1 month on rocket

5500 E Michigan Ave, Jackson, MI, 49201

$47,500

Home List Price

$564*

Closing Credit

2 Bedrooms
1 Full Bath
864 SqFt
$55/SqFt
House
Schools Nearby

Location

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5500 E Michigan Ave, Jackson$47,500

Buyer Closing Credits

$564*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1930
HeatingNatural Gas, Forced Air
BasementYes
MLS #55024013009
Lot Size1.00 Acres
StatusActive

About 5500 E Michigan Ave

This 1-acre parcel in Leoni Township, Jackson, MI is an incredible opportunity for anyone looking to create their dream living space. The fact that essential utilities like well/water, septic, electric, and gas are already available on the property is a huge advantage, making the process of building or refurbishing much smoother. The proximity to Gilletts Lake, major highways, shopping centers, and restaurants adds even more appeal to the location, offering both convenience and recreational opportunities. Whether you're interested in refurbishing the existing buildings or starting fresh with a brand-new home, the potential for this property is truly promising.If you're ready to take the next step towards shaping your ideal living space, don't hesitate to schedule a personal showing

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1930
  • Stories: 1
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: EXIT REALTY 1ST LLC
  • Office Phone: (517) 796-9300
  • Listing Agent: Mary Jane Whitson

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Michigan Center Jr/Sr High School, Public District Grades 7-12
  • Keicher Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: Just West of Donnely Rd and East of Ambs Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $47,500
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $1,030
  • Tax Year: 2021
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Housing Market Comparison

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

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Jackson, MI

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$130

Avg. Days On Market

66

# of Sold Homes

77

5500 E Michigan Ave vs Jackson

39 DAYS ON ROCKET

-27 Days

$47,500

-$127.4K Less

$55/SqFt

-$75 Less

KEY TAKEAWAY

This property is $127.4K less than the Median Sold Price and $75/SqFt less than other homes in Jackson, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS®
  • MLS Number: #55024013009

Listing Office:

  • Office Name: EXIT REALTY 1ST LLC
  • Office Phone: (517) 796-9300
  • Listing Agent: Mary Jane Whitson

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: 4/27/2024, 7:25:19 AM 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$1,030$32,303
2020$981$29,590
2019$935$34,477
2018$916$20,313
2017$916$20,417

History based on county public records data.

Payment Calculator

$305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$209

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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.

Elementary School

school-card-donut-1078413
4
/10

  • Keicher Elementary School

  • 137 Broad St

  • 1.50 miles

  • Public District Grades 3-6

High School

school-card-donut-1078414
5
/10

  • Michigan Center Jr/Sr High School

  • 400 S State St

  • 2.11 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,419. The most common annual income of people living in Jackson, MI is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 E Michigan Ave

What is the listing price of this property?

The listing price of 5500 E Michigan Ave property is $47,500.

What type of property is this?

The property 5500 E Michigan Ave is a house located in Jackson, Michigan, 49201.

Is this property for sale now?

Active Listing: 5500 E Michigan 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 5500 E Michigan Ave are:
Keicher Elementary School: GreatSchools Rating 4/10
Michigan Center Jr/Sr High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,030 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5500 E Michigan Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5500 E Michigan Ave is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 E Michigan Ave is 1930.

Rocket Homes›Michigan›Jackson County›Jackson›49201›5500 E Michigan Ave

This home is located at 5500 E Michigan Ave in Jackson, MI and zip code 49201. This 864 square foot home, which was built in 1930, sits on a 1.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $47,500.

While more than 19 listings in Jackson, MI in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 35 were sold below. The number of listings in Jackson, MI increased by 2% between February 2024 and March 2024. In March 2024 median list price was $174,976 and the average listing age was 66 days.

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

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