NOT LISTED FOR SALE

631 N Independence St Tipton, IN 46072

Estimated Value: $123,973 - $204,000

4 Beds
3 Baths
3,004 Sq Ft
$53/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $74,000 $25 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,117/month

13 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Baseboard Heating
  • Tile Flooring
  • Ceiling Fan
  • Level Lot

About This Home

As of August 2018

Looking for a nice investment? Check out this well cared for 3 unit apartment building. Tenants pay all their own utilities. All windows have been replaced except 1, newer roof 4/5 yrs. Owner takes great care and have long term tenants. This is a turn key investment. Call to take a look. Must have 24hr notice. Non smoking and no pets.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60 x 120
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,004 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, sewer, water
  • Assessor Parcel Number 80-11-02-517-040.000-002

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,808

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 118
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: JP Kemps 3rd ex 60' E end I:6-B-8 |
  • Parcel Number ID: 80-11-02-517-040.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric, Water Heater Gas
  • Sp Lp Percent: 93.67
  • Monthly Gross Income: 1225
  • Special Features: None

Interior Features

  • Total Sq Ft: 3004
  • Total Finished Sq Ft: 3004
  • Above Grade Finished Sq Ft: 3004
  • Price Per Sq Ft: 24.63
  • Flooring: Carpet, Vinyl Tile, Tile
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Tipton Community School Corp.
  • Elementary School: Tipton
  • Middle School: Tipton
  • High School: Tipton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60 x 120

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cable, Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1225
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 30, 2018
Sold by
Wellinger Debra L
Bought by
Fowler Brian
List Price
$79,000
Sold Price
$74,000
Premium/Discount to List
-$5,000
-6.33%
Current Estimated Value
$160,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,658
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Harris Bank A/K/A Harris Na
Bought by
Wellinger Ronald E and Wellinger Debra L

Purchase Details

Closed on
Nov 10, 2008
Sold by
Frank L Fritch
Bought by
Harris Bank
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
Fowler Brian $75,100 --
Wellinger Ronald E $30,000 Moore Title & Escrow, Inc
Harris Bank $35,000 Hostetler & Kowalik, P.C.
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $74,000 -6.3% $25 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $79,000 -- $26 / Sq Ft
Source: Indiana Regional MLS

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 $2,904 $145,200 $13,500 $131,700
2023 $2,690 $134,500 $13,500 $121,000
2022 $2,389 $119,300 $13,500 $105,800
2021 $2,071 $103,400 $11,900 $91,500
2020 $1,959 $95,300 $11,900 $83,400
2019 $1,788 $86,900 $11,900 $75,000
2018 $1,690 $82,000 $11,900 $70,100
2017 $1,808 $87,900 $11,600 $76,300
2016 $1,744 $84,700 $11,600 $73,100
2014 $1,120 $56,000 $11,600 $44,400
2013 $1,120 $56,000 $11,600 $44,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201834153

Indiana Regional MLS

APN: 80-11-02-517-040.000-002

Indiana Tipton County Tipton 46072

631 N Independence St, Tipton, IN

This home is located at 631 N Independence St, Tipton, IN 46072 since 31 July 2018 and is currently estimated at $160,658, approximately $53 per square foot. This property was built in 1900. 631 N Independence St is a home located in Tipton County with nearby schools including Tipton Elementary School, Tipton Middle School, and Tipton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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