407 Southwood Dr Tipton, IN 46072
Estimated payment $1,842/month
Highlights
- Updated Kitchen
- Ranch Style House
- Covered Patio or Porch
- Tipton High School Rated 9+
- No HOA
- Formal Dining Room
About This Home
MOTIVATED SELLER ++ AMAZING UPDATED RANCH IN TIPTON! Owners have spared no expense in making this home perfect. Home remodel converting previous art studio to a large bedroom making this a 3 bedroom home. New kitchen remodel with new lighting and ALL NEW appliances in 2024. New electric fireplace and custom built fireplace mantle in 2024. Entire home freshly painted. Brand new A/C in 2025. You won't find a cleaner house and better craftsmanship anywhere. New exterior trim and door paint and lighting in 2024. Retractable SunSetter retractable awning on shaded side porch makes for a great place to hang out on hot days. Washer and dryer stay with the house. Absolutely wonderful neighborhood with no HOA and close to Tipton schools with an easy commute to north Indy suburbs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,282
Year Built
- Built in 2001 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Rural Setting
- Landscaped with Trees
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
Home Design
- Ranch Style House
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2,066 Sq Ft Home
- Paddle Fans
- Electric Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Attic Access Panel
- Laundry on main level
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Schools
- Tipton Elementary School
- Tipton Middle School
- Tipton High School
Utilities
- Forced Air Heating and Cooling System
- SEER Rated 16+ Air Conditioning Units
- High Efficiency Heating System
- Water Softener is Owned
Community Details
- No Home Owners Association
- Southwood Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 801114510012120002
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,282 | $228,200 | $28,200 | $200,000 |
| 2023 | $2,132 | $213,200 | $28,200 | $185,000 |
| 2022 | $2,300 | $197,000 | $28,200 | $168,800 |
| 2021 | $2,073 | $177,300 | $25,600 | $151,700 |
| 2020 | $2,070 | $171,500 | $25,600 | $145,900 |
| 2019 | $1,998 | $166,000 | $25,600 | $140,400 |
| 2018 | $1,960 | $163,000 | $25,600 | $137,400 |
| 2017 | $1,840 | $153,000 | $25,600 | $127,400 |
| 2016 | $1,800 | $149,600 | $25,600 | $124,000 |
| 2014 | $1,436 | $157,600 | $25,600 | $132,000 |
| 2013 | $1,436 | $159,100 | $25,600 | $133,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | Price Changed | $315,000 | -3.1% | $152 / Sq Ft | |
| 11/22/2025 11/22/25 | For Sale | $325,000 | 0.0% | $157 / Sq Ft | |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- | |
| 10/14/2025 10/14/25 | Price Changed | $325,000 | -3.0% | $157 / Sq Ft | |
| 10/04/2025 10/04/25 | Price Changed | $335,000 | -1.5% | $162 / Sq Ft | |
| 09/23/2025 09/23/25 | For Sale | $340,000 | +40.5% | $165 / Sq Ft | |
| 12/01/2023 12/01/23 | Sold | $242,000 | -3.2% | $117 / Sq Ft | View Prior Sale |
| 11/05/2023 11/05/23 | Pending | -- | -- | -- | |
| 07/18/2023 07/18/23 | Price Changed | $250,000 | -2.0% | $121 / Sq Ft | |
| 07/05/2023 07/05/23 | Price Changed | $255,000 | -3.8% | $123 / Sq Ft | |
| 05/30/2023 05/30/23 | Price Changed | $265,000 | -1.8% | $128 / Sq Ft | |
| 05/15/2023 05/15/23 | For Sale | $269,900 | -- | $131 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $242,000 | First American Title Insurance |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22052053
APN: 80-11-14-510-012.120-002
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