NOT LISTED FOR SALE

1240 S Locke St Kokomo, IN 46902

Fairlawn Neighborhood

Estimated Value: $112,000 - $146,000

3 Beds
1.5 Baths
1,296 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $120,000 $93 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $738/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Spacious 3 bedroom home offering 1.5 baths with a generous living area. Bonus room could be used as an extra sitting room or office. Ally accessto the large 2 car garage.

Last Agent to Sell the Property

Gina Key

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 07/17/2023

Last Buyer's Agent

Joe Martino

Martino Realty & Auctioneers - Monticello

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 132
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Fair Lawn / Fairlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-10-06-176-012.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 113
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: FAirlawn ext of Fairlawn addn Lot 251
  • Parcel Number ID: 34-10-06-176-012.000-002
  • Platted: Yes
  • Sp Lp Percent: 104.35
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1296
  • Total Finished Sq Ft: 1296
  • Above Grade Finished Sq Ft: 1296
  • Price Per Sq Ft: 92.59
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 12x17, On Level: Main
  • Kitchen: Dimensions: 9x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 10x14, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 7x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

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: Irregular
  • Lot Dimensions: 40 x 132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 474
  • Exemptions: Homestead, Mortgage

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
Jul 17, 2023
Closed on
Aug 11, 2023
Sold by
Eliason Shaelah C and Clark Jeanine C
Bought by
Dowden Marcia M
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Joe Martino
Martino Realty & Auctioneers - Monticello
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Views
84
Current Estimated Value
$130,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,272
Avg. Annual Appreciation
3.93%
Original Mortgage
$116,400
Outstanding Balance
$113,813
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$16,459

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 8, 2022
Sold by
Young Julie R
Bought by
Eliason Shaelah C and Clark Jeannie C
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Gina Key
The Hardie Group
List Price
$99,000
Sold Price
$103,000
Premium/Discount to List
$4,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$101,134
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2022
Sold by
Judy Gray
Bought by
Young Julie R and Davis Bethann
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
Dowden Marcia M -- None Listed On Document
Young Julie R -- Butcher Ball Lowry Mcmahan & M
Eliason Shaelah C $103,000 Jaquinde William
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowden Marcia M $116,400
Previous Owner Eliason Shaelah C $101,134
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $120,000 +4.3% $93 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $115,000 +11.7% $89 / Sq Ft
06/06/2022 06/06/22 Sold $103,000 +4.0% $79 / Sq Ft
05/04/2022 05/04/22 For Sale $99,000 -- $76 / 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 $561 $84,100 $10,200 $73,900
2022 $465 $69,900 $7,800 $62,100
2021 $352 $55,900 $7,800 $48,100
2020 $282 $48,700 $7,800 $40,900
2019 $255 $45,800 $8,200 $37,600
2018 $234 $45,800 $8,200 $37,600
2017 $229 $43,500 $8,200 $35,300
2016 $219 $43,500 $8,200 $35,300
2014 $243 $48,000 $10,000 $38,000
2013 $252 $52,600 $10,000 $42,600
Source: Public Records

Agents Affiliated with this Home

  • Gina Key

    Seller's Agent in 2023

    Gina Key

    The Hardie Group

    (765) 210-9275

    32 in this area

    998 Total Sales

    Gina Key
    Section Image
  • Joe Martino

    Buyer's Agent in 2023

    Joe Martino

    Martino Realty & Auctioneers - Monticello

    (765) 434-8598

    3 in this area

    176 Total Sales

    Joe Martino
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202324936

Indiana Regional MLS

APN: 34-10-06-176-012.000-002

Indiana Howard County Kokomo 46902 Fairlawn

1240 S Locke St, Kokomo, IN

This home is located at 1240 S Locke St, Kokomo, IN 46902 since 17 July 2023 and is currently estimated at $130,272, approximately $100 per square foot. This property was built in 1910. 1240 S Locke St is a home located in Howard County with nearby schools including Elwood Haynes Elementary School, Maple Crest Middle School, and Kokomo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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