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141 Goodell St, Colon, MI, 49040

1beds
1baths
450sqft
$79,900
$178price/sqft
$693/moest. monthly cost
$27,720/yrincome needed

About This Home

Calling all investors, flippers, and DIY enthusiasts! This fixer-upper is full of potential and ready for your vision. Conveniently located near schools, parks, and downtown amenities, bring your ideas and transform this diamond in the rough into something special. Property is being sold as-is. *lake frontage and year built is still being determined

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

5/10
Colon Elementary SchoolGrades K-80.1 mi
5/10
Colon High SchoolGrades 6-120.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: None

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 450
  • Total interior livable area: 450 sqft

Property

Details

  • Parcel number: 04107502200
  • Zoning description: Residential

Features

  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Palmer Lake

Lot

  • Lot size: 0.27 Acres
  • Lot size dimensions: 47 x 229

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
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Drought
Hail
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters in St. Joseph County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $404$4,848
Home Insurance *$34$408
Property Taxes $67$804
Electricity $188$2,259
Total$693$8,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,760/yr
40% on housing$20,790/yr
45% on housing$18,480/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 49040$133
St. Joseph County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 49040$149
St. Joseph County$142

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

DateEventPrice
2026-07-30Listed for sale$79,900
2025-08-07Sold$56,000

For Sale by Agent

AgentMiriam E Eash
BrokerageMartell Realty Inc.

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