K
Seller's Agent in 2021
Kim Sottong
RE/MAX
(765) 860-5373
184 Total Sales
520 E Jefferson St Tipton, IN 46072
Estimated Value: $184,000 - $219,000
4
Beds
4
Baths
2,080
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Corner Lot
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Covered patio or porch
- Laundry in Utility Room
- Baseboard Heating
About This Home
As of June 2021A well maintained investment property with 4 units that offers a 2 bdrm apt w/laundry rm on main level, a 1 bdrm upstairs apt, 1 bdrm efficiency apt on main, commercial office/shop, a partial basement & a 2+ car det garage. 2 bdrm apt on main has 1 yr lease & the other 2 apts are month to month. Currently property has 3 residential apts & 1 commercial style business. New owner would need to consult government office to insure approval of use of new business to occupy the property. The property is considered to be a legal non-conforming use. Owner of property currently occupy the commercial unit and there is not rent on record. Trophy shop is NOT closing just relocating & owner would be prefer to rent back for 30 to 90 days
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,727
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 66x132
- Wood Fence
- Corner Lot
- Level Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer Hookup
Partially Finished Basement
- Sump Pump
- Crawl Space
Parking
- 2 Car Detached Garage
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, fuel, trash collection, water
- The owner pays for building insurance, electric, heating, tax, water
- Assessor Parcel Number 80-11-11-558-021.000-002
Community Details
Pet Policy
- Pet Restriction
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,840
- Fuel Expense $1,132
- Insurance Expense $1,348
- Water Sewer Expense $600
Additional Features
- 4 Units
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2021
Closed on
Jun 17, 2021
Sold by
Hartsough Shirley E
Bought by
Jbm Enterprises Llc
Seller's Agent
Kim Sottong
RE/MAX Anew Realty
Buyer's Agent
Summer Sherer
RE/MAX Anew Realty
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,193
Avg. Annual Appreciation
5.11%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jbm Enterprises Llc | $170,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2021 06/17/21 | Sold | $170,000 | +6.3% | $82 / Sq Ft |
| 06/02/2021 06/02/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $159,900 | -- | $77 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,573 | $151,300 | $27,400 | $123,900 |
| 2023 | $3,476 | $147,000 | $27,400 | $119,600 |
| 2022 | $3,622 | $154,300 | $27,400 | $126,900 |
| 2021 | $2,627 | $107,600 | $27,400 | $80,200 |
| 2020 | $2,727 | $107,600 | $27,400 | $80,200 |
| 2019 | $2,727 | $107,600 | $27,400 | $80,200 |
| 2018 | $2,694 | $106,200 | $27,400 | $78,800 |
| 2017 | $2,664 | $105,000 | $27,400 | $77,600 |
| 2016 | $2,664 | $105,000 | $27,400 | $77,600 |
| 2014 | $2,644 | $107,900 | $27,400 | $80,500 |
| 2013 | $2,644 | $108,000 | $27,500 | $80,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Sottong
-
Summer Sherer
Buyer's Agent in 2021
Summer Sherer
RE/MAX
(765) 437-7629
86 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202119560
APN: 80-11-11-558-021.000-002
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