1187 Hadley RD , Elba Township, MI 48446
Est. $1,605/mo with current taxes · · See the breakdown
About this home
Incredible opportunity to own this beautifully renovated brick home. The original school house was built in 1902! Nestled on nearly an acre, this charming property offers three bedrooms with the potential for a fourth, providing plenty of space and flexibility. The home features a brand-new bathroom, gleaming newly refinished wood floors in the great room, fresh interior paint, and an abundance of new lighting throughout. Recent updates also include a new front porch, new back deck, and new carpeting. Upstairs, you’ll find two spacious bedrooms, while the oversized garage offers plenty of room for vehicles, storage, hobbies, or a workshop. The garage features lighting, a concrete floor, a garage door opener, and a stunning stone exterior that complements the character of the home. Full of charm, character, and thoughtful updates, this historic home is truly move-in ready. Don’t miss your opportunity to own a piece of history with modern comforts on nearly an acre of land!
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 28.87 mills, the 2025 homestead rate here. 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 | $214,900 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,346 |
| Type | Single family residence |
| Subdivision | — |
| County | Lapeer |
| MLS # | 20261088390 |
| Listed | 2026-11-02 |
| Days on market | 1 |
| Year built | 1902 |
| Possession | At closing |
| Stories | 1.5 stories |
| Heating | Forced air, Propane |
| Foundation | Crawl space |
| Garage spaces | 1.5 |
| Water / Sewer | Well / Septic |
| Parcel number | 00801600500 |
| Listing office | Coldwell Banker Professionals |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $71,700 | about $107,450 |
| Yearly property tax | $1,130 | about $3,102 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,972 a year more than this seller pays. The assessor's state equalized value (SEV) is $71,700. 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 Elba Township's 2025 homestead rate of 28.87 mills and assumes you claim the homestead exemption. See Elba Township'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 2026-11-03T10:57+00:00; refreshed at least twice daily.