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Off market
  • $246,600

    55442 Indian Lake Rd, Dowagiac, MI 49047

    3beds
    2,155sqft
    SingleFamily
    Built in ----
    8,080 Square Feet Lot
    $246,600 Zestimate®
    $114/sqft
    $1,895 Estimated rent

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    $1,895/mo

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    $1,895/mo

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    $1,240/mo

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    $1,240/mo

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    What's special

    Indian Lake Club (ILC) is in its 122nd year, that's right, this is a leased land community since 1897. The ILC has one master lease for the 21 cottages in the Club that contracts a lease with the land owner. The same land owner has owned the lake property since the 1870s. Must be a cash deal as a mortgage is not possible. The Club has an HOA, by-laws, and a purchase is subject to Club approval. Very historic and friendly social neighborhood. The average ownership of a cottage in the same family is a remarkable 49 years within the ILC! Club lease with land owner and Club by-laws available upon request. Several million-dollar-plus homes built here in the last several years. VERY PRIVATE LOCATION with peaceful winding small paved road leading through the woods to the shore area. Ideal swimming beach. Annual lease approx. $10,300+/- per year, HOA annual approx. $750 with a one time purchase fee of $500.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,155 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,080 sqft
    Details
    • Parcel number: 1413050501400

    Construction

    Type & style
    • Home type: SingleFamily

    Community & neighborhood

    Location
    • Region: Dowagiac

    Other

    Other facts
    • Garage Type: Detached
    • Construction Type: Frame
    • Water Source Type: Private Well
    • Basement Type: Crawl
    • Residential Style: Cottage
    • View Lake: yes
    • HOA or Building Fee: 0.00
    • Entry Foyer: yes
    • Appliance Refrigerator: yes
    • Appliance Oven: yes
    • Appliance Dryer: yes
    • Appliance Washer: yes
    • Appliance Microwave: yes
    • Is Furnished?: yes
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $246,600
    2% more+$4,932
    With Zillow Showcase(estimated)$251,532