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627 N Main Street

Tipton, IN 46072

– beds
– baths
– sqft
9,583 sqft lot
1959 build

Calling all investors! This 3-unit multi-family property has 2 units downstairs and 1 unit upstairs, all with one bedroom and one bathroom and private entrances. This property is part of a package that includes 5 multi-family properties in the charming town of Tipton. Package includes this property plus 216 E Madison St (22016093), 429 N East St (22016095), 606 East Jefferson (22016101) and 443 N East St (22016095). 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.

Listing courtesy of MIBOR / F.C. Tucker Company

Last checked: Checking… • Last updated Jan 15, 2025 •

MLS# 22016103 —

The Building

Year Built:

1959
New Construction:

false
Construction Materials:

Aluminum Siding
Architectural Style:

TraditonalAmerican
Levels:

One and One Half
Basement:

false
Exterior Features:

Not Applicable
Security Features:

Smoke Alarm
Green Certification:

No
Gross Area SqFt:

2121

Interior

Laundry Features:

No Laundry Facil.

Location

Directions:

GPS Friendly
Latitude:

40.29135
Longitude:

-86.040698

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Triplex
Parcel Number:

801102517029000002
Acres:

<1/4 Acre
Lot Features:

Corner Lot, Sidewalks, Street Lights, Mature Trees
Lot Size Acres:

0.22
Lot Size SqFt:

9,583 Sqft
Price Per Acre:

3945455
Zoning:

residential
Structure Type:

Triplex
Current Use:

Residential
Possible Use:

Apt<20
Road Access:

Frontage Road
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

801102517029000002
Tax Year:

2024
Semi Annual Property Tax Amt:

1211

Heating & Cooling

Heating:

Hot Water

Utilities

Solid Waste:

Yes

Schools

High School District:

Tipton Community School Corp

The Community

Subdivision Name:

No Subdivision

Parking

Parking:

On Street,Unpaved

Extra Units

# of Units Total:

3

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
1/15/25 Jan 15, 2025	Listed / Active	MIBOR	$868,000	1069.8% (192.9% / YR)
7/1/19 Jul 1, 2019		MIBOR	$74,200

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This multifamily located in Tipton, IN 46072 is currently for sale for $868,000. 627 N Main Street is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Tipton High School, Tipton Middle School, and Tipton Elementary School.

Listing Courtesy of: MIBOR and F.C. Tucker Company.

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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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