NOT LISTED FOR SALE

112 W Adams St Tipton, IN 46072

Estimated Value: $144,000 - $225,000

4 Beds
2.5 Baths
2,448 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $120,000 $49 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,258/month

2 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Hot Water Heating System
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of December 2021

Duplex. East side is 2 bedroom, 1.5 baths. West side is 2 bedroom, 1 bath. Appliances stay. Separate wood decks on rear of property.

Last Listed By

Diane Speer

Speer Appraising Listed on: 11/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1900

Lot Details

  • 3,136 Sq Ft Lot
  • Lot Dimensions are 48x66
  • Sloped Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Storm Windows
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel, trash collection
  • The owner pays for water
  • Assessor Parcel Number 80-11-11-546-103.001-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $600
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Original - 47 1/2 Md Pt I:12 B: 14
  • Parcel Number ID: 80-11-11-546-103.001-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Porch Covered, Storm Windows
  • Inside City Limits: Yes
  • Sp Lp Percent: 100.93
  • Zoning Description: Medium Density Residential
  • Monthly Gross Income: 1200
  • Special Features: None

Interior Features

  • Total Sq Ft: 3672
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Below Grade Sq Ft: 1224
  • Price Per Sq Ft: 49.02
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1224
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Heating Fuel: Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Schools

  • School District: Tipton Community School Corp.
  • Elementary School: Tipton
  • Middle School: Tipton
  • High School: Tipton

Lot Info

  • Lot Description: Slope, Flood Plain
  • Lot Dimensions: 48x66
  • Estimated Lot Sq Ft: 3136
  • Estimated Lot Size Acres: 0.072

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel, Trash Collection

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Dec 7, 2021
Sold by
Speer Douglas A
Bought by
Cox Mark B
Seller's Agent
Diane Speer
Speer Appraising
Buyer's Agent
Diane Speer
Speer Appraising
List Price
$118,900
Sold Price
$120,000
Premium/Discount to List
$1,100
0.93%
Total Days on Market
2
Current Estimated Value
$184,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,892
Avg. Annual Appreciation
13.56%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cox Mark B $120,000 Pinnacle Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $120,000 +0.9% $49 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $118,900 -- $49 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,730 $136,500 $8,700 $127,800
2023 $2,524 $126,200 $8,700 $117,500
2022 $1,126 $112,600 $8,700 $103,900
2021 $1,292 $64,600 $7,900 $56,700
2020 $1,250 $60,000 $7,900 $52,100
2019 $1,222 $58,600 $7,900 $50,700
2018 $1,166 $55,800 $7,900 $47,900
2017 $1,068 $50,900 $6,800 $44,100
2016 $1,032 $49,100 $6,800 $42,300
2014 $1,076 $53,800 $6,800 $47,000
2013 $1,076 $53,900 $6,900 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202147829

Indiana Regional MLS

APN: 80-11-11-546-103.001-002