$439,000
UNDER CONTRACT

Estimated payment $2,813/month

Total Views 535
11 Beds
8 Baths
6,366 Sq Ft
$69 Price per Sq Ft

Highlights

  • Popular Property
  • Eat-In Kitchen
  • Baseboard Heating
  • Manchester Elementary School Rated 9+
  • Forced Air Zoned Heating System
  • Laundry Facilities

About This Home

Outstanding well maintained investment property, 7 rental units, plus coin-operated laundry for tenant use only. Rentals consist of: 3 units are 1 Bedroom & 1 Bath - 3 units are 2 bedrooms & 1 bath - 1 unit is 2 bedrooms & 2 baths. Assigned off street parking for 6 units. Street parking also available for visitors or additional vehicles. 4 units are on main level; one has a screened-in front porch and electric insert fireplace in living room. 2 other units have fireplaces which are not used. 3 units are upper level. Recent updates included New LED lighting, and 13 New Windows. Includes 7 Refrigerators, 7 Stoves.

Listing Agent

Keli Cordill

Tri Oaks Realty Listed on: 05/11/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 78x116
  • Vinyl Fence
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Manchester Elementary School
  • Manchester Jr/Sr Middle School
  • Manchester Jr/Sr High School

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating System
  • High-Efficiency Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for heating, sewer, trash collection, water
  • Assessor Parcel Number 85-07-05-201-005.000-002
  • Seller Concessions Not Offered

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 8 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,200
  • Insurance Expense $4,000
  • Maintenance Expense $3,500
  • Trash Expense $1,080
  • Water Sewer Expense $3,720

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,650

Year Built

Built in 1900

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1900
  • Style: Attached
  • Bedrooms: 11
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: OP LOT 45 EXC N 40'
  • Parcel Number ID: 85-07-05-201-005.000-002
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Special Features: UnderContract

Interior Features

  • Total Sq Ft: 7431
  • Total Finished Sq Ft: 6366
  • Above Grade Finished Sq Ft: 6366
  • Below Grade Sq Ft: 1065
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance Only
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1065
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Fence: Vinyl
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 6
  • Parking: Off Street, Private, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Forced Air, Hot Water, Multiple Heating Systems
  • Sewer: Public
  • Water Utilities: Public
  • Hvac: High Efficiency Furnace, Zoned Heating
  • Annual Electric: 1800
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 4000
  • Annual Maintenance Expense: 3500
  • Annual Trash Expense: 1080
  • Annual Water Sewer Expense: 3720
  • Number Electric Meters: 8
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • Elementary School: Manchester

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 78x116
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

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

Tax Info

  • Annual Property Tax: 5650

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 4

MLS Schools

  • High School: Manchester Jr/Sr
  • Middle School: Manchester Jr/Sr
  • School District: Manchester Community

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $4,966 $282,100 $18,600 $263,500
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2026 05/11/26 For Sale $439,000 +20.3% $69 / Sq Ft
07/31/2023 07/31/23 Sold $365,000 -2.7% $54 / Sq Ft View Prior Sale
07/27/2023 07/27/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $375,000 -- $55 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $365,000 None Listed On Document
Warranty Deed $365,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $230,000 New Conventional
Source: Public Records

About the Listing Agent

Keli Cordill

Tri Oaks Realty

(260) 233-9836

Section Image

MARKET KNOWLEDGE & NEGOTIATION SKILLS: I am a FULL TIME Realtor, I live real estate day in and day out, it is not a side hobby for me. I join buyers & sellers every day to make real estate sales a great experience for all parties! My extensive training will position you for success in today's fast-moving market. Don't waste time with realtors that are OK with entry level knowledge and skills. Hire a GREAT Realtor and save yourself headaches later! My coverage areas include all of north and

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Source: Indiana Regional MLS

MLS Number: 202617637

Indiana Regional MLS

APN: 85-07-05-201-005.000-002

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