Sold
501 S Oak Street, Buchanan, MI 49107
Sold on 02/11/2026 for$164,000
MLS # 25049314 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,323 sqftBuilt 19000.21 acres
1 / 16
Listing Description
Opportunity knocks at 501 S. Oak St. Where affordable homeownership and a central location merge for you and your family to enjoy a community-focused lifestyle. The main level features a master bedroom and laundry for convenient living, along with a nice size eat-in kitchen, and living space perfect for daily life and entertaining. Two additional bedrooms with a new mini-split in each for maximum comfort are located upstairs. Located near walking trails that provide easy access to beautiful outdoor recreation, including the scenic McCoy's Creek Trail. You'll be able to enjoy a stroll along the creek or a bike ride through the woods, right from your doorstep. Centrally located near the vibrant downtown area, where you can explore local culinary gems like Thistledown & Row, a cidery and restaurant. This home also uniquely qualifies for the Buchanan Promise. We invite you to check it out today! Secure the home today with a 2.7% assumable mortgage rate.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,323 sq ft home built in 1900 sits in Buchanan Township in Buchanan.
This home sold for $164,000 (about $124/sq ft).
Annual property taxes run approximately $1,761 ($147/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,323 sqft
Lot Size0.21 acres
Year Built1900
Stories2
Location
CityBuchanan
MunicipalityBuchanan City
Zip Code49107
CountyBerrien
School DistrictBuchanan
Construction & Systems
StyleTraditional
ConstructionAluminum Siding
BasementMichigan Basement, Partial
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed12/18/2025
Sold Date2/10/2026
Original Price$180,000
Terms AcceptedCash, FHA, Conventional, Assumable
Concessions$175
Source: SparkMLS
Tax Information
Annual Tax$1,761
Tax Year2024
Assessed Value$46,035
Parcel #11-58-1500-0061-00-7
Source: SparkMLS
Legal Description
LOT 1 BLK E A C DAYS ADD TO CITY OF BUCHANAN ALSO THE W1/2 OF VACATED ALLEY E OF SD LOT PER 943/458&459
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 Kevin Trafton
Century 21 Affiliated
Frequently Asked Questions about 501 S Oak Street, Buchanan, MI 49107
Which school district serves 501 S Oak Street, Buchanan, MI 49107?
Per MLS# 25049314, 501 S Oak Street, Buchanan, MI 49107 is in the Buchanan boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Buchanan directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 25049314, this listing accepts Cash, FHA, Conventional, Assumable 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 501 S Oak Street, Buchanan, MI 49107?
Per public tax records, annual property taxes for this property are $1,761 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 501 S Oak Street, Buchanan, MI 49107 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 501 S Oak Street, Buchanan, MI 49107 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 501 S Oak Street, Buchanan, MI 49107. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 501 S Oak Street, Buchanan, MI 49107?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy 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 Buchanan City police department or the Berrien County sheriff's office.
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Mortgage Calculator
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Monthly payment$1,064
Principal & interest$1,064
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Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
9 providers at this address
AT&TFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
501 S Oak Street, Buchanan, MI 49107
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Municipality
Buchanan Township
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