NOT LISTED FOR SALE

606 E Jefferson St Tipton, IN 46072

Estimated Value: $166,051

6 Beds
4 Baths
3,394 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2025

Last sale price $166,358 $49 Per Sq Ft

Current estimated payment $1,034 / mo

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

Lot Details

  • 8,712

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

8,712 Sq Ft Lot

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
Jan 13, 2025
Closed on
Mar 21, 2025
Sold by
Scott C Conrad On Behalf Of Conrad Deve
Bought by
Keith W Brown On Behalf Of Central Indiana 25
Seller's Agent
Rachael Burt
Compass Indiana, LLC
Buyer's Agent
Charise Goodnight
Re/Max Realty One
List Price
$868,000
Sold Price
$166,358
Premium/Discount to List
-$701,642
-80.83%
Views
3
Current Estimated Value
$166,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$307
Avg. Annual Appreciation
1.28%

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Keith W Brown On Behalf Of Central Indiana 25 $184,241 Metropolitan Title Of Indiana
Conrad Scott $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

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
2025 $1,602 $85,600 $22,700 $62,900
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

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