Pending

Price cut: $20K (7/21)

$275,000

4982 N Foster St, Fountain, MI 49410

4beds

3,076sqft

$1,868/mo

Get pre-qualified

Single Family Residence

Built in 1900

1.62 Acres Lot

$-- Zestimate^®

$89/sqft

$-- HOA

What's special

New furnaceStorm doors

Timeless charm, exceptional space, and unlimited potential come together on this well-maintained Northern Michigan property. Offering over 3,000 square feet of living space and ownership of an entire 1.6-acre village block, this rare opportunity provides room to live, grow, and invest. The expansive parcel offers potential for additional structures, multifamily development, or lot splits, subject to village approval. Numerous improvements have been completed within the last 10 years, including a new furnace, well pressure tank, storm doors, and a new roof on the impressive 38' x 40' two-story barn. The pellet stove provides economical supplemental heat during Northern Michigan winters, and over one ton of pellets is included for the first heating season. Located just a short drive from Ludington State Park, the Pere Marquette River, and countless inland lakes, this unique property combines comfortable living, outdoor recreation, and future development potential.

93 days
597
33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Upper
Area: 195
Dimensions: 13.00 x 15.00

Bedroom 2

Level: Upper
Area: 99
Dimensions: 11.00 x 9.00

Bedroom 3

Level: Upper
Area: 117
Dimensions: 13.00 x 9.00

Bedroom 4

Level: Upper
Area: 99
Dimensions: 11.00 x 9.00

Primary bathroom

Level: Upper
Area: 63
Dimensions: 9.00 x 7.00

Bathroom 1

Level: Main
Area: 54
Dimensions: 9.00 x 6.00

Dining room

Level: Main
Area: 483
Dimensions: 23.00 x 21.00

Family room

Level: Main
Area: 483
Dimensions: 23.00 x 21.00

Kitchen

Level: Main
Area: 195
Dimensions: 13.00 x 15.00

Laundry

Level: Main
Area: 150
Dimensions: 15.00 x 10.00

Living room

Level: Main
Area: 336
Dimensions: 16.00 x 21.00

Office

Level: Main
Area: 108
Dimensions: 9.00 x 12.00

Heating

Forced Air, Wood

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level

Features

LP Tank Rented
Basement: Partial
Number of fireplaces: 1

Interior area

Total structure area: 3,076
Total interior livable area: 3,076 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Garage Door Opener, Detached
Garage spaces: 3

Features

Stories: 2

Lot

Size: 1.62 Acres
Dimensions: 265 x 265
Features: Corner Lot

Details

Parcel number: 04360400100
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Gas: LP Tank Rented
Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Fountain

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $67,747
Annual tax amount: $2,026
Date on market: 6/3/2026
Listing terms: Other,Cash,FHA,VA Loan,USDA Loan,MSHDA,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$2,500/mo

Price history

Date	Event	Price
8/22/2026	Pending sale	$275,000$89/sqft
Source: MichRIC #26026817 Report a problem
7/21/2026	Price change	$275,000-6.8%$89/sqft
Source: MichRIC #26026817 Report a problem
7/15/2026	Price change	$295,000-4.8%$96/sqft
Source: MichRIC #26026817 Report a problem
7/7/2026	Price change	$310,000-4.6%$101/sqft
Source: MichRIC #26026817 Report a problem
6/22/2026	Price change	$325,000-7.1%$106/sqft
Source: MichRIC #26026817 Report a problem
6/3/2026	Listed for sale	$349,900+434.2%$114/sqft
Source: MichRIC #26026817 Report a problem
8/1/1997	Sold	$65,500$21/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,616 +560.3%	$145,600 +22.8%
2024	$245	$118,600 +19.9%
2023	--	$98,900 +13.5%
2022	--	$87,100 +7.4%
2021	--	$81,100 +8.4%
2020	--	$74,800 +40.9%
2018	--	$53,100 -0.4%
2017	--	$53,300 -6%
2016	--	$56,700 -1.4%
2015	--	$57,500 -3%
2013	--	$59,300 -10.4%
2011	--	$66,200 -6.4%
2010	--	$70,700