Sold
706 N Monroe Street, Albion, MI 49224
Sold on 03/23/2026 for$25,000
MLS # 26008693 (Michigan Regional Information Center (MichRIC))
3 beds3 baths1,416 sqftBuilt 19200.23 acres
1 / 11
Listing Description
Home in need of TLC, but a great opportunity. On a large corner lot with outbuilding.
Source: SparkMLS
About this home
Located in Albion in Albion, this property offers 3-bedroom, 3-bath, 1,416 sq ft, with original construction dating to 1920.
This home sold for $25,000 (about $18/sq ft).
Property tax estimate: $1,191 per year ($99/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area1,416 sqft
Lot Size0.23 acres
Year Built1920
Stories2
Location
CityAlbion
MunicipalityAlbion City
Zip Code49224
CountyCalhoun
School DistrictMarshall
Construction & Systems
StyleTraditional
ConstructionWood Siding
BasementMichigan Basement, Partial
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorBroadband
Sale & Financing
Listed3/8/2026
Sold Date3/22/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,191
Tax Year2025
Assessed Value$22,567
Parcel #51-000-035-00
Source: SparkMLS
Legal Description
ALBION CITY, ORIGINAL PLAT BLK 2 LOT 14. 706 N MONROE
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 Dana Waddell
RE/MAX of Grand Rapids (Stndl)
Frequently Asked Questions about 706 N Monroe Street, Albion, MI 49224
Which school district serves 706 N Monroe Street, Albion, MI 49224?
Per MLS# 26008693, 706 N Monroe Street, Albion, MI 49224 is in the Marshall boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Marshall directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26008693, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 706 N Monroe Street, Albion, MI 49224?
Per public tax records, annual property taxes for this property are $1,191 (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, 706 N Monroe Street, Albion, MI 49224 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 706 N Monroe Street, Albion, MI 49224 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 706 N Monroe Street, Albion, MI 49224?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy 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 Albion City police department or the Calhoun County sheriff's office.
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Monthly payment$162
Principal & interest$162
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
706 N Monroe Street, Albion, MI 49224
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Municipality
Albion
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County
Jackson County
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