$190,000

1338 Terrace Ave Adrian, MI 49221

$2,256
Closing credit¹
4 beds
1 full
1,110 sqft
0.2 acres
$171 / sqft
House

Property details

About 1338 Terrace Ave

Discover your dream home in the heart of Adrian, just steps away from Adrian College. This beautiful 4-bedroom, main floor laundry residence boasts over 1,100 square feet of living space, featuring an updated full bathroom and a layout perfect for families or entertaining. Set on nearly a quarter acre, the property includes a convenient 2-car attached garage. Enjoy the fresh ambiance created by newer painted interiors, complemented by stylish light fixtures, and updated appliances, making this home move-in ready and waiting for you to make it your own.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s)
Size1,110 sqft
BasementYes
Lot size0.19 Acres
Year built1950
ParkingTwo Car Garage, Assigned 2 Spaces, Attached, Electricity in Garage, Garage, Street Parking, Garage Door Opener
MLS #56050178710
Attached garage2 spaces

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: High Speed Internet
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Two Car Garage, Assigned 2 Spaces, Attached, Electricity in Garage, Garage, Street Parking, Garage Door Opener
  • Architectural Style: Cape Cod
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $190,000
  • Price/SqFt: $171
  • Annual Tax Amount: $2,461
  • Tax Year: 2024
  • Year Built: 1950
  • Living Area: 1,110 SqFt
  • Lot Size: 0.19 Acres
  • MLS Number: 56050178710
  • MLS Name: Lenawee County Association of REALTORS
  • Office Name: Foundation Realty, LLC
  • Office Phone: (517) 266-8888
  • Listing Agent: Adam Keller

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1338 Terrace Ave, Adrian, MI 49221 - view of front facade with a garage, concrete driveway, a front lawn, and roof with shingles

$190,000

1338 Terrace Ave

$2,256

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 28, 2020
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2024$61,400$2,461
2023$57,100$-
2022$52,700$4,128
2021$48,100$1,500
2019$42,400$1,479
2018$39,200$1,404
2017$35,900$1,466

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District PK-5

0.5 mi

158 S Scott St

4

Alexander Elementary School

Public District KG-5

1.1 mi

520 Cherry St

3

Prairie Elementary School

Public District PK-6

1.5 mi

2568 Airport Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,429. Residents of Adrian, MI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
49%
35k-100k
14%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
65%
18-34 yrs old
19%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • DillardsDillards

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • HyundaiHyundai

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1338 Terrace Ave

The listing price of 1338 Terrace Ave property is $190,000.

The property 1338 Terrace Ave is a house located in Adrian, Michigan, 49221.

Active Listing: 1338 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1338 Terrace Ave are: Lincoln Elementary School (GreatSchools Rating 5/10), Alexander Elementary School (GreatSchools Rating 4/10), Prairie Elementary School (GreatSchools Rating 3/10), Springbrook Middle School (GreatSchools Rating 4/10), Madison Middle School (GreatSchools Rating 6/10), Patterson Intermediate Learning Center (GreatSchools Rating 5/10), Adrian High School (GreatSchools Rating 5/10), Adrian Community High School (GreatSchools Rating 1/10), Madison High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $2,461 (source: MLS/based on county public records data).

The last sale was on December 28, 2020 for $135,000 (source: MLS/tax record).

The property at 1338 Terrace Ave has 4 bedrooms and 1 bathroom.

The property 1338 Terrace Ave is 1,110 SqFt (source: MLS/tax record).

The year of construction for 1338 Terrace Ave is 1950.

This home is located at 1338 Terrace Ave in Adrian, MI and zip code 49221. This 1,110 square foot home, which was built in 1950, sits on a 0.19 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $190,000.

Adrian, MI housing market in May 2025 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 15 sold below. Between April and May 2025, Adrian, MI real estate market has seen increase in the number of listings by 4.7%. In May 2025 median list price was $189,580 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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