Foreclosure for Sale on E 1st St, Caspian, MI 49915

Foreclosures โ€บ Michigan โ€บ Iron โ€บ Caspian โ€บ E 1st St
Pre-foreclosure property at E 1st St, Caspian, MI 49915. Iron County foreclosure listing.
Pre-foreclosure Active 13 days on market
E 1st St, Caspian, MI 49915
Price TBD
Iron County ยท Michigan
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Property details
Listing type Preforeclosure
Property type Other
County Iron County
State Michigan
ZIP 49915
Days on Market 13 days
Listing ID 66356723
About this property

This home in Caspian, MI is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Iron County Market ยท Updated daily
Active Listings
8
Bank-Owned (REO)
1
Pre-Foreclosures
7

1 active foreclosure listings in Caspian, MI.

Browse all Iron County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Iron County foreclosures for additional guidance on the purchase process.
There are currently 1 active foreclosure listings in Caspian, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Caspian, MI Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 49915 ยท U.S. Census ACS
Population
576
Median Age
48.1 yrs
Households
258
Median Household Income
$50,417
Median Home Value
$47,900
Median Rent
$683/mo
Owner-Occupied
79% of homes
Vacancy Rate
21% of units
Unemployment Rate
8.9%

~10% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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