NOT LISTED FOR SALE

418 420 Valley St Tipton, IN 46072

Estimated Value: $177,000 - $254,000

2 Beds
1 Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $222,500

Est. 1% increase in value since last sale

Current estimated payment $1,417/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2024

Newly renovated income producing duplex in near downtown Tipton. One unit is vacant and was recently updated with new flooring and paint throughout, complete bathroom and kitchen renovation, and new windows. Other unit is rented to a long term tenant. . 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: 05/24/2024

Co-Listed By

Bill Eckhart

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

Last Buyer's Agent

Angela Line

Highgarden Real Estate License #RB15000611

Highgarden Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1994

Lot Details

  • 5,663

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Tipton Elementary School
  • Tipton Middle School
  • Tipton High School

Additional Features

  • 1-Story Property
  • 5,663 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Park View Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes, sewer
  • Tax Lot 8
  • Assessor Parcel Number 801111505018000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1994
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: Park View
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 111250
  • MBR_AttributionContact: robbin.edwards@encoresir.com
  • Attribution Contact: robbin.edwards@encoresir.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance, Taxes, Sewer
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 219900
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Gravel
  • Unit Parking: 1 Car Space

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 1000

Schools

  • Middle Or Junior School: Tipton Middle School

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5663
  • Parcel Number: 801111505018000002
  • Acres: <1/4 Acre
  • Price Acre: 1711538

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Operating Expense: 1000
  • Gross Income: 22200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2530
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 1265

MLS Schools

  • Elementary School: Tipton Elementary School
  • High School: Tipton High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 26, 2024
Sold by
Meyers Jason
Bought by
Whitton Samuel Jon
Seller's Agent
Robbin Edwards
Encore Sotheby's International
Buyer's Agent
Angela Line
Highgarden Real Estate
List Price
$219,900
Sold Price
$222,500
Premium/Discount to List
$2,600
1.18%
Views
6
Current Estimated Value
$225,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,903
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jan 11, 2022
Sold by
Richardson Bob D
Bought by
Meyers Jaron
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 Buyer Sale Price Title Company
Whitton Samuel Jon $222,500 Meridian Title Corporation
Meyers Jaron $140,000 Metropolitan Title Of Indiana
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $222,500 +1.2% --
05/28/2024 05/28/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $219,900 -- --
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 $2,069 $150,900 $16,700 $134,200
2023 $2,810 $140,500 $16,700 $123,800
2022 $2,530 $126,500 $16,700 $109,800
2021 $2,296 $114,800 $14,800 $100,000
2020 $2,186 $106,800 $14,800 $92,000
2019 $2,134 $104,200 $14,800 $89,400
2018 $2,052 $100,100 $14,800 $85,300
2017 $1,862 $90,600 $14,400 $76,200
2016 $1,796 $87,300 $14,400 $72,900
2014 $1,622 $81,100 $14,400 $66,700
2013 $1,622 $83,700 $14,400 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21980672

MIBOR Broker Listing Cooperative®

APN: 80-11-11-505-018.000-002