Seller's Agent in 2023
Andrea Greer Markham
Manchester Realty
(260) 571-3778
102 in this area
176 Total Sales
102 E 2nd St North Manchester, IN 46962
Estimated Value: $279,000 - $920,000
12
Beds
8.5
Baths
6,768
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Corner Lot
- Screened Porch
- Tile Flooring
- Manchester Elementary School Rated 9+
- Fenced Yard
- Baseboard Heating
About This Home
As of July 2023RARE INVESTMENT OPPORTUNITY in North Manchester! SEVEN apartments plus 6 off street parking spots and a laundry facility in a well cared for historic brick structure on a corner lot! Nicely landscaped with a picket fence in the heart of town and close to everything. This property offers fully leased upper and lower level 1-2 bedroom apartments with 1-2 baths each and all appliances are included. Many tenants have occupied their apartment long term. Three units offer a fireplace for that cozy feel and many have updated flooring and bathrooms. The main apartment has soaring ceilings, a great kitchen with stainless appliances, a new electric fireplace insert, and a screened porch for enjoyment. This complex has always been well maintained inside and out and has great curb appeal. View the floor scan for details regarding each apartment. Own a piece of history and collect some income! Serious and pre-approved buyers only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,970
Year Built
- Built in 1900
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 78x116
- Fenced Yard
- Picket Fence
- Partially Fenced Property
- Vinyl Fence
- Corner Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Vinyl Construction Material
Interior Spaces
- 2.5-Story Property
- Screened Porch
- Washer Hookup
- Partially Finished Basement
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Parking
- 6 Parking Spaces
- Private Parking
- Driveway
- Paved Parking
- Off-Street Parking
Location
- Suburban Location
Schools
- Manchester Elementary And Middle School
- Manchester High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric
- The owner pays for heating, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
- Assessor Parcel Number 85-07-05-201-005.000-002
Community Details
Overview
- 7 Units
Pet Policy
- Pet Restriction
Building Details
- Electric Expense $1,500
- Fuel Expense $2,500
- Insurance Expense $3,295
- Maintenance Expense $5,000
- Water Sewer Expense $3,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 10, 2024
Sold by
Pontius Paul D and Pontius Paige M
Bought by
Paul D Pontius Revocable Trust and Pontius
Current Estimated Value
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jul 31, 2023
Sold by
Pontius Paul D
Bought by
Pontius Paul D and Pontius Paige M
Seller's Agent
Andrea Greer Markham
Manchester Realty
Buyer's Agent
Missy Damron
M&M Rental Property Mgmt & Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.70%
Original Mortgage
$230,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paul D Pontius Revocable Trust | -- | None Listed On Document | |
| Pontius Paul D | $365,000 | None Listed On Document | |
| Pontius Paul D | $365,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pontius Paul D | $230,000 | |
| Previous Owner | Jones Marcia G N | $65,000 | |
| Previous Owner | Jones Marcia | $32,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $365,000 | -2.7% | $54 / Sq Ft |
| 07/27/2023 07/27/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $375,000 | -- | $55 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,966 | $248,300 | $18,600 | $229,700 |
| 2023 | $4,538 | $226,900 | $18,600 | $208,300 |
| 2022 | $3,970 | $198,500 | $14,800 | $183,700 |
| 2021 | $3,658 | $182,900 | $14,800 | $168,100 |
| 2020 | $3,394 | $169,700 | $14,800 | $154,900 |
| 2019 | $3,136 | $156,800 | $14,800 | $142,000 |
| 2018 | $2,998 | $149,900 | $14,800 | $135,100 |
| 2017 | $2,856 | $142,200 | $14,800 | $127,400 |
| 2016 | $3,551 | $191,700 | $14,800 | $176,900 |
| 2014 | $3,074 | $194,100 | $14,800 | $179,300 |
| 2013 | $3,222 | $184,900 | $14,800 | $170,100 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Greer Markham
-
Missy Damron
M
Buyer's Agent in 2023
Missy Damron
M&M Rental Property Mgmt & Realty
(260) 578-0854
24 in this area
34 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202320102
APN: 85-07-05-201-005.000-002
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