Sold
17540 Indiana Street, Detroit, MI 48221
Sold on 05/06/2026 for$155,000
MLS # 20261017150 (Realcomp)
4 beds2 baths2,020 sqftBuilt 19370.09 acres
1 / 49
Listing Description
Welcome to 17540 Indiana, a versatile duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. This property is ideal for investors seeking strong rental potential or buyers looking to live in one unit while generating income from the other. Each unit offers a functional layout with spacious living areas and abundant natural light. The property is currently vacant, providing immediate opportunity to set market rents or add value through updates over time. Conveniently located near shopping, dining, and major roadways, this is a smart opportunity to build equity and generate income in Detroit’s growing market.
Source: SparkMLS
About this home
Located in Bagley in Detroit, this property offers 4-bedroom, 2-bath, 2,020 sq ft, with original construction dating to 1937.
Final sale price: $155,000 (about $77/sq ft).
Estimated annual property tax: $6,855, or about $571 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,020 sqft
Lot Size0.09 acres
Year Built1937
Stories2
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/16/2026
Sold Date5/5/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,133
Tax Year2025
State Equalized Value$106,800
Assessed Value$106,800
Homestead (PRE)100%
Parcel #16035685.
Source: Public Records
Legal Description
E INDIANA 117 SANTA MARIA PARK SUB L48 P10 PLATS, W C R 16/326 35 X 114.03
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Valbona Vulaj
Golden Key Realty Group LLC
Frequently Asked Questions about 17540 Indiana Street, Detroit, MI 48221
Which school district serves 17540 Indiana Street, Detroit, MI 48221?
Per MLS# 20261017150, 17540 Indiana Street, Detroit, MI 48221 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261017150, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 17540 Indiana Street, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $4,553. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 17540 Indiana Street, Detroit, MI 48221 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 17540 Indiana Street, Detroit, MI 48221 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 17540 Indiana Street, Detroit, MI 48221?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
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Annual tax$6,855
Monthly$571
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,609
Principal & interest$1,038
Property taxes$571
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
17540 Indiana Street, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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