NOT LISTED FOR SALE

222 S Independence St Tipton, IN 46072

Estimated Value: $233,000 - $259,000

1 Bed
3 Baths
3,322 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $140,000 $42 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,867/month

26 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

As of September 2022

A great opportunity for an investment property located close to downtown Tipton. The property is currently the home of Knights of Columbus and is zoned residential. The new owner would have to apply for a variance to have a business or multiple family units. The property is being sold with the kitchen cooking equipment which include a commercial dishwasher, 6 burner range with double ovens, commercial refrigerator, ice machine, freezer, 2 deep fryers, griddle, grill, and beer cooler will stay. Kitchen utensils, folding tables, chairs, alcohol, K of C memorabilia/equipment and liquor license will not stay. Other items on property maybe negotiable. The property has a kitchen, banquet room, 3 bath rooms, bar room, storage room and office on the main level. Upstairs there is what once was an apartment and now storage. Lots of possibilities just waiting for you.

Last Agent to Sell the Property

Kim Sottong

RE/MAX Anew Realty Listed on: 07/21/2022

RE/MAX Anew Realty

Last Buyer's Agent

Cammy Burton

RE/MAX Anew Realty

RE/MAX Anew Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x198
  • Level Lot

Home Design

  • Brick Foundation
  • Slab Foundation
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Tipton Elementary And Middle School
  • Tipton High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for electric, heating, water
  • Assessor Parcel Number 80-11-11-546-076.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,309

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 112
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 3
  • Total Number of Half Bathrooms: 3
  • Legal Description: Original I: 8 B: 15
  • Parcel Number ID: 80-11-11-546-076.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 93.4
  • Year Taxes Payable: 51.25
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3994
  • Total Finished Sq Ft: 3322
  • Above Grade Finished Sq Ft: 3322
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 42.14
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet
  • Main Level Sq Ft: 1485
  • Total Below Grade Sq Ft: 672
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Block, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Gravel, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x198
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Rental Info

  • Owner Pays: Electric, Heating, Water

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1

MLS Schools

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

Range of Values:

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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
09/28/2022 09/28/22 Sold $140,000 -6.6% $42 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $149,900 -- $45 / 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 $6,309 $210,300 $26,800 $183,500
2023 $5,799 $193,300 $26,800 $166,500
2022 $0 $193,300 $26,800 $166,500
2021 $50 $178,700 $26,800 $151,900
2020 $50 $178,700 $26,800 $151,900
2019 $50 $178,700 $26,800 $151,900
2018 $50 $177,900 $26,800 $151,100
2017 $50 $176,500 $28,800 $147,700
2016 $50 $176,500 $28,800 $147,700
2014 -- $175,100 $28,800 $146,300
2013 -- $173,500 $28,800 $144,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Sottong

    RE/MAX

    (765) 860-5373

    82 in this area

    182 Total Sales

    Section Image
  • Cammy Burton

    Buyer's Agent in 2022

    Cammy Burton

    RE/MAX

    (317) 460-0758

    77 in this area

    129 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202230482

Indiana Regional MLS

APN: 80-11-11-546-076.000-002

Indiana Tipton County Tipton 46072

222 S Independence St, Tipton, IN

This home is located at 222 S Independence St, Tipton, IN 46072 since 21 July 2022 and is currently estimated at $248,228, approximately $74 per square foot. This property was built in 1910. 222 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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