Loan Price
$1,475
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$250,000 ↓$29,999on 11/27/2024
401 Michigan Road Burlington, IN 46915
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Property Description for 401 Michigan Road Burlington, IN 46915
Bring your dreams to reality in downtown Burlington! A former bank in great shape, ready for you to bring your creativity alive! A solid 1971 construction featuring an iconic vault and ample security deposit boxes. Recreate your floor plan without set walls, turning this into a restaurant, bakery, office spaces, salon, many more, or even simply another bank! Current drive up ATM on contract with Horizon Bank is already a steady income stream! Drive through teller window around back with freshly poured concrete. Parking in the front of the building, or the additional lot in the back is open for expansion! Conveniently located on SR29/US421 for ample traffic! New gas furnace and recent mold remediation has this building primed and ready to go! Bakery renderings available upon request!
Street View Not Available At this Location
Address:401 Michigan Road Burlington IN 46915
Status:Active
on site: 200 days
Price:$250,000
Bathrooms:0
Year Built:1971
Lot Size:0.34
County: Carroll County
Township: Burlington
MLS #:202419101
Property Type:Office
Lot Dimensions:50X71
Directions:Take US-31 N/N Meridian St to W 116th St. Take exit 125 from US-31 N/N Meridian St, Follow W 116th St to US-421 S/N Michigan Rd in Zionsville, Follow US-421 S and IN-29 N to 4th St in Burlington
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 11/27/24 | $279,999 | $250,000 | -10.71% |
| 10/14/24 | $299,900 | $279,999 | -6.64% |
| 08/31/24 | $319,900 | $299,900 | -6.25% |
| Room | Size | Level |
| 3rd Bedroom | 2 x 1 | Info Not Available |
| Den | 1 x 3670 | Info Not Available |
Semi-Annual Property Tax:$400
Tax Year:1
Mandatory HOA Fee:$
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Listing provided courtesy of Christian Travis and Daimon Buck with F.C. Tucker Company - Noblesville
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Burlington Market Report
24
Avg. DOM
$118.6
Avg. $ / Sq.Ft.
$ 125,000
Med. List Price
The house prices in Burlington are not dropping at the moment. There has been a increase in price of $225,666.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
There is no data available at this time for Burlington.
The most popular place to buy a home in Burlington is 814 - Carroll - Burlington. 814 - Carroll - Burlington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Burlington .
The average amount of property taxes you would have to pay for a home in Burlington is $1,020.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Burlington are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Burlington was 43888 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Burlington is $125,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Burlington is $125,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Burlington in year 1905 and the newest built house is in year 1905.
The average size of properties in Burlington is 1054 sq.ft. , the biggest one being 1054 sq.ft. and the smaller being 1054 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.