NOT LISTED FOR SALE

Estimated Value: $150,422 - $217,000

6 Beds
4 Baths
2,493 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $96,000 $39 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,114/month

109 Days on Market

About This Home

As of June 2020

Great investment opportunity in the heart of Kokomo. This home offers 4 separate units. One 3 bedroom 1 bath unit and three 1 bedroom 1 bath units. This property has had several updates in the past few years including roof, HVAC, siding, paint, floor and much more.

Last Agent to Sell the Property

Madison Simpson

Availed Realty & Property Mgmt, LLC Listed on: 02/13/2020

Last Buyer's Agent

Cherie Smith

True Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1912

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 72x132
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,493 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Elwood Haynes Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Fair Lawn / Fairlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-10-06-127-021.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$910

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1912
  • Age: 108
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: FAIRLAWN ADDN LOTS 72 & 73 EXC 8' N SD OF LOT 73
  • Parcel Number ID: 34-10-06-127-021.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 87.27
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2493
  • Total Finished Sq Ft: 2493
  • Above Grade Finished Sq Ft: 2493
  • Price Per Sq Ft: 38.51
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Elwood Haynes
  • Middle School: Central
  • High School: Kokomo
  • Elementary School: Elwood Haynes

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x132
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Property Tax: 910

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Kokomo
  • Middle School: Central
  • School District: Kokomo-Center Township Cons. S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 25, 2020
Sold by
Nicholas Lee
Bought by
1023 Delphos Llc
Seller's Agent
Madison Simpson
Availed Realty & Property Mgmt, LLC
Buyer's Agent
Cherie Smith
True Realty
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%
Current Estimated Value
$182,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,474
Avg. Annual Appreciation
12.99%

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 24, 2020
Sold by
Lee Nicholas
Bought by
1023 Delphos Llc
Seller's Agent
Madison Simpson
Availed Realty & Property Mgmt, LLC
Buyer's Agent
Cherie Smith
True Realty
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Howard County Auditor
Bought by
Nicholas Lee
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1023 Delphos Llc -- Klatch Louis
1023 Delphos Llc -- None Listed On Document
Nicholas Lee $4,600 Howard County Auditor
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $96,000 -12.7% $39 / Sq Ft
02/13/2020 02/13/20 For Sale $110,000 -- $44 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,746 $93,400 $18,400 $75,000
2022 $1,634 $81,700 $14,000 $67,700
2021 $1,322 $66,100 $14,000 $52,100
2020 $934 $46,700 $14,000 $32,700
2019 $907 $44,900 $14,800 $30,100
2018 $915 $45,000 $14,800 $30,200
2017 $872 $42,900 $14,800 $28,100
2016 $875 $43,000 $14,800 $28,200
2014 $924 $46,200 $18,000 $28,200
2013 $1,000 $50,000 $18,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005468

Indiana Regional MLS

APN: 34-10-06-127-021.000-002