Sold
560 Cherry Lane, Decatur, MI 49045
Sold on 03/28/2025 for$175,000
MLS # 24064095 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,100 sqftBuilt 19650.33 acres
1 / 9
Listing Description
Lovely, well-maintained 2 bed 1 bath ranch home with a 2 car garage. Home has an additional half bath and extra rooms in it's full size basement. Located on a corner lot in the Village of Decatur. Located just 7 miles from I-94.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,100 sq ft home in Decatur Village in Decatur built in 1965.
Closed at $175,000 (about $159/sq ft).
Estimated annual property tax: $3,174, or about $265 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. Fiber internet is available at this address with download speeds up to 2,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area1,100 sqft
Lot Size0.33 acres
Year Built1965
Stories1
Location
CityDecatur
MunicipalityDecatur Vllg
Zip Code49045
CountyVan Buren
School DistrictDecatur
Construction & Systems
StyleRanch
ConstructionVinyl Siding, Wood Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed12/29/2024
Sold Date3/27/2025
Original Price$190,000
Terms AcceptedCash, FHA, VA Loan, Conventional
Concessions$5,250
Source: SparkMLS
Tax Information
Annual Tax$1,310
Tax Year2024
State Equalized Value$65,100
Taxable Value$42,821
Assessed Value$42,821
Homestead (PRE)100%
Parcel #80-43-080-004-10
Source: Public Records
Legal Description
1051-C29 18-4-14 749-882 993-567 1187-935 1413-701 1657-598 * LOT 29 LAKEVIEW PARK NO. 2
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAPrice & Status History
Mar 28, 2025
Sale recorded
$175,000
Dec 30, 2024
Listed for sale
$190,000
Listed by Rachel Voorhees
Gale Realty, LLC
Frequently Asked Questions about 560 Cherry Lane, Decatur, MI 49045
Which school district serves 560 Cherry Lane, Decatur, MI 49045?
Per MLS# 24064095, 560 Cherry Lane, 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 financing options are available for 560 Cherry Lane, Decatur, MI 49045?
Per MLS# 24064095, 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 560 Cherry Lane, Decatur, MI 49045?
Per public tax records, annual property taxes for this property are $1,310 (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, 560 Cherry Lane, 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 560 Cherry Lane, 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 560 Cherry Lane, Decatur, MI 49045. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 560 Cherry Lane, 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.
Map
Tax Estimate
$
Annual tax$3,174
Monthly$265
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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%
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Monthly payment$1,432
Principal & interest$1,167
Property taxes$265
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
2 Gbps
Upload
2 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
Surf InternetFiber
2 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 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
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
560 Cherry Lane, Decatur, MI 49045
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Municipality
Decatur Village
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