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5885 East 1100 North

5885 East 1100 North, North Manchester, IN 46962
Property in Chester
Sold Nov 08, 2018
$116,000
$93,000 by Crossroads Bank
Mortgage Due Nov 05, 2033
Sold Nov 07, 2018
$116,000
5885 East 1100 North in North Manchester, IN was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5885 East 1100 North has 1,856 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 232 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 334,976 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a carport. The garage is 192 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5885 East 1100 North was last sold in Nov 7, 2018 for $116,000. According to our calculations, that's $62.50 per sqft. Prior to that sales transaction, the property was sold for $116,000 in Jan 1, 1970. Current property owners are expected to pay $1,986 in taxes per year. The property on 5885 East 1100 North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $158,700. To break that down further, the land itself was valued at $58,900. While improvements to the property were assessed at a total of $99,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1962
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 232
  • Garage Type: Carport
  • Garage Square Area: 192
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 334,976
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 7.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NE1/4 12-29-7 7.69AC

Ownership

  • Current Owner : SCHLEMMER WILLIAM R
  • Previous Owner : WHITE WILLIAM B
  • Owner Before Previous Owner: WHITE WILLIAM B

Neighborhood

  • School District Name: Manchester Community Schools
  • Census Tract: 102300

Geography

  • Assessors Map Reference: MP 28.6
  • Account Number: 0010033400
  • District: 0001
  • Section: 12
  • Parcel: 85-07-12-200-003.000-001
  • Municipality: CHESTER TOWNSHIP
  • Latitude: 40.987
  • Longitude: -85.6855

    Address

  • Full Address: 5885 E 1100 N
  • Address - House Number: 5885
  • Street Segment Direction: N
  • Street Direction: E
  • Address - Street Name: 1100
  • State: IN
  • City Name: North Manchester
  • Carrier Code: R003
  • 4-Digit Zip Code: 8569
  • Zip Code: 46962

Valuation

    Tax

  • Total Area: 2,088
  • Tax Year: 2022
  • Tax Amount: $1,986
  • Tax Rate Code Area: 1:CHESTER

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 151,100
  • High Value: 219,821
  • Low Value: 82,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,000
  • First Open Lien Mortgage Lender: CROSSROADS BANK
  • First Open Lien Mortgage Recording Date: Nov 08, 2018
  • First Open Lien Mortgage Loan Amount: $93,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2033

    Market Valuation

  • Market Total Value: $158,700
  • Market Land Value: $58,900
  • Market Improvement Value: $99,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,700
  • Assessed Land Value: $58,900
  • Assessed Improvements Value: $99,800

    Sales

  • Current Sale Contract Date: Nov 07, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Transaction ID: 11562773317
  • Current Sale Price: $116,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R455254
  • Previous Sale Recording Date: Nov 07, 2018
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSROADS BANK
  • First Mortgage Transaction Date: Nov 08, 2018
  • First Mortgage Loan Amount: $93,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 05, 2033

About Wabash



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Frequently Asked Questions

What neighborhood is 5885 East 1100 North located in?
The 5885 East 1100 North is a located in the neighborhood of Chester in Wabash, North Manchester.
What is the average sales price for listings in 5885 East 1100 North?
The average sales price for units in 5885 East 1100 North is $0 currently.

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