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1040 Main St

Grand Ledge, MI 48837

3 bd 3 ba 2,640 sqft Built 1980 Lot 128,502 sqft single_family
Most recent sale
$399,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $399,000 MLS #265619
Jun 5, 2022 Listed $389,000 MLS #265619

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $136,300 $3,012
2020 $131,900 $4,246
2019 $125,600 $4,001
2018 $114,300 $3,785
2017 $115,800 $3,708
2016 $112,800 $2,716
2015 $112,300 $2,729
2013 $108,500 $3,493
2012 $107,900 $3,359
2010 $112,500 $2,982
2009 $118,650 $2,962
2008 $124,820 $2,810
2007 $121,430 $2,760

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,640 sqft
Lot size
128,502 sqft
ZIP code
48837
City
Grand Ledge
Street
Main St
Coordinates
42.76299, -84.75679

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,960
Gross rental yield
11.91%
Implied cap rate
7.74%
Trend-extrapolated value

Frequently asked questions

When did 1040 Main St last sell?
1040 Main St most recently sold on Jul 15, 2022 for $399,000.
What is the current tax assessment for 1040 Main St?
The most recent total assessment for 1040 Main St (year 2021) is $136,300 with $3,012 in property tax.
How does 1040 Main St's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $399,000.
When was 1040 Main St built?
1040 Main St was built in 1980.
How does 1040 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 1040 Main St?
1040 Main St is a 3 bed, 3 bath, 2,640 sqft, 128,502 sqft lot single_family.
Is 1040 Main St a flip candidate?
No — 1040 Main St does not appear in our flips dataset.
Is 1040 Main St a tax-appeal candidate?
No — 1040 Main St 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$363.6K
2026 Q4
$369.7K
ZIP 48837 — Median Price History + Forecast

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