Off market aug 2025 for $225K

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Est. refi paymentEst. refi $165/mo

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•

— ba

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3,372

sq ft

608 Peterson Rd, Ionia, MI 48846

About this home

Opportunity to Own your Own Business! The Banner Event Venue (formally known as the Banner Grange Event Venue) just north of Ionia off M66 is ISO a new owner ready to take it to another level! Well known as a wedding venue but also caters towards graduation open houses, holiday parties, business and private events. Over 3300sq' of open span on the main level with an unexpected rustic log interior plus a full lower level mostly finished for an estimated 6,000sq'. The venue is handicap accessible, licensed for up to 250 guests and has 2 lower level and 1 main level restroom. The venue is located just over a 1/2 mile off M66 on a 5.15 acre parcel with frontage on 2 roads, features a 32x32 covered area, plenty of grounds for parking and onsite wedding ceremonies and outdoor events! CASH TERMS

1900Year Built

5.15 acresLot Size

$67Price/Sq.Ft.

Listed by MiRS STAFF • Five Star Real Estate (Courtland)

•616-884-4200 (broker)

Bought with Darin Elliott • Greenridge Realty (Ionia)

•616-527-3720 (broker)

Redfin checked: 2 minutes ago

•Source:MiRealSource-MiMLS #70450938

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 48846, MI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.4% MoM

Median sale price

$260K

$30K MoM

Avg. days on market

13d

3 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 22 HRS AGO
$255,000
2 beds1.5 baths1,348 sq ft
656 Peterson Rd, Ionia, MI 48846
NEW 25 HRS AGO
$309,900
4 beds1.5 baths2,409 sq ft
4065 40 Acre Town Rd, Ionia, MI 48846
$295,000
4 beds1 bath1,340 sq ft
92 Aldon Ln, Ionia, MI 48846
$134,000
2 beds1 bath958 sq ft
311 N State St, Ionia, MI 48846
(888) 227-1009
$295,000
3 beds1 bath1,336 sq ft
3480 Marquette Rd, Ionia, MI 48846
$379,900
5 beds3 baths2,494 sq ft
88 Meadowlark Dr, Ionia, MI 48846
$425,000
4 beds2 baths2,858 sq ft
821 Jefferson Rd, Ionia, MI 48846
$225,000
4 beds1.5 baths1,889 sq ft
650 Division St, Ionia, MI 48846
$279,900
3 beds1.5 baths1,996 sq ft
85 Holiday Dr, Ionia, MI 48846
See all

Provided by Redfin

Sale history for 608 Peterson Rd

Date

Event

Price

MiRealSource-MiMLS #70450938

Aug 21, 2025

Sold

$225,000

$67/sq ft

Jul 22, 2025

Listing Removed

—

Jul 22, 2025

Pending

—

Jul 20, 2025

Listing Removed

—

Jul 20, 2025

Pending

—

Jul 18, 2025

Listing Removed

—

Jul 18, 2025

Relisted

—

Jul 17, 2025

Price Changed

$225,000

$67/sq ft

Jun 24, 2025

Listing Removed

—

Jun 24, 2025

Relisted

—

Jun 11, 2025

Listing Removed

—

Jun 11, 2025

Relisted

—

May 6, 2025

Listing Removed

—

May 6, 2025

Relisted

—

May 5, 2025

Price Changed

$265,000

$79/sq ft

Apr 11, 2025

Listing Removed

—

Apr 11, 2025

Relisted

—

Apr 10, 2025

Listing Removed

—

Apr 10, 2025

Relisted

—

Apr 7, 2025

Listing Removed

—

Apr 7, 2025

Relisted

—

Mar 12, 2025

Listing Removed

—

Mar 12, 2025

Relisted

—

Mar 11, 2025

Listing Removed

—

Mar 11, 2025

Relisted

—

Mar 5, 2025

Listing Removed

—

Mar 5, 2025

Relisted

—

Mar 4, 2025

Price Changed

$295,000

$87/sq ft

Feb 7, 2025

Listing Removed

—

Feb 7, 2025

Relisted

—

Feb 6, 2025

Listing Removed

—

Feb 5, 2025

Listed

$325,000

$96/sq ft

Public Records

Oct 5, 2015

Sold

$24,000

$7/sq ft

Tax history for 608 Peterson Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

4.5 Acres

Year renovated

—

Sq. Ft.

