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$114,900   Price Analysis
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415-417 W Madison St
Tipton, IN 46072
2 bed 2 bath 1,280 SqFt ($89/SqFt)
5,663SqFt lot. Built 1940
Listed 2022-03-25
USDA Eligible
near Normanda, IN
 

Great Investment Opprtunity!

* No Longer For Sale *
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Eac h unit is a 1 bedroom, 1 bath, efficiency kitchen. Pristine carpet, updated bath and fresh paint in both units.

Metal roof, updated mechanicals. Both units vacant as of July 1.


Presented by Cammy Burton at
RE MAX Anew Realty.


Property MLS #202210024 from IRMLS

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Laundry Features: # of Washers: 2, # of Dryers: 2

Cooling Features: Central Air
Heating Features: Gas, Forced Air

Furnished Description: Building, Business, Land
Flooring: Carpet

Basement Description: Crawl

Lot Description: Level
Lot Size Acres: 0.1300046
Lot Size Dimensions: 120x49
Lot Size Square Feet: 5663

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

Tipton High School is a public high school located approximately 0.6 miles away.
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Tipton Middle School is a public middle school located approximately 0.7 miles away.
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Tipton Elementary School is a public elementary school located approximately 0.8 miles away.
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Saint John The Baptist School is a private elementary school located approximately 0.7 miles away.
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Number of Units: 2
Number of 1 Bedroom Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit-1 Square Feet: 640
Unit-2 Square Feet: 640
Unit 1 Total Actual Rent: 550
Unit 2 Total Actual Rent: 550

Income Includes: 13200
Lease Term: Month to Month
Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water

Community Features: Water Heater Gas

Source Listing Status: Sold
County: Tipton County
Directions: From Jefferson St (SR 28) turn S on 1st St, W on Madison. Property is on the south side of the road.
Tax Year: 2022
Source Property Type: Duplex
Owner Pays: Lawn Maintenance, Maintenance, Tax
Parcel Number: 80-11-11-555-020.000-002
Property Location: City/Town/Suburb
Township: Cicero
Source System Name: C2C

Listing removed 2022-08-12
$114,900
MIBOR
Sold 2022-08-12
$107,000
IRMLS
Price Changed 2022-06-10
$114,900
MIBOR
Price Changed 2022-06-10
$114,900
IRMLS
Listed 2022-03-25
$119,900
MIBOR
Listed 2022-03-25
$119,900
IRMLS

Net Operating Income: 11605

Total Square Feet Living: 1280
Year Built: 1940
Above Grade Finished Area: 1280
Property Age: 82
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 1280

Sewer: City
City

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.