NOT LISTED FOR SALE

128 W Walnut St Kokomo, IN 46901

Downtown Kokomo Neighborhood

Estimated Value: $367,500

1 Bed
1.5 Baths
2,310 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $50,000 $22 Per Sq Ft

Est. 635% increase in value since last sale

Current estimated payment $2,218/month

158 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to City Hall Millenium Park
  • Porch
  • Carpet

About This Home

As of April 2019

EXCEPTIONAL INVESTMENT OPPORTUNITY DOWNTOWN. TWO UNIT CONDO ONE IS CURRENTLY A ONE BEDROOM APT THE SECOND IS SETUP AS AN OFFICE THAT HAS A KITCHENETTE AND CAN BE CONVERTED.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1885

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-239-015.003-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1885
  • Age: 134
  • Style: Condo
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: WALNUT STREET CONDOMINIUMS UNIT 2A & 28% INT IN COMMON AREA OF OP W2 LOT 74 |
  • Parcel Number ID: 34-03-36-239-015.003-002
  • Platted: Yes
  • Amenities: Porch Open
  • Inside City Limits: Yes
  • Sp Lp Percent: 79.37
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2310
  • Total Finished Sq Ft: 2310
  • Above Grade Finished Sq Ft: 2310
  • Price Per Sq Ft: 21.65
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

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: Sycamore
  • Middle School: Central
  • High School: Kokomo

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 33X132
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
May 3, 2019
Sold by
Chris Hainlen
Bought by
Emi Lance
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Total Days on Market
158
Current Estimated Value
$367,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,500

Purchase Details

Listed on
Nov 19, 2018
Closed on
Apr 30, 2019
Sold by
Chris Hainlen and Chris Michael
Bought by
Lance Emi
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Hainlen Randy G
Bought by
Hainlen Chris and Hainlen Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Emi Lance -- Maugans J Conrad
Lance Emi $50,000 Attorney Only
Hainlen Chris -- Rush Annette F
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $50,000 -20.6% $22 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $63,000 -3.1% $27 / Sq Ft
11/19/2018 11/19/18 For Sale $65,000 -- $28 / 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 $1,860 $62,500 $8,800 $53,700
2022 $1,860 $62,000 $7,700 $54,300
2021 $1,809 $60,300 $7,700 $52,600
2020 $1,665 $55,500 $7,700 $47,800
2019 $1,821 $60,700 $7,700 $53,000
2018 $1,833 $61,100 $7,700 $53,400
2017 $1,722 $57,400 $7,700 $49,700
2016 $1,650 $55,000 $7,700 $47,300
2014 $1,599 $53,300 $7,700 $45,600
2013 $1,782 $59,400 $7,700 $51,700
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201851249

Indiana Regional MLS

APN: 34-03-36-239-015.003-002

Indiana Howard County Kokomo 46901 Downtown Kokomo

128 W Walnut St