$515,000

541 W 950 N North Manchester, IN 46962

$6,116
Closing credit¹
3 beds
1 full, 1 partial
10.0 acres
$351 / sqft
House

Property details

About 541 W 950 N

Welcome to a "True Indiana Farm." Though perfectly equipped and ready to take over for horse business types, this remarkable property is perfect for a vast array of business and hobbies. The use is merely limited to your creativity. Homestead's structures comprise of a warm and inviting three bedroom and 1.5 bath home (colors are natural and soft) and five outbuildings including a covered horse-riding area. All that situated on 10 acres. Current owners created a 3-bedroom home by turning a 19 X 12 formal living room into the main bedroom with French doors. They also improved value and use of the house by adding a half bath. When in the kitchen you are surrounded by ample counterspace which is smooth waterproof butcher block--cabinets galore. That's easy prep and clean-up. The four seasons room is nearly another living space whether you like to sit and soak all year around in the hot tub or feel like using the room as another living space playroom, office, craft room or bar and entertainment arena. 1920 Heritage Barn lofted (Loft has 3-inch concrete flooring) was previously used for retail feed sales and has a $5200 property tax exemption. Stallion stall with turn out, 4 horse stalls can complete with or without mats, corner feeders and hay racks. Hog barn contains 5 large stalls that are also suitable for housing small animals and was previously used for raising goats, round bale and square bale storage. Has electric. No water. Pole barn currently contains access to lean-to area located in one of the dry lots, five stalls and one grooming stall. Previously contained 11 stalls. 6 have been removed for equipment and hay storage. Has all concrete flooring, electric and water. This is attached to the observation room for the 60 x 120 arena that a solid footing covered with 6 inches of soft filtered clean sand. Property has a total of five pastures--two 1-acre grass pastures, .5-acre grass pasture, 2 dry lots and a f acre hay field. Entire property is fenced with electrical fencing that is in working order and 2 four seasons automatic waterers serving four pastures. Barns are completely equipped to board animals immediately upon purchase. Septic has been pumped every three years. Homesite sits on 1 acre. Bring all your people and furry friends out to the farm. You'll love it.

Highlights

Home typeSingle Family Residence
HeatingPropane
StatusActive
CoolingCentral Air
Lot size10 Acres
Year built1920
MLS #202512692
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: 202512692
  • Office Name: The LT Group Real Estate
  • Listing Agent: Leanne Facer

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front lawn, fence, and a shingled roof

$515,000

541 W 950 N

$6,116

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 15, 2013
Home Sold
$180,000

Tax history

YearAssessmentProperty Tax
2023$189,600$1,329
2022$180,600$1,380
2021$158,600$1,222
2020$149,400$1,223
2018$153,800$1,054
2017$152,500$1,078

History based on county public records data.

Nearby schools

7

Manchester Elementary School

Public District PK-6

3.3 mi

301 S River Rd

3

O J Neighbours Elementary School

Public District PK-4

10.1 mi

1545 N Wabash St

5

Claypool Elementary School

Public District KG-6

12.2 mi

2024 W 700 S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,875. The most common annual income of people living in North Manchester, IN is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

38%
<35k
59%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
8%
Single, with Kids
39%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 541 W 950 N

This home is located at 541 W 950 N in North Manchester, IN and zip code 46962. This home, which was built in 1920, sits on a 10.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $515,000.

Over 2 listings were sold over their listed price in March 2025 in North Manchester, IN. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. Between February and March 2025, North Manchester, IN real estate market has seen decrease in the number of listings by 11.5%.

From Rocket Homes Real Estate and based on county public records data.

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