Under Contract
59998 Walters Trail, Colon, MI 49040
$325,000
MLS # 26024264 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,095 sqftBuilt 19370.23 acres
1 / 29
Listing Description
Cozy cottage retreat on beautiful Long Lake! This fully furnished 2-bedroom, 2-bath home offers a spacious family room with stunning lake views and the perfect gathering space for family and friends. Enjoy relaxing mornings and sunset evenings on the huge covered lakeside porch overlooking 50 feet of excellent frontage. The massive 2+ car garage includes a workshop, separate storage area for lake toys, and a finished loft ideal for a rec room, guest space, or endless possibilities. Whether you're looking for a weekend getaway or year-round living, this charming lakefront property is ready to enjoy!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,095 sq ft home in Colon built in 1937.
Asking $325,000 (about $297/sq ft).
Property tax estimate: $3,859 per year ($322/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
Bedrooms2
Bathrooms2
Living Area1,095 sqft
Lot Size0.23 acres
Year Built1937
Stories1
Location
CityColon
MunicipalityColon Twp
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesElectricity Available
InteriorGarage Door Opener, Eat-in Kitchen
Sale & Financing
Listed5/21/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,859
Tax Year2024
Assessed Value$77,200
Parcel #7500222000900
Source: SparkMLS
Legal Description
LOT 9 WALTERS GROVE EXC N 35.39 FT SEC. 27 T6S R9W. and
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 Nicholas Sharp
RE/MAX Elite Group T.R.
Frequently Asked Questions about 59998 Walters Trail, Colon, MI 49040
What school district is 59998 Walters Trail, Colon, MI 49040 in?
Per MLS# 26024264, this property is served by Colon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26024264, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26024264, the most recent reported annual property tax for 59998 Walters Trail, Colon, MI 49040 is $3,859 (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.
Is 59998 Walters Trail, 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, 59998 Walters Trail, Colon, MI 49040 is in flood zone X (minimal risk). 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.
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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Monthly payment$2,108
Principal & interest$2,108
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
59998 Walters Trail, Colon, MI 49040
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