NOT LISTED FOR SALE

1306 & 1308 W State Rd 114 Rd North Manchester, IN 46962

8 Beds
5 Baths
2,256 Sq Ft
1 Acres

Last Sold November 21, 2022

Last sale price $245,000 $109 Per Sq Ft

110 Days on Market

Highlights

  • 1 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • Manchester Elementary School Rated 9+
  • Hot Water Heating System
  • Carpet

About This Home

As of November 2022

5 unit investment property. The one story triplex has 2 one bedroom one bath units and 1 two bedroom one bath unit, all are rented. The triplex has a utility room that all units can access from their apartment. The Utility room has a wash and dryer and boiler system to heat all the units. 2 story Brick house has 2 two bedroom one bath units. One is rented at this time. There is a washer dryer hookup in the basement. The carport is shared by all units and additional parking is available.

Last Agent to Sell the Property

Julie Mobley

Wander Home Realty, LLC Listed on: 07/21/2022

Last Buyer's Agent

Maureen Eastgate

M&M Rental Property Mgmt & Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,551

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Carport
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Manchester Elementary And Middle School
  • Manchester High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Outbuilding
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, sewer, trash collection, water
  • The owner pays for building insurance, heating, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 85-03-31-304-038.000-002

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $816
  • Insurance Expense $2,835
  • Maintenance Expense $2,335
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,551

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 122
  • Style: One Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: WEN DELLS S. MID PT OL 2 WEN DELLS N123' 2
  • Parcel Number ID: 85-03-31-304-038.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Parcel Id2: 85-03-31-304-039.000-002
  • Sp Lp Percent: 81.94
  • Monthly Gross Income: 2290
  • Year Taxes Payable: 4651.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2256
  • Total Finished Sq Ft: 2256
  • Above Grade Finished Sq Ft: 2256
  • Price Per Sq Ft: 108.6
  • Basement Foundation: Slab, Partial Basement
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 2400

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 10
  • Parking: Off Street, Paved, Private

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air, Hot Water, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Annual Electric: 360
  • Annual Fuel Expense: 816
  • Annual Insurance Expense: 2835
  • Annual Maintenance Expense: 2335
  • Annual Water Sewer Expense: 1000
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 126 X 116 & 127 X 229
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2075
  • Number Of Dryers: 1
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 5551

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $245,000 -18.1% $109 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $299,000 -14.6% $133 / Sq Ft
07/21/2022 07/21/22 For Sale $350,000 -- $155 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Julie Mobley

    Seller's Agent in 2022

    Julie Mobley

    Wander Home Realty, LLC

    (260) 415-6296

    21 in this area

    36 Total Sales

    Julie Mobley
    Section Image

  • M

    Buyer's Agent in 2022

    Maureen Eastgate

    M&M Rental Property Mgmt & Realty

    (260) 982-4797

    22 in this area

    36 Total Sales

    Maureen Eastgate
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202230282

Indiana Regional MLS
Indiana Wabash County North Manchester 46962

1306 & 1308 W State Rd 114 Rd, North Manchester, IN

This home is located at 1306 & 1308 W State Rd 114 Rd, North Manchester, IN 46962 since 21 July 2022. This property was built in 1900. 1306 & 1308 W State Rd 114 Rd is a home located in Wabash County with nearby schools including Manchester Elementary School, Manchester Intermediate School, and Manchester Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes