12651 Indiana Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238 3035
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,399 sqft
Price per Sqft $9
Subdivision Greenfield Park 3
MLS Listing ID 60939519
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,399
Year Built 1926
Annual Tax Amount $1,142
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Sub-Type Single Family
Property Description
CALLING ALL INVESTORS. Get your hard hat and bring your vision to make this house a home. House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Other
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash