Beautiful vacant parcel in Raisin Township. A nice sprawling 5.40 acres is ready for your farmstead dreams to start taking shape. With 438' of road frontage and a 543' depth there is plenty of room for your home, barns, pastures, gardens, animals and other farming dreams. Private road construction will begin early August 2024 and be completed early September 2024. A private road maintenance agreement is in place for this parcel at $350.00 per year.
Property Details
Property Features
Listing Office:
Office Name: Foundation Realty, LLC
Office Phone: (517) 266-8888
Listing Agent: Jacob Koelbel
Lot Features
Lot Information:
Lot Size: 5.40 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $99,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Adrian, MI.
This property is $85.1K less than the Median Sold Price in Adrian, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Lenawee County Association of REALTORS®
MLS Number: #56050148543
Listing Office:
Office Name: Foundation Realty, LLC
Office Phone: (517) 266-8888
Listing Agent: Jacob Koelbel
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$566
Per Month
Principal & Interest
$499
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Alexander Elementary School
520 Cherry St
Distance between this listing and this school4.64 miles
Public District Grades KG-5
5
/10
Lincoln Elementary School
158 S Scott St
Distance between this listing and this school5.43 miles
Public District Grades PK-5
3
/10
Michener Elementary School
104 Dawes Ave
Distance between this listing and this school5.55 miles
Public District Grades PK-5
Nearby Schools
5
/10
Patterson Intermediate Learning Center
401 N Van Buren St
Distance between this listing and this school4.53 miles
Public Magnet Grades 8-8
4
/10
Springbrook Middle School
615 Springbrook Ave
Distance between this listing and this school4.53 miles
Public District Grades 6-8
7
/10
Compass Learning Center
307 N Maumee St
Distance between this listing and this school4.66 miles
Public Magnet Grades 3-7
Nearby Schools
1
/10
Adrian Community High School
801 E Maumee St
Distance between this listing and this school4.37 miles
Public District Grades 9-12
5
/10
Adrian High School
785 Riverside Ave
Distance between this listing and this school4.69 miles
Public District Grades 9-12
7
/10
Tecumseh High School
760 Brown St
Distance between this listing and this school4.77 miles
The neighbors living near this home have an average income of $58,715. Residents of Adrian, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3000 Torin Ln
What is the listing price of this property?
The listing price of 3000 Torin Ln property is $99,900.
What type of property is this?
The property 3000 Torin Ln is land located in Adrian, Michigan, 49221.
Is this property for sale now?
Active Listing: 3000 Torin Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3000 Torin Ln in Adrian, MI and zip code 49221. This home sits on a 5.40 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $99,900.
In October 2024 more than 9 listings in Adrian, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 20 were sold below. The inventory of homes for sale in Adrian, MI between September 2024 and October 2024 decreased by 0.7%. Listings spent 41 days on the market in October 2024, and had a median list price of $185,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.