120 Palmer Ave, Colon, MI, 49040
About This Home
Welcome home to this charming 3-bedroom, 1-bath property located in the heart of Colon. This home offers affordable living with the ability to add your own personal touches and build equity. The fully fenced yard provides privacy and room to relax, entertain, or let pets play freely. A standout feature is the detached heated garage/workshop--perfect for hobbies, storage, or year-round projects. Conveniently located near local schools, this home offers a great combination of small-town charm and everyday convenience. Whether you're looking for your first home, a place to downsize, or an investment opportunity, this property has great potential. Schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Refrigerator
- Laundry features: Laundry Room,Main Level
Basement
- Basement: Full
Bathroom1
- Level: Main
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bonus Room
- Level: Upper
Dining Area
- Level: Main
Features
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,304
- Total interior livable area: 1,304 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 04106001400
- Zoning description: Res
Features
- Stories: 2
- Fencing: Full
Lot
- Lot size: 8,712 sqft
- Features: Sidewalk,Ground Cover
- Lot size dimensions: 74*99*99*107
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Cold Wave
- Drought
- Hail
- Inland Flooding
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in St. Joseph County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $652 | $7,824 |
| Home Insurance * | $56 | $672 |
| Property Taxes | $212 | $2,544 |
| Electricity | $188 | $2,259 |
| Total | $1,108 | $13,296 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-25 | Listed for sale | $129,000 |
| 2016-08-03 | Sold | $63,500 |
| 2016-06-22 | Pending sale | $59,900 |
| 2016-04-27 | Listed for sale | $59,900 |
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