2-Bedroom Manufactured Home in Terre Haute, Indiana Listed for $12,900

A two-bedroom manufactured home in Terre Haute, Indiana, is currently listed for $12,900, offering a potential opportunity for buyers interested in an affordable property and a substantial renovation project.

Located at 6174 S Sandstone St Lot 14 in Terre Haute, the home is part of Castaways Estates and provides approximately 1,232 square feet of living space. Built in 1999, the manufactured home includes two bedrooms, two full bathrooms, a laundry area, central cooling, forced-air heating, and additional outdoor storage.

The property is situated on approximately 6,000 square feet of leased land. According to the listing information, the lot rent is $395 per month and includes trash pickup.

The listing also makes an important point about the condition of the property: it is described as being ready for a complete rehabilitation. That means the low purchase price should be considered alongside the potential cost of repairs, improvements, and ongoing lot rent.

Property Overview

The home is located at 6174 S Sandstone St Lot 14, Terre Haute, Indiana, 47802.

It is a manufactured home with approximately 1,232 square feet of interior living space. The property has two bedrooms and two full bathrooms.

The home was built in 1999 and is located within Castaways Estates.

The listing price is $12,900, while the listed price per square foot is approximately $10.

The property sits on leased land rather than land owned outright with the home. The listed lot rent is $395 per month, and the listing states that trash pickup is included.

These details are important for anyone evaluating the property because the initial purchase price represents only one part of the overall cost of ownership.

Two Bedrooms and Two Full Bathrooms

The home offers a two-bedroom, two-bathroom configuration.

Having two full bathrooms can be a useful feature, particularly for households with multiple residents or for buyers who want a more convenient layout.

The 1,232-square-foot interior also provides a reasonable amount of space for a manufactured home of this type.

Because the listing describes the property as needing a complete rehabilitation, prospective buyers should inspect the condition and layout of both bedrooms and bathrooms before planning renovations.

The existing configuration may provide a useful foundation, but the amount of work required can only be determined accurately through an in-person inspection and, where appropriate, professional evaluations.

Approximately 1,232 Square Feet of Living Space

The property contains approximately 1,232 square feet of finished above-ground living space.

For a two-bedroom manufactured home, this provides enough room for several different interior arrangements.

The living areas can potentially be redesigned according to the future owner’s needs, although the actual renovation possibilities will depend on the structure, existing systems, and applicable rules for the community.

Since the home is described as requiring a complete rehabilitation, buyers should avoid assuming that the listed square footage translates directly into move-in-ready living space.

Instead, the size can be viewed as the existing footprint from which a renovation plan could potentially be developed.

A Complete Rehabilitation Project

The most important part of the listing description may be the statement that the home is ready for a complete rehab.

This suggests that buyers should expect significant work rather than minor cosmetic updates.

A rehabilitation project could potentially involve multiple areas of the property, depending on its current condition. These may include flooring, walls, bathrooms, kitchen components, plumbing, electrical systems, heating and cooling equipment, windows, exterior materials, and other elements.

The exact scope of work should not be assumed from the listing alone.

A thorough inspection can help identify which components require immediate attention and which may remain usable.

For buyers with renovation experience, the property’s existing size and two-bathroom layout could provide a starting point for a customized project.

Built in 1999

The manufactured home was built in 1999.

Although it is newer than many older manufactured homes on the market, the property still requires a careful evaluation because the listing specifically identifies it as a complete rehabilitation opportunity.

Age alone does not determine a property’s condition.

Maintenance history, previous renovations, exposure to weather, moisture, structural conditions, and the state of individual systems can all influence the amount of work required.

A buyer should therefore evaluate the actual condition of the home rather than relying solely on its construction year.

Located in Castaways Estates

The home is situated in Castaways Estates, a manufactured-home community in Terre Haute.

The community setting is an important part of the property because the buyer is purchasing the manufactured home while leasing the land.

The listing describes Castaways Estates as comfortable and clean and notes that the property manager lives on site.

Community living can provide certain conveniences, but it also means that residents may be subject to community rules and lease requirements.

