NOT LISTED FOR SALE

1135 S Armstrong St Kokomo, IN 46902

Estimated Value: $156,927 - $322,000

6 Beds
2 Baths
2,560 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $69,900 $27 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,297/month

33 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Carpet

About This Home

As of July 2016

2 unit duplex in excellent shape! Unit #1 is 1135 S. Armstrong offering 3 bedrooms, 1 full bath, appliance kitchen, some updates completed and currently collects $625/month. Unit #2 is 1137 S. Armstrong offers 3 bedrooms, 1 bath, applianced kitchen and currently collects $585/month. Very nice area. Over 2500 total sq. ft. Both units offer storage shed. Current tenants are willing to stay.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1905

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 49 x 132

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 34-09-01-204-019.000-002

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,968
  • Fuel Expense $1,176
  • Insurance Expense $800
  • Water Sewer Expense $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$863

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 111
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M M MARKLAND 2ND LOT 90
  • Parcel Number ID: 34-09-01-204-019.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Detector-Smoke
  • Sp Lp Percent: 87.48
  • Monthly Gross Income: 1210
  • Special Features: None

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 2560
  • Above Grade Finished Sq Ft: 2560
  • Below Grade Sq Ft: 640
  • Price Per Sq Ft: 27.3
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 640
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1968
  • Annual Fuel Expense: 1176
  • Annual Insurance Expense: 800
  • Annual Water Sewer Expense: 1920
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 49 x 132
  • Estimated Lot Sq Ft: 6447
  • Estimated Lot Size Acres: 0.148

Rental Info

  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1210
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 862.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Rozenberg Sean
Bought by
Jjkm Investments Llc
Current Estimated Value
$207,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$93,809
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$92,619

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 5, 2016
Sold by
Steinsberger H
Bought by
Rozenberg Sean
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jjkm Investments Llc $128,000 None Listed On Document
Rozenberg Sean $69,900 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjkm Investments Llc $96,000
Previous Owner Rozenberg Sean $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2016 07/05/16 Sold $69,900 -12.5% $27 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $79,900 -- $31 / 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 $1,994 $119,500 $18,400 $101,100
2022 $1,840 $91,800 $15,800 $76,000
2021 $1,426 $71,100 $15,800 $55,300
2020 $1,426 $71,100 $15,800 $55,300
2019 $1,344 $67,000 $15,100 $51,900
2018 $1,311 $65,100 $15,100 $50,000
2017 $1,211 $60,100 $15,100 $45,000
2016 $837 $62,000 $15,100 $46,900
2014 $945 $70,700 $15,100 $55,600
2013 $807 $69,500 $15,100 $54,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201615409

Indiana Regional MLS

APN: 34-09-01-204-019.000-002