NOT LISTED FOR SALE

1225 N Korby St Kokomo, IN 46901

Estimated Value: $89,137 - $115,000

2 Beds
1 Bath
720 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $103,500 $144 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $555/month

53 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Privacy Fence
  • 1 Car Detached Garage
  • Central Air
  • Level Lot

About This Home

As of October 2024

Ready for new owners! Charming 2 bedroom, 1 bath home with great curb appeal! This cozy home features a covered front porch, perfect for relaxing, and a 1 car detached garage. Enjoy a fully fenced front and backyard, ideal for children or pets. While it needs some updating, it's a perfect opportunity for the right buyer. Home is an estate and selling as-is.

Last Agent to Sell the Property

Shelly Brafford

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 08/16/2024

RE/MAX Realty One

Last Buyer's Agent

Cammy Burton

RE/MAX Anew Realty

RE/MAX Anew Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 55 x 88
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lafayette Park Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Lafayette Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-03-26-401-028.000-002

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LAFAYETTE S/D SEC 1 OF LAFAYETTE PLACE LOT 19
  • Parcel Number ID: 34-03-26-401-028.000-002
  • Platted: Yes
  • Amenities: Porch Covered, Main Floor Laundry
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 720
  • Total Finished Sq Ft: 720
  • Above Grade Finished Sq Ft: 720
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Chain Link, Privacy

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Laundry: Dimensions: Mainx6, On Level: 12

Schools

  • Elementary School: Lafayette Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55 X 88
  • Estimated Lot Sq Ft: 4835
  • Estimated Lot Size Acres: 0.111

Tax Info

  • Annual Taxes: 41.36
  • Exemptions: Disabled, Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 8, 2024
Sold by
Myers Paula Sue
Bought by
Honadel Cole
Seller's Agent
Shelly Brafford
RE/MAX Realty One
Buyer's Agent
Cammy Burton
RE/MAX Anew Realty
List Price
$115,000
Sold Price
$103,500
Premium/Discount to List
-$11,500
-10%
Views
120
Current Estimated Value
$104,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284
Avg. Annual Appreciation
1.07%
Original Mortgage
$100,395
Outstanding Balance
$99,340
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$5,444
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Honadel Cole -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honadel Cole $100,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $103,500 -5.9% $144 / Sq Ft
09/04/2024 09/04/24 Price Changed $110,000 -4.3% $153 / Sq Ft
08/16/2024 08/16/24 For Sale $115,000 -- $160 / 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 $41 $61,400 $12,300 $49,100
2023 $41 $57,500 $11,100 $46,400
2022 -- $51,200 $11,100 $40,100
2021 -- $43,600 $11,100 $32,500
2020 $0 $41,600 $11,100 $30,500
2019 $0 $40,800 $11,100 $29,700
2018 $0 $42,400 $11,100 $31,300
2017 $0 $39,800 $11,100 $28,700
2016 $0 $37,300 $11,100 $26,200
2014 -- $45,200 $11,300 $33,900
2013 -- $44,500 $11,300 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202431278

Indiana Regional MLS

APN: 34-03-26-401-028.000-002