NOT LISTED FOR SALE

106 S Mill St North Manchester, IN 46962

Estimated Value: $161,000 - $267,000

4 Beds
3 Baths
2,296 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 22, 2015

Last sale price $98,000 $43 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,459/month

181 Days on Market

About This Home

As of January 2015

Well maintained investment for many years. Large 2 story with 3 apts. 2-1 BR, 1-2 BR, also 2 single family homes all on 1 lot close to downtown north Manchester. All have separate heat and electric. Owner pays water/sewer and trash. Good income, all currently occupied.

Last Agent to Sell the Property

Carol Butler

Terrell Realty Group, LLC Listed on: 07/15/2014

Last Buyer's Agent

Jerry Johnson

Hoosier 1 Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 48 x 156
  • Sloped Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Manchester Elementary And Middle School
  • Manchester High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 85-07-05-201-107.000-002

Community Details

Overview

  • 3 Buildings
  • 5 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $500
  • Water Sewer Expense $2,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,917

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: OP N 48' 149 11B 74 |
  • Parcel Number ID: 85-07-05-201-107.000-002
  • Platted: Yes
  • Amenities: Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.22
  • Monthly Gross Income: 1595
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3612
  • Total Finished Sq Ft: 2296
  • Above Grade Finished Sq Ft: 2296
  • Below Grade Sq Ft: 1316
  • Price Per Sq Ft: 42.68
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1316
  • Number Of Ranges Ovens: 5
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 2160
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Manchester Community
  • Elementary School: Manchester
  • Middle School: Manchester
  • High School: Manchester
  • Elementary School: Manchester

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 48 x 156
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1595
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 1917.48

MLS Schools

  • High School: Manchester
  • Middle School: Manchester
  • School District: Manchester Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Brown Christopher S
Bought by
Csb Llc
Current Estimated Value
$222,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$207,464
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$6,866

Purchase Details

Listed on
Jul 15, 2014
Closed on
Jan 22, 2015
Sold by
Kissinger Ernest L and Kissinger Beverly J
Bought by
Brown Christopher S
Seller's Agent
Carol Butler
Terrell Realty Group, LLC
Buyer's Agent
Jerry Johnson
Hoosier 1 Realty, LLC
List Price
$115,000
Sold Price
$98,000
Premium/Discount to List
-$17,000
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Csb Llc -- None Available
Brown Christopher S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csb Llc $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2015 01/22/15 Sold $98,000 -14.8% $43 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
07/15/2014 07/15/14 For Sale $115,000 -- $50 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $2,898 $144,900 $8,600 $136,300
2023 $2,779 $138,900 $8,600 $130,300
2022 $2,781 $139,000 $7,300 $131,700
2021 $2,609 $130,400 $7,300 $123,100
2020 $2,563 $128,100 $7,300 $120,800
2019 $2,523 $126,100 $7,300 $118,800
2018 $2,427 $121,300 $7,300 $114,000
2017 $2,347 $116,700 $7,300 $109,400
2016 $2,034 $109,500 $7,300 $102,200
2014 $1,678 $105,900 $7,300 $98,600
2013 $1,905 $109,300 $7,300 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201430113

Indiana Regional MLS

APN: 85-07-05-201-107.000-002