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130 W North Street

Tipton, IN 46072

– beds
– baths
– sqft
7,248 sqft lot
1920 build

Turn Key Investment property. This well-maintained updated 4-plex offers an excellent investment opportunity with established, long-term tenants providing steady income. 3 tenants are on month-to-month leases, and one has a lease through 4/2025 allowing flexibility for new ownership decisions. Strong rental demand in this area ensures high occupancy. The property has easy access to US 31. Whether you're a seasoned investor or just starting, this property presents an ideal opportunity for reliable income with growth potential. All units include washers, dryers, refrigerators, and oven ranges. Recent updates include a New roof in 11/2024, a New HE commercial-grade water heater, and a New HE commercial-grade boiler heater.

Listing courtesy of MIBOR / Carpenter, REALTORS®

Last checked: Checking… • Last updated Dec 20, 2024 •

MLS# 22014296 —

The Building

Year Built:

1920
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

TraditonalAmerican
Levels:

Two
Roof:

Asphalt
Basement:

true
Basement:

Partial
Foundation Details:

Concrete Perimeter, Slab
Exterior Features:

Not Applicable
Security Features:

Smoke Alarm
Direction Faces:

South
Green Certification:

No
Gross Area SqFt:

3028

Interior

Laundry Features:

Connections All, Laundry Closet, Laundry Room

Location

Directions:

GPS Friendly
Latitude:

40.286623
Longitude:

-86.042509

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Property Attached:

true
Parcel Number:

801111515029000002
Acres:

<1/4 Acre
Lot Features:

Curbs, Not In Subdivision, Sidewalks
Lot Size Acres:

0.16
Lot Size SqFt:

7,248 Sqft
Price Per Acre:

2436875
Property Condition:

Updated/Remodeled
Additional Parcels:

false
Structure Type:

Quadruplex
View:

false
Waterfront:

false
Fencing:

Fence Full Rear
Fence:

Yes
Current Use:

Residential
Possible Use:

Residential
Road Access:

Not Applic
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

0010021900
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

746

The Listing

Inspection Warranties:

General,Not Applicable

Heating & Cooling

Heating:

Radiator(s)
Cooling:

Window Unit(s)

Utilities

Building Utilities:

Sewer,Sump Pump,Water
Solid Waste:

Yes

Schools

Elementary School:

Tipton Elementary School
Middle Or Junior School:

Tipton Middle School
High School:

Tipton High School
High School District:

Tipton Community School Corp

The Community

Subdivision Name:

Blounts Add

Parking

Parking:

On Street,Unpaved
Parking Features:

Alley Access

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
12/10/24 Dec 10, 2024	Listed / Active	MIBOR	$389,900	497.6% (68.1% / YR)
8/22/17 Aug 22, 2017		MIBOR	$65,243

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This multifamily located in Tipton, IN 46072 is currently for sale for $389,900. 130 W North Street is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Tipton Elementary School, Tipton High School, and Tipton Middle School.

Listing Courtesy of: MIBOR and Carpenter, REALTORS®.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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