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    Property profile & analytics

    2nd St North Manchester, IN 46962

    • Parking lots & garages
    • 2,380 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Nov 23, 2021
    Location Intelligence
    Property ID
    US31-2821166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 2nd St

    Year built
    1969
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Property size
    2,380 SF
    Property type
    Parking lots & garages
    APN
    85-07-05-101-121.000-002
    APU
    850705101121000002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Manchester
    County
    Wabash
    State
    Indiana
    Longitude
    -85.7759
    Latitude
    41.0005
    CBSA code
    47340
    CBSA name
    WABASH, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,962
    $25,000
    $47,500
    $72,500
    -
    $25,000
    $47,500
    $72,500

    Comparable in this City

    • Value Estimation by Request
      2,352 SF

      802 2nd St Ext

      PARKING GARAGE, PARKING STRUCTURE • 2,352 SF
      802 2nd St Ext, North Manchester, IN 46962-9386
      View Details
    • Value Estimation
      $345,000
      7,560 SF

      206 Strauss Provimi Rd

      PARKING GARAGE, PARKING STRUCTURE • 7,560 SF
      206 Strauss Provimi Rd, North Manchester, IN 46962-1921
      View Details
    • Value Estimation by Request
      0.42 Acres

      Main St

      VEHICLE SALES, RENTALS • 0.42 Acres
      Main St, North Manchester, IN 46962
      View Details
    • Value Estimation by Request
      9,372 SF

      1002 State Rd 114th W

      AUTO REPAIR, GARAGE • 9,372 SF
      1002 State Rd 114th W, North Manchester, IN 46962-1948
      View Details
    • Value Estimation by Request
      4,226 SF

      106 Ml St

      AUTO REPAIR, GARAGE • 4,226 SF
      106 Ml St, North Manchester, IN 46962-1825
      View Details
    • Value Estimation by Request
      1,624 SF

      706 Main St

      AUTO REPAIR, GARAGE • 1,624 SF
      706 Main St, North Manchester, IN 46962-1449
      View Details

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    Similar Nearby for Lease

    • $4 SF/Yr

      Retail Space in North Manchester

      Retail spaces with long-term anchor tenants, great visibility.
      1204 S.r. 114 W, North Manchester, IN 46962
      View Details
    • $2 SF/Yr
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      North Manchester Industrial Property

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      View Details
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    2nd St
    North Manchester, IN 46962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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