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 Listed By

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

0

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
  • List Price: 119000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 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

Multi Family

  • Number Of Units Total: 3

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

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

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dawn Myers

    Seller's Agent in 2021

    Dawn Myers

    F.C. Tucker Company

    (765) 437-4659

    75 Total Sales

    Dawn Myers
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21767754

MIBOR Broker Listing Cooperative®

Indiana Tipton County Tipton 46072

121 S Independence St, Tipton, IN

Homes for Sale in Tipton, IN

This home is located at 121 S Independence St, Tipton, IN 46072 since 23 February 2021. This property was built in 1930. 121 S Independence St is a home located in Tipton County with nearby schools including Tipton Elementary School, Tipton Middle School, and Tipton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.