M
Seller's Agent in 2025
Margeaux Rumbel
The TEAM Real Estate Group
(810) 624-0756
27 Total Sales
5477 Schultz Rd Indian River, MI 49749
3
Beds
2
Baths
1,528
Sq Ft
64,469
Sq Ft Lot
Highlights
- Water Access
- RV Access or Parking
- Wood Burning Stove
- River Front
- Deck
- Main Floor Bedroom
About This Home
As of June 2025Experience a rare opportunity to own a breathtaking property along 415 feet of the renowned Blue Ribbon Sturgeon River in Northern Michigan. This scenic retreat is a paradise for outdoor enthusiasts, offering crystal-clear waters ideal for kayaking, canoeing, rafting, tubing, and world-class fishing. Manicured sandbars provide the perfect spots for relaxation along the river's edge.
This beautiful 3-bedroom, 2-bath home seamlessly blends modern comforts with rustic charm. Home boast a newer roof, artesian well, central air, new wood burning stove and a butlers pantry. Thoughtfully crafted wood accents by the seller add a unique touch of character throughout the home. Please see seller remarks or reach out to realtor. Home can be sold furnished, minus a few sentimental pieces. Personal items due not convey. Mirror in upstairs bath will not convey.
property has been marked with pink flags and reflectors along property to show the easement to the neighboring property. Property line is past the creek that runs thru property. Area left of garage is lighted camper storage with 30amp hookup for camper storage or extra guest.
Seller's will also have Kubota Z242kw-48 for sale.
Last Agent to Sell the Property
The TEAM Real Estate Group License #6501431442 Listed on: 03/28/2025
Last Buyer's Agent
Danielle Smith
MLS NON-MEMBER
Home Details
Home Type
- Single Family
Year Built
- Built in 1996
Lot Details
- 1.48 Acre Lot
- River Front
- Landscaped
Home Design
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
- Vinyl Construction Material
Interior Spaces
- 1,528 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Stove
- Living Room
- Dining Room
- Laminate Flooring
- Crawl Space
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1.5 Car Detached Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Water Access
- Deck
- Patio
- Shed
Schools
- Inland Lakes Elementary School
- Inland Lakes High School
Utilities
- Forced Air Heating System
- Heating System Uses Wood
- Well
- Septic Tank
- Septic System
Community Details
- No Home Owners Association
- T35n R3w Subdivision
Listing and Financial Details
- Assessor Parcel Number 161-036-200-019-01
- Tax Block 36
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Jun 13, 2025
Sold by
Dlugose Alicia
Bought by
Mcreynolds Martin and Mcreynolds Dominique
Seller's Agent
Margeaux Rumbel
The TEAM Real Estate Group
Buyer's Agent
Danielle Smith
MLS NON-MEMBER
List Price
$439,000
Sold Price
$339,000
Premium/Discount to List
-$100,000
-22.78%
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,413
Avg. Annual Appreciation
15.00%
Original Mortgage
$237,300
Outstanding Balance
$235,862
Interest Rate
6.81%
Estimated Equity
$139,551
Purchase Details
Listed on
Feb 16, 2021
Closed on
May 5, 2021
Sold by
Burchman Mae
Bought by
Dlugose Alicia
Seller's Agent
Chad Anderson
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Logan Lambdin
EXP Realty, LLC
Sold Price
$200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$190,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 25, 1998
Sold by
Burchman James
Bought by
Burchman James and Burchman Ae
Create a Home Valuation Report for This Property
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $200,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,300 | No Value Available | |
| Closed | $237,300 | New Conventional | |
| Previous Owner | $190,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $339,000 | 0.0% | $222 / Sq Ft | |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- | |
| 05/08/2025 05/08/25 | Price Changed | $339,000 | -19.1% | $222 / Sq Ft | |
| 05/02/2025 05/02/25 | Price Changed | $419,000 | -4.6% | $274 / Sq Ft | |
| 03/28/2025 03/28/25 | For Sale | $439,000 | +119.5% | $287 / Sq Ft | |
| 05/06/2021 05/06/21 | Sold | $200,000 | -- | $131 / Sq Ft | View Prior Sale |
| 03/05/2021 03/05/21 | Pending | -- | -- | -- |
Source: Water Wonderland Board of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,357 | $191,000 | $0 | $0 |
| 2024 | $1,993 | $208,900 | $0 | $0 |
| 2023 | $1,910 | $193,600 | $0 | $0 |
| 2022 | $1,819 | $154,300 | $0 | $0 |
| 2021 | $297 | $144,100 | $144,100 | $0 |
| 2020 | $470 | $99,300 | $99,300 | $0 |
| 2019 | $464 | $87,000 | $87,000 | $0 |
| 2018 | $269 | $81,800 | $0 | $0 |
| 2017 | $260 | $82,000 | $0 | $0 |
| 2016 | $257 | $68,300 | $0 | $0 |
| 2015 | -- | $73,100 | $0 | $0 |
| 2014 | -- | $108,200 | $0 | $0 |
| 2012 | -- | $10,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Margeaux Rumbel
-
D
Buyer's Agent in 2025
Danielle Smith
MLS NON-MEMBER
-
Chad Anderson
C
Seller's Agent in 2021
Chad Anderson
Berkshire Hathaway HomeServices-Cheboygan
(231) 818-0638
62 Total Sales
-
L
Buyer's Agent in 2021
Logan Lambdin
EXP Realty, LLC
Map
Source: Water Wonderland Board of REALTORS®
MLS Number: 201833852
APN: 161-036-200-019-01
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