Statement of Interest to Purchase (Vacant Land)

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To purchase Ingham County Land Bank vacant land, complete the form below. The requirements below must be met and restrictions must not be violated to purchase vacant land from the Land Bank. This application will not be processed if not completed in its entirety. 

Land Bank Property Information

Background

This parcel was purchased using federal funding, as well as demolished using federal funds. Because of the funding source, the Ingham County Land Bank is restricted to whom they can sell certain properties to and for what purpose. All lots will be sold at fair market value (as determined through an appraisal). In addition, the end use must meet the intent and guidance provided by the City of Lansing “Master Plan.” This end use will vary between properties according to the “Master Plan.”

Buyer Restrictions for an adjacent property owner

The Buyer of this parcel must own and reside in an adjacent property. The Buyer cannot have a history of violations with the City of Lansing Zoning or Property Maintenance Codes. Buyer must have all property taxes and assessments paid up to date and not have been the prior owner of any tax-foreclosed property in Ingham County.

Buyer Restrictions for a developer

A developer who wishes to purchase a vacant parcel with federal funds invested in it, must pass certain restrictions through to the renter/buyer of the parcel after development. These restrictions will include income eligibility and may include an owner occupancy covenant or homebuyer education classes. The Ingham County Land Bank, in keeping with the City of Lansing “Master Plan” and the City of Lansing Office of Community Development will have final approval of the end use of this parcel in order to meet our “eligible disposition” requirements with the federal government. 

Property Use Restrictions

The buyer of this parcel is restricted to use the property in accordance with all City of Lansing Zoning and Property Maintenance Ordinances. For instance, the parcel cannot be used for a parking lot or an accessory building such as a detached garage. Some properties may not be eligible to combine with adjacent lots or eligible to be split between two adjacent property owners. The “Master Plan” determines this. Deed restrictions or covenants will be used to ensure uses are carried through to new owners. Details on each property’s restrictions are available at the Ingham County Land Bank. On a case-by-case basis, exceptions may be granted.

Buyer Information
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Acknowledgement

By submitting this form, you are acknowledging that you understand there are certain restrictions and requirements attached to the parcel you are interested in. You also agree to provide required information to show your eligibility. This may include income information and income tax information for all household members. The Ingham County Land Bank reserves the right to decline any or all offers if the end use does not meet federal eligibility requirements or meet requirements of the City of Lansing Zoning Ordinance or Master Plan.

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Looking to buy a property

Interested in a Land Bank property? Fill out our contact form or call our Land Bank sales team at 517-267-5221.

Reporting an issue

Does a Land Bank property in your neighborhood have an issue we need to know about such as a downed tree or sidewalk that needs shoveling? Report the problem on our contact form or call one of our Land Bank team members at 517-267-5221.

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Ingham County Land Bank 3024 Turner Street Lansing, Michigan 48906 517.267.5221