$166,358
SOLD MAR 21, 2025

606 E Jefferson St Tipton, IN 46072

6 Beds
4 Baths
3,394 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

81% Below List Price

3 Days on Market

About This Home

As of March 2025

Calling all investors! This 3-unit property is located on a corner lot in downtown Tipton and has great curb appeal with a wrap around porch! Large, main level unit with 4 bedrooms and 1.5 baths plus 2 additional one bedroom/one bath units in the upper level. This property is a part of a package that includes 5 multi-family Tipton properties. Package includes this property plus 429 North East Street (22003650), 443 N East St (22016095), 216 E Madison St (22016093) and 627 N Main St (22016103). All 16 units are currently leased, providing immediate income. Whether you're a seasoned investor or just getting started, don't miss this package opportunity to earn rental income and grow your equity on this as-is sale! List price reflects the 5 property package.

Last Agent to Sell the Property

Rachael Burt

Compass Indiana, LLC Brokerage Email: rburt@talktotucker.com License #RB15001149 Listed on: 01/13/2025

Compass Indiana, LLC

Co-Listed By

Ellen Orzeske

Compass Indiana, LLC Brokerage Email: rburt@talktotucker.com License #RB17000778

Last Buyer's Agent

Charise Goodnight

Re/Max Realty One

Re/Max Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1900

Parking

  • Alley Access

Home Design

  • Triplex
  • Traditional Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • The owner pays for all utilities, taxes
  • Tax Lot 801111558041000002
  • Assessor Parcel Number 801111558041000002
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1900
  • Co List Office Phone: 317-259-6000
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: rburt@talktotucker.com
  • Multi Rooms: 16
  • Attribution Contact: rburt@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Owner Pays: All Utilities, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Alley Access, Gravel
  • Unit Parking: Unpaved

Utilities

  • Laundry Features: Connections Some
  • Solid Waste: Yes

Lot Info

  • Lot Features: Access, Sidewalks, Storm Sewer, Street Lights
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 8712
  • Parcel Number: 801111558041000002
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 21845

Tax Info

  • Tax Annual Amount: 1558
  • Tax Lot: 801111558041000002
  • Semi Annual Property Tax Amt: 779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Oct 8, 2019
Sold by
Heron Melonie K
Bought by
Conrad Scott
Seller's Agent
Kim Sottong
RE/MAX Anew Realty
Buyer's Agent
John Kwiatt
RE/MAX Anew Realty
List Price
$99,900
Sold Price
$78,300
Premium/Discount to List
-$21,600
-21.62%
Current Estimated Value
$187,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,875
Avg. Annual Appreciation
14.96%
Source: Public Records
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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
Grant Deed $78,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2025 03/21/25 Sold $166,358 -80.8% $49 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $868,000 +1008.6% $256 / Sq Ft
10/08/2019 10/08/19 Sold $78,300 -7.8% $23 / Sq Ft View Prior Sale
08/21/2019 08/21/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $84,900 -5.6% $25 / Sq Ft
07/18/2019 07/18/19 Price Changed $89,900 -10.0% $26 / Sq Ft
07/02/2019 07/02/19 For Sale $99,900 -- $29 / 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 $1,602 $80,100 $22,700 $57,400
2023 $1,558 $77,900 $22,700 $55,200
2022 $1,558 $77,900 $22,700 $55,200
2021 $1,462 $73,100 $22,700 $50,400
2020 $1,512 $73,100 $22,700 $50,400
2019 $918 $73,100 $22,700 $50,400
2018 $868 $72,300 $22,700 $49,600
2017 $852 $71,800 $22,700 $49,100
2016 $823 $71,800 $22,700 $49,100
2014 $627 $73,300 $22,700 $50,600
2013 $627 $73,300 $22,700 $50,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016101

MIBOR Broker Listing Cooperative®

APN: 80-11-11-558-041.000-002