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Backup Offers

5817 Lori Ln, Indian River, MI, 49749

$1,199,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,950 SqFt
$304/SqFt
House

Location

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5817 Lori Ln, Indian River$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
HeatingForced Air, Natural Gas
MLS #201830203
StatusAccepting Backup Offers
(Active w/Contingencies)

About 5817 Lori Ln

Large enough for everyone, located right on the Indian River Canal conveniently located between Burt and Mullett lakes on the Inland Waterway. Only a few hours out to the great lakes or boat the local waterway to the sand bars. New custom features include new en-suite bathroom, new flooring, paint, and more. Large attached 30x40 heated garage and 5 bedrooms 4 baths and a great income producing property. A very well kept two story home has almost 4,000 square feet of finished living space with indoor and outdoor entertainment area. The boat dockage is more that adequate with 125 feet of canal frontage. Open kitchen with plenty of cabinet and counter space to entertain or prepare food when all 5 bedrooms are occupied. This home does have weekly rentals booked for summer 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: 2+ Story
  • Living Area: 3,950 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Indian River
  • Office Phone: 231.238.7400
  • Listing Agent: Darren M Vizina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Landscaped, Patio/Porch

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Head North on Straits Hwy, over the Indian River Bridge then turn right onto on Gratiot rd, then to Bellchase Dr, Left on Arlene to Right on Lori Lane to house on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $304/SqFt
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Housing Market Comparison

See how this home compares to others in Indian River, MI.

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Indian River, MI

City

Med. Sold Price

$335K

Med. Price/SqFt

$189

# of Sold Homes

6

5817 Lori Ln vs Indian River

180 DAYS ON ROCKET

$1,199,000

+$864K More

$304/SqFt

+$115 More

KEY TAKEAWAY

This property is $864K more than the Median Sold Price and $115/SqFt more than other homes in Indian River, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #201830203

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Indian River
  • Office Phone: 231.238.7400
  • Listing Agent: Darren M Vizina

IDX © 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2018Home Sold
$405,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $191,700
2020 - $180,400
2019 - $176,900
2018 - $210,000
2017 - $211,200

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-935372
3
/10

  • Inland Lakes Elementary School

  • 4363 S Straits Hwy

  • 1.82 miles

  • Public District Grades KG-5

school-card-donut-935373
4
/10

  • Wolverine Elementary School

  • 5993 W Sholes St

  • 10.39 miles

  • Public District Grades KG-6

school-card-donut-935374
8
/10

  • Pellston Elementary School

  • 114 Zipf St

  • 12.38 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,911. Typical income of Indian River, MI residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5817 Lori Ln

What is the listing price of this property?

The listing price of 5817 Lori Ln property is $1,199,000.

What type of property is this?

The property 5817 Lori Ln is a house located in Indian River, Michigan, 49749.

Is this property for sale now?

Accepting Backup Offers: 5817 Lori Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

When was this property sold last time and for how much?

The last sale was on September 4, 2018 for $405,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5817 Lori Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5817 Lori Ln is 3,950 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Cheboygan County›Indian River›49749›5817 Lori Ln

This home is located at 5817 Lori Ln in Indian River, MI and zip code 49749. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $1,199,000.

While more than 1 listings in Indian River, MI in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Indian River, MI between October 2024 and November 2024 decreased by 13.5%.

From Rocket Homes Real Estate and based on county public records data.

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