For Sale
59155 Yeatter Road, Colon, MI 49040
$550,000
MLS # 26027686 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,600 sqftBuilt 19301.5 acres
1 / 49
Listing Description
Welcome to Palmer Lake! This charming 3-bedroom, 1.5- bath home offers 90 feet of beautiful lake frontage and sits on a total of 1.5 acres. Enjoy stunning water views, direct lake access and plenty of space for recreation and storage. The property features an attached 1-car garage plus a large pole barn located across the street from the home and lake- perfect for storing boats, vehicles, and outdoor equipment. This move-in-ready lake retreat includes a pontoon boat and a newer aluminum dock, making it easy to start enjoying lake life right away. Additional updates include a new roof installed in 2023. Whether you're looking for a year-round residence or weekend getaway, this Palmer Lake property offers the perfect blend of comfort, connivence, and waterfront living. DONT WAIT! Call today!!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,600 sq ft home built in 1930 sits in Colon.
Listed at $550,000 (about $344/sq ft).
Property tax estimate: $1,865 per year ($155/month). 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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,600 sqft
Lot Size1.5 acres
Year Built1930
Stories2
Location
CityColon
MunicipalityColon Twp
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleCape Cod
ConstructionVinyl Siding
BasementMichigan Basement
Garage1 space
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed6/6/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,865
Tax Year2025
Assessed Value$60,191
Parcel #002-250-023-00
Source: SparkMLS
Legal Description
00225002300
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kinslea Hall Elevate Team
Michigan Top Producers
Frequently Asked Questions about 59155 Yeatter Road, Colon, MI 49040
What school district is 59155 Yeatter Road, Colon, MI 49040 in?
Per MLS# 26027686, this property is served by Colon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 59155 Yeatter Road, Colon, MI 49040?
Per MLS# 26027686, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26027686, the most recent reported annual property tax for 59155 Yeatter Road, Colon, MI 49040 is $1,865 (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.
Is 59155 Yeatter Road, Colon, MI 49040 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 59155 Yeatter Road, Colon, MI 49040 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Colon Twp police department or the St. Joseph County sheriff's office.
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Mortgage Calculator
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Monthly payment$3,567
Principal & interest$3,567
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
59155 Yeatter Road, Colon, MI 49040
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