For Sale
161 Palmer Avenue, Colon, MI 49040
$159,000
MLS # 26029539 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,036 sqftBuilt 19000.17 acres
1 / 7
Listing Description
3 Bedroom Home with main floor laundry. Furnace is two years old. Home has had many updates the past few years.
Source: SparkMLS
About this home
Located in Colon Village in Colon, this property offers 3-bedroom, 1-bath, 1,036 sq ft, with original construction dating to 1900.
Listed at $159,000 (about $153/sq ft).
Annual property taxes run approximately $2,007 ($167/month). 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 Area1,036 sqft
Lot Size0.17 acres
Year Built1900
Stories2
Location
CityColon
MunicipalityColon Vllg
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementMichigan Basement, Partial
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, Land Contract, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,007
Tax Year2024
Assessed Value$36,800
Parcel #04106000700
Source: SparkMLS
Legal Description
N 1/2 OF LOT 8. 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 Tyler Milliman
Tyler Milliman Red Wood Realty
Frequently Asked Questions about 161 Palmer Avenue, Colon, MI 49040
What school district is 161 Palmer Avenue, Colon, MI 49040 in?
Per MLS# 26029539, 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# 26029539, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Rural Development, Land Contract, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26029539, the most recent reported annual property tax for 161 Palmer Avenue, Colon, MI 49040 is $2,007 (2024). 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 161 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, 161 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$1,031
Principal & interest$1,031
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
161 Palmer Avenue, Colon, MI 49040
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Municipality
Colon Village
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