For Sale
905 Elm Street, Colon, MI 49040
$775,000
MLS # 26027503 (Michigan Regional Information Center (MichRIC))
4 beds4 baths3,341 sqftBuilt 19600.18 acres
1 / 57
Listing Description
Lakefront living at its finest! This exceptional 4 bedroom, 3 ½ bath home offers an impressive 95 feet of frontage on beautiful Palmer Lake, a 440-acre all-sports lake known for boating, fishing, and endless waterfront recreation. The main level features 3 spacious bedrooms, 2 full baths, gleaming hardwood floors, quality Andersen windows, and a beautifully updated kitchen with quartz counter tops. All cabinetry and vanities throughout the home are custom made and have quartz counter tops. Exterior is hardie board siding. Expansive lake views create the perfect backdrop for everyday living and entertaining. The walkout lower level is designed for hosting family and friends, offering an additional primary suite, full kitchen, a large family room with a cozy gas fireplace, and a game room with an additional ½ bath. Step outside and enjoy the waterfront lifestyle with plenty of space for lakeside gatherings, boating, swimming, and sunrise views.
Source: SparkMLS
About this home
4-bedroom, 4-bath, 3,341 sq ft home in Colon Village in Colon built in 1960.
Asking $775,000 (about $232/sq ft).
Property tax estimate: $7,761 per year ($647/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
Bedrooms4
Bathrooms4
Living Area3,341 sqft
Lot Size0.18 acres
Year Built1960
Stories1
Location
CityColon
MunicipalityColon Vllg
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleRanch
ConstructionHardiPlank Type
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorCeiling Fan(s), Garage Door Opener
Sale & Financing
Listed6/4/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,761
Tax Year2025
Assessed Value$128,602
Parcel #041-160-014-01
Source: SparkMLS
Legal Description
S 35 FT OF VIL LOT 2 BLK 7 HILLS ADD. ALSO LOT 3 BLK 7 HILLS ADD. VIL OF COLON.
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 Randy E Sharp
RE/MAX Elite Group
Frequently Asked Questions about 905 Elm Street, Colon, MI 49040
Which school district serves 905 Elm Street, Colon, MI 49040?
Per MLS# 26027503, 905 Elm Street, Colon, MI 49040 is in the Colon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Colon directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26027503, this listing accepts Cash, FHA, VA Loan, Rural Development, MSHDA, 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 905 Elm Street, Colon, MI 49040?
Per public tax records, annual property taxes for this property are $7,761 (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, 905 Elm Street, Colon, MI 49040 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 905 Elm Street, Colon, MI 49040 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 905 Elm Street, Colon, MI 49040?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. 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 Colon Vllg police department or the St. Joseph County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$5,027
Principal & interest$5,027
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
905 Elm Street, Colon, MI 49040
View full property history →
Municipality
Colon Village
View all listings →
Get email alerts for new listings near 905 Elm Street
We'll notify you when something hits the market in Colon Village or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.