For Sale
503 S Washington Avenue, Ludington, MI 49431
$239,000
MLS # 26032443 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,485 sqftBuilt 19230.19 acres
1 / 22
Listing Description
Charming 3-bedroom, 2-bath home near Pere Marquette Lake! Enjoy the covered front porch, ideal for relaxing in a swing with your favorite drink. The 2-car garage offers ample storage and parking. Inside, you’ll find plenty of vintage charm with original wood trim and hardwood floors hidden beneath the carpet. Conveniently located near downtown, it’s perfect for walking or biking around. Don’t miss this gem!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,485 sq ft home built in 1923 sits in Ludington in Ludington.
Asking $239,000 (about $161/sq ft).
Annual property taxes run approximately $2,553 ($213/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,485 sqft
Lot Size0.19 acres
Year Built1923
Stories2
Location
CityLudington
MunicipalityLudington
Zip Code49431
CountyMason
School DistrictLudington
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorGarage Door Opener
Sale & Financing
Listed6/26/2026
Original Price$249,000
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,553
Tax Year2026
State Equalized Value$101,600
Taxable Value$62,770
Assessed Value$64,464
Homestead (PRE)100%
Parcel #051-335-012-00
Source: Public Records
Legal Description
ADDITION NO. 3 S 1/2 OF LOTS 11 & 12 BLOCK 135.
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 Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
Frequently Asked Questions about 503 S Washington Avenue, Ludington, MI 49431
Which school district serves 503 S Washington Avenue, Ludington, MI 49431?
Per MLS# 26032443, 503 S Washington Avenue, Ludington, MI 49431 is in the Ludington boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ludington directly to confirm enrollment eligibility.
What financing options are available for 503 S Washington Avenue, Ludington, MI 49431?
Per MLS# 26032443, this listing accepts Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional 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 503 S Washington Avenue, Ludington, MI 49431?
Per public tax records, annual property taxes for this property are $2,553 (2026). 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, 503 S Washington Avenue, Ludington, MI 49431 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 503 S Washington Avenue, Ludington, MI 49431 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 503 S Washington Avenue, Ludington, MI 49431?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy 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 Ludington police department or the Mason County sheriff's office.
Map
BETAMulti-Year Tax History
View SEV, Taxable Value, and uncapping difference for this parcel — Mason County public records.
Mortgage Calculator
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Monthly payment$1,550
Principal & interest$1,550
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
503 S Washington Avenue, Ludington, MI 49431
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Municipality
Ludington
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