$299,900
Adrian, MI 49221
MLS# 26039211
5 beds | 3 baths | 1196 sqft
1 / 21
Property Description
Located directly across from Adrian College's central campus, the newly renovated 221 S. Madison Street offers a rare opportunity as either a charming single-family home with potential or an outstanding investment property. Just steps from campus and minutes from downtown Adrian, the home features spacious living areas, five generous bedrooms, private yard, garage, off-street parking, and exceptional rental potential in one of the city's most sought-after locations.
Details
Location & Property Info
Cross Streets: Madison and College
Property Sub-Type: Single Family Residence
Municipality: Adrian City
Office/Contract Info
On-Market Date: 2026-08-05
Auction or For Sale: For Sale
List Price/SqFt: 250.75
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 65' x 136'
Road Frontage: 200
Garage Y/N: Yes
Garage Spaces: 2
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 12
Total Fin SqFt All Levels: 2096
SqFt Above Grade: 1196
Below Grade Finished SqFt: 900
Below Grade Unfinished SqFt: 296
Building Total SqFt: 1196
Total Beds Above Grade: 3
Main Level Primary: Yes
Stories: 1
School District: Adrian
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Year Built: 1984
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Tax Info
Taxable Value: 78198
SEV: 90300
For Tax Year: 2025
Seller's Annual Property Tax: 4944.03
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: None
Tax ID #: XA0-415-0049-04
Remarks & Misc
Public Remarks: Located directly across from Adrian College's central campus, the newly renovated 221 S. Madison Street offers a rare opportunity as either a charming single-family home with potential or an outstanding investment property. Just steps from campus and minutes from downtown Adrian, the home features spacious living areas, five generous bedrooms, private yard, garage, off-street parking, and exceptional rental potential in one of the city's most sought-after locations.
Legal: W 65 FT OF N 136 FT LOT 1 L G BERRYS SUB OF LOT 21 OF L G BERRYS SUB OF BLK 8 L G BERRYS SW ADD
Lot Description
Corner Lot: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Other: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Parking Features
Attached: 1
Garage Faces Front: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 3
Main Full Baths: 2
Main Level SQFT: 1196
Lower Rooms
Lower Finished SQFT: 900
Total Lower SQFT: 900
Basement Rooms
Basement Bedrooms: 2
Basement Full Baths: 1
Basement Finished SQFT: 900
Total Basement SQFT: 1196
Driveway
Concrete: 1
Substructure
Full: 1
Flooring
Carpet: 1
Vinyl: 1
Architectural Style
Ranch: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Lenawee
Street #: 221
Street Direction: S
Street Name: Madison
Suffix: Street
State: MI
Zip Code: 49221
Zip (4): 2519
OfficeContract Info
Status: Active
List Price: $299,900
Current Price: $299,900
Listing Date: 2026-07-29
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Substructure: Full
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Flooring: Carpet; Vinyl
Parking Features: Attached; Garage Faces Front
Architectural Style: Ranch
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional; Other
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Arbor Lake Management
Listing Agent: Christopher Hays
Last Updated: August - 05 - 2026
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