8667 State Road 48 Aurora IN 47001

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8667 State Road 48

Aurora, IN 47001

Suburb: Manchester

$224,000

2bd

1 - 1ba

972sqft

Sold

Fantastic! Completely remodeled 2 bdrm home w/ unfinished attic area for future room(s)! New in 2022-23: Roof shingle, kitchen cabinets/ctrtops, appliances, laminated & tile flring, foors, bathrms, hw heater, blinds, thermostats/elec BB heat, all lighting, and so much more! Located on 1.2+ ac., 2 car attached garage.........Ready for you to move in & enjoy! **R/E Taxes are high due to no exemptions on file**

Directions

From I-275/Lawbg US 50 W-3 mi.; Right-SR 48-8.5 mi. to home on LEFT; SIGN ON

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Property Details

General Information

Property Type	Residential
Style	Single Family Residence
Suburb	Manchester
Zip Code	47001
School District	South Dearborn Community School Corporation
MLS#	1788904

Additional Information

Levels	One
Construction	Vinyl Siding
Architecture	Cape
Total Acres	1.25
Water	Public
Sewer	Septic Tank
Foundation	Block
Occupancy	Close Of Escrow
Semi-Annual Taxes	$675.00

Property Features

Property SqFt.	972
Basement	Crawl Space
Cars	0
Windows	Double Hung, Vinyl Window(s)
Heating	Baseboard, Electric
Cooling	Window Unit(s)

Additional Features

Appliances	Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer

Room Information

	Dimensions	Level
Kitchen	14 x 12	1

Bedroom Information

	Dimensions	Level
Primary Bedroom	15 x 13	L: 1

Bathroom Information

	Type	Level
Primary Bath		L: First

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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