North Manchester IN Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.23 Acres
Year built:
1938
Baths:
5.00
MLS#:
202429950

ADDITIONAL INFORMATION

Discover a profitable opportunity with this historical home, thriving business, and all of the furnishings. This home was transformed into a stunning bed and breakfast, ideally located in the heart of North Manchester and near Manchester University. Rooted in the University's rich heritage as the former president's home, thus named the Campus Inn, this property offers a unique blend of comfort, convenience, and income potential with 4 bedroom suites in seamlessly blended classic architecture and modern luxury. Each color coordinated bedroom offers a cozy retreat for guests, complete with a private bathroom, a mini refrigerator, and a closet. The heart of the Inn features a charming wood burning fireplace, perfect for relaxing evenings, and a gourmet kitchen with custom cabinetry, an expansive island, ceramic tile backsplash, stainless steel appliances plus a pot filler, a wine chiller, a walk in pantry, and eat in or outdoor dining space. Surrounded in windows, find additional seating for dining or an afternoon board game. The main level laundry and 1/2 bath add convenience. The partially finished basement offers extra gathering space or a game room. A two car garage and concrete driveway provide off street parking, with street parking also available. All HVAC, electrical, flooring, bath fixtures, plumbing, some windows and doors, appliances, new in 2022. The Campus Inn Bed and Breakfast comes with a first class reputation and many future bookings are in place, offering immediate income potential for a new Innkeeper.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



North Manchester Real Estate

The median home value in North Manchester, IN is $173,000. This is higher than the county median home value of $153,600. The national median home value is $338,100. The average price of homes sold in North Manchester, IN is $173,000. Approximately 57.46% of North Manchester homes are owned, compared to 26.71% rented, while 15.84% are vacant. North Manchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Manchester real estate agent to arrange a tour today!

North Manchester, Indiana has a population of 5,269. North Manchester is more family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 26.52%.

The median household income in North Manchester, Indiana is $60,745. The median household income for the surrounding county is $59,611 compared to the national median of $69,021. The median age of people living in North Manchester is 32.2 years.

North Manchester Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 39.9 inches per year, with 29.4 inches of snow per year.

North Manchester Real Estate Market Conditions

  • Median sales price

    $173,000
    10.5% change since last quarter
  • # Active listings

    17
    30-day change

North Manchester Schools and Demographics

Education near North Manchester, IN

Metric City County
High School Graduates 88.12 89.87
College Degree - 2 year 12.7 8.91
College Degree - 4 year 25.31 19.88
Graduate Degree 10.75 6.71
Expenditures per Student 12,115 12,115
Students per Teacher 15.3 15.3

Elementary Schools near North Manchester, IN

School Grades Students P/T Ratio ZIP
Andrews Elementary School KG - 05 365 14.8 46702
Claypool Elementary School PK - 06 403 15.5 46510
Manchester Elementary School PK - 03 539 20 46962
South Whitley Elementary School PK - 05 313 24.1 46787

Middle Schools near North Manchester, IN

School Grades Students P/T Ratio ZIP
Manchester Intermediate School 04 - 06 349 17.4 46943

High Schools near North Manchester, IN

School Grades Students P/T Ratio ZIP
Manchester Junior/Senior High School 07 - 12 737 20.6 46962
Whitko High School 09 - 12 526 21 46787

Demographics near North Manchester, IN

Metric City County
Neighborhood Type Suburban
Population 5,269 31,120
Population Density 1,491 75
Median Age 32.2 42.4
People per Household 2.3 2.3
Median Household Income 60,745 59,611
Average Income per Capita 26,083 28,608