216 E Madison St, Tipton, IN 46072
Property image
Property image
OFF MARKET

$248,898

Last sold price
  • 1 Bed
  • 1 Bath

216 E Madison St, Tipton, IN 46072

Currently Off Market - Sold Mar 21, 2025 for $248,898

Home Value

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Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
340 S Walnut St, Atlanta, IN
4.72
Multi-Family Home
$359,900
12/19/25
2
1
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
233 S Independence St, Tipton, IN 46072
0.09
$250,700
4
2
2,224
Off Market
122 E Adams St, Tipton, IN 46072
0.11
$163,075
2
1
1,252
Recently Sold
1130 E jefferson Highway, Tipton, IN 46072
0.14
$450,000
-
-
-
For Sale
217 E Washington St, Tipton, IN 46072
0.16
$67,500
3
1
2,452
Recently Sold
229 E Washington St, Tipton, IN 46072
0.16
$121,900
2
1
1,064
Off Market
113 S West St, Tipton, IN 46072
0.21
-
3
2
1,872
Off Market
107 E Jackson St, Tipton, IN 46072
0.21
$205,400
3
2
1,104
Off Market
235 S West St, Tipton, IN 46072
0.22
$241,000
3
2
3,438
Off Market
130 W Jefferson St, Tipton, IN 46072
0.21
-
4
4
-
Off Market
409 S Main St, Tipton, IN 46072
0.23
$446,200
3
2.5
2,160
Off Market
204 Mill St, Tipton, IN 46072
0.21
$303,000
4
3
2,841
Off Market

Local Information

  • Map ViewExplore the area around 216 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1910

About this House

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.
216 E Madison St, Tipton, IN 46072 is a 1 bedroom, 1 bathroom multi-family built in 1910. It last sold for $248,898 on Mar 21, 2025 (71% below the $868,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $788/month.
Last check for updates: about 5 hours ago
Listed by Rachael Burt, (317) 313-6276
F.C. Tucker Company
Ellie Orzeske, (317) 691-5841
F.C. Tucker Company
Bought with: Charise Goodnight, Re/Max Realty One
Source: MIBOR as distributed by MLS GRID, MLS#22016093

Home Details for 216 E Madison St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (main level): 7
Appliances & Utilities
Laundry: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Parking & Garage
Other Parking: Unit Parking(Other)
Frontage
Road Frontage: Frontage Road

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Traditional
Building
Building: OtherConstruction Materials: OtherNot a New Construction
Property Information
Parcel Number: 801111546053000002

Price & Status

Price
List Price: $868,000
Status Change & Dates
Off Market Date: Thu Jan 16 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: TiptonCommunity: No Subdivision
School Information
High School District: Tipton Community School Corp

Lot Information

Lot Area: 4356 sqft

Listing Info

Special Conditions: As Is

Rental Terms, Policies & Fees

Owner Pays: All Utilities, Taxes

Miscellaneous

BasementMls Number: 22016093

Price and Tax history

DateEventPrice
Mar 21, 2025
Source: MIBOR as distributed by MLS GRID #22016093
Sold
$248,898
Jan 17, 2025
Source: MIBOR as distributed by MLS GRID #22016093
Pending
$868,000
Jan 15, 2025
Source: MIBOR as distributed by MLS GRID #22016093
Listed For Sale
$868,000
Dec 17, 2021
Source: MIBOR as distributed by MLS GRID #21827164
Sold
$155,000
Dec 2, 2021
Source: MIBOR as distributed by MLS GRID #21827164
Pending
$155,000

Market trends in Tipton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
3MoM

Around this home

What Locals Say about Tipton

At least 21 Trulia users voted on each feature.

  • 91 % Say parking is easy

  • 83 % Say people would walk alone at night

  • 83 % Say it's dog friendly

  • 81 % Say kids play outside

  • 76 % Say there's holiday spirit

  • 75 % Say yards are well-kept

  • 72 % Say car is needed

  • 70 % Say there are sidewalks

  • 65 % Say streets are well-lit

  • 64 % Say neighbors are friendly

  • 64 % Say there's wildlife

  • 58 % Say it's walkable to restaurants

  • 57 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 38 % Say it's walkable to grocery stores

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Malcolm R.
    "nice neighbours nice parks good schools nice very nice absolutely nice neighbourhood nice all good in dear old tipton "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-30 17:48:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 216 E Madison St

  • What is the price history for 216 E Madison St?
    216 E Madison St in Tipton, IN last sold for $248,898 in March 2025.
  • Is Tipton a buyer's or seller's market?
    Tipton is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Tipton?
    Residents describe Tipton, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Tipton, IN.
  • What are the closest schools to 216 E Madison St?
    The closest schools to 216 E Madison St in Tipton, IN are Tipton Elementary School (Pre-K, rated 7/10), Tipton High School (rated 9/10), Tipton Middle School (rated 6/10).
  • Does 216 E Madison St have laundry facilities?
    Yes, 216 E Madison St in Tipton, IN has laundry facilities.
  • Does 216 E Madison St have parking?
    Yes, 216 E Madison St in Tipton, IN has on-site parking.

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