At one time, mobile homes in Indiana were considered personal property and taxed as such. Then if you owned the land, they became like a house, part of the property.
No idea why, buy the law recently changed and now back to personal property.
I am surprised a bank would lend a dime on a mobile home, especially a used one.
Many times insurance companies won't insure them either, unless you had coverage when the trailer was new. American modern will.
Not sure when, but Area Planning in Vigo county, Terre Haute, In, basically put an end to single wide mobile homes, by requiring them to be put in a trailer park.
If you have a trailer that is 25 years old, you can't do a thing with it. Area planning won't give you a permit to even move it legally, even if you wanted to give it away to a homeless person unless you can prove you have upgraded the electrical, windows, siding and it meets Area Planning and the building inspector's code.
Double wides can be set up in some areas of town, but on a foundation.
Single wides are ABSOLUTELY WORTHLESS. Same things is happening in Florida. Once a trailer or double wide is set up, good luck getting permits to move it. A real bad idea to buy one period. And if you own on like my mother did, She lost 65% of her investment in 10 years buying a new double wide in a retirement park in Florida where she was paying close to $600 rent.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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