Sold for $145,000

$145,000

402 Meridian St, Tipton, IA 52772

--beds

1baths

2,459sqft

Multi Family, Residential

Built in 1889

-- sqft lot

$91,000 Zestimate^®

$59/sqft

$804 Estimated rent

Home value

$91,000

$76,000 - $109,000

$804/mo

Zestimate^® history

Owner options

List your home for rent

$804/mo

Rent Zestimate^®

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$804/mo

Rent Zestimate^®

Refinance and save

$760/mo

Est. payment

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$760/mo

Est. payment

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What's special

Investor Alert!! 4 unit rental property located in heart of Tipton, IA. This property is fully rented and generates approx. $26,700 in Gross Rental Income Annually. Now is the time to Add to you existing rental portfolio or get started with your 1st. Call and set up your showing Today!! Please allow 48 Hrs notice for all showings as a courtesy to the existing tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Heating

Forced Air

Features

Basement: Stone,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,459
Total interior livable area: 2,459 sqft
Finished area above ground: 2,459
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Off Street, On Street

Features

Levels: Two
Stories: 2

Lot

Size: 7,100 sqft
Dimensions: 50 x 142

Details

Parcel number: 048011061310060
Zoning: Urban/Res 3+ units

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Residential

Materials

Steel, Frame

Condition

Year built: 1889

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Sidewalks

Location

Region: Tipton
Subdivision: Tipton Lot 8 Blk 17

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
11/14/2023	Sold	$145,000-12.1%$59/sqft
Source: Iowa City Area AOR #202304387 Report a problem
9/25/2023	Contingent	$165,000$67/sqft
Source: Iowa City Area AOR #202304387 Report a problem
8/24/2023	Price change	$165,000-10.8%$67/sqft
Source: Iowa City Area AOR #202304387 Report a problem
8/14/2023	Listed for sale	$185,000$75/sqft
Source: Iowa City Area AOR #202304387 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,190 +6.9%	$121,700
2024	$2,048 +19.6%	$121,700 +2.3%
2023	$1,712 -12.2%	$118,940 +41.4%
2022	$1,950 +0.6%	$84,140
2021	$1,938 -1.8%	$84,140
2020	$1,974 +5.7%	$84,140
2019	$1,868 -4.1%	$84,140 +9.9%
2018	$1,948	$76,550 +4%
2017	$1,948 -7.3%	$73,640
2016	$2,102	$73,640
2015	$2,102 -12.3%	$73,640
2014	$2,398 -2%	$73,640
2013	$2,448	--

Find assessor info on the county website

Neighborhood: 52772

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Nearby schools

GreatSchools rating

5/10
Tipton Elementary School
Grades: PK-4Distance: 0.6 mi
7/10
Tipton Middle School
Grades: 5-8Distance: 0.7 mi
5/10
Tipton High School
Grades: 9-12Distance: 0.2 mi

Schools provided by the listing agent

Elementary: Tipton
Middle: Tipton
High: Tipton

Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.