NOT LISTED FOR SALE

234 S Main St Tipton, IN 46072

6 Beds
4 Baths
4,186 Sq Ft
0.3 Acres

Last Sold October 13, 2020

Last sale price $125,000 $30 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Laundry in Utility Room
  • Tipton High School Rated 9+
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

INVESTMENT OPPORTUNITY!! This partially finished 4 separate unit apartment building is a great opportunity for a long term investment. 1 Unit is completely finished and has a tenant. The other 3 are in the process of getting ready. The 2 upstairs apartments are all roughed in and ready for finishing touches with the other downstairs apartment partially roughed in but needs a little more work. With rent at $750 per month minimum per Apartment you can make your money back real quick on this one. Come check this out as soon as possible!! This property is being sold AS-IS

Last Agent to Sell the Property

Scott Irons

Snyder Strategy Realty, Inc Listed on: 08/17/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66 x 107
  • Corner Lot

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Public Parking
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 80-11-11-546-104.000-002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,784

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 110
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 106 1/2' Off Wh E End I: 12 B: 14
  • Parcel Number ID: 80-11-11-546-104.000-002
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.29
  • Monthly Gross Income: 3000
  • Special Features: None

Interior Features

  • Total Sq Ft: 5679
  • Total Finished Sq Ft: 4186
  • Above Grade Finished Sq Ft: 4186
  • Below Grade Sq Ft: 1493
  • Price Per Sq Ft: 29.86
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block, Brick
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1493
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Dimensional Shingles
  • Stories: 2

Garage/Parking

  • Parking: Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

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

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 66 x 107
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 3000
  • Number Of Refrigerators: 1
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1784

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
10/13/2020 10/13/20 Sold $125,000 -10.7% $30 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $140,000 -6.7% $33 / Sq Ft
08/31/2020 08/31/20 For Sale $150,000 0.0% $36 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $150,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202032684

Indiana Regional MLS