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523 N Madison St, Marshall, MI, 49068

2beds
1baths
760sqft
$160,000
$211price/sqft
$1,276/moest. monthly cost
$51,040/yrincome needed

About This Home

AVAILABLE FOR LAND CONTRACT ONLY Looking for the perfect place to call home? This charming property is a fantastic opportunity for first-time buyers, downsizers, or smaller families looking for comfort, convenience, and a spacious yard to enjoy! ? Property Features: ??? 2 Bedrooms ?? 1 Bathroom ?? 0.483 Acres ?? Detached 1-Car Garage (Garage Faces Front) ?? Laundry Hookups in the Basement (Electric Dryer & Washer Hookups) ?? Central Air Conditioning ?? Replacement Windows ?? Marshall Schools ?? Spacious Backyard – Perfect for family gatherings, pets, gardening, or relaxing evenings outdoors!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

9/10
Walters ElementaryGrades PK-50.5 mi
6/10
Marshall Middle SchoolGrades 6-80.6 mi
9/10
Marshall High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1937

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow

Interior

Appliances

  • Appliances included: Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Window features: Insulated Windows
  • Finished area below ground: 0

Heating

  • Heating features: Forced air,Gas

Interior Area

  • Total interior livable area: 760 sqft

Property

Details

  • Parcel number: 5302204000

Features

  • Frontage length: 53.00

Lot

  • Lot size: 0.48 Acres
  • Features: Flag Lot

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached

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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Winter Weather

FEMA Declared Disasters in Calhoun 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 $809$9,708
Home Insurance *$101$1,212
Property Taxes $178$2,136
Electricity $188$2,259
Total$1,276$15,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,748/yr
40% on housing$38,280/yr
45% on housing$34,026/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: 5.0%
5.0%
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

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 49068$145
Calhoun County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 49068$142
Calhoun County$132

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
2026-07-04Listed for sale$160,000
2026-05-22Sold$145,000
2026-05-04Pending sale$159,500
2026-05-01Listed for sale$159,500
2023-05-30Sold$122,000
2023-05-16Pending sale$104,900
2023-04-17Contingent$104,900
2023-04-05Price change$104,900
2023-03-14Listed for sale$110,000
2023-03-02Sold$68,000
2021-01-21Sold$50,000
2020-11-28Pending sale$59,900
2020-11-19Listed for sale$59,900
2018-10-09Sold$19,944
2018-07-25Listed for sale--

For Sale by Owner

AgentProperty Owner

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