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54140 Indian Lake Rd

Dowagiac, MI 49047

3 bd 2 ba 1,456 sqft Built 2002 Lot 43,560 sqft mobile
Most recent sale
$187,500
Sep 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $200,000 MichRic
Sep 8, 2022 Listed $219,900 MLS #22038723
Sep 21, 2021 Sold $187,500 Public Record
Aug 2, 2021 Sold $187,500 MichRic
Oct 7, 2013 Sold $65,500 Public Record
Oct 1, 2013 Sold $65,500 MichRic
Aug 2, 2013 Listed $60,000 MLS #13046229

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $49,300 $494
2020 $47,100 $489
2019 $44,700 $1,188
2018 $49,700 $1,268
2017 $52,000 $1,195
2016 $49,900 $1,168
2015 $48,400 $1,017
2014 $45,100 $1,008
2013 $46,500 $1,045
2012 $51,600 $1,143
2011 $57,000 $1,253
2010 $64,800 $1,232
2009 $64,200 $1,260
2008 $65,400 $1,197

Property facts

Year built
2002
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
43,560 sqft
ZIP code
49047
City
Dowagiac
Street
Indian Lake Rd
Coordinates
42.01105, -86.20461

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,184
Gross rental yield
13.98%
Implied cap rate
9.09%
Trend-extrapolated value

Frequently asked questions

When did 54140 Indian Lake Rd last sell?
54140 Indian Lake Rd most recently sold on Sep 21, 2021 for $187,500.
What is the current tax assessment for 54140 Indian Lake Rd?
The most recent total assessment for 54140 Indian Lake Rd (year 2021) is $49,300 with $494 in property tax.
How does 54140 Indian Lake Rd's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $187,500.
When was 54140 Indian Lake Rd built?
54140 Indian Lake Rd was built in 2002.
How does 54140 Indian Lake Rd compare to others on Indian Lake Rd?
We track 8 other properties on Indian Lake Rd. Browse the list under "Other properties on Indian Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 54140 Indian Lake Rd?
54140 Indian Lake Rd is a 3 bed, 2 bath, 1,456 sqft, 43,560 sqft lot mobile.
Is 54140 Indian Lake Rd a flip candidate?
No — 54140 Indian Lake Rd does not appear in our flips dataset.
Is 54140 Indian Lake Rd a tax-appeal candidate?
No — 54140 Indian Lake Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.0%
Implied 1-yr
+32.1%
2026 Q3
$428.4K
2026 Q4
$451K
ZIP 49047 — Median Price History + Forecast

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