$19,000
SOLD OCT 7, 2016

725 N Main St Tipton, IN 46072

-- Bed
-- Bath
2,688 Sq Ft
9,601 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

32% Below List Price

55 Days on Market

About This Home

As of May 2024

Opportunity time with this 3 unit home in the desirable town of Tipton! Main level has 2 one bedroom units and the upstairs has two bedrooms. The units could be made livable with a few repairs. Large rear yard with oversized one car garage for storage or additional income. Don't miss out on this one!

Last Agent to Sell the Property

Ian Hoffar

Wynkoop Brokerage Firm, LLC License #RB14037245 Listed on: 08/08/2016

Last Buyer's Agent

Shaunacy Odom

Wynkoop Brokerage Firm, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,601 Sq Ft Lot

Community Details

  • Kemps Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 801102517003000002

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Apart Complex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1910
  • Lot Size Acres: 0.2204
  • Subdivision Name: KEMPS
  • Inspection Warranties: Not Applicable
  • Property Description: Opportunity time with this 3 unit home in the desirable town of Tipton! Main level has 2 one bedroom units and the upstairs has two bedrooms. The units could be made livable with a few repairs. Large rear yard with oversized one car garage for storage or additional income. Don't miss out on this one!
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: BankOwned
  • List Price: 24900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 801102517003000002
  • Acres: <1/4 Acre
  • Lot Information: Rural In Subdivision
  • Lot Number: 0
  • Lot Size: 9,600

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1638
  • Semi Annual Property Tax Amt: 819
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Tipton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
May 20, 2024
Sold by
Velasco Mercela
Bought by
Starr Matthew
Seller's Agent
Summer Sherer
RE/MAX Anew Realty
Buyer's Agent
Kim Sottong
RE/MAX Anew Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
319
Current Estimated Value
$219,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,207
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Mar 22, 2019
Sold by
Dean Paikos
Bought by
Velasco Marcela

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 7, 2016
Sold by
Fannie Mae
Bought by
Dean Paikos
Seller's Agent
Ian Hoffar
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Shaunacy Odom
Wynkoop Brokerage Firm, LLC
List Price
$28,000
Sold Price
$19,000
Premium/Discount to List
-$9,000
-32.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.14%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Tony D Frawley
Bought by
Federal National Mortgage Asso A Corpora
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 Type Sale Price Title Company
Deed $200,000 Pinnacle Land Title
Grant Deed $25,000 --
Deed $19,000 Indy Legal Title
Deed $32,600 Mercer Belanger
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $200,000 -9.1% $74 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $220,000 -4.3% $82 / Sq Ft
01/08/2024 01/08/24 For Sale $230,000 +1110.5% $86 / Sq Ft
10/07/2016 10/07/16 Sold $19,000 0.0% $7 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/27/2016 09/27/16 Off Market $19,000 -- --
09/07/2016 09/07/16 Price Changed $24,900 -11.1% $9 / Sq Ft
08/08/2016 08/08/16 For Sale $28,000 -- $10 / 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 $1,967 $167,100 $15,500 $151,600
2023 $540 $27,000 $15,500 $11,500
2022 $555 $26,000 $15,500 $10,500
2021 $485 $22,700 $13,600 $9,100
2020 $525 $22,200 $13,600 $8,600
2019 $911 $41,500 $13,600 $27,900
2018 $879 $39,900 $13,600 $26,300
2017 $953 $43,600 $15,500 $28,100
2016 $1,241 $58,000 $15,500 $42,500
2014 $1,626 $79,800 $15,500 $64,300
2013 $1,626 $79,800 $15,500 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21434990

MIBOR Broker Listing Cooperative®

APN: 80-11-02-517-003.000-002