1580 N 400 W Tipton IN 46072

For rent or for sale on a Lease Purchase program.

Rent:                                       $1,800/mo.

Security deposit:                      $1800

Term:                                 12 months

Lease Purchase:                   $1,800/mo.

Security deposit:                            $0

Lease Term:                      12 months
Option Fee (down payment): 

                    $12,000 non-refundable
Purchase Price:                  $245,000

4 Bedroom, 1.5 Bath, 2 car garage, 2 acres

Requirements:

1) Credit score 550 and up

2) 2 Tax returns (2022, 2023 or 2023, 2024) showing taxable household income of $4,000 per month or more

3) Last 30 days pay stubs

The Lease Purchase program involves a 12 month lease with a 12 month option to buy.  

The Option Fee gives you the exclusive right to buy at any time during the 12 month option period and is non-refundable. 

100% of the Option Fee is credited towards the purchase price and is your Down Payment at time of sale. 

Rent is not credited towards the purchase price but we will credit $1000 towards closing costs at closing in lieu of rent credit. 

We can help you get bank financing during the 12 month lease period or you can arrange your own financing. 

Call Malcolm @ 469-465-6679 for more details and tours.