For Sale
5420 S Kathryn Lane, Newaygo, MI 49337
$749,900
MLS # 26035628 (Michigan Regional Information Center (MichRIC))
5 beds3 baths2,920 sqftBuilt 201733.83 acres
1 / 74
Listing Description
Welcome to your affordable slice of lake life on beautiful Indian Lake! This 2-bedroom (easy to convert back to 3), 2-bath home offers all the benefits of waterfront living without the waterfront price tag. Enjoy private lake access to this desirable all-sports lake, complete with shared dock access for boating, fishing, swimming, and making the most of Michigan summers. Recent updates provide peace of mind, including a 3 year old roof and newer septic and well. The property is part of a friendly lake community featuring multiple parks and recreational areas for residents to enjoy. With low HOA dues, you'll have access to everything Indian Lake has to offer while keeping ownership affordable. Whether you're looking for a year-round residence, weekend getaway, or investment opportunity, this property is your chance to enjoy the lake lifestyle you've been dreaming of.
Source: SparkMLS
About this home
This 5-bedroom, 3-bath, 2,920 sq ft home built in 2017 sits in Newaygo.
Currently offered at $749,900 (about $257/sq ft).
Property tax estimate: $6,607 per year ($551/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area2,920 sqft
Lot Size33.83 acres
Year Built2017
Stories2
Location
CityNewaygo
MunicipalityCroton Twp
Zip Code49337
CountyNewaygo
School DistrictNewaygo
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementDaylight, Full
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesPhone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
InteriorGarage Door Opener, Eat-in Kitchen
Sale & Financing
Listed7/12/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,607
Tax Year2025
Assessed Value$225,001
Parcel #20-01-400-050
Source: SparkMLS
Legal Description
PT E 1/2 OF SEC COM S 1/4 COR S89D 04'E 660 FT, N00D 06'30
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 Felicia Kelley
Century 21 Circle
Frequently Asked Questions about 5420 S Kathryn Lane, Newaygo, MI 49337
Which school district serves 5420 S Kathryn Lane, Newaygo, MI 49337?
Per MLS# 26035628, 5420 S Kathryn Lane, Newaygo, MI 49337 is in the Newaygo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Newaygo directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26035628, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5420 S Kathryn Lane, Newaygo, MI 49337?
Per public tax records, annual property taxes for this property are $6,607 (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, 5420 S Kathryn Lane, Newaygo, MI 49337 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 5420 S Kathryn Lane, Newaygo, MI 49337 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 5420 S Kathryn Lane, Newaygo, MI 49337?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. 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 Croton Twp police department or the Newaygo County sheriff's office.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,864
Principal & interest$4,864
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5420 S Kathryn Lane, Newaygo, MI 49337
View full property history →
Get email alerts for new listings near 5420 S Kathryn Lane
We’ll notify you when new listings match your interests.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.