Now, own Madonna's fire-ravaged childhood home for $49,000

The childhood home of legendary singer Madonna, which was burnt in a 2008 arson attempt, has hit the market for less than $50,000.

The brick home in the neighborhood of Rochester Hills, about 30 minutes outside Detroit, MI, is listed for sale for a very affordable price: $48,600, reports the Fox News.

The price is low even for an area near Detroit; median Rochester Hills home values are $173,400.

Madonna shared the two-story home with her seven siblings, leaving home at age 18 to attend a few semesters at the University of Michigan before dropping out to pursue a dance career in New York City.

Her father and stepmother moved out of the Colonial-style home in July 2001, selling the home for $270,000.

The 1.3-acre property still retains significant fire damage and according to the listing ‘needs some work’.

The home has 4 bedrooms, 2 bathrooms, a fireplace in the library and an attached two-car garage.