$64,900

342 Lake Ave Ironwood, MI 49938

$771
Closing credit¹
3 beds
1 full
1,100 sqft
0.3 acres
$59 / sqft
House

Property details

About 342 Lake Ave

They say try to buy the worst home in the best neighborhood. This home in a preferred Lake Ave neighborhood does need some work and is underpriced for a quick sale. The bones of this 1950s ranch are solid and with some new flooring and paint along with some kitchen and bathrooms updates this Ironwood single level handicap assessable home could easily be transformed into a place you would be proud to call home. The seller has you off to an excellent start with updated 200amp electric, added insulation in the attic some new siding and a new front entry door. This home should be priced in the mid 70s, but it's yours today for $64,900.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size1,100 sqft
BasementYes
Lot size0.34 Acres
Year built1955
Parking2 Spaces, Paved Driveway
MLS #50173255

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Interior: None (InteriorFeatures)
  • Total Bedroom Count: 3
  • Private Pool: No
  • Parking: 2 Spaces, Paved Driveway
  • Waterfront: None
  • Exterior: Wheelchair Access, Deck
  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • List Price: $64,900
  • Price/SqFt: $59
  • Annual Tax Amount: $1,280
  • Tax Year: 2024
  • Directions: US-2; South on Curry; right on Lake Ave. Subject on the right about halfway down the street
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,100 SqFt
  • School District: Ironwood Area Schools
  • Lot Size: 0.34 Acres
  • MLS Number: 50173255
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: RANGELAND REAL ESTATE
  • Office Phone: (906) 364-3535
  • Office Email: Jesse@wupm1069.com
  • Listing Agent: JESSE BAROKA

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 4:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$64,900

342 Lake Ave

$771

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$35,015$1,280
2023$30,346$-
2022$25,485$-
2021$21,850$-
2020$23,007$-
2019$21,366$-
2017$20,980$-

History based on county public records data.

Nearby schools

7

Hurley Elementary School

Public District PK-5

1.9 mi

5503 W Range View Dr

5

Washington School

Public District KG-6

5.7 mi

301 E Sellar St

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 $35,851. The most common annual income of people living in Ironwood, MI is less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
44%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 342 Lake Ave

The listing price of 342 Lake Ave property is $64,900.

The property 342 Lake Ave is a house located in Ironwood, Michigan, 49938.

Active Listing: 342 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 342 Lake Ave are: Hurley Elementary School (GreatSchools Rating 7/10), Washington School (GreatSchools Rating 5/10), North Lakeland Elementary School (GreatSchools Rating 9/10), Luther L Wright K12 School (GreatSchools Rating 5/10), Gogebic County Community Education (GreatSchools Rating 4/10), Hurley High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $1,280 (source: MLS/based on county public records data).

The property at 342 Lake Ave has 3 bedrooms and 1 bathroom.

The property 342 Lake Ave is 1,100 SqFt (source: MLS/tax record).

The year of construction for 342 Lake Ave is 1955.

This home is located at 342 Lake Ave in Ironwood, MI and zip code 49938. This 1,100 square foot home, which was built in 1955, sits on a 0.34 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $64,900.

Over 0 listings were sold over their listed price in April 2025 in Ironwood, MI. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price. Between March and April 2025, Ironwood, MI real estate market has seen increase in the number of listings by 25.9%. In April 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $73,950.

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

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