For Sale
140 Meadowwood Court, Decatur, MI 49045
$945,000
MLS # 26024256 (Michigan Regional Information Center (MichRIC))
4 beds5 baths4,239 sqftBuilt 19570.21 acres
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Listing Description
One of the most iconic Lakefront homes on Lake of the Woods in Decatur is now available. Don't miss this once in a lifetime opportunity to own this amazing home and property that has been a Decatur and Lake of the Woods showplace for many years. Welcome to 140 Meadowwood Court, an exceptional custom-built home offering over 4,200 square feet of beautifully designed living space located on Lake of the Woods Channel with over 140' of waterfront. Nestled on a spacious, tree-lined lot on Lake of the Woods, this impressive 4-bedroom, 4-bath residence combines timeless craftsmanship, generous entertaining areas, and peaceful surroundings all with aesthetic views of beautiful Lake of the Woods, the largest inland lake in Van Buren County. Step inside to discover expansive living spaces filled with natural light, including multiple gathering areas, formal dining space, and a thoughtfully designed floor plan ideal for both everyday living and entertaining. Make this your showplace today!!
Source: SparkMLS
About this home
Located in Decatur, this property offers 4-bedroom, 5-bath, 4,239 sq ft, with original construction dating to 1957.
Asking $945,000 (about $223/sq ft).
Estimated annual property tax: $28,931, or about $2,411 monthly. 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
Bathrooms5
Living Area4,239 sqft
Lot Size0.21 acres
Year Built1957
Stories2
Location
CityDecatur
MunicipalityDecatur Vllg
Zip Code49045
CountyVan Buren
School DistrictDecatur
Construction & Systems
StyleColonial
ConstructionBrick, Stone, Vinyl Siding
BasementFull, Walk-Out Access
Garage2 spaces
HeatingHot Water
WaterPublic
SewerPublic
InteriorCenter Island
Sale & Financing
Listed5/21/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$8,549
Tax Year2025
State Equalized Value$593,300
Taxable Value$228,335
Assessed Value$235,413
Homestead (PRE)100%
Parcel #80-43-050-022-00
Source: Public Records
Legal Description
1052-E22 19-4-14 774-545 1361-543 1626-312/3 *** BEG AT NE COR OF LOT 22, TH S 3 DEG 53'00
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 Mark Gale
Gale Realty, LLC
Frequently Asked Questions about 140 Meadowwood Court, Decatur, MI 49045
What school district is 140 Meadowwood Court, Decatur, MI 49045 in?
Per MLS# 26024256, 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# 26024256, 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# 26024256, the most recent reported annual property tax for 140 Meadowwood Court, Decatur, MI 49045 is $8,549 (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 140 Meadowwood Court, 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, 140 Meadowwood Court, 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$28,931
Monthly$2,411
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$8,540
Principal & interest$6,129
Property taxes$2,411
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
140 Meadowwood Court, Decatur, MI 49045
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