Sold
241 John Street, Colon, MI 49040
Sold on 08/29/2025 for$195,000
MLS # 25026060 (Michigan Regional Information Center (MichRIC))
1 bed1 bath832 sqftBuilt 19300.65 acres
1 / 34
Listing Description
Enjoy 150' of waterfront on Palmer lake! This 832sf cottage is located on a .65acre lot and offers an oversized 2 car detached garage. Whether you love to boat, kayak or fish; this property has so much potential! With rustic finishes, this cottage will get you on the lake at a great price; or consider building your dream home on an amazing parcel! The interior which once was more divided, now has an open floor plan; with the kitchen and dining room on one side and living room bedroom on the other side. The home offers a sunroom and wrap around porch to enjoy lake views and summer breezes! The home has a metal roof, basement for plenty of storage (exterior access), and don't miss the pull down stairs to the attic with extra space!
Source: SparkMLS
About this home
1-bedroom, 1-bath, 832 sq ft home in Colon Village in Colon built in 1930.
Final sale price: $195,000 (about $234/sq ft).
Estimated annual property tax: $1,483, or about $124 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. Broadband is available with download speeds up to 1,000 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms1
Bathrooms1
Living Area832 sqft
Lot Size0.65 acres
Year Built1930
Stories1
Location
CityColon
MunicipalityColon Vllg
Zip Code49040
CountySt. Joseph
School DistrictColon Community School District
Construction & Systems
StyleRanch
ConstructionOther
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/3/2025
Sold Date8/28/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,483
Tax Year2024
Assessed Value$49,468
Parcel #041 075 004 00
Source: SparkMLS
Legal Description
LOTS 4 & 5 ASSESSORS PLAT NO 3 SEC 14 T6S R9W. VIL 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 Kerry L Keefer Fischer
Five Star Real Estate
Frequently Asked Questions about 241 John Street, Colon, MI 49040
Which school district serves 241 John Street, Colon, MI 49040?
Per MLS# 25026060, 241 John Street, Colon, MI 49040 is in the Colon Community School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Colon Community School District directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25026060, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 241 John Street, Colon, MI 49040?
Per public tax records, annual property taxes for this property are $1,483 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 241 John Street, Colon, MI 49040 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 241 John Street, Colon, MI 49040 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 241 John Street, Colon, MI 49040. The maximum advertised download speed is 1.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 241 John Street, Colon, MI 49040?
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.
What is the crime rate in 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$1,135
Principal & interest$1,135
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Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
9 providers at this address
SpectrumCable
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TLicensed Fixed Wireless
25 MbpsT-MobileLicensed Fixed Wireless
25 MbpsFrontierDSL
10 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
241 John Street, Colon, MI 49040
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Municipality
Colon Village
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