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427 Wabash St, Milan, MI, 48160

2beds
1baths
800sqft
$149,000
$186price/sqft
$1,132/moest. monthly cost
$45,280/yrincome needed

About This Home

This charming 2 bedroom located home near downtown Milan (0.6 mi) has been newly updated. The park and downtown are walkable within minutes from the home. Features include new flooring, kitchen cabinets, new appliances and an updated bathroom. This cozy starter home is move-in ready.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
Milan Middle SchoolGrades 5-81.1 mi
6/10
Milan High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1899

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: Entry
  • Area: 117
  • Dimensions: 13 X 9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 800

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 800 sqft

Kitchen

  • Level: Entry
  • Area: 90
  • Dimensions: 10 X 9

Living Room

  • Level: Entry
  • Area: 156
  • Dimensions: 13 X 12

Other

  • Level: Entry

Primary Bedroom

  • Level: Entry
  • Area: 189
  • Dimensions: 21 X 9

Property

Details

  • Parcel number: 585304008900
  • Special condition: Agent Owned,Short Sale No

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 54 x 106 x 124

Parking

  • Parking features: No Garage

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
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Inland Flooding
Ice Storm
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Monroe 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 $753$9,036
Home Insurance *$62$744
Property Taxes $129$1,548
Electricity $188$2,259
Total$1,132$13,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,811/yr
40% on housing$33,960/yr
45% on housing$30,186/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: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 48160$160
Monroe County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 48160$195
Monroe County$173

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
2026-08-11Price change$139,000
2026-07-20Listed for sale$149,000
2024-03-01Sold$30,000
2009-09-28Sold$22,900
2008-07-21Listing removed$99,900
2008-02-01Listed for sale$99,900
2000-08-25Sold$60,000

For Sale by Agent

AgentFadi Z Sakkijha
BrokerageCMP Realty

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