NOT LISTED FOR SALE

302 Weimer Dr North Manchester, IN 46962

Estimated Value: $124,000 - $177,000

4 Beds
2 Baths
1,440 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $73,000 $51 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $971/month

17 Days on Market

Highlights

  • Radiant Floor
  • Laundry closet
  • 1-Story Property
  • Manchester Elementary School Rated 9+
  • Central Air

About This Home

As of March 2020

NEW metal roof, NEW flooring throughout. Don't miss out on this great investment opportunity! Two 2 bedroom apartments, great location, quiet neighborhood.

Last Agent to Sell the Property

Erica Garber

Manchester Realty Listed on: 02/17/2020

Last Buyer's Agent

Maureen Eastgate

M&M Rental Property Mgmt & Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 108 x 92
  • Irregular Lot

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Laundry closet

Flooring

  • Wood
  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Manchester Elementary And Middle School
  • Manchester High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 85-03-31-403-016.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,683

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Age: 27
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ALVIN BOLINGERS 1ST LOT 10
  • Parcel Number ID: 85-03-31-403-016.000-002
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.36
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2019 Due 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 50.69
  • Basement Foundation: Slab
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Floor
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Number Of W D Hookups: 2

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: Irregular
  • Lot Dimensions: 108 X 92
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1683

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 9, 2020
Sold by
Watkins Catherine E and Estate Of Cheryl L Cloyd
Bought by
Brown Christopher S and Brown Michael P
Seller's Agent
Erica Garber
Manchester Realty
Buyer's Agent
Maureen Eastgate
M&M Rental Property Mgmt & Realty
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$150,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,653
Avg. Annual Appreciation
13.16%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Oct 11, 2016
Sold by
Hammons John E and Hammons Patricia
Bought by
Cloyd Cheryl
Seller's Agent
Marie Hardy
Tri Oaks Realty
Buyer's Agent
David Budd
Tree City Realty
List Price
$79,500
Sold Price
$72,000
Premium/Discount to List
-$7,500
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
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
Brown Christopher S $73,000 Metz Title Company, Inc
Cloyd Cheryl -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $73,000 -8.6% $51 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $79,900 +11.0% $55 / Sq Ft
10/11/2016 10/11/16 Sold $72,000 -9.4% $50 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $79,500 -- $55 / 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 $2,016 $100,800 $23,200 $77,600
2023 $1,998 $99,900 $23,200 $76,700
2022 $1,866 $93,300 $20,800 $72,500
2021 $1,746 $87,300 $20,800 $66,500
2020 $1,644 $82,200 $20,800 $61,400
2019 $1,542 $77,100 $20,800 $56,300
2018 $1,518 $75,900 $20,800 $55,100
2017 $1,464 $72,600 $20,800 $51,800
2016 $1,398 $75,100 $20,900 $54,200
2014 $1,139 $71,900 $20,900 $51,000
2013 $1,230 $70,600 $21,000 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005820

Indiana Regional MLS

APN: 85-03-31-403-016.000-002