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408 Michigan Ave

Decatur, MI 49045

1 bd 1 ba 796 sqft Built 1850 Lot 78,408 sqft single_family
Most recent sale
$70,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $70,000 Public Record
May 13, 2022 Sold $70,000 MichRic
Mar 11, 2022 Listed $55,000 MLS #22007762

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $41,200 $552
2020 $37,300 $1,041
2019 $34,400 $970
2018 $33,600 $957
2017 $38,000 $932
2016 $35,000 $916
2015 $27,000 $921
2014 $22,200 $893
2013 $23,200 $892
2012 $27,600 $872
2011 $26,700 $835
2010 $28,300 $822
2009 $35,700 $820
2008 $37,100 $787

Property facts

Year built
1850
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
796 sqft
Lot size
78,408 sqft
ZIP code
49045
City
Decatur
Street
Michigan Ave
Coordinates
42.10942, -85.96370

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Michigan Ave last sell?
408 Michigan Ave most recently sold on May 19, 2022 for $70,000.
What is the current tax assessment for 408 Michigan Ave?
The most recent total assessment for 408 Michigan Ave (year 2021) is $41,200 with $552 in property tax.
How does 408 Michigan Ave's assessment compare to its last sale price?
The current assessment is 41.1% below the last sale price of $70,000.
When was 408 Michigan Ave built?
408 Michigan Ave was built in 1850.
How does 408 Michigan Ave compare to others on Michigan Ave?
We track 2 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 408 Michigan Ave?
408 Michigan Ave is a 1 bed, 1 bath, 796 sqft, 78,408 sqft lot single_family.
Is 408 Michigan Ave a flip candidate?
No — 408 Michigan Ave does not appear in our flips dataset.
Is 408 Michigan Ave a tax-appeal candidate?
No — 408 Michigan Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.4%
Implied 1-yr
-17.5%
2026 Q2
$135.8K
2026 Q3
$135.8K
ZIP 49045 — Median Price History + Forecast

Explore nearby

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