321 E Second St, Caspian, MI

Listing description

What the seller provided

Residential Vacant at 321 E Second St in Caspian, Iron County, MI, held and offered for resale to the public by the Michigan State Land Bank Authority. Lot 30 x 100 ft, 0.068 acres. Legal description: Iron,C:Caspian,S:First Addition to Plat of Caspian, First Addition to Plat of Caspian. Link to Subdivision Plat map: http://www.dleg.state.mi.us/subimages/4/0450201.tif. Came to the state land bank by fast track title vestment after the 2015 tax foreclosure. Priced on application. See the official property portal to view details and apply to purchase.

How this sale works

Land bank or city-owned property sale

A public land bank or city agency is disposing of property it already holds, usually acquired through tax foreclosure. Prices are set or negotiated rather than auctioned.

• Many programs sell by application or fixed price and may require a rehab plan, owner-occupancy or a deadline to build.
• Title is generally cleared by the land bank, which is a major advantage over a tax sale.
• Expect program eligibility rules, and sometimes a preference for neighbors, nonprofits or first-time buyers.

How to buy government surplus land and lots →

General information, not legal advice. The official sale notice controls.

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Look it up before you bid

The public notice gives an address and a date. These outside tools fill in what it does not.

Record details

Acres

0.07 acres

Property class

Residential Vacant

County

Iron

Subdivision

First Addition to Plat of Caspian

Parcel number

5120600700

Legal description

Iron,C:Caspian,S:First Addition to Plat of Caspian

Status

Acquired

Local unit

City of Caspian

ZIP

49915

Notes

Link to Subdivision Plat map: http://www.dleg.state.mi.us/subimages/4/0450201.tif

Street address

321 E Second St

Lot dimensions

30 x 100 ft

Acquisition method

Fast Track Title Vestment

Address note

Parcel Number 051-206-007-00

Foreclosure year

2015

Inventory type

State Land Bank