NOT LISTED FOR SALE

112 S Jay St Kokomo, IN 46901

Estimated Value: $86,000 - $715,000

4 Beds
2 Baths
1,664 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $45,000 $27 Per Sq Ft

Est. 491% increase in value since last sale

Current estimated payment $1,570/month

71 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of October 2015

#6903 MOTIVATED SELLER- INVESTORS TAKE NOTICE!! Live in one side and rent the other to pay your mortgage. 2 Bedroom, 1 bath per unit. Brick & aluminum exterior, located close to downtown. Total electric, 200 amp panel box, electric baseboard heat, 2 yr old window A/C units, washer/dryer hook-up.

Last Agent to Sell the Property

Deb Hearn

The Hardie Group Listed on: 06/29/2015

Last Buyer's Agent

Alice Tragesser

Creative Realty - Kokomo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kokomo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 34-04-31-155-005.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Maintenance Expense $750
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1975
  • Age: 40
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 3-78-18 T J Faulkner Lot 18 CK-149A-514 |
  • Parcel Number ID: 34-04-31-155-005.000-002
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Laminate, Water Heater Electric
  • Sp Lp Percent: 81.82
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Price Per Sq Ft: 27.04
  • Basement Foundation: Crawl
  • Flooring: Ceramic Tile, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 750
  • Annual Water Sewer Expense: 1440
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 752.02

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 15, 2015
Sold by
Phillip E Galloway
Bought by
Christopher Horton
Seller's Agent
Deb Hearn
The Hardie Group
Buyer's Agent
Alice Tragesser
Creative Realty - Kokomo
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Total Days on Market
71
Current Estimated Value
$265,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,956
Avg. Annual Appreciation
6.92%
Source: Public Records

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Range of Values:

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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
Christopher Horton $45,000 Metropolitan Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $45,000 -25.0% $27 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $60,000 -- $36 / 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 $920 $54,900 $9,200 $45,700
2022 $872 $43,300 $7,300 $36,000
2021 $704 $34,900 $7,300 $27,600
2020 $746 $37,000 $7,300 $29,700
2019 $708 $35,100 $6,600 $28,500
2018 $684 $33,900 $6,600 $27,300
2017 $738 $36,600 $6,600 $30,000
2016 $738 $36,600 $6,600 $30,000
2014 $752 $37,300 $6,900 $30,400
2013 $742 $36,800 $6,900 $29,900
Source: Public Records

Agents Affiliated with this Home

  • Deb Hearn

    Seller's Agent in 2015

    Deb Hearn

    The Hardie Group

    Section Image

  • A

    Buyer's Agent in 2015

    Alice Tragesser

    Creative Realty - Kokomo

    (765) 628-7265

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Map

Source: Indiana Regional MLS

MLS Number: 201530964

Indiana Regional MLS

APN: 34-04-31-155-005.000-002

Indiana Howard County Kokomo 46901

112 S Jay St, Kokomo, IN

This home is located at 112 S Jay St, Kokomo, IN 46901 since 29 June 2015 and is currently estimated at $265,956, approximately $159 per square foot. This property was built in 1975. 112 S Jay St is a home located in Howard County with nearby schools including Sycamore Elementary School, Maple Crest Middle School, and Kokomo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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