Opportunity awaits in the heart of downtown Tipton! This charming 2-bedroom older home is ready for its next chapter and offers endless potential for investors, renovators, or buyers looking to create their dream home. While the property is in need of updates and cosmetic improvements, it features solid bones and plenty of character waiting to be restored. The attic space has been framed in & waiting for your finishing touch! Enjoy the shade of the large trees in the back while relaxing to the sounds of nature! Situated on a spacious lot, this unique offering provides extra room for expansion, recreation, gardening & endless opportunities. Enjoy the convenience of being just minutes from downtown shops, dining, parks, and community events. Whether you're looking for a renovation project, an investment property, or a place to make your own, this home presents a rare chance to own in a desirable downtown location for a great price. Bring your vision and unlock the possibilities! Property is being sold as-is.
Active
Price cut: $25K (9/16)
$150,000
516 N Independence St, Tipton, IN 46072
2beds
1,134sqft
Residential, Single Family Residence
Built in 1903
6,098 Square Feet Lot
$-- Zestimate®
$132/sqft
$-- HOA
What's special
- 109 days
- 768
- 69
Zillow last checked:
Listing updated:
Listed by:
Misti Ray mray@c21scheetz.com,
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22109354
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Heating
- Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: None
- Laundry: Laundry Closet
Features
- Attic Stairway, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Pantry
- Has basement: No
- Attic: Permanent Stairs
Interior area
- Total structure area: 1,134
- Total interior livable area: 1,134 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Gravel
- Garage spaces: 1
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
Lot
- Size: 6,098 Square Feet
- Features: City Lot, Curbs, Not In Subdivision, Sidewalks, Mature Trees
Details
- Additional structures: Barn Mini
- Additional parcels included: 801111506010.010002 and 801111506011.000002
- Parcel number: 801111506010010002
- Special conditions: As Is,Cosmetics Needed,Needs Updating,Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- Fixer
- New construction: No
- Year built: 1903
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, See Remarks
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Tipton
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $5,900
- Annual tax amount: $192
- Date on market: 6/22/2026
- Cumulative days on market: 111 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $150,000-14.3%$132/sqft |
Source:  MIBOR as distributed by MLS GRID #22109354 Report a problem | ||
| 9/4/2026 | Price change | $175,000-12.5%$154/sqft |
Source: MIBOR as distributed by MLS GRID #22109354 Report a problem | ||
| 6/22/2026 | Listed for sale | $200,000$176/sqft |
Source: MIBOR as distributed by MLS GRID #22109354 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $118 | $5,900 |
| 2024 | $118 | $5,900 |
| 2023 | $118 +13.5% | $5,900 |
| 2022 | $104 | $5,900 +13.5% |
| 2021 | $104 | $5,200 |
| 2020 | $104 -52% | $5,200 |
| 2019 | $217 +22.5% | $5,200 |
| 2018 | $177 +7.9% | $5,200 -8.8% |
| 2017 | $164 +43.9% | $5,700 |
| 2016 | $114 | $5,700 |
| 2014 | $114 | $5,700 |
| 2013 | $114 | $5,700 |
| 2012 | -- | $5,700 |
| 2011 | -- | $5,700 |
| 2010 | -- | $5,700 |
| 2009 | -- | $5,700 +5.6% |
| 2007 | -- | $5,400 |
| 2006 | -- | $5,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46072
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