Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$762,310
Range: $533,617-$991,002
Evaluated June 18, 2025
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Property Facts
609 S Us Highway 31, Tipton, IN is a rural residence (agricultural) home that contains 2,915 Sq. Ft. and was built in 1971. It contains 3 bedrooms and 2 bathrooms.
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County:TIPTON
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Year Built:1971
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Living Area:2,915 Sq. Ft.
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Lot Size:791,311 Sq. Ft.
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Zone:-
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Parcel:80-11-06-300-009.000-001
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Bedrooms:3
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Bathrooms:2
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Owner:LOCHARD, MICHAEL P & KAREN S
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$4,970 (+4%)
$518,300 (+6.82%)
2023
$4,779 (+2.42%)
$485,200 (+6.57%)
2022
$4,666 (+4.34%)
$455,300 (+13.82%)
2021
$4,472 (+5.87%)
$400,000 (+5.46%)
2020
$4,224 (+4.71%)
$379,300 (+5.3%)
2019
$4,034 (+8.03%)
$360,200 (+2.42%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
609 S Us Highway 31
Tipton, IN 46072
This Property
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3 Bed
2 Bath
2,915 Sq. Ft.
1971 Year Built
1
6795 W Division Road
Tipton, IN 46072
-
3 Bed
2 Bath
2,457 Sq. Ft.
1974 Year Built
2
7465 W 50 S. Road
Tipton, IN 46072
-
3 Bed
3 Bath
3,018 Sq. Ft.
2014 Year Built
3
6995 W Division Road
Tipton, IN 46072
-
3 Bed
2 Bath
1,902 Sq. Ft.
1904 Year Built
4
6717 W 250 S
Tipton, IN 46072
-
3 Bed
1 Bath
2,178 Sq. Ft.
1903 Year Built
5
3493 W 100 N
Tipton, IN 46072
-
4 Bed
1 Bath
2,300 Sq. Ft.
1890 Year Built
6
7314 W 100 NORTH
Tipton, IN 46072
-
3 Bed
2 Bath
1,926 Sq. Ft.
1920 Year Built
7
3253 W 300 S
Tipton, IN 46072
-
3 Bed
3 Bath
1,934 Sq. Ft.
1999 Year Built
8
3229 W 300 S
Tipton, IN 46072
-
4 Bed
2 Bath
2,511 Sq. Ft.
1999 Year Built
9
6267 W 100 N
Tipton, IN 46072
-
3 Bed
2 Bath
1,884 Sq. Ft.
2007 Year Built
10
2133 S 725 W
Tipton, IN 46072
-
3 Bed
3 Bath
2,142 Sq. Ft.
1998 Year Built
Sales in a non-disclosure state
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Market Trends
Tipton
46072
Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
49 Days
May 2025
54 Days
Change
+10.2%
1 Year
2 Years
5 Years
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Supply and Demand
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specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
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Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (46072)
City (Tipton)
Population
9,084
5,211
Population Density
80.6
1,842.6
People Per Household
2.3
2.3
Median Age
46.4
42.1
Median Household Income
$59,756
$57,176
Average Income
$32,445
$28,443
Economy
ZIP (46072)
City (Tipton)
Unemployment
2.70%
2.70%
Recent Job Growth
0.02%
0.02%
Future Job Growth
31.59%
31.59%
Sales Tax
7.00%
7.00%
Income Tax
3.23%
3.23%
Cost of Living Index
80.6
80
Environment
ZIP (46072)
City (Tipton)
Altitude
855
869
Rainfall (Inches Annually)
41.1
41.1
Snowfall (Inches Annually)
30.2
30.2
January Avg. Low Temp
16.9
16.9
July Avg. High Temp
84
84
Days of Precipitation Annually
125
125
Days Mostly Sunny Annually
187
184
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
4.7 mi
6-8
4.7 mi
K-5
4.8 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
