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CondominiumResidential
$122,049
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 75How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5384 COMMERCE BLVD # B204

INDIAN RIVER, MI 49749
Building report
0
Baths

Valuation

$122K
$91K low$153K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$122,049
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$97,639

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$62,400 (2026)
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$124,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCHEBOYGAN
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 49749These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.55%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.0%
PopulationHow many people live in this area.4,110
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.46 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,500
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,470
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.49%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5384 Commerce Blvd # B204 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 83% of homes in Indian River 49749

What homes are worth in Indian River 49749

Each bar is how many homes fall in that price range. The marker is this home.

This home
$43K$1.6M

This home is worth more than 17% of homes in Indian River 49749.

How it measures up in Indian River 49749

The dot is this home. The mark in the middle is the typical home in Indian River 49749.

Estimated value$122,049
CheaperTypical $297,926Pricier

Pricier than 17% of homes nearby

How 5384 Commerce Blvd # B204 ranks against every home in each area.
MeasureThis homeIndian River 49749Cheboygan County
Estimated valuepricier than$122,04917% of homes25% of homes

Closest homes

More homes in Indian River 49749

Explore the area

See this home in context

Open 5384 Commerce Blvd # B204 on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

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Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map