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Jackson
20 Indian Trail
$58,000
● House - Off Market

20 Indian Trail

Munith, MI 49259
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$52,765
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This home features 3 bedrooms, 2 full baths, nice size yard, and view of Batteese Lake.  Home does need some work but priced accordingly.  Home being sold as is. Land Contract considered with 30% down, 8% interest with 5 year balloon. We have received an offer, highest and best due 10/26/22 by 8pm.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$42
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #22045352)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Oct 23, 2022 Listed by Five Star Real Estate-Jackson $50,000
Listed by Five Star Real Estate-Jackson
Jul 1, 1992 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,196
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BATTEESE PARK
  • Land Acres: 0000000690
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: LOTS 40, 41 AND 42 BATTEESE PARK EXC BEG AT SW COR OF LOT 42 TH NWLY ALG LOT LN OF LOT 42, 56 FT TH NELY AT RIGHT ANGLES TO

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 006702

Zoning

  • Zoning: RES DIS

Geography

  • Assessors Map Reference: MAPS BATTEESE L
  • District: 06
  • Parcel: 056-04-09-377-030-01
  • Lot: 40-42
  • Municipality: HENRIETTA TWP
  • Latitude: 42.3954
  • Longitude: -84.3216

    Address

  • Full Address: 20 Indian Trl
  • Address - House Number: 20
  • Address - Street Name: Indian
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: Munith
  • Carrier Code: R091
  • 4-Digit Zip Code: 9763
  • Zip Code: 49259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,216
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 202,993
  • High Value: 241,620
  • Low Value: 164,366

    Market Valuation

  • Market Total Value: $149,800
  • Market Land Value: $149,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,900
  • Assessed Land Value: $74,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 1992
  • Current Sale Recording Date: Jul 01, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
MichRIC

Listed by: Jessica N Villarreal, Five Star Real Estate-Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22045352
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 20 Indian Trail built and last sold?
The property at 20 Indian Trail was built in 1993 and last sold on Jul 1, 1992 for $3,300.
How much is this home worth?
The estimated value of the home located at 20 Indian Trail is $56,931.
What are some comparable homes to 20 Indian Trail?
There are currently no comparable homes to 20 Indian Trail.
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