$13,500 for Sale
12651 indiana, detroit, MI 48238
| Beds 3 | Baths 1 | 1,399 Sqft | 0.09 Acres |
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Property Description
CALLING ALL INVESTORS. Get your hard hat and bring your vision to make this house a home. House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
General Information
Sale Price: $13,500
Price/SqFt: $10
Status: Active
MLS#: rcomi60939519
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: greenfield park 3
Acres: 0.09
Lot Dimensions: 40X100
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,399 sq.ft.
Acreage: 0.09 est.
Year Built: 1926
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 20x12
Bedroom 2 : 12x11
Bedroom 3: 12x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 10x9
Livingroom: 17x12
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Other
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,142
Est. Winter Taxes: $0
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614
