For Sale
5540 New Meadow Drive, Ypsilanti, MI 48197
$275,000
MLS # 20261054533 (Realcomp)
3 beds2 baths1,336 sqftBuilt 19790.19 acres
1 / 26
Listing Description
Location, location, location. Conventiently located by shopping and quick access to the 94 Freeway. Blocks away from our 98 acre beautiful ford lake. This ranch property looks and feels much larger than the 1400 square feet it shows on paper. Three large bedrooms, one and half bathrooms . With a full functional basement. There is a patio and a deck with a very large backyard. This home is equipped with a full "Generac" Generator. This property served as the hub of family functions and entertainment. It's ready for you to make this your home and create your own family memories. (OPEN HOUSE THIS SUNDAY 1-3PM)
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,336 sq ft home in Ford Lake Village in Ypsilanti built in 1979.
Asking $275,000 (about $206/sq ft).
Annual property taxes run approximately $4,498 ($375/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,336 sqft
Lot Size0.19 acres
Year Built1979
Stories1
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionVinyl Siding
Garage2 spaces
HeatingForced Air
InteriorHome Warranty
Sale & Financing
Listed7/14/2026
Terms AcceptedCash, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,498
Parcel #K01122166281
Source: SparkMLS
Legal Description
YP#173-281 LOT 281 SMOKLER TEXTILE SUB NO.3
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 Charise Hinton
Hinton Real Estate Group
Frequently Asked Questions about 5540 New Meadow Drive, Ypsilanti, MI 48197
Which school district serves 5540 New Meadow Drive, Ypsilanti, MI 48197?
Per MLS# 20261054533, 5540 New Meadow Drive, Ypsilanti, MI 48197 is in the Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ypsilanti directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261054533, this listing accepts Cash, FHA, VA Loan 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 5540 New Meadow Drive, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,498. 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, 5540 New Meadow Drive, Ypsilanti, MI 48197 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 5540 New Meadow Drive, Ypsilanti, MI 48197 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 5540 New Meadow Drive, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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 source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,784
Principal & interest$1,784
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5540 New Meadow Drive, Ypsilanti, MI 48197
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Neighborhood
Ford Lake Village
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Community
Ypsilanti
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County
Washtenaw County
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