NOT LISTED FOR SALE

121 S Independence St Tipton, IN 46072

9 Beds
3 Baths
3,936 Sq Ft
6,338 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $112,500 $29 Per Sq Ft

12 Days on Market

About This Home

As of April 2021

This great multi-use commercial building is located in the heart of downtown Tipton! The building was previously used for office space but has most recently been used as a three-unit rental. If you're in need of an office/possible retail space with the ability to supplement your income with a couple of rental units or you're an investor looking to expand your rental portfolio, this property is just the one for you. The building is larger than it might appear with just under 4,000 sq ft. As a rental, the front space could be a 3-4 bed unit, middle unit a 2 bedroom and the back unit a 2 bedroom. The building offers three private entrances and a common-area laundry. Don't miss out on this unique opportunity at a great price!

Last Agent to Sell the Property

Dawn Myers

F.C. Tucker Company License #RB15000029 Listed on: 02/23/2021

F.C. Tucker Company

Last Buyer's Agent

Dawn Myers

F.C. Tucker Company License #RB15000029 Listed on: 02/23/2021

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1930

Lot Details

  • 6,338

Additional Features

  • 1-Story Property
  • 6,338 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 801111546047000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,116

Year Built

Built in 1930

Lot Details

6,338 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1930
  • Lot Size Acres: 0.1455
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This great multi-use commercial building is located in the heart of downtown Tipton! The building was previously used for office space but has most recently been used as a three-unit rental. If you're in need of an office/possible retail space with the ability to supplement your income with a couple of rental units or you're an investor looking to expand your rental portfolio, this property is just the one for you. The building is larger than it might appear with just under 4,000 sq ft. As a rental, the front space could be a 3-4 bed unit, middle unit a 2 bedroom and the back unit a 2 bedroom. The building offers three private entrances and a common-area laundry. Don't miss out on this unique opportunity at a great price!
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 0

Lot Info

  • Parcel Number: 801111546047000002
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: -
  • Lot Size: 6,336

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 2116
  • Semi Annual Property Tax Amt: 1058
  • Tax Exemption: None

MLS Schools

  • School District: Tipton Community
  • Schools: Tipton Elementary,Tipton High,Tipton Middle
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $112,500 -5.5% $29 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $119,000 -- $30 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,325 $77,500 $13,900 $63,600
2023 $2,250 $75,000 $13,900 $61,100
2022 $2,250 $75,000 $13,900 $61,100
2021 $2,115 $70,500 $13,900 $56,600
2020 $2,215 $70,500 $13,900 $56,600
2019 $2,215 $70,500 $13,900 $56,600
2018 $2,260 $72,000 $13,900 $58,100
2017 $2,191 $69,700 $13,900 $55,800
2016 $2,191 $69,700 $13,900 $55,800
2014 $2,085 $69,500 $13,900 $55,600
2013 $2,085 $69,600 $14,000 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21767754

MIBOR Broker Listing Cooperative®
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