front view for 1040 Madison Avenue Se, Grand Rapids, Mi. 49507

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map of 1040 Madison Avenue Se Grand Rapids, MI 49507

Price:$215,000|Beds: 3|Baths: 2|Area: 1413 sq ft

Info
Value
Expenses
History
Schools

Explore our fast and easy mortgage options to maximize your home’s value. Younited Mortgage NMLS #1880125

New Loan

Overview

The home at 1040 Madison Ave Se Grand Rapids, MI. 49507
has 2 bathrooms 1413 square feet of living space. It sits on 6098 square feet of land. And its legal description is

PART OF LOT 2 COM AT THE SW COR SD LOT TH N 43 FT E 100 FT N 1 FT E 42.7 FT S 44 FT TH W 142.7 FT TO BEG* FRALICK & WORDEN S
County Registrar of Deeds Public Record

This building may also appear as:

1040 Madison Ave Se

1040 Madison Ave Se Grand Rapids, MI. 49507-1282

1040 Madison SE Ave Grand Rapids, MI. 49507-1282

updated and extra roomy 3 bedroom home, currently setup as 2 one bedroom apartments. Kitchenette in 3rd bedroom can be utilized for a savvy house-hacking individual or converted back to a bedroom. This home has all the space you need- large kitchen, dining room, main floor laundry, lots of parking and closet space plus 2 full baths!

More Information

MLS Number: 65025058492
Price: $215,000.00
Listing Start Date: 11/14/2025
Current MLS Status: Active
Status Date: 11/14/2025
Original Listing Price:
Year Built: 1900
Square Footage: 1413
Price per SqFt: $152.16
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 0
Total Tax: $2,431
Has Basement: Yes
Down Payment Assistance: Call us for resources

Public Record Information

Estimated Value: $146,006
Square Footage: 1413
Lot Area: 0.14 acres (6,098 sqft)
Price per SqFt: $103.00
Year Built: 1900
Bedrooms: n/a
Full Bathrooms: 2
Taxes (from public record): $499
Approx. Loan Amount: $133,000
Zoning: TN-LDR
Floor Types:
Amenities:
Heating Types: Forced Air Unit
Exterior Wall Types: Other
Parking Size: 2
Legal Description: PART OF LOT 2 COM AT THE SW COR SD LOT TH N 43 FT E 100 FT N 1 FT E 42.7 FT S 44 FT TH W 142.7 FT TO BEG* FRALICK & WORDEN S
Current APN
(Assessor's Parcel Number): 41-14-31-451-003 (411431451003)
General Land Use: Residential
County Land Use: Residential - Improved (401)
Owner City: Grand Rapids, MI
No. of Buildings: 1

Valuation

Estimated Value

$146,006

Range of Comparable Sales

Low: $144,545

High:

$147,466

Exact Location

Estimated Monthly Expenses

Total Monthly Cost
Mortgage Payment (Principal and Interest) With a 20% Down Payment	$
Property Tax	$
Hazard Insurance	$
Heat	$
Electric Bill	$

Transaction History

*This data is provided from public record

Sale Date	Sale Price	Arm's-Length
06/09/2023	$140,000	Yes
02/01/2023	$120,000	Yes
12/29/2021		Yes
11/18/2004		Yes

Schools Nearby

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Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd.

Real estate listings held by firms other than Snabby Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo
and detailed information about them includes the Listing Broker's Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Provided by 616 Realty LLC Office Contact Info: (616) 272-3707

Locations

1040 Madison Avenue Se Grand Rapids, MI 49507