Mint..for $450 you scored. Engine and all the major components look good. Besides the back tires being spun off the thing it looks like under a bit of rust and neglect you may have a really low hours machine..
Little or no wear on the side of the engine casing, same on the sides of the tank..all the little pieces are there (tool kit, clutch adjust screw cap, exhaust heat shield)!! This thing hasn't been riden much for sure!!
Either you knew what to look for or you major lucked out!! But damn these things are cheap in lower Michigan. I go over all the time and get me machines there!!
Current toys..
1986 Honda 350X..trail bomb!
1985 Honda 250SX..my main mudder
1985 Honda 250ES..Back in Black Trike
Current non-trike toys:
1990 Honda TRX300FW
1995 Seadoo GTX
1998 Polaris Indy Lite 340(Nearly new looking)
1998 Polaris Touring 500
1998 Club Car (electric)