Movoto Real Estate
Sold on 06/18/2021

520 E Jefferson St, Tipton, IN 46072

$214,000

Last sold 06/18/2021 for $170K

  • 4

    bed

  • 4

    bath

  • 2,080

    Sqft

Multi-family not for sale

About 520 E Jefferson St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Movoto estimate
Parking 4 garage spaces
Property description
A well maintained investment property with 4 units that offers a 2 bdrm apt w/laundry rm on main level, a 1 bdrm upstairs apt, 1 bdrm efficiency apt on main, commercial office/shop, a partial basement & a 2+ car det garage. 2 bdrm apt on main has 1 yr lease & the other 2 apts are month to month. Currently property has 3 residential apts & 1 commercial style business. New owner would need to consult government office to insure approval of use of new business to occupy the property. The property is considered to be a legal non-conforming use. Owner of property currently occupy the commercial unit and there is not rent on record. Trophy shop is NOT closing just relocating & owner would be prefer to rent back for 30 to 90 days
Listed by
Listing Agent - Kim Sottong
Listing Office - RE/MAX Anew Realty
Source: IRMLS mls logo
MLS#202119560 • last updated 5 years ago
Movoto checked IRMLS for data 18 minutes ago
Overview
Cooling/AC Central Air, Wall AC, Window
Heating Gas, Baseboard, Forced Air
Levels/Style 2, Two Story, Other
Status Sold
MLS # 202119560
Virtual Tour N/A
Type INVESTMENT
SubType Fourplex
SqFt (Total) 2080
SqFt (Finished) 2080
Property Taxes 2727
Foreclosure (Y/N) No
Year Built 1920
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 4
Interior
Total # Bathrooms 4
# Full Baths 4
Total # Bedrooms 4
Flooring Carpet, Vinyl
Exterior
Roof Shingle
Exterior Brick, Vinyl
Basement/ Foundation Crawl, Slab, Partial Basement
Driveway Concrete, Gravel
Parking Garage, Off Street, Street
Lot Dimensions 66X132
Other Structure(s) None
Fencing Wood
Lot Desc Corner, Level
Amenities / Utilities
Sewer City
Water City
Community Features Sidewalks
Amenities Basement, Storage, Countertops-Laminate, Porch Covered, Water Heater Gas, Sump Pump, Washer Hook-Up
Location
Location City/Town/Suburb
Area Tipton County
Subdivision None
High School Tipton
Middle School Tipton
Elementary School Tipton
School District Tipton Community School Corp.
APN 80-11-11-558-021.000-002
Waterfront Y/N No
Directions St Rd 28 Into Tipton Follow To Property On The North Side Of St Rd 28/Jefferson St.
Multifamily Details
Owner Pays Building Insurance, Electric, Heating, Tax, Water, Other
Tenant Pays Electric, Fuel, Trash Collection, Water
Annual Net Income 8792.43
Gross Monthly Rent $ 1370
Annual Gross Rent $ 16440
$214K
Range: $158K-$269K
Last 30 days 
  • Jun 2021
    mls logo MLS # 202119560
  • Jun 18, 2021 Sold
    $170,000
  • Jun 2, 2021 Pending
    —
  • May 27, 2021 Listed
    $159,900
  • Jun 2021
    mls logo MLS # 21787963
  • Jun 18, 2021 Sold
    $170,000 (+6.3%)
  • Jun 2, 2021 Pending
    —
  • May 27, 2021 Listed
    $159,900
  • Year Property taxes Tax assessment
  • 2025
    $4,019 +12.5%
    $165,500
  • 2024
    $3,573 +2.8%
    $165,500 +12.59%
  • 2023
    $3,476 -4.0%
    $147,000 -4.73%
  • 2022
    $3,622 +32.8%
    $154,300
  • 2021
    $2,727
    $154,300 +43.4%
  • 2020
    $2,727
    $107,600
  • 2019
    $2,727 +1.2%
    $107,600
  • 2018
    $2,694
    $107,600
  • 520 E Jefferson St
    $170K
  • Tipton County
    —
  • 46072
    $239K +20% y/y
  • Tipton
    $239K +20% y/y
No chart available
Statistics calculated by Movoto

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5/10
Tipton Elementary School
public Grades PK, K-5
Tipton Community School Corp
4/10
Tipton Middle School
public Grades 6-8
Tipton Community School Corp
7/10
Tipton High School
public Grades 9-12
Tipton Community School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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  • Tipton County
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  • 46072
  • 520 E Jefferson St
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