NOT LISTED FOR SALE

404 Cleveland St Tipton, IN 46072

Estimated Value: $183,000 - $261,000

2 Beds
1 Bath
1,848 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $166,880 $90 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,455/month

6 Days on Market

About This Home

As of May 2022

CASH COW! This well cared for duplex offers a great location and a really solid investment opportunity. There are two well maintained units with 2 bedrooms and 1 bathroom each. One furnace is newer, new oven in one unit and all new flooring, paint and appliances in the other unit. Both are currently rented and have a property manager in place that manages them.

Last Agent to Sell the Property

John Long

Coldwell Banker - Kaiser Listed on: 03/18/2022

Coldwell Banker - Kaiser

Last Buyer's Agent

Robbin Edwards

Encore Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1984

Lot Details

  • 7,405

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Crawl Space
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 801102517036008002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,594

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1984
  • Lot Size Acres: 0.17
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Amenities: outbuilding

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Construction Stage: Completed

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Insurance Expenses: 850

Lot Info

  • Parcel Number: 801102517036008002
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Not In Subdivision,Suburban
  • Lot Number: 0
  • Lot Size: 7540

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, All Utilities

Multi Family

  • Net Operating Income: 15390

Tax Info

  • Tax Annual Amount: 1594
  • Semi Annual Property Tax Amt: 797
  • Tax Exemption: None

MLS Schools

  • School District: Tipton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Meyers Jaron
Bought by
M & R Boester Properties Llc
Current Estimated Value
$227,775

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 22, 2021
Sold by
Weddell Jill
Bought by
Amblesideroperties Corp
Seller's Agent
Brenda Noble
Buyer's Agent
John Long
Coldwell Banker - Kaiser
List Price
$119,900
Sold Price
$123,000
Premium/Discount to List
$3,100
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%

Purchase Details

Listed on
Dec 11, 2020
Closed on
Dec 30, 2020
Sold by
Terri Curnett
Bought by
Weddell Jill
Seller's Agent
Brenda Noble
Buyer's Agent
Brenda Noble
List Price
$84,900
Sold Price
$88,000
Premium/Discount to List
$3,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.07%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Terry W Guffey
Bought by
Curnutt Brett and Curnutt Terri L

Purchase Details

Closed on
Oct 1, 2008
Sold by
Terry W Guffey Etal
Bought by
Guffey Terry W and Guffey Linda C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
M & R Boester Properties Llc $232,000 Metropolitan Title Of Indiana,
Amblesideroperties Corp $123,000 Pinnacle Land Title
Weddell Jill $88,000 --
Curnutt Brett $67,000 Title Guaranty & Abstract Comp
Guffey Terry W $50,000 Title Guaranty And Abstract Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $166,880 -7.2% $90 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $179,900 +46.3% $97 / Sq Ft
11/23/2021 11/23/21 Sold $123,000 +2.6% $67 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $119,900 +36.3% $65 / Sq Ft
12/31/2020 12/31/20 Sold $88,000 +3.7% $48 / Sq Ft View Prior Sale
12/15/2020 12/15/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $84,900 -- $46 / 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 $3,254 $162,700 $12,900 $149,800
2023 $2,966 $148,300 $12,900 $135,400
2022 $2,638 $131,400 $12,900 $118,500
2021 $1,671 $83,100 $11,300 $71,800
2020 $1,595 $76,800 $11,300 $65,500
2019 $1,499 $72,000 $11,300 $60,700
2018 $1,443 $69,200 $11,300 $57,900
2017 $1,509 $72,500 $11,100 $61,400
2016 $1,457 $69,900 $11,100 $58,800
2014 $1,312 $65,000 $11,100 $53,900
2013 $1,312 $65,000 $11,100 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21843494

MIBOR Broker Listing Cooperative®

APN: 80-11-02-517-036.008-002