For Sale
120 Palmer Avenue, Colon, MI 49040
$129,000
MLS # 26006749 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,304 sqftBuilt 19450.2 acres
1 / 30
Listing Description
Welcome home to this charming 3-bedroom, 1-bath property located in the heart of Colon. This home offers affordable living with the ability to add your own personal touches and build equity. The fully fenced yard provides privacy and room to relax, entertain, or let pets play freely. A standout feature is the detached heated garage/workshop--perfect for hobbies, storage, or year-round projects. Conveniently located near local schools, this home offers a great combination of small-town charm and everyday convenience. Whether you're looking for your first home, a place to downsize, or an investment opportunity, this property has great potential. Schedule your showing today!
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,304 sq ft home in Colon Village in Colon built in 1945.
Currently offered at $129,000 (about $99/sq ft).
Estimated annual property tax: $481, or about $40 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,304 sqft
Lot Size0.2 acres
Year Built1945
Stories2
Location
CityColon
MunicipalityColon Vllg
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleCape Cod
ConstructionVinyl Siding
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer, High-Speed Internet
InteriorBroadband
Sale & Financing
Listed2/24/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$481
Tax Year2025
Assessed Value$34,535
Parcel #041-060-014-00
Source: SparkMLS
Legal Description
LOT 15 ASSESSORS PLAT NO 1 VILL OF COLON.
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 Lisa Wiersma
Five Star Real Estate (Holland)
Frequently Asked Questions about 120 Palmer Avenue, Colon, MI 49040
What school district is 120 Palmer Avenue, Colon, MI 49040 in?
Per MLS# 26006749, this property is served by Colon. 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# 26006749, 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# 26006749, the most recent reported annual property tax for 120 Palmer Avenue, Colon, MI 49040 is $481 (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 120 Palmer Avenue, Colon, MI 49040 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, 120 Palmer Avenue, Colon, MI 49040 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: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. 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 Colon Vllg police department or the St. Joseph County sheriff's office.
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Monthly payment$837
Principal & interest$837
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
120 Palmer Avenue, Colon, MI 49040
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Municipality
Colon Village
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