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56860 Boone Ln, Calumet, MI, 49913

--beds
2baths
1,444sqft
$195,000
$135price/sqft
$1,508/moest. monthly cost
$60,320/yrincome needed

About This Home

Buy this foreclosure property offered by Auction.com, which may sell below market value. The Estimated Credit Bid is $114,000. Bids must exceed this amount, and the highest bid above the Credit Bid wins. SAVE THIS PROPERTY NOW on Auction.com to receive alerts about auction dates and status changes. Auction.com is the nation's largest online real estate auction marketplace with over half-a-million properties sold.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
C.L.K. Elementary SchoolGrades K-50.2 mi
8/10
Washington Middle SchoolGrades 6-80.2 mi
7/10
Calumet High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bathrooms: 2

Interior Area

  • Total structure area: 1,444
  • Total interior livable area: 1,444 sqft

Property

Details

  • Parcel number: 00240213500
  • Special condition: Auction

Lot

  • Lot size: 6,969 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Tsunami

FEMA Declared Disasters in Houghton County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$151$1,812
Property Taxes $183$2,196
Electricity $188$2,259
Total$1,508$18,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,702/yr
40% on housing$45,240/yr
45% on housing$40,213/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 49913$101
Houghton County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 49913$75
Houghton County$106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Price change$195,000
2026-03-11Price change$200,000
2024-12-19Listed for sale$169,900
2024-08-28Listing removed$169,900
2024-07-25Price change$179,900
2024-06-24Listed for sale$189,900
2022-11-01Contingent$167,000
2022-10-21Price change$167,000
2022-09-23Price change$173,000
2022-09-06Price change$199,000
2022-08-22Listed for sale$220,000
2021-03-24Listing removed--
2020-08-08Listing removed$99,000
2020-05-21Pending sale$99,000
2020-05-12Listed for sale$99,000
2019-11-04Listing removed$99,000
2019-10-13Price change$99,000
2019-08-26Listed for sale$105,000
2009-11-11Sold$26,000

Unknown Listed By

AgentAuction.com Customer Service
BrokerageAuction.com

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