Potential buyers should review the community’s policies and lease agreement before committing to the purchase.

The $395 Monthly Lot Rent

The listed lot rent is $395 per month.

According to the listing, trash pickup is included in that amount.

The listing also states that residents in comparable communities pay approximately $475 for lot rent and trash pickup, although buyers should independently verify any comparison before relying on it for financial planning.

For someone considering this property, the $395 monthly payment is an important part of the overall budget.

Over the course of a year, $395 per month represents $4,740 in lot rent before considering utilities, insurance, maintenance, renovation costs, and other expenses.

This illustrates why buyers should evaluate both the purchase price and the recurring costs.

The Home Is on Leased Land

The property information confirms that the home is located on leased land.

This means that purchasing the manufactured home does not mean purchasing the underlying lot.

The land lease arrangement should be carefully reviewed before the transaction.

Buyers may want to understand the lease duration, renewal terms, payment policies, community rules, maintenance responsibilities, and any requirements that apply when a manufactured home is sold or transferred.

Understanding the lease is just as important as understanding the physical condition of the home.

A Wooded View

The property is listed as having a wooded view.

For buyers who value a more natural setting, a wooded outlook can add visual interest to the surrounding environment.

The listing specifically identifies the view as wooded.

However, views can change over time depending on landscaping, tree maintenance, development, or other circumstances, so buyers should evaluate the surroundings in person.

Additional Storage With a Shed

The property also includes a shed.

An additional structure can provide useful storage for tools, outdoor equipment, seasonal belongings, or other household items.

For a manufactured home without a basement, exterior storage can be particularly useful.

The condition and size of the shed should be inspected along with the main residence.

No Basement

The home does not have a basement.

This is common with manufactured homes and means that storage and mechanical equipment are handled differently than in a traditional house with a full basement.

The presence of a shed provides one additional storage option.

Buyers planning a renovation should also consider where tools, materials, and household belongings will be kept during the rehabilitation process.

Heating and Cooling

The property is equipped with forced-air heating and central cooling, according to the listing information.

These systems can provide year-round climate control, but their actual condition should be evaluated as part of the rehabilitation process.

Potential buyers may want to determine the age of the equipment, whether it is currently operational, and whether servicing or replacement is necessary.

Heating and cooling costs should also be considered when developing a long-term ownership budget.

Laundry Area

The listing identifies laundry as one of the home’s features.

Having laundry facilities within the home can be a practical advantage and eliminates the need for residents to rely on an external laundromat.

During an inspection, buyers should check the condition of the laundry connections and surrounding flooring for any signs of previous leaks or moisture damage.

Private Septic System

The property information lists a private septic system.

This is another important distinction from homes connected to a municipal sewer system.

Prospective buyers should understand how the septic system is maintained and whether any inspection or servicing is required before purchase.

The condition and age of the septic system can be important considerations, particularly when purchasing a property that requires rehabilitation.

Electricity

The listing identifies 200-amp electrical service.

Electrical capacity is an important consideration when renovating a property.

However, the stated electrical service does not by itself indicate the condition of the wiring, outlets, panels, or other electrical components.

A qualified professional should evaluate the system if there are concerns about its condition or suitability for planned improvements.

Asphalt Roof

The manufactured home has an asphalt roof according to the property information.

The roof should be inspected for its overall condition, age, signs of leakage, and any areas requiring repair.

Because the listing describes the property as a complete rehabilitation project, the roof should be included in the overall evaluation rather than assumed to be in good condition.

Annual Property Taxes

The listing reports an annual tax amount of $167.

Property taxes are another factor to consider when calculating the total cost of ownership.

Although the annual amount is relatively small compared with the initial purchase price and monthly lot rent, buyers should verify the current tax information and understand how taxes apply to the manufactured home.

Other costs, including insurance, utilities, repairs, and community fees, should also be included in a complete budget.

Close to Riley and Local Amenities

The listing notes that the property is near Riley and provides approximate travel times to several nearby destinations.

