For Sale
205 W Sherwood Street, Decatur, MI 49045
$130,000
MLS # 26031016 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,700 sqftBuilt 19300.26 acres
1 / 21
Listing Description
Historic charm, abundant square footage, and so much potential make this ''diamond in the rough'' a standout value. The home is aging, mechanicals are outdated, and the kitchen & baths await a full transformation. Yet the bones are straight, the room sizes generous, and the architectural character irreplaceable. Bring your contractor, creativity, and vision; updates here will reward you with instant equity and a showpiece home.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,700 sq ft home in Decatur built in 1930.
Listed at $130,000 (about $76/sq ft).
Property tax estimate: $2,419 per year ($202/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
Bedrooms3
Bathrooms1
Living Area1,700 sqft
Lot Size0.26 acres
Year Built1930
Stories2
Location
CityDecatur
MunicipalityDecatur Vllg
Zip Code49045
CountyVan Buren
School DistrictDecatur
Construction & Systems
StyleVictorian
ConstructionWood Siding
BasementFull, Michigan Basement
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer
InteriorBroadband, Eat-in Kitchen
Sale & Financing
Listed6/21/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,776
Tax Year2026
State Equalized Value$49,600
Taxable Value$24,203
Assessed Value$25,626
Parcel #80-43-040-390-00
Source: Public Records
Legal Description
785 19-4-14 678-840 855-176 1097-616 1388-855 1441-968 E 1/2 OF LOT 2 BLOCK I 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 David Cerven
RE/MAX Advantage
Frequently Asked Questions about 205 W Sherwood Street, Decatur, MI 49045
Which school district serves 205 W Sherwood Street, Decatur, MI 49045?
Per MLS# 26031016, 205 W Sherwood 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.
What type of financing is accepted for this listing?
Per MLS# 26031016, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 205 W Sherwood Street, Decatur, MI 49045?
Per public tax records, annual property taxes for this property are $1,776 (2026). 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, 205 W Sherwood 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 205 W Sherwood 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 205 W Sherwood Street, Decatur, MI 49045?
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.
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$2,419
Monthly$202
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$1,045
Principal & interest$843
Property taxes$202
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
205 W Sherwood Street, Decatur, MI 49045
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