It appears someone was going for an all-out rehab of this Indian Village estate, but a snag somewhere down the line has left this house a shell of rough framing. Owners were asking $125K back in January, so it was confusing to see that just $45K will get you the keys today.
Turns out, this house is on the verge of foreclosure, meaning this $45K deed will put the buyer on the hook for nearly $27K in back taxes. Strangely enough, we wrote a post in 2011 about appealing unusually high property taxes featuring this exact house, which was being sold as a foreclosure at the time. All that's left to do is see if it makes it to the tax auction.
· 2225 Seminole [Craigslist]
· House Ready For You to Rebuild Interior [Curbed Detroit]
· Make Use of It: Only Two Weeks a Year to Argue Over Taxes [Curbed Detroit]