5540 E Gratiot Rd, Elsie, MI 48831
OFF MARKET

$436,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,561 sqft (on 78.03 acres)

5540 E Gratiot Rd, Elsie, MI 48831

Est. Refi. Payment $2,903/mo*
Refinance Your Home

Home Value

Trulia Estimate
$436K
Since last month
Increased$9K (+2%)
Since last year
Increased$111K (+33%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years
MonthEstimated value
2026
August 2026$447K
July 2026$438K
June 2026$409K
April 2026$396K
March 2026$410K
February 2026$373K
2025
2024
2023
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
104 W Hanvey St, Elsie, MI
2.04
Single-Family Home
$115,000
06/26/26
2
1
1,060
117 N Maple St, Bannister, MI
2.19
Single-Family Home
$191,000
04/29/26
5
2
1,827
3981 E Marshall Rd, Elsie, MI
2.69
Single-Family Home
$285,000
06/24/26
3
2
1,580
7003 E Gratiot Rd, Elsie, MI
0.65
Single-Family Home
$240,000
10/09/25
-
-
6811 E Mead Rd, Elsie, MI
2.99
Single-Family Home
$295,000
06/26/26
3
2
1,344

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6611 E Maple Rapids Rd, Elsie, MI 48831
1.07
$383,500
5
1
1,953
Off Market
6365 E Maple Rapids Rd, Elsie, MI 48831
0.95
-
3
2
1,793
Off Market
8550 N Saint Clair Rd, Elsie, MI 48831
0.69
$418,900
4
1
1,744
Off Market
8420 N Watson Rd, Elsie, MI 48831
0.53
-
3
2
912
Off Market
5597 E Maple Rapids Rd, Elsie, MI 48831
0.71
$273,200
3
2
2,412
Off Market
8415 N Saint Clair Rd, Elsie, MI 48831
0.50
$312,800
3
1
1,200
Off Market
4500 E Gratiot Rd, Elsie, MI 48831
0.89
-
4
2
1,904
Off Market
4639 E Ridge Rd, Elsie, MI 48831
1.41
-
3
1
1,152
Off Market

Local Information

  • Map ViewExplore the area around 5540 E Gratiot Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Lot Size
78.03 acres
Living Area
1,561 sqft
Price/Sqft
$279
Parking
Garage

About this House

This single-family home is located at 5540 E Gratiot Rd, Elsie, MI. 5540 E Gratiot Rd is in Elsie, MI and in ZIP code 48831. This property has 3 bedrooms, 1 bathroom and approximately 1,561 sqft of floor space. This property has a lot size of 78.03 acres and was built in 1920.
5540 E Gratiot Rd, Elsie, MI 48831 is a 3 bedroom, 1 bathroom, 1,561 sqft single-family home built in 1920. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $436,000, with a rent estimate of $1,480/month.

Home Details for 5540 E Gratiot Rd

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Wood
Parking & Garage
GarageParking: Carport, Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 78.03 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,532
$489,800
Home facts updated by county records

Market trends in Elsie

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
1MoM

Around this home

What Locals Say about Elsie

At least 2 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say there's holiday spirit

  • 100 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say there are sidewalks

  • 71 % Say it's quiet

  • 71 % Say there's wildlife

  • 71 % Say people would walk alone at night

  • 53 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

  • 43 % Say they plan to stay for at least 5 years

  • 33 % Say streets are well-lit

  • 33 % Say kids play outside

  • 20 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "My neighborhood is safe, it’s in the country, I’m here alone most of time. It’s about 10-15 miles to town. I love it here."
    0
    Flag
  • Trulia User
    "Very friendly neighborhood , I see people jogging, riding bikes, dog walker daily. Very safe. Very quiet."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5540 E Gratiot Rd

  • What is 5540 E Gratiot Rd estimated to be worth?
    Trulia's estimated value for 5540 E Gratiot Rd in Elsie, MI is $436,000.
  • Is Elsie a buyer's or seller's market?
    Elsie is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 5540 E Gratiot Rd?
    The closest schools to 5540 E Gratiot Rd in Elsie, MI are E.E. Knight Elementary School (rated 4/10), Leonard Elementary School, Ovid-Elsie High School (rated 7/10).
  • How big is the lot at 5540 E Gratiot Rd?
    The lot at 5540 E Gratiot Rd in Elsie, MI is about 78 acres.
  • Does 5540 E Gratiot Rd have a garage?
    Yes, 5540 E Gratiot Rd in Elsie, MI has a garage.

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