NOT LISTED FOR SALE

1225 W Madison St Kokomo, IN 46901

Estimated Value: $119,788 - $129,000

3 Beds
1 Bath
1,224 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $90,000 $74 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $716/month

About This Home

As of April 2023

Cute 3 bedroom, 1 bath home offering 2 living spaces, some updates & a 2 car detached garage.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 03/02/2023

Last Buyer's Agent

Gina Key

The Hardie Group Listed on: 03/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51 x 150
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 34-03-25-356-002.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 123
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: R G SMITH'S 5TH ADDN LOT 134 37 FT W SD & PT EMELINE ST VAC
  • Parcel Number ID: 34-03-25-356-002.000-002
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1530
  • Total Finished Sq Ft: 1224
  • Above Grade Finished Sq Ft: 1224
  • Below Grade Sq Ft: 306
  • Price Per Sq Ft: 73.53
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Living Great Room: Dimensions: 15x20, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 16x11, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 306

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x18
  • Garage Sq Ft: 468
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 51 X 150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 1080

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
Mar 2, 2023
Closed on
Apr 5, 2023
Sold by
Matsumoto Christopher
Bought by
Lunsford Angela and Gaddis Jessica
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Gina Key
The Hardie Group
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$123,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,947
Avg. Annual Appreciation
10.42%
Original Mortgage
$88,369
Outstanding Balance
$86,420
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$27,982

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 19, 2019
Sold by
Carl Crowder and Carl Linda L
Bought by
Matsumoto Christopher
List Price
$49,900
Sold Price
$37,500
Premium/Discount to List
-$12,400
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 14, 2019
Sold by
Carl Crowder
Bought by
Matsumoto Christopher
List Price
$49,900
Sold Price
$37,500
Premium/Discount to List
-$12,400
-24.85%
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
Lunsford Angela $90,000 None Listed On Document
Matsumoto Christopher -- Metropolitan Title
Matsumoto Christopher $37,500 Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lunsford Angela $88,369
Previous Owner Matsumoto Christopher $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $90,000 0.0% $74 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $90,000 +140.0% $74 / Sq Ft
03/14/2019 03/14/19 Sold $37,500 -24.8% $31 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $49,900 0.0% $41 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $49,900 -- $41 / 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 $507 $73,300 $10,800 $62,500
2022 $1,328 $66,400 $9,500 $56,900
2021 $1,080 $54,000 $9,500 $44,500
2020 $1,022 $51,100 $9,500 $41,600
2019 $994 $49,700 $9,700 $40,000
2018 $948 $47,400 $9,700 $37,700
2017 $940 $47,000 $9,700 $37,300
2016 $924 $46,200 $9,700 $36,500
2014 $986 $49,300 $11,600 $37,700
2013 $1,034 $51,700 $11,600 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202309982

Indiana Regional MLS

APN: 34-03-25-356-002.000-002