey- just 3 blocks from the Little Traverse Bay, McClaren hospital, and Bear River Recreation Area! This property features hard wood floors, spacious kitchen w/island, dining, and living rooms, and a main floor bedroom. Lots of storage inside and an auxiliary shed outside. The exterior has been freshly painted, newer roof and furnace, privacy fencing and a ex-large main floor utility/mudroom. Charming as is, this home has tons of potential!

Property Details

Property Features

Property Information:

Living Area: 1,404 SqFt

Listing Office:

Office Name: Alpine Realty Group
Listing Agent: Tammy Hutchinson

Interior Features

Interior Information:

Appliances: Ceiling Fan(s), Dryer, Range, Refrigerator, Washer
Basement: Yes
Flooring Type: Wood
Interior: Cable, Ceiling Fan(s), Patio

Bedroom and Bathroom Information:

Full Bathrooms: 1
Total Bedroom Count: 3

Exterior Features

Exterior Information:

Exterior: Patio

Parking Information:

Attached Garage: No
Parking: None

Utilities

Utilities Information:

Heating: Natural Gas, Forced Air
Cooling: Ceiling Fan(s)

Other

Directions Information:

Directions: US HWY 131 N to Ingalls, right, then left on Madison to 305 on right.

Price Information

Listing Price Info

Price Summary:

List Price: $269,900
Price Per SqFt: $192/SqFt

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Housing Market Comparison

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

Petoskey, MI

City

Med. Sold Price

$438.3K

Med. Price/SqFt

$231

Avg. Days On Market

# of Sold Homes

305 Madison vs Petoskey

190 DAYS ON ROCKET

+176 Days

$269,900

-$168.4K Less

$192/SqFt

-$39 Less

KEY TAKEAWAY

This property is $168.4K less than the Median Sold Price and $39/SqFt less than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Number: #472523

Listing Office:

Office Name: Alpine Realty Group
Listing Agent: Tammy Hutchinson

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is 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 about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. 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: 4/28/2024, 2:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Total Monthly Payment

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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.

Nearby Schools

/10

Lincoln School
616 Connable Ave
Distance between this listing and this school0.32 miles
Public Magnet Grades KG-5

/10

Central Elementary School
410 State St
Distance between this listing and this school0.46 miles
Public Magnet Grades PK-5

/10

Sheridan School
1415 Howard St
Distance between this listing and this school0.87 miles
Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

38%

<35k

34%

35k-100k

13%

100k-200k

15%

200k+

What level of education do the neighbors have?

Post Secondary: 58%
High School: 31%
Masters: 12%

What types of families live nearby?

49%

Single, No Kids

Single, with Kids

29%

Married, No Kids

15%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 52%
Renters: 48%

How old are people in this area?

11%

<11 yrs old

12-17 yrs old

21%

18-34 yrs old

38%

35-64 yrs old

24%

65+ yrs old

What do the neighbors do for fun?

Figure Skating
PGA/LPGA
Pro Wrestling

Where do the neighbors shop?

Kmart
Stein Mart
Family Dollar

Where do the neighbors go to eat?

Bob Evans
Dominos Pizza
Arbys

What do the neighbors drive?

Buick
Lincoln
Ford

What do the neighbors listen to?

Oldies
News/Talk/Information
New Country

The neighbors living near this home have an average income of $51,471. Residents of Petoskey, MI typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 Madison

What is the listing price of this property?

The listing price of 305 Madison property is $269,900.

What type of property is this?

The property 305 Madison is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 305 Madison is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 305 Madison has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 305 Madison is 1,404 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Emmet County›Petoskey›49770›305 Madison

This home is located at 305 Madison in Petoskey, MI and zip code 49770. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $269,900.

Petoskey, MI housing market in March 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 11 sold below. The inventory of homes for sale in Petoskey, MI between February 2024 and March 2024 increased by 10.8%. While the average time on the market in March 2024 was 14 days, the median list price was $438,316.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 305 Madison

More Resources

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Housing Market Reports in Emmet County