NOT LISTED FOR SALE

415 W Madison St Tipton, IN 46072

Estimated Value: $140,000 - $234,000

2 Beds
2 Baths
1,280 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $107,000 $84 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,075/month

115 Days on Market

About This Home

As of August 2022

Great Investment Opportunity! Each unit is a 1 bedroom, 1 bath, efficiency kitchen. New carpet, updated bath and fresh paint in both units. Metal roof, updated mechanicals. Both units vacant as of July 1.

Last Agent to Sell the Property

Cammy Burton

RE/MAX Anew Realty Listed on: 03/25/2022

RE/MAX Anew Realty

Last Buyer's Agent

Cammy Burton

RE/MAX Anew Realty Listed on: 03/25/2022

RE/MAX Anew Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1940

Lot Details

  • 5,663

Home Design

  • Ranch Style House

Additional Features

  • Crawl Space
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, sewer, trash collection, all utilities, water
  • The owner pays for lawncare, taxes
  • Assessor Parcel Number 801111555020000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1940

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: 2022
  • Year Built: 1940
  • Lot Size Acres: 0.13
  • 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: Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 1280
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 114900
  • Roof: Metal

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0
  • HVAC: Gas Forced Air

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 801111555020000002
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Not In Subdivision
  • Lot Number: 0
  • Lot Size: 120x49

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1596
  • Semi Annual Property Tax Amt: 798
  • Tax Exemption: None

MLS Schools

  • School District: Tipton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2014
Sold by
Jerry J Martz
Bought by
Martz Jerry J
Current Estimated Value
$176,575
Source: Public Records

Range of Values:

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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
Martz Jerry J -- Mccann Legal
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $107,000 -6.9% $84 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $114,900 -4.2% $90 / Sq Ft
03/25/2022 03/25/22 For Sale $119,900 -- $94 / 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 $1,377 $106,600 $12,700 $93,900
2023 $982 $99,200 $12,700 $86,500
2022 $904 $89,200 $12,700 $76,500
2021 $1,533 $76,400 $11,600 $64,800
2020 $1,492 $71,200 $11,600 $59,600
2019 $1,460 $69,600 $11,600 $58,000
2018 $1,398 $66,500 $11,600 $54,900
2017 $1,310 $62,100 $15,800 $46,300
2016 $1,175 $55,300 $11,000 $44,300
2014 $1,133 $56,300 $11,000 $45,300
2013 $1,133 $52,200 $11,000 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844987

MIBOR Broker Listing Cooperative®

APN: 80-11-11-555-020.000-002