$8,905 Closing Credit¹
#201832900, Billy Andrew, Listing office: COLDWELL BANKER SCHMIDT INDIAN RIVER
$1,395,000 List price
5997 Prospect St Indian River, MI 49749
$10,000
Closing credit¹
3 beds
2 full, 1 partial
0.6 acres
House
Property details
About 5997 Prospect St
Unmatched riverfront living on the Indian River—your personal gateway to the Inland Waterway! This extensively remodeled property offers two levels of living, a main-floor primary suite, and an open-concept kitchen, dining, and living area. Enjoy stunning river views from the expansive deck and stone patio with firepit. The riverside boathouse has been converted into a recreational space with gathering space, kitchenette, half bath, and covered porch—perfect for all-weather fun. From the pristine landscaping to the welcoming outdoor spaces and roomy 3-car garage for all of your vehicles, toys and storage, this home is designed for easy living and outdoor adventure. Watch boats drift by and experience Northern Michigan living at its best!
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
Lot size0.61 Acres
ParkingGarage Door Opener
MLS #201834969
Attached garage3 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Ceiling Fan(s)
- Flooring Type: Hardwood
- Interior: Blinds, Ceiling Fan, Jenn-Air Type, Vaulted Ceiling(s), Walk-In Closet(s), Doorwall, 1st Flr Master Bdrm
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Garage Door Opener
- Exterior: Automatic Generator, Cable TV, Deck, Hot Tub, Landscaped, Patio/Porch
- Architectural Style: Ranch
- Heating: Central, Forced Air, Natural Gas
- List Price: $1,395,000
- Annual Tax Amount: $7,027
- Tax Year: 2024
- Directions: S. Straits Hwy to east on Prospect St to house on south side of road
- Lot Size: 0.61 Acres
- MLS Number: 201834969
- MLS Name: Water Wonderland Board of REALTORS®
- Office Name: COLDWELL BANKER SCHMIDT INDIAN RIVER
- Office Phone: (231) 238-9336
- Office Email: indianriver@cbgreatlakes.com
- Listing Agent: Billy Andrew
© 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: 6/24/2025, 2:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,395,000
5997 Prospect St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 11, 2020 | Home Sold | $483,000 |
| Oct 04, 2011 | Home Sold | $260,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $354,100 | $7,027 |
| 2023 | $324,400 | $3,692 |
| 2022 | $181,900 | $- |
| 2021 | $140,600 | $- |
| 2020 | $136,300 | $- |
| 2019 | $130,700 | $- |
| 2018 | $134,800 | $- |
| 2017 | $135,200 | $- |
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
9.9 mi
•5993 W Sholes St
8
Pellston Elementary School
Public District PK-5
12.6 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 $60,911. Typical income of Indian River, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
47%
35k-100k
25%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
5%
Single, with Kids
46%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Dillards
Wal-Mart
Where do the neighbors go to eat?
Applebees
Cracker Barrel
Hardee's
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
Classic Country
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5997 Prospect St
The listing price of 5997 Prospect St property is $1,395,000.
The property 5997 Prospect St is a house located in Indian River, Michigan, 49749.
Active Listing: 5997 Prospect St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5997 Prospect St 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), Alanson Public School (GreatSchools Rating 5/10), Wolverine Middlehigh School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,027 (source: MLS/based on county public records data).
The last sale was on September 11, 2020 for $483,000 (source: MLS/tax record).
The property at 5997 Prospect St has 3 bedrooms and 2 full and 1 half bathrooms.
This home is located at 5997 Prospect St in Indian River, MI and zip code 49749. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $1,395,000.
Indian River, MI housing market in May 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The inventory of homes for sale in Indian River, MI between April and May 2025 increased by 13%.
From Rocket Homes Real Estate and based on county public records data.