NOT LISTED FOR SALE

1109 S Webster St Kokomo, IN 46902

Estimated Value: $95,000 - $112,548

2 Beds
1 Bath
912 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $44,900 $49 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $600/month

26 Days on Market

Highlights

  • Porch
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Bungalow
  • Property is Fully Fenced

About This Home

As of August 2019

Incredible investment opportunity with long-term tenants. Adorable 2 bed, 1 bath home with dining room, attached garage, and privacy fenced yard. New roof in 2011 and top-of-the-line kinetico water softener.

Last Agent to Sell the Property

Kylie Baker

The Wyman Group Listed on: 10/25/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Cable TV Available

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $430

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, deposit value
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 34-09-01-130-015.000-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1948
  • Age: 70
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Ade's ADDN 24's End lot 4 & 26' N SD lot 5 |
  • Parcel Number ID: 34-09-01-130-015.000-002
  • Platted: Yes
  • Amenities: Cable Available, Detector-Smoke, Garage Door Opener, Patio Open, Porch Open
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 445
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1824
  • Total Finished Sq Ft: 912
  • Above Grade Finished Sq Ft: 912
  • Below Grade Sq Ft: 912
  • Price Per Sq Ft: 49.23
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 912
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Full, Privacy, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Well Type: Community
  • Annual Insurance Expense: 430
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Boulevard
  • Middle School: Maple Crest
  • High School: Kokomo

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50X140
  • Estimated Lot Sq Ft: 7013
  • Estimated Lot Size Acres: 0.161

Rental Info

  • Lease Term: 2 Years
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 445
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Aug 5, 2019
Sold by
Grau Jeanette L and Jeanette L Grau Trust
Bought by
Grau Jeanette L and Huddleston Dustin
Seller's Agent
Kylie Baker
The Wyman Group
List Price
$44,900
Sold Price
$44,900
Current Estimated Value
$101,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,487
Avg. Annual Appreciation
14.29%
Original Mortgage
$42,655
Outstanding Balance
$37,358
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$64,029
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
Grau Jeanette L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grau Jeanette L $42,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $44,900 0.0% $49 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $44,900 -- $49 / 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 $618 $81,100 $16,200 $64,900
2023 $618 $80,900 $16,200 $64,700
2022 $516 $73,800 $16,200 $57,600
2021 $422 $62,200 $16,200 $46,000
2020 $404 $62,200 $16,200 $46,000
2019 $386 $60,900 $15,000 $45,900
2018 $1,192 $58,900 $15,000 $43,900
2017 $1,183 $58,400 $15,000 $43,400
2016 $1,183 $58,400 $15,000 $43,400
2014 $1,068 $52,900 $14,200 $38,700
2013 $1,082 $53,600 $14,200 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201847930

Indiana Regional MLS

APN: 34-09-01-130-015.000-002