For Sale
116 W Sherwood Street, Decatur, MI 49045
$309,900
MLS # 26033685 (Michigan Regional Information Center (MichRIC))
4 beds2 baths2,860 sqftBuilt 18610.47 acres
1 / 34
Listing Description
Step back in time without sacrificing modern comfort in this impeccably maintained Italianate masterpiece. Situated on two pristine village lots totaling approx ½ acre, this historic home showcases breathtaking original woodwork, hardwood floors, soaring ceilings, replacement windows, and a magnificent, curved staircase. Every major component reflects years of careful stewardship, including a metal roof, central air, gas furnace, and numerous updates. The charming detached carriage house/garage complements the home's timeless architecture. Outside, manicured landscaping creates exceptional curb appeal. Located in the heart of Decatur, you'll enjoy nearby parks, a public beach, farmers market, brew pub, local shopping, and year-round community events. Historic elegance, modern reliability, and unmatched pride of ownership--all in one remarkable property.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 2,860 sq ft home built in 1861 sits in Decatur.
Currently offered at $309,900 (about $108/sq ft).
Property tax estimate: $3,004 per year ($250/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Indiana Michigan Power Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,860 sqft
Lot Size0.47 acres
Year Built1861
Stories2
Location
CityDecatur
MunicipalityDecatur Vllg
Zip Code49045
CountyVan Buren
School DistrictDecatur
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementCrawl Space, Michigan Basement
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer
InteriorBroadband, Garage Door Opener, Eat-in Kitchen
Sale & Financing
Listed7/2/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,016
Tax Year2025
State Equalized Value$61,600
Taxable Value$36,906
Assessed Value$39,077
Homestead (PRE)100%
Parcel #80-43-040-282-00
Source: Public Records
Legal Description
697 20-4-14 1238-864 1510-107 1633-37/8 * LOTS 6 & 7. BLOCK C ORIGINAL PLAT OF DECATUR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Amy Rose
Rose Real Estate LLC
Frequently Asked Questions about 116 W Sherwood Street, Decatur, MI 49045
What school district is 116 W Sherwood Street, Decatur, MI 49045 in?
Per MLS# 26033685, this property is served by Decatur. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26033685, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26033685, the most recent reported annual property tax for 116 W Sherwood Street, Decatur, MI 49045 is $2,016 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 116 W Sherwood Street, Decatur, MI 49045 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 116 W Sherwood Street, Decatur, MI 49045 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Decatur Vllg police department or the Van Buren County sheriff's office.
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Tax Estimate
$
Annual tax$3,004
Monthly$250
Millage rate48.7634 mills
Municipality: Village of Decatur
School district: DECATUR PUBLIC SCHOOLS
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$2,260
Principal & interest$2,010
Property taxes$250
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
116 W Sherwood Street, Decatur, MI 49045
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