448 Madison St
Adrian, MI 49221
3 bd 2 ba 1,514 sqft Built 1910 Lot 19,602 sqft single_family
Most recent sale
$215,000
Dec 14, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 14, 2023 | Sold | $215,000 | Realcomp |
| Nov 8, 2023 | Price changed | $220,000 | Realcomp |
| Oct 27, 2023 | Price changed | $230,000 | Realcomp |
| Sep 29, 2023 | Listed | $235,000 | Realcomp |
| Sep 24, 2023 | Listing removed | — | Lenawee |
| Jul 27, 2023 | Price changed | $245,900 | Lenawee |
| Jun 23, 2023 | Listed | $250,000 | Lenawee |
| Oct 4, 2022 | Sold | $80,000 | Public Record |
| Oct 3, 2022 | Listing removed | — | Lenawee |
| May 13, 2022 | Relisted | $105,000 | MLS #50062266 |
| May 7, 2022 | Listing removed | — | Lenawee |
| Dec 7, 2021 | Listed | $120,000 | MLS #50062266 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $102,600 | $3,659 |
| 2023 | — | — | $50,400 | $3,302 |
| 2022 | — | — | $46,700 | $1,908 |
| 2021 | — | — | $42,400 | $1,419 |
| 2020 | — | — | $38,800 | $1,851 |
| 2019 | — | — | $37,100 | $1,822 |
| 2018 | — | — | $36,600 | $1,785 |
| 2017 | — | — | $34,700 | $1,734 |
| 2016 | — | — | $31,800 | $1,720 |
| 2015 | — | — | $27,700 | $1,656 |
| 2014 | — | — | $28,500 | $1,661 |
| 2013 | — | — | $28,100 | $3,067 |
| 2012 | — | — | $29,300 | $2,421 |
| 2011 | — | — | $30,900 | $2,034 |
| 2010 | — | — | $37,300 | $1,769 |
| 2009 | — | — | $41,800 | $1,557 |
| 2008 | — | — | $46,700 | $1,246 |
| 2007 | — | — | $49,000 | $1,458 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,514 sqft
Lot size
19,602 sqft
ZIP code
49221
City
Adrian
Street
Madison St
Coordinates
41.89284, -84.05861
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,271
Gross rental yield
12.68%
Implied cap rate
8.24%
Trend-extrapolated value
—
Frequently asked questions
When did 448 Madison St last sell?
448 Madison St most recently sold on Dec 14, 2023 for $215,000.
What is the current tax assessment for 448 Madison St?
The most recent total assessment for 448 Madison St (year 2025) is $102,600 with $3,659 in property tax.
How does 448 Madison St's assessment compare to its last sale price?
The current assessment is 52.3% below the last sale price of $215,000.
When was 448 Madison St built?
448 Madison St was built in 1910.
How does 448 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 448 Madison St?
448 Madison St is a 3 bed, 2 bath, 1,514 sqft, 19,602 sqft lot single_family.
Is 448 Madison St a flip candidate?
Yes — 448 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 448 Madison St a tax-appeal candidate?
No — 448 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$254.6K
2026 Q4
$260.2K
ZIP 49221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St