3,372

Year built

—

Style

Single Family Residential

County

Ionia County

APN

120-036-000-050-03

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 12, 2026.

Property details

Exterior

Property Information
Year Built: 1900

Lot Information
Lot Size: 2,681,657,941,701,062,100

Land Information
Acreage: 5.15
Frontage: 268

Financial

Tax/Assessments Information
Taxable Value: $26,881
Total Tax Year: 2024
Total Tax Amount: $1,424

Location

Address Information
Street Designation: Road

Location Details
Directions: From starting point of M21 - north on M66 3.6 miles to Peterson Rd., west .6 mile to property.
Municipality: Orleans Twp
Area (Municipality): Orleans Twp (34012)

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 3,372
Stories: —
Lot Size: 4.5 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Ionia County
APN: 120-036-000-050-03

Home facts updated by county records on Oct 12, 2026

Around this home

Schools

R.B. Boyce Elementary School

Public PreK-5 • Assigned • 0.6mi

3/10

Ionia Middle School

Public 6-8 • Assigned • 3.9mi

5/10

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 98° 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, 2 days in 30 years

Provided by First Street

Historical weather

Ionia, MI • 48846

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Ionia. 3 minutes to get started.

Nearby similar homes

$352,800

Land— sq ft

S Greenville Rd, Greenville, MI 48838

$264,900

5 beds2 baths1,944 sq ft

506 N Lincoln Ave, Lakeview, MI 48850

$499,900

3 beds2 baths2,305 sq ft

25/29 S Greenville Rd, Greenville, MI 48838

FOR SALE BY OWNER

$750,000

6 beds3.5 baths3,231 sq ft

2929 Woods Rd, Ionia, MI 48846

$289,900

2 beds2 baths1,400 sq ft

2389 N State Rd, Ionia, MI 48846

New listings for sale in 48846

NEW 22 HRS AGO

$255,000

2 beds1.5 baths1,348 sq ft

656 Peterson Rd, Ionia, MI 48846

NEW 25 HRS AGO

$309,900

4 beds1.5 baths2,409 sq ft

4065 40 Acre Town Rd, Ionia, MI 48846

$295,000

4 beds1 bath1,340 sq ft

92 Aldon Ln, Ionia, MI 48846

$134,000

2 beds1 bath958 sq ft

311 N State St, Ionia, MI 48846

(888) 227-1009

$295,000

3 beds1 bath1,336 sq ft

3480 Marquette Rd, Ionia, MI 48846

$379,900

5 beds3 baths2,494 sq ft

88 Meadowlark Dr, Ionia, MI 48846

$425,000

4 beds2 baths2,858 sq ft

821 Jefferson Rd, Ionia, MI 48846

$225,000

4 beds1.5 baths1,889 sq ft

650 Division St, Ionia, MI 48846

$279,900

3 beds1.5 baths1,996 sq ft

85 Holiday Dr, Ionia, MI 48846

Home values near 608 Peterson Rd

Data from public records.

Address	Redfin Estimate
306 Peterson Rd, Ionia, MI 2 Beds \| 1 Baths \| 1088 Sq. Ft.	$214,067
457 Peterson Rd, Orleans, MI 3 Beds \| 2.5 Baths \| 1 Sq. Ft.	$320,107

Address	Redfin Estimate
306 Peterson Rd, Orleans, MI 2 Beds \| 1 Baths \| 1088 Sq. Ft.	$191,898
470 Peterson Rd, Ionia, MI 3 Beds \| 1.5 Baths \| 1830 Sq. Ft.	$278,972

Address	Redfin Estimate
519 Peterson Rd, Ionia, MI - Beds \| 1 Baths \| 1288 Sq. Ft.	$230,712
595 Peterson Rd, Ionia, MI - Beds \| 1 Baths \| 952 Sq. Ft.	$70,188

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 48846, MI

Sale history for 608 Peterson Rd

Tax history for 608 Peterson Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 48846

Home values near 608 Peterson Rd

More real estate resources