540 Cherry Ln is a 1,782 square foot house on a 0.82 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Decatur data, we estimate the home's value is $241,296.
Single-familyProperty Type
1973Year Built
0.82 acresLot Size
$135Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$241,296
$4,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 22.4% higher than the average sale price ($197K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,217 (+3.0%)
2024
$3,123 (+6.0%)
2023
$2,947 (+2.1%)
2022
$2,888 (+12.6%)
2021
$2,566 (−1.5%)
2020
$2,605 (+7.3%)
2019
$2,427 (+2.0%)
2018
$2,379 (+2.7%)
2017
$2,318 (+1.0%)
2016
$2,294 (−10.7%)
2014
$2,570
Tax history for 540 Cherry Ln
Year
Property tax
Land + Additions
Assessment*
2025
$3,217 (+3.0%)
2024
$3,123 (+6.0%)
2023
$2,947 (+2.1%)
2022
$2,888 (+12.6%)
2021
$2,566 (−1.5%)
2020
$2,605 (+7.3%)
2019
$2,427 (+2.0%)
2018
$2,379 (+2.7%)
2017
$2,318 (+1.0%)
2016
$2,294 (−10.7%)
2014
$2,570
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,782
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Exterior
Exterior Information
Building Style Type: Ranch
Property Information
Subdivision Name: LAKEVIEW PARK 2
Living Sq. Ft: 1,782
Ground Floor Sq. Ft: 1,782
Building Sq. Ft: 1,782
Legal Description: 1051-C27 18-4-14 618-876 1775-404 1775-405 1775-406 1775-447 LOTS 26-27 & 28. EX BEG AT MOST SLY COR OF SD LOT 26, TH N 58 DEG-24'-29" W 138.75', TH N 36 DEG-51'- 56" E 34.98', TH SELY TO PT ON NLY L OF CHERRY LANE 31.42' FROM BEG, TH SWLY ALG CHERRY LANE 31.42' TO BEG. LAKEVIEW PARK NO. 2 SWLY ALG CHERRY LANE 31.42' TO BEG. LAKEVIEW PARK NO. 2
Parking & Garage Information
Garage/Parking Sq. Ft: 616
Lot Information
# of Buildings: 1
Land Sq. Ft: 35,684
Legal Lot Number: 26
Municipality Name: DECATUR VLG
Acres: 0.8192
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 1,782
Stories: —
Lot Size: 0.82 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: —
County: Van Buren County
APN: 80-43-080-003-02
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Davis Elementary School
Public K-5 • Assigned • 0.2mi
8/10
Decatur High School
Public 6-12 • Assigned • 0.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Decatur, MI • 49045
Average low and high temperatures (°F)
29
17
36
22
53
33
61
42
68
48
80
61
84
66
80
62
78
57
66
46
49
37
36
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$230,000 – $278,000
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