For Sale
203 E Delaware Street, Decatur, MI 49045
$140,000
MLS # 25034674 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19000.19 acres
1 / 14
Listing Description
Investment opportunity. 2 unit (up & down) located in the Village of Decatur, MI. Units are currently vacant for market availability. Utilities are separately metered. The property is being sold in ''as is'' condition.
Source: SparkMLS
About this home
Listed at $140,000.
Estimated annual property tax: $2,136, or about $178 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 TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.19 acres
Year Built1900
Location
CityDecatur
MunicipalityDecatur Vllg
Zip Code49045
CountyVan Buren
School DistrictDecatur
Construction & Systems
ConstructionVinyl Siding
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed4/15/2026
Original Price$150,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,708
Tax Year2025
State Equalized Value$43,800
Taxable Value$23,293
Assessed Value$24,015
Parcel #80-43-040-440-00
Source: Public Records
Legal Description
832 20-4-14 713-537 744-137 1000-141 1710-304 1710-322 1762-403/8 *** LOT 10. EXCEPT W 12 FT THEREOF. ALSO EXCEPT N 2 RODS THEREOF. BLOCK M 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 JoAnne Potts
Chuck Jaqua, REALTOR
Frequently Asked Questions about 203 E Delaware Street, Decatur, MI 49045
Which school district serves 203 E Delaware Street, Decatur, MI 49045?
Per MLS# 25034674, 203 E Delaware Street, Decatur, MI 49045 is in the Decatur boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Decatur directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25034674, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 203 E Delaware Street, Decatur, MI 49045?
Per public tax records, annual property taxes for this property are $1,708 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 203 E Delaware Street, Decatur, MI 49045 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 203 E Delaware Street, Decatur, MI 49045 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 203 E Delaware Street, Decatur, MI 49045?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Consumers Energy Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in 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$2,136
Monthly$178
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$1,086
Principal & interest$908
Property taxes$178
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
203 E Delaware Street, Decatur, MI 49045
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