NOT LISTED FOR SALE

227 S Main St Tipton, IN 46072

Estimated Value: $191,000 - $299,000

6 Beds
3 Baths
3,240 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $100,000 $31 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,555/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Outdoor Storage
  • Partially Fenced Property

About This Home

As of July 2019

A great opportunity to purchase a investment property. This 3 unit property has a 1 bdrm apartment, a 2 bedroom apartment, a 3 bedroom apartment and they are all leased and occupied. Also has a garage and storage building that could be potential for more income is used as a rental with the property. Unit 225 is a two bdrm w/laundry in bath room, 227 is a 1 bdrm upstairs apartment no laundry and 229 is a 3 bdrm with laundry room.

Last Listed By

Kim Sottong

RE/MAX Anew Realty License #RB14027401 Listed on: 06/24/2019

RE/MAX Anew Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • Outdoor Storage
  • Basement

Listing and Financial Details

  • Tenant pays for electricity, garage available, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 801111546077000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1880
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: A great opportunity to purchase a investment property. This 3 unit property has a 1 bdrm apartment, a 2 bedroom apartment, a 3 bedroom apartment and they are all leased and occupied. Also has a garage and storage building that could be potential for more income is used as a rental with the property. Unit 225 is a two bdrm w/laundry in bath room, 227 is a 1 bdrm upstairs apartment no laundry and 229 is a 3 bdrm with laundry room.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial, Storage
  • Foundation Details: Other
  • List Price: 104900
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: 1 Car Garage,Parking Lot,Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 9182

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 801111546077000002
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,See Remarks
  • Lot Number: 0
  • Lot Size: 13068

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Garage Available, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2346
  • Semi Annual Property Tax Amt: 1173
  • Tax Exemption: None

MLS Schools

  • School District: Tipton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 29, 2019
Sold by
Abc Runner Llc
Bought by
Six Timothy J
Seller's Agent
Kim Sottong
RE/MAX Anew Realty
Buyer's Agent
Sami Holmgren
RE/MAX Anew Realty
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Total Days on Market
3
Current Estimated Value
$236,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,619
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
May 22, 2015
Sold by
Carl Gehlhausen
Bought by
Abc Runner Llc

Range of Values:

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Average Value
Not Available
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
Six Timothy J $100,000 --
Abc Runner Llc $110,000 Meridain Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $100,000 -4.7% $31 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $104,900 -- $32 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,919 $141,800 $20,200 $121,600
2023 $2,737 $132,700 $20,200 $112,500
2022 $2,495 $120,600 $20,200 $100,400
2021 $2,254 $109,100 $18,300 $90,800
2020 $2,550 $121,400 $18,300 $103,100
2019 $2,500 $118,900 $18,300 $100,600
2018 $2,396 $113,700 $18,300 $95,400
2017 $2,223 $105,100 $16,300 $88,800
2016 $2,155 $101,700 $16,300 $85,400
2014 $2,105 $101,800 $16,300 $85,500
2013 $2,105 $101,900 $16,400 $85,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kim Sottong

    RE/MAX Anew Realty

    (765) 860-5373

    186 Total Sales

    Kim Sottong
    Section Image
  • Sami Holmgren

    Buyer's Agent in 2019

    Sami Holmgren

    RE/MAX Anew Realty

    (765) 437-3787

    99 Total Sales

    Sami Holmgren
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21649707

MIBOR Broker Listing Cooperative®

APN: 80-11-11-546-077.000-002

Indiana Tipton County Tipton 46072

227 S Main St, Tipton, IN

Homes for Sale in Tipton, IN

This home is located at 227 S Main St, Tipton, IN 46072 since 24 June 2019 and is currently estimated at $236,619, approximately $73 per square foot. This property was built in 1880. 227 S Main 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.

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