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Active · Government owned · MLS #20261086607
$30,000 3 bd1 ba992 sqft

20400 Indiana ST , Detroit, MI 48221

Est. $415/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1959
Lot0.11 acres
Price/sqft$30
On market0 days

About this home

Welcome to 20400 Indiana, a 3 bedroom single-family home. This DHC x DLBA redevelopment opportunity is ideal for homeowners and investors seeking to renovate an existing residential property. Sold as-is with clear title and no compliance requirements. Purchasers must submit their highest and best offer with proof of funds covering the purchase price and proposed renovations. Multiple-property purchases require separate proof of funds and scope of work for each property. All offers are subject to review and final approval. All property information, measurements, and renovation requirements must be independently verified. Licensed real estate professionals must accompany clients during interior showings.

Monthly payment

$415per month
Principal & interest$171
Property tax, current$32
Homeowners insurance$200
Mortgage insurance (PMI)$12

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$30,000
Beds3
Baths1 full
Square feet992
TypeSingle family residence
SubdivisionDET ROYAL GARDENS
CountyWayne
MLS #20261086607
Listed2026-10-27
Days on market0
Year built1959
PossessionAt closing
Stories1 story
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Water / SewerCity water & sewer
Parcel numberW16I035809S
Listing officeNext Level Realty & Investments

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$1about $15,000
Yearly property tax$387about $963

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $576 a year more than this seller pays. The assessor's state equalized value (SEV) is $1. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-28T01:47+00:00; refreshed at least twice daily.

$30,000Est. $415/mo
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