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.
Sold
$324,900
130 W North St, Tipton, IN 46072
5beds
4baths
--sqft
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$340,000 Zestimate®
$--/sqft
$1,206 Estimated rent
Home value
$340,000
Estimated sales range
Not available
$1,206/mo
Zestimate® history
Owner options
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$1,206/mo
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$1,939/mo
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New roof
Zillow last checked:
Listing updated:
Listing Provided by:
Shaquenta Purdie 317-525-2300,
Carpenter, REALTORS®
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22014296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Main level bathrooms: 5
Heating
- Radiator(s)
Cooling
- Window Unit(s)
Appliances
- Laundry: Connections All, Laundry Closet, Laundry Room
Features
- Basement: Partial
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Unpaved)
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fence Full Rear
Lot
- Size: 6,969 sqft
- Features: Curbs, Not In Subdivision, Sidewalks
Details
- Parcel number: 801111515029000002
- Special conditions: As Is,Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Community & neighborhood
Security
- Security features: Smoke Alarm
Location
- Region: Tipton
- Subdivision: Blounts Add
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | $324,900 |
Source:  MIBOR as distributed by MLS GRID #22014296 Report a problem | ||
| 2/5/2025 | Pending sale | $324,900-13.3% |
Source: MIBOR as distributed by MLS GRID #22014296 Report a problem | ||
| 1/21/2025 | Price change | $374,900-3.8% |
Source: MIBOR as distributed by MLS GRID #22014296 Report a problem | ||
| 12/10/2024 | Listed for sale | $389,900+497.6% |
Source: MIBOR as distributed by MLS GRID #22014296 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/3/2019 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 9/30/2019 | Listed for rent | $650 |
Source: Owner Report a problem | ||
| 1/16/2019 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 1/3/2019 | Listed for rent | $650+4% |
Source: Owner Report a problem | ||
| 3/19/2018 | Listing removed | $625 |
Source: Owner Report a problem | ||
| 3/8/2018 | Listed for rent | $625 |
Source: Owner Report a problem | ||
| 8/22/2017 | Sold | $65,243-5.4% |
Source: MIBOR as distributed by MLS GRID #21499983 Report a problem | ||
| 6/2/2017 | Listed for sale | $69,000 |
Source: ANew Realty, LLC #201715178 Report a problem | ||
| 4/14/2017 | Listing removed | $69,000 |
Source: ANew Realty, LLC #201715178 Report a problem | ||
| 4/12/2017 | Listed for sale | $69,000 |
Source: ANew Realty, LLC #201715178 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,548 +3.8% | $84,500 +9.2% |
| 2024 | $1,492 +9.7% | $77,400 +3.8% |
| 2023 | $1,360 +10.6% | $74,600 +9.7% |
| 2022 | $1,230 +4.6% | $68,000 +10.6% |
| 2021 | $1,176 +8.1% | $61,500 +4.6% |
| 2020 | $1,088 -2.5% | $58,800 +8.1% |
| 2019 | $1,116 +0.4% | $54,400 +3.2% |
| 2018 | $1,112 -31% | $52,700 +0.4% |
| 2017 | $1,611 +65.7% | $52,500 +3.6% |
| 2016 | $972 +4.3% | $50,700 +8.8% |
| 2014 | $932 | $46,600 |
| 2013 | $932 +1.7% | $46,600 +1.7% |
| 2012 | $916 +4.8% | $45,800 +5.8% |
| 2011 | $874 -4.8% | $43,300 -4.8% |
| 2010 | $918 +0.2% | $45,500 |
| 2009 | $917 -23.7% | $45,500 +2% |
| 2007 | $1,201 | $44,600 +1.8% |
| 2006 | -- | $43,800 |
Find assessor info on the county website
Neighborhood: 46072
Nearby schools
GreatSchools rating
- 6/10Tipton Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Tipton Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Tipton High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Tipton Elementary School
- Middle: Tipton Middle School
- High: Tipton High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Tipton County
- Tipton
- 46072
- 130 W North St
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