Sold

$248,898

216 E Madison St, Tipton, IN 46072

1beds

1baths

--sqft

Multi Family, Quadruplex

Built in 1910

-- sqft lot

$-- Zestimate^®

$--/sqft

$788 Estimated rent

Home value

Not available

Estimated sales range

Not available

$788/mo

Zestimate^® history

Owner options

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$788/mo

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$788/mo

Rent Zestimate^®

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$1,570/mo

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$1,570/mo

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What's special

Perfect addition to your investment portfolio! This 2-story fourplex property is conveniently located in the heart of Tipton and a part of a package that includes 5 multi-family Tipton properties. Package includes this property plus 429 North East Street (22003650), 443 N East St (22016095), 606 East Jefferson (22016101) and 627 N Main St (22016103). 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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Main level bathrooms: 7

Appliances

Laundry: Other

Features

Has basement: Yes

Property

Parking

Details: Unit Parking(Other)

Features

Levels: Two
Stories: 2

Lot

Size: 4,356 Square Feet
Features: Other

Details

Parcel number: 801111546053000002
Special conditions: As Is

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Quadruplex

Materials

Other

Condition

New construction: No
Year built: 1910

Community & HOA

Community

Subdivision: No Subdivision

Location

Region: Tipton

Financial & listing details

Tax assessed value: $158,500
Annual tax amount: $2,050
Date on market: 1/15/2025
Cumulative days on market: 4 days

Price history

Date	Event	Price
3/21/2025	Sold	$248,898-71.3%
Source: MIBOR as distributed by MLS GRID #22016093 Report a problem
1/17/2025	Pending sale	$868,000
Source: MIBOR as distributed by MLS GRID #22016093 Report a problem
1/15/2025	Listed for sale	$868,000+460%
Source: MIBOR as distributed by MLS GRID #22016093 Report a problem
12/17/2021	Sold	$155,000
Source: MIBOR as distributed by MLS GRID #21827164 Report a problem
12/2/2021	Pending sale	$155,000
Source: MIBOR as distributed by MLS GRID #21827164 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,944 +43.6%	$158,500 +7.7%
2024	$2,050 +11.4%	$147,200 +43.6%
2023	$1,840 +9.7%	$102,500 +11.4%
2022	$1,678 +7.7%	$92,000 +9.7%
2021	$1,558 +2.4%	$83,900 +7.7%
2020	$1,522 -33.2%	$77,900 +2.4%
2019	$2,277 +8.9%	$76,100 +5%
2018	$2,092 +52%	$72,500 +9.7%
2017	$1,376 +0.4%	$66,100 +3.6%
2016	$1,370 +4.9%	$63,800 -2.3%
2014	$1,306	$65,300
2013	$1,306 +1.9%	$65,300 +1.9%
2012	$1,282 -26.5%	$64,100 -26.5%
2011	$1,744	$87,200
2010	$1,744	$87,200
2009	$1,744 -24.1%	$87,200 +2.2%
2007	$2,297	$85,300 +1.7%
2006	--	$83,900 -8.4%
2005	--	$91,600