130 West North Street

Tipton, IN 46072

$324,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Shaquenta Purdie • Carpenter, REALTORS® • spurdie@callcarpenter.com

Property Details for 130 West North Street

Architectural Style
TraditonalAmerican
Subdivision Name
Blounts Add
Township
Cicero
Waterfront
No
LISTING UPDATED: 02/05/2025 01:17 PM

Property Details for 130 West North Street

StatusPending
MLS #22014296
Days on Market58
Taxes$746 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1920
Lot Size0.16 AC / 6,969 SF
CountyTipton County

Building Information for 130 West North Street

Stories-Residences4Year Built1920Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 130 West North Street

Summary
Location and General Information
  • City: Tipton
  • County Or Parish: Tipton
  • Directions: GPS Friendly
  • Postal Code: 46072
  • Postal Code Plus4: 1321
  • Road Access: Not Applic
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 801111515029000002
  • Semi Annual Property Tax Amt: 746
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 0010021900
School Information
  • Elementary School: Tipton Elementary School
  • High School: Tipton High School
  • Middle Or Junior School: Tipton Middle School
  • School District: Tipton Community School Corp
Owner
  • Owner Pays: Insurance, Taxes
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Gross Area SQFT: 3028
  • Lot Description: Curbs, Not In Subdivision, Sidewalks
  • Lot Size Square Feet: 7248.0
  • Lot Size Acres: 0.16
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Quadruplex
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Inspection Warranties: General,Not Applicable
  • Legal Subdivision: Blounts Subdiv L: 3 B: 1
  • Photos Count: 47
  • Property Attached: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Sump Pump,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Not Applicable
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Asphalt
  • Fencing: Fence Full Rear
Interior Features
  • Basement Description: Partial
  • Basement YN: Yes
  • Cooling: Window Unit(s)
  • Heating: Radiator(s)
  • Levels: Two
  • Laundry Features: Connections All, Laundry Closet, Laundry Room
  • Multi Baths: 4
  • Multi Beds: 5
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: On Street, Unpaved
Income & Expenses
  • Expenses: 1476
  • Gross Income: $37,420.00
Unit 1
  • Unit Kitchen: 121
  • Unit Levels: 1
  • Unit Miscellaneous: Disposal,Dryer,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigrater,Washer,Other
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Heat Radint,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 156
  • Unit Levels: 1
  • Unit Miscellaneous: Dishwasher,Disposal,Dryer,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigrater,Washer
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Heat Radint,Hot Wtr Gas
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 130
  • Unit Levels: 1
  • Unit Miscellaneous: Dryer,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigrater,Washer
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Heat Radint,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: 144
  • Unit Levels: 1
  • Unit Miscellaneous: Dishwasher,Disposal,Dryer,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigrater,Washer
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Heat Radint,Hot Wtr Gas
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Insurance

Property History for 130 West North Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 130 West North Street

Taxable ValueLand$11,800Additions$62,800Total$74,600
Tax Record2023$1,492 ($124 / month)
Home Facts
Baths4Total Finished SqFt3,028 SqFtAbove Grade Finished SqFt3,028 SqFtStories2Lot Size6,204 SqFtStyleTriplexYear Built1920Year Renovated1959CountyTIPTONAPN80-11-11-515-029.000-002

Schools near 130 West North Street

This home is within Tipton Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
Tipton Elementary School
PublicPK to 5

Tipton Middle School
Public6 to 8

Tipton High School
Public9 to 12

Saint John The Baptist School
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carpenter, REALTORS®

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.