NOT LISTED FOR SALE

1223 E State St Kokomo, IN 46902

Estimated Value: $104,000 - $160,946

4 Beds
2 Baths
1,536 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $36,000 $23 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $705/month

5 Days on Market

Highlights

  • Baseboard Heating
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of March 2017

Duplex located in central Kokomo. This duplex stays rented. Tenants are on a month to month basis. Each tenant own their washer and dryer. Unit 1225 has newer flooring and laminate. Units could be updated. Great potential and location!

Last Agent to Sell the Property

Sarah Gibson

eXp Realty, LLC Listed on: 02/07/2017

eXp Realty, LLC

Last Buyer's Agent

Sarah Gibson

eXp Realty, LLC Listed on: 02/07/2017

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60x194
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 34-10-06-254-003.000-002

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Water Sewer Expense $1,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Age: 47
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Carson's Minor S/D of Countryside ADDN Lots 42&43 Lot 1
  • Parcel Number ID: 34-10-06-254-003.000-002
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Sp Lp Percent: 94.74
  • Monthly Gross Income: 925
  • Special Features: None

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1150.4
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x194
  • Estimated Lot Sq Ft: 11639
  • Estimated Lot Size Acres: 0.2672
  • Lot Number: 1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Total Assessed Value: 38200
  • Annual Property Tax: 777

Multi Family

  • Gross Monthly Rent: 925
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 2, 2017
Sold by
Johnson L
Bought by
Mcmannis Geronia F
Seller's Agent
Sarah Gibson
eXp Realty, LLC
Buyer's Agent
Sarah Gibson
eXp Realty, LLC
List Price
$38,000
Sold Price
$36,000
Premium/Discount to List
-$2,000
-5.26%
Current Estimated Value
$132,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,737
Avg. Annual Appreciation
16.43%
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
Mcmannis Geronia F $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $36,000 -5.3% $23 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $38,000 -- $25 / 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 $21 $65,900 $12,100 $53,800
2022 $5 $48,200 $8,800 $39,400
2021 $5 $47,000 $8,800 $38,200
2020 $5 $47,200 $8,800 $38,400
2019 $772 $46,400 $9,700 $36,700
2018 $5 $45,200 $9,700 $35,500
2017 $5 $44,900 $9,700 $35,200
2016 $911 $44,900 $9,700 $35,200
2014 $776 $38,400 $9,400 $29,000
2013 $810 $40,100 $9,400 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704852

Indiana Regional MLS

APN: 34-10-06-254-003.000-002