$3,324 Closing Credit¹
#201833813, Billy Andrew, Listing Office: COLDWELL BANKER SCHMIDT INDIAN RIVER
$339,000 List price
5477 Schultz Rd Indian River, MI 49749
$4,026
Closing credit¹
3 beds
2 full
1.5 acres
House
Property details
About 5477 Schultz Rd
Experience 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.
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Wood, Wood Stove
StatusActive
Lot size1.48 Acres
Year built1996
ParkingGarage Door Opener
MLS #201833852
Garage1 space
Summary
- Full Bathrooms: 2
- Appliances: Ceiling Fan(s)
- Interior: Ceiling Fan, Wood Laminate
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Garage Door Opener
- Exterior: Deck, Landscaped, Natural, Patio/Porch, RV Parking, Shed
- Architectural Style: 2+ Story
- Heating: Central, Forced Air, Wood, Wood Stove
- List Price: $339,000
- Annual Tax Amount: $4,064
- Tax Year: 2024
- Directions: From Indian River, South on Straits Hwy, Left on Fisher Woods Rd, Right on Wilson Rd to Shultz Dr(left)to sign on left.
- Year Built: 1996
- Lot Size: 1.48 Acres
- MLS Number: 201833852
- MLS Name: Water Wonderland Board of REALTORS®
- Office Name: The TEAM Real Estate Group
- Office Phone: (989) 732-6500
- Office Email: sales@gaylordrealtors.com
- Listing Agent: Margeaux L Rumbel
© 2025 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: 5/11/2025, 12:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$339,000
5477 Schultz Rd
$4,026
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 14, 2021 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $208,900 | $4,064 |
| 2023 | $193,600 | $3,921 |
| 2022 | $154,300 | $- |
| 2021 | $144,100 | $- |
| 2020 | $99,300 | $- |
| 2019 | $87,000 | $- |
| 2018 | $81,800 | $- |
| 2017 | $82,000 | $- |
History based on county public records data.
Nearby schools
3
Inland Lakes Elementary School
Public District KG-5
1.2 mi
•4363 S Straits Hwy
4
Wolverine Elementary School
Public District KG-6
7.7 mi
•5993 W Sholes St
8
Pellston Elementary School
Public District PK-5
14.1 mi
•114 Zipf St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,877. Residents of Indian River, MI typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
42%
<35k
44%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
40%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
Ram
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5477 Schultz Rd
The listing price of 5477 Schultz Rd property is $339,000.
The property 5477 Schultz Rd is a house located in Indian River, Michigan, 49749.
Active Listing: 5477 Schultz Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5477 Schultz Rd are: Inland Lakes Elementary School (GreatSchools Rating 3/10), Wolverine Elementary School (GreatSchools Rating 4/10), Pellston Elementary School (GreatSchools Rating 8/10), Petoskey Middle School (GreatSchools Rating 7/10), Cheboygan Middle School (GreatSchools Rating 8/10), Harbor Springs Middle School (GreatSchools Rating 6/10), Inland Lakes Secondary School (GreatSchools Rating 6/10), Wolverine Middlehigh School (GreatSchools Rating 5/10), Alanson Public School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $4,064 (source: MLS/based on county public records data).
The last sale was on May 14, 2021 for $200,000 (source: MLS/tax record).
The property at 5477 Schultz Rd has 3 bedrooms and 2 bathrooms.
The year of construction for 5477 Schultz Rd is 1996.
This home is located at 5477 Schultz Rd in Indian River, MI and zip code 49749. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $339,000.
While more than 3 listings in Indian River, MI in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of listings in Indian River, MI decreased by 11.5% between March and April 2025. Listings spent 41 days on the market in April 2025, and had a median list price of $377,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.