NOT LISTED FOR SALE

1138 & 1138 1/2 S Delphos St Kokomo, IN 46902

Fairlawn Neighborhood

Estimated Value: $102,000 - $126,000

3 Beds
1 Bath
1,164 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $121,330 $104 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $803/month

7 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

So many possibilities with this 1164 square foot 3 bedroom/1 bath bungalow with a basement! It's prime location is centrally located to all Kokomo has to offer - shopping, restaurants, parks. Imagine sitting on your enclosed, wood paneled front porch or relaxing on your covered cement back patio in your well maintained and fenced in yard. With both a large kitchen and dining room, there's plenty of room to spread out. And the basement gives extra potential with plumbing to add another bathroom. But that's not all - this home comes complete with an in-law suite/apartment out back. This 400 square foot living space has a full kitchen and bathroom with an attached workshop in the back and private deck in the front. This unit provides versatility and potential rental income. Whether you're looking for a cozy home for yourself or an investment opportunity, this property is a rare gem that combines location, charm, and value. Utilities for each unit are billed separately. Inspections welcomed, but property to be sold as-is. Both units are currently occupied, so please allow 24 hours notice for showings. Buyer to confirm schools and measurements.

Last Listed By

Jennifer Jack

Custom Moves Real Estate Brokerage Phone: 765-437-2985 Listed on: 11/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1921

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Chain Link Fence

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

  • Elwood Haynes Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Gas

Community Details

  • Fair Lawn / Fairlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-10-06-133-010.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1921
  • Age: 103
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: FAIRLAWN EXTENSION OF FAIRLAWN ADDN LOT 186
  • Parcel Number ID: 34-10-06-133-010.000-002
  • Platted: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 341006133010.000002
  • Sp Lp Percent: 97.14
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1746
  • Total Finished Sq Ft: 1164
  • Above Grade Finished Sq Ft: 1164
  • Below Grade Sq Ft: 582
  • Price Per Sq Ft: 104.24
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 10x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 582

Exterior Features

  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x8
  • Fence: Chain Link

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40x132
  • Estimated Lot Sq Ft: 5271
  • Estimated Lot Size Acres: 0.121

Tax Info

  • Annual Taxes: 1969

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 20, 2024
Sold by
Stone James
Bought by
Jjkm Investments Llc
Seller's Agent
Jennifer Jack
Custom Moves Real Estate
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$124,900
Sold Price
$121,330
Premium/Discount to List
-$3,570
-2.86%
Total Days on Market
7
Views
19
Current Estimated Value
$114,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,639
Avg. Annual Appreciation
-14.47%
Original Mortgage
$90,986
Outstanding Balance
$90,986
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$23,705

Purchase Details

Closed on
May 16, 2024
Sold by
Leal Napoleon and Leal Ann
Bought by
Stone James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
6.82%
Mortgage Type
New Conventional

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
Jjkm Investments Llc $121,330 None Listed On Document
Stone James -- None Listed On Document
Stone James $91,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjkm Investments Llc $90,986
Previous Owner Stone James $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $121,330 -2.9% $104 / Sq Ft
11/06/2024 11/06/24 For Sale $124,900 -- $107 / 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 $1,969 $102,400 $10,200 $92,200
2023 $1,969 $98,100 $7,800 $90,300
2022 $1,834 $91,300 $7,800 $83,500
2021 $1,441 $71,700 $7,800 $63,900
2020 $1,213 $60,500 $7,800 $52,700
2019 $1,127 $56,000 $8,200 $47,800
2018 $1,135 $56,100 $8,200 $47,900
2017 $1,067 $52,700 $8,200 $44,500
2016 $1,079 $53,300 $8,200 $45,100
2014 $1,074 $53,700 $10,000 $43,700
2013 $1,202 $60,100 $10,000 $50,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202443140

Indiana Regional MLS

APN: 34-10-06-133-010.000-002