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421 W Lake Lansing Rd, East Lansing, MI, 48823

3beds
1baths
880sqft
$150,000
$170price/sqft
$1,226/moest. monthly cost
$49,040/yrincome needed

About This Home

Welcome home to 421 W Lake Lansing Rd! This 3 bedroom, 1 bath ranch sits on a generous 0.64-acre parcel in the City of East Lansing. Licensed for a family or 2 unrelated occupants, it offers flexibility as both a primary residence and a smart investment property. Inside, you'll find an updated interior throughout, including beautiful hardwood floors, a full basement for storage or future finishing potential, and a versatile 2nd-floor bonus room, perfect for an office, playroom, or extra hangout space. With its spacious lot, flexible layout, and convenient location near Michigan State University, this home offers a great combination of comfort, functionality, and investment potential.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
84
BikeVery Bikeable

Schools

7/10
Robert L Green ElementaryGrades PK-50.5 mi
7/10
MacDonald Middle SchoolGrades 6-81.9 mi
9/10
East Lansing High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1946

Materials

  • Roof: Shingle
  • Construction materials: Stucco,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: First
  • Area: 86.77699999999999

Bedroom3

  • Level: Second
  • Area: 224.76999999999998

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 0

Features

  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 880

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,504
  • Total interior livable area: 880 sqft

Kitchen

  • Level: First
  • Area: 37.1

Living Room

  • Level: First
  • Area: 163

Master Bedroom

  • Level: First
  • Area: 87.36

Property

Details

  • Parcel number: 33200100404016
  • Zoning description: Zoning
  • Foundation area: 624

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Spa features: None

Lot

  • Lot size: 0.64 Acres
  • Features: Back Yard,Front Yard,Private
  • Lot size dimensions: 289.99 x 121.17

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Ice Storm
Winter Weather

FEMA Declared Disasters in Ingham County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
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 $758$9,096
Home Insurance *$60$720
Property Taxes $220$2,640
Electricity $188$2,259
Total$1,226$14,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,034/yr
40% on housing$36,780/yr
45% on housing$32,693/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 48823$158
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48823$157
Ingham County$129

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
2026-05-08Price change$164,900
2026-04-17Listed for sale$174,900
2026-04-16Listing removed$174,900
2025-11-21Listed for sale$174,900
2025-07-02Listing removed--
2025-04-03Listed for sale$187,500
2022-11-28Listed for rent$1,350
2022-11-18Listing removed--
2022-10-18Listed for rent$1,350
2022-05-15Listing removed--
2022-03-24Price change$1,350
2022-03-03Price change$1,290
2022-02-18Price change$1,350
2022-02-11Price change$1,290
2022-01-12Price change$1,350
2021-11-27Price change$1,490
2021-11-12Price change$1,390
2021-10-27Listed for rent$1,475
2021-03-12Listing removed--
2021-02-19Price change$1,350
2021-01-14Listed for rent$1,400
2021-01-13Listing removed$104,900
2021-01-08Listed for sale$104,900
2021-01-05Sold$100,000
2020-12-28Pending sale$104,900
2020-11-20Listed for sale$104,900
2019-05-29Sold$55,000
2005-07-07Sold$90,000

For Sale by Agent

AgentMorgan Meredith
BrokerageKeller Williams Realty Lansing

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