Sold
Last Sold Price
6 beds2,912 sqft
703-705 Manchester Dr, Rochester, IN 46975
Multi FamilyProperty Type
0.2 acresLot Size
1999Year Built
$84/sq ftPrice per sq ft
$250/yrHOA Fees
4 carsParking Spaces

Description

Investment opportunity in a great location! This duplex is fully occupied and updated with new windows, new vinyl plank flooring on the main floor of both units, new carpet upstairs in Unit 703, and fresh paint throughout both units. Each side has 3 BR's, 2 full baths (approx 1456 sq ft), and attached 2 car garage. Great floor plan with main floor bedroom with full bath & laundry closet; 2 more bedrooms with 2nd bath upstairs. Rents are $900 and $750. Tenant pays electric, gas, water/sewer, & trash....Investment opportunity in a great location! This duplex is fully occupied and updated with new windows, new vinyl plank flooring on the main floor of both units, new carpet upstairs in Unit 703, and fresh paint throughout both units. Each side has 3 BR's, 2 full baths (approx 1456 sq ft), and attached 2 car garage. Great floor plan with main floor bedroom with full bath & laundry closet; 2 more bedrooms with 2nd bath upstairs. Rents are $900 and $750. Tenant pays electric, gas, water/sewer, & trash. Slider doors open to back deck. Close to schools, parks, shopping, lake and Nickel Plate Trail.
  • Listed by: Lisa Goodman • LAKESHORE RLTRS, INCR
Listing closed: 05/20/2022 12:00 AM • Source: Indiana Regional MLS, MLS#: 202215714

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Recent comparable sales

Median sold price

$250,000

Avg days on market

56

Sale-to-list ratio

97.9%

Rochester, IN

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Location

Listing Courtesy of LAKESHORE RLTRS, INCR

Sold By RE/MAX OAK CREST -PLYMOUTH

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Property Information for 703-705 Manchester Drive

Property Details
  • Taxes: $1,764 / year
  • MLS Type: Multi Family / Duplex
  • Style: Two Story
  • Architectural Style: Modular
  • Subdivision: Manchester Mdws
  • Waterfront: No
  • Pet Restrictions: Yes
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1999
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Area: Fulton County
  • City: Rochester
  • Zip Code: 46975
  • State: IN
  • Township: Rochester
  • Fips Code: 18049
  • Directions To Property: Main St to 18th St; east on 18th St to home on south side of road
  • Location: City/Town/Suburb
Taxes and HOA
  • Association Dues $: $250.00
  • Assoc Dues Frequency: Annually
  • Assoc Restrictions: Yes
  • Year Taxes Payable: 1764
  • Parcel Number Id: 25-07-93-205-017.000-009
School Information
  • School District: Rochester Community School Corp.
  • Elementary: Columbia / Riddle
  • Middle School: Rochester
  • High School: Rochester
Parking
  • Number Of Parking Spaces: 4
  • Parking: Garage
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: 46x95;46x95
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2912.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 2912.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2912.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1999
  • Age: 23
  • Documents Available: Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: Homestead, Mortgage, Supplemental
Utilities
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Countertops-Laminate, Deck Open, Garage Door Opener, Water Heater Electric
  • Driveway: Concrete
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 2
  • Number of Disposals: 2
  • Number of Dryers: 1
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 1
  • Number Water Meters: 2
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl Tile
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $19,800
  • Annual Insurance Expense: $926
  • Annual Maint. Expense: $2,400
  • Annual Misc: $250
  • Annual Net Income: $14,460
  • Annual Property Tax: $1,764
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,650
  • Gross Monthly Rent: $1,650
Unit Information
Unit 1
  • Unit 1 SqFt: 1456
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Closet
  • Unit 1-Lease Exp Date: 10-01-2022
  • Unit 1-Level: Combined
  • Unit 1-Unit Number: 703
  • Unit 1-Unit Rent $: $750
Unit 2
  • Unit 2 SqFt: 1456
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Num of Rooms: 6
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $1,000.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: Attached
  • Unit 2-Garage: Yes
  • Unit 2-Garage/Num of Cars: 2
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Closet
  • Unit 2-Lease Exp Date: 06-30-2022
  • Unit 2-Level: Combined
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 705
  • Unit 2-Unit Rent $: $900
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Property History for 703-705 Manchester Drive

DateEvent & SourcePriceAppreciation
May 20, 2022

Sold

Indiana Regional MLS #202215714

$245,000—
May 2, 2022

Pending

Indiana Regional MLS #202215714

—
Apr 30, 2022

Listed (Active)

Indiana Regional MLS #202215714

$249,900—
DateEvent & SourcePrice
05/20/2022

Sold

Indiana Regional MLS #202215714

$245,000
05/02/2022

Pending

Indiana Regional MLS #202215714

—
04/30/2022

Listed (Active)

Indiana Regional MLS #202215714

$249,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 703-705 Manchester Drive

This home is within Rochester Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 7
Public - 8 to 12
Rating
School
Distance
Columbia Elementary School
PublicPK to 1

George M Riddle Elementary School
Public2 to 4

Rochester Community Md School
Public5 to 7

Rochester Community High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 703-705 Manchester Drive, Rochester, IN 46975
$245,000
6
2,912
8,712
$120,000
3
1,456
8,712
–
3
2.5
1,456
8,756
–
3
2
1,269
9,583
$202,000
3
2,496
4,095
$113,000
3
1,248
8,276

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LAKESHORE RLTRS, INCR

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.