4 days on RocketTour
$7,066 Closing Credit¹
#71025024022, Mark Wierenga, Listing Office: Five Star Real Estate GH
$649,900 List price
554 Madison Ave SE Grand Rapids, MI 49503
$7,718
Closing credit¹
4 beds
4 full, 1 partial
3,386 sqft
0.1 acres
$192 / sqft
House
Property details
About 554 Madison Ave SE
Step into timeless elegance with this beautiful turn-of-the-century Victorian home located in the highly sought-after Heritage Hill District. Rich in historic charm and character, this residence features ornate crown moldings, original hardwood floors, and a staircase that showcases the craftsmanship of a bygone era. Inside, you'll find a formal dining room perfect for entertaining, a cozy living room with a fireplace, and a 4-season room filled with natural light thanks to its abundance of windows. The kitchen and full upstairs bath offer the added comfort of heated floors, blending modern convenience with classic style. Enjoy morning coffee on the welcoming front porch or host gatherings on the private backyard patio.The oversized two-stall garage provides ample storage and parking, and the home is equipped with a new boiler system installed in 2022 for efficient heating. Located on a charming, walkable street with sidewalks and just down from the iconic Frank Lloyd Wright-designed Meyer May House, this is a rare opportunity to own a piece of Grand Rapids history in one of its most desirable neighborhoods.
Highlights
Home typeSingle Family Residence
HeatingHot Water, Natural Gas, Radiant
StatusActive
Size3,386 sqft
BasementYes
Lot size0.15 Acres
Year built1905
ParkingConcrete, Detached, Garage Door Opener, Garage Faces Side
MLS #65025021925
Garage2 spaces
FireplaceLiving Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Wood
- Fireplace: Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Parking: Concrete, Detached, Garage Door Opener, Garage Faces Side
- Architectural Style: Historic, Victorian
- Heating: Hot Water, Natural Gas, Radiant
- List Price: $649,900
- Price/SqFt: $191
- Annual Tax Amount: $7,676
- Tax Year: 2024
- Directions: US 131 to Wealthy, East To Madison, South to Home.
- Year Built: 1905
- Stories: 2
- Living Area: 3,386 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 65025021925
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: RE/MAX of Grand Rapids (Stndl)
- Office Phone: (616) 791-0110
- Listing Agent: Todd J Fencil
Disclaimer: 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: 5/28/2025, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,900
554 Madison Ave SE
$7,718
closing credit¹
Sell your home with Rocket and save even more!
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 26, 2019 | Home Sold | $411,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $310,600 | $7,676 |
| 2023 | $275,900 | $7,676 |
| 2022 | $239,400 | $7,676 |
| 2021 | $235,200 | $2,157 |
| 2020 | $222,600 | $2,157 |
| 2019 | $199,800 | $2,028 |
| 2018 | $173,100 | $2,053 |
| 2017 | $169,800 | $1,909 |
History based on county public records data.
Nearby schools
8
Grand Rapids Child Discovery Center
Public Charter KG-5
0.3 mi
•409 Lafayette Ave SE
6
Congress Elementary School
Public District PK-5
0.9 mi
•940 Baldwin St SE
4
Southwest Community Campus School
Public District PK-6
1.1 mi
•801 Oakland Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,341. Most Grand Rapids, MI residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
25%
<35k
46%
35k-100k
25%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
5%
Single, with Kids
17%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Tennis
Music Concerts
Pro Boxing
Where do the neighbors shop?
Crate & Barrel
H&M
IKEA
Where do the neighbors go to eat?
Starbucks
Chipotle
Quiznos
What do the neighbors drive?
BMW
Volkswagen
Lexus
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 554 Madison Ave SE
The listing price of 554 Madison Ave SE property is $649,900.
The property 554 Madison Ave SE is a house located in Grand Rapids, Michigan, 49503.
Active Listing: 554 Madison Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 554 Madison Ave SE are: Grand Rapids Child Discovery Center (GreatSchools Rating 8/10), Congress Elementary School (GreatSchools Rating 6/10), Southwest Community Campus School (GreatSchools Rating 4/10), Martin Luther King Leadership Academy (GreatSchools Rating 3/10), Gerald R Ford Academic Center (GreatSchools Rating 5/10), Grand Rapids Public Museum Middle School (GreatSchools Rating 3/10), Grand Rapids University Preparatory Academy (GreatSchools Rating 6/10), Covenant House Academy Grand Rapids (GreatSchools Rating 1/10), Grand Rapids Public Museum High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,676 (source: MLS/based on county public records data).
The last sale was on July 26, 2019 for $411,500 (source: MLS/tax record).
The property at 554 Madison Ave SE has 4 bedrooms and 4 full and 1 half bathrooms.
The property 554 Madison Ave SE is 3,386 SqFt (source: MLS/tax record).
The year of construction for 554 Madison Ave SE is 1905.
This home is located at 554 Madison Ave SE in Grand Rapids, MI and zip code 49503 in the Heritage Hill neighborhood. This 3,386 square foot home, which was built in 1905, sits on a 0.15 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $649,900.
In April 2025, from all listings sold in Grand Rapids, MI there were more than 167 sold above asking price, over 94 sold below and more than 57 were sold right at the asked price. The number of homes for sale in Grand Rapids, MI increased by 11.4% between March and April 2025. While the average time on the market in April 2025 was 21 days, the median list price was $310,440.
From Rocket Homes Real Estate and based on county public records data.