For Sale
2503 Lakewood Drive, Adrian, MI 49221
$239,875
MLS # 26028229 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,243 sqftBuilt 19990 acres
1 / 39
Listing Description
Welcome to 2503 Lakewood Drive in Adrian! This well-maintained 2-bedroom, 2-bath home offers comfortable living with thoughtful features throughout. The bright white kitchen creates a fresh, inviting space with ample cabinetry and workspace for everyday cooking and entertaining. Both bedrooms are generously sized and feature large closets, providing exceptional storage. The functional floor plan offers comfortable living spaces and the convenience of two full bathrooms. An oversized garage provides plenty of room for vehicles, tools, and hobbies, complete with a built-in workbench that's perfect for projects, crafts, or additional storage. Whether you're looking for your first home, downsizing, or seeking low-maintenance living, this property offers the space and functionality buyers are looking for. Conveniently located near shopping, dining, parks, and other Adrian amenities, you'll enjoy both comfort and convenience. Schedule your private showing today!
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,243 sq ft home built in 1999 sits in Madison Township in Adrian.
Asking $239,875 (about $193/sq ft).
Annual property taxes run approximately $1,802 ($150/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Midwest Energy Cooperative; natural gas by Citizens Gas Fuel Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,243 sqft
Year Built1999
Stories1
Location
CityAdrian
MunicipalityMadison Twp
Zip Code49221
CountyLenawee
School DistrictMadison
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementSlab
Garage2.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesHigh-Speed Internet
InteriorCeiling Fan(s), Pantry
Sale & Financing
Listed6/9/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$330 / Monthly
IncludesTrash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$1,802
Tax Year2025
Assessed Value$62,934
Parcel #MD0-800-2502-00
Source: SparkMLS
Legal Description
BUILDING 25 UNIT B CARRIAGE HOMES OF LAKE MADISON
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Janis Montalvo
Living In Lenawee Realty LLC
Frequently Asked Questions about 2503 Lakewood Drive, Adrian, MI 49221
Which school district serves 2503 Lakewood Drive, Adrian, MI 49221?
Per MLS# 26028229, 2503 Lakewood Drive, Adrian, MI 49221 is in the Madison boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Madison directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26028229, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2503 Lakewood Drive, Adrian, MI 49221?
Per public tax records, annual property taxes for this property are $1,802 (2025). 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, 2503 Lakewood Drive, Adrian, MI 49221 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 2503 Lakewood Drive, Adrian, MI 49221 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 2503 Lakewood Drive, Adrian, MI 49221?
Per Michigan Public Service Commission service territory data: Electric: Midwest Energy Cooperative. Gas: Citizens Gas Fuel 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 Madison Twp police department or the Lenawee County sheriff's office.
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BETAMulti-Year Tax History
View SEV, Taxable Value, and uncapping difference for this parcel — Lenawee County public records.
Mortgage Calculator
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Monthly payment$1,886
Principal & interest$1,556
HOA$330
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Midwest Energy Cooperative
Co-op
Citizens Gas Fuel Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2503 Lakewood Drive, Adrian, MI 49221
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Municipality
Madison Township
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County
Lenawee County
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