For Sale
406 Elizabeth Street, Buchanan, MI 49107
$54,900
MLS # 26021611 (Michigan Regional Information Center (MichRIC))
1.13 acres
1 / 2
Listing Description
Discover a fantastic opportunity in the heart of Buchanan. This 1.13-acre city lot offers plenty of space and flexibility for your future plans. Conveniently located on Elizabeth Street, the property features approximately 349 feet of road frontage and is situated near local schools, parks, shopping, and downtown amenities. Whether you are looking to build your dream home, invest in land, or explore development possibilities, this generously sized parcel offers endless potential. Buyers are encouraged to verify zoning, utility availability, and intended use with the city.
Source: SparkMLS
About this home
Listed at $54,900.
Annual property taxes run approximately $256 ($21/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeLand
Property SubtypeLot
Bathrooms0
Lot Size1.13 acres
Location
CityBuchanan
MunicipalityBuchanan City
Zip Code49107
CountyBerrien
School DistrictBuchanan
Construction & Systems
UtilitiesNone
Sale & Financing
Listed5/11/2026
Original Price$59,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$256
Tax Year2024
Assessed Value$4,182
Parcel #11-58-2000-0173-00-3
Source: SparkMLS
Legal Description
LOTS 6 TO 12 INCL BLK 8 ENGLISH & HOLMES ADD TO CITY OF BUCHANAN INCL N1/2 OF VAC ALLEY S OF SD LOTS PER 1176/86
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 Kimberly Kelemen
Lakes & Country Real Estate Inc
Frequently Asked Questions about 406 Elizabeth Street, Buchanan, MI 49107
What school district is 406 Elizabeth Street, Buchanan, MI 49107 in?
Per MLS# 26021611, this property is served by Buchanan. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26021611, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26021611, the most recent reported annual property tax for 406 Elizabeth Street, Buchanan, MI 49107 is $256 (2024). 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.
Is 406 Elizabeth Street, Buchanan, MI 49107 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 406 Elizabeth Street, Buchanan, MI 49107 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Buchanan City police department or the Berrien County sheriff's office.
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Monthly payment$356
Principal & interest$356
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
406 Elizabeth Street, Buchanan, MI 49107
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Municipality
Buchanan Township
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