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$149,900
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Property Description
This building is quite a unique property. There is a finished 1000sf home/apartment to live in or rent. The front part of this building is a blank canvas for the new owner to develop according to their own personal needs. The 3 bed 1 bath move in ready spacious ranch is full of natural light with large living areas, including the kitchen, bath & bedrooms. Gleaming hardwood floors are a wonderful feature, along with the remodeled bath. Live in this section of the house while you determine if you want to complete the other as an apartment, a business or additional housing for the family. Lots of possibilities....Duplex- Retail Store- Service Business, the list goes on. Excellent corner location in downtown Bankers. Close to Hillsdale College's new Olympic quality professional shooting complex. This adds yet another thoughtful dimension to those individuals searching to add savvy opportunities to the Hillsdale community. Get ready for this one to deliver big returns on your investment.
Full Property Details
Full Property Details for 4048 Bankers Rd
General
- Price: $149,900
- Taxes: $824
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25047861
- Updated: 10/28/2025
- Added to Site: 123 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main Level
Location
- Area: Hillsdale County - X
- County: Hillsdale
- Cross Streets: Cole Rd
- Driving Directions: Bacon Rd. to Bunn Rd. then south. Located at the corner of Bankers & Bunn
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding
- Basement: Yes
- Stories/Levels: 1
- Square Feet: 1,004
- Living Area: 1,004 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: Irregular
Financial Considerations
- Tax Amount: $824.75
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Per legal at courthouse
- Property ID: 11050001002
Listed by Century 21 Affiliated, Desiree Thomas
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Schools
Schools serving 4048 Bankers Rd
School District:Hillsdale Community Schools
| Name | Grades | Distance |
|---|---|---|
Gier Elementary School 175 Spring Street, Hillsdale, MI 49242 | PK-4 | 3.1 mi |
Davis Middle School 30 North West Street, Hillsdale, MI 49242 | 5-8 | 3.3 mi |
Hillsdale High School 30 South Norwood Street, Hillsdale, MI 49242 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4048 Bankers Rd
Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$149,900
-9.1%
MLS
9/17/2025
Listed
$164,900
724.5%
MLS
4/12/2018
Sold
$20,000
—
Public Record
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 4048 Bankers Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$825
4%
$32,900
10%
2023
$793
5%
$29,900
13%
2021
$756
3%
$26,500
15%
2021
$736
1%
$23,000
16%
2020
$730
3%
$19,900
3%
2019
$710
20%
$19,300
8%
2018
$594
4%
$17,900
15%
2018
$573
1%
$15,600
-1%
2016
$570
252%
$15,700
6%
2016
$162
—
$14,820
—
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 4048 Bankers Rd
4048 Bankers Road, Hillsdale, MI 49242 (MLS# 25047861) is a Single Family property with 3 bedrooms and 1 full bathroom. 4048 Bankers Road is currently listed for $149,900 and was received on September 17, 2025. Want to learn more about 4048 Bankers Road? Do you have questions about finding other Single Family real estate for sale in Hillsdale? You can browse all Hillsdale real estate or contact a Coldwell Banker agent to request more information.