According to the description, the home is about eight minutes from Meijer, approximately five minutes from Idle Creek Golf Course, and around 15 minutes from downtown Terre Haute.

The listing also references Riley Grade School.

Travel times can vary depending on traffic and route, so buyers should verify distances themselves if proximity to particular destinations is important to their decision.

A Potential Project for Renovation Buyers

The property may be particularly interesting to people who are comfortable with renovation projects.

A $12,900 purchase price provides a relatively low initial entry point, while the 1,232-square-foot footprint offers a substantial amount of interior space.

However, the rehabilitation costs could potentially be significant.

Buyers should create a realistic renovation budget before proceeding.

That budget may include materials, professional labor, permits where required, utility work, structural repairs, appliances, flooring, bathroom improvements, kitchen work, exterior repairs, and other necessary upgrades.

The best way to estimate those expenses is to inspect the property and obtain professional estimates for major work.

The Importance of Evaluating Total Costs

A low purchase price can be attractive, but it does not necessarily mean that the property will have a low total cost.

For this listing, buyers should consider at least three major categories of expenses.

The first is the purchase price of $12,900.

The second is the ongoing lot rent of $395 per month.

The third is the cost of rehabilitating the home.

Utilities, insurance, taxes, maintenance, and potential community-related expenses would also need to be considered.

Looking at all of these costs together provides a more realistic picture of the financial commitment.

Questions Buyers Should Ask

Before purchasing the property, prospective buyers may want to ask the seller or property manager several questions.

They should request a copy of the land lease and clarify exactly what is included in the $395 monthly payment.

They should also ask about community rules, restrictions on renovations, requirements for contractors, parking policies, pets, exterior modifications, and any approval procedures.

Questions about the home’s condition are equally important.

Buyers should determine whether utilities are currently connected, whether the heating and cooling systems work, whether the plumbing is operational, and whether there are known structural or moisture issues.

Why an Inspection Is Important

An inspection can be especially valuable when purchasing a property advertised as a complete rehabilitation.

A visual walkthrough may not reveal problems involving plumbing, electrical systems, structural components, roofing, moisture, or mechanical equipment.

A professional evaluation can help buyers understand the scope of work before they commit to the purchase.

For a renovation project, knowing the condition of the major systems can make a significant difference when calculating the overall budget.

Who Might Consider This Property?

This property could appeal to several types of buyers.

A renovation-minded buyer may appreciate the opportunity to purchase a larger manufactured home at a relatively low initial price.

Someone looking for a two-bedroom, two-bathroom home may also find the layout interesting.

The property could potentially appeal to buyers who prefer manufactured-home community living and are comfortable with a monthly land lease.

On the other hand, buyers seeking a move-in-ready residence may find the rehabilitation requirements less suitable.

The key issue is whether the buyer’s budget, skills, timeline, and expectations match the condition of the home.

Final Thoughts

The manufactured home at 6174 S Sandstone St Lot 14 in Terre Haute, Indiana, is listed for $12,900 and offers approximately 1,232 square feet of living space.

Built in 1999, the home features two bedrooms, two full bathrooms, a living area, laundry facilities, forced-air heating, central cooling, and additional storage through a shed.

The property is located in Castaways Estates and sits on leased land. The current listed lot rent is $395 per month, with trash pickup included.

The listing describes the property as ready for a complete rehabilitation, making the condition of the home one of the most important considerations for potential buyers.

Its relatively low purchase price may attract people looking for an affordable renovation opportunity, but the actual financial commitment will depend on the cost of improvements and the ongoing expenses associated with the land lease and home.

The property’s wooded view, two-bathroom layout, 1,232 square feet of interior space, and location near local amenities add to its potential appeal.

At the same time, buyers should approach the opportunity with a realistic budget and a careful inspection.

A low-cost manufactured home can provide an interesting starting point for a renovation project, but understanding the lease arrangement, community rules, property condition, and expected renovation costs is essential.

Anyone interested in the property should verify the current asking price, availability, lease terms, community requirements, taxes, utilities, and all other property details directly with the listing representative before making a purchase decision.

 

From Zillow