$232,000
SOLD AUG 22, 2024

406 Cleveland St Tipton, IN 46072

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

3% Below List Price

11 Days on Market

About This Home

As of August 2024

Fully rented income producing duplex in near downtown Tipton. One side has been renovated with new flooring, paint, and new refrigerator. Both units are separately metered. Located close to downtown this property is in an excellent location to capitalize on Tipton's growth.

Last Agent to Sell the Property

Robbin Edwards

Encore Sotheby's International Brokerage Email: robbin.edwards@encoresir.com License #RB14051259 Listed on: 07/08/2024

Co-Listed By

Bill Eckhart

Encore Sotheby's International Brokerage Email: robbin.edwards@encoresir.com License #RB20002083

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1984

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 801102517036008002
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,966

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1984
  • Lot Size Acres: 0.17
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 116000
  • MBR_AttributionContact: robbin.edwards@encoresir.com
  • Multi Rooms: 10
  • Attribution Contact: robbin.edwards@encoresir.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 239000
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Central Electric
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 1000

Lot Info

  • Lot Features: Sidewalks, Not In Subdivision, Suburb
  • Current Use: Residential
  • Lot Size Sq Ft: 7405
  • Parcel Number: 801102517036008002
  • Acres: <1/4 Acre
  • Price Acre: 1364706

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 22500
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2966
  • Tax Lot: 53
  • Semi Annual Property Tax Amt: 1483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 22, 2024
Sold by
Meyers Jaron
Bought by
M & R Boester Properties Llc
Seller's Agent
Robbin Edwards
Encore Sotheby's International
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$239,000
Sold Price
$232,000
Premium/Discount to List
-$7,000
-2.93%
Views
17
Current Estimated Value
$238,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,377
Avg. Annual Appreciation
-1.04%

Purchase Details

Closed on
Nov 22, 2021
Sold by
Weddell Jill
Bought by
Amblesideroperties Corp

Purchase Details

Closed on
Dec 30, 2020
Sold by
Terri Curnett
Bought by
Weddell Jill

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:

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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 Type Sale Price Title Company
Deed $232,000 Metropolitan Title Of Indiana,
Deed $123,000 Pinnacle Land Title
Grant Deed $88,000 --
Deed $67,000 Title Guaranty & Abstract Comp
Deed $50,000 Title Guaranty And Abstract Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $232,000 -2.9% --
07/20/2024 07/20/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $239,000 -- --
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 $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: 21988359

MIBOR Broker Listing Cooperative®

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