Detroit, Michigan
1 2 2
Price: $474,000
Beds: 10
Baths: 10
Square feet: 11,000

In Detroit's historic Indian Village stand dozens of elegant homes. Some, like this gated holdover from the city's Gilded Age, retain many of their original details.

In this mansion, prospective buyers will find original details like the neoclassical front entrance, brass and glass chandeliers, wainscoting, antique bathtubs and elaborate crown molding. There's even a nanny's suite and a carriage house with servant's quarters. There are also two solariums with arched windows looking out onto the one-acre, landscaped lot with a brick patio and multiple fountains.

Home prices within Detroit's city limits have declined for years, tracking the downturn of the auto industry. This home went on the market in July and has undergone a 5% price cut since.

Upkeep on a house this size is, of course, quite high, but low property taxes help to offset some of that cost.

For further information: Trulia

Last updated October 14 2011: 3:22 PM ET
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