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$136,000
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Property Description
Motivated seller, motivated seller, motivated seller! This 3-bedroom, 1.5-bath home offers over 1,600 square feet of living space and is full of potential for the right buyer. Located on a corner lot in Albion, this home features a spacious main floor with a large living room, formal dining area, and a functional kitchen layout. Upstairs you'll find three bedrooms and a half bath, giving you a solid layout to work with. Whether you're a first-time homebuyer looking to get into a home at an affordable price or an investor looking for your next opportunity, this property has the space and structure to make it your own. *Seller is requesting 3-4 Week post-close occupancy, making this a great option for buyers with flexible timelines.
Full Property Details
Full Property Details for 505 N Ionia St
General
- Price: $136,000
- Taxes: $1,179
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26018062
- Updated: 7/27/2026
- Added to Site: 111 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s)
- Appliances: Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main Level, Other
Location
- County: Calhoun
- Cross Streets: Chestnut and Mulberry
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 1,679
- Living Area: 1,679 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,924
- Lot Dimensions: 59 x 100
- Frontage: Paved
- Lot Features: Corner Lot, Sidewalk
- Zoning: R2B
Financial Considerations
- Tax Amount: $1,179
- Terms: Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Disclosures and Reports
- Legal Description: ALBION CITY, ORIGINAL PLAT BLK 12 LOT 7. 120 E CHESTNUT
- Property ID: 51-000-187-00
Listed by Real Broker, LLC, Marcus T Miller
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Schools
Schools serving 505 N Ionia St
School District:Marshall Public Schools
| Name | Grades | Distance |
|---|---|---|
Harrington Elementary School 100 South Clark Street, Albion, MI 49224 | K-5 | 0.9 mi |
Marshall Middle School, Marshall, MI 100 East Green Street, Marshall, MI 49068 | 6-8 | 10.7 mi |
Marshall High School, Marshall, MI 701 North Marshall Avenue, Marshall, MI 49068 | 9-12 | 10.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 N Ionia St
Date
Details
Price
Change
Source
6/24/2026
Price Reduced
$136,000
-2.79%
MLS
6/07/2026
Price Reduced
$139,900
-3.45%
MLS
4/29/2026
Listed
$144,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 N Ionia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,780
51%
$41,700
10%
2025
$1,179
25%
$38,000
8%
2022
$941
—
$35,200
24%
2022
$941
100%
$28,500
14%
2022
100%
$25,000
35%
2020
100%
$18,500
32%
2018
-100%
$14,000
-3%
2018
$574
100%
$14,400
10%
2016
—
$13,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 N Ionia St
505 N Ionia Street, Albion, MI 49224 (MLS# 26018062) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 505 N Ionia Street is currently listed for $136,000 and was received on April 29, 2026. Want to learn more about 505 N Ionia Street? Do you have questions about finding other Single Family real estate for sale in Albion? You can browse all Albion real estate or contact a Coldwell Banker agent to request more information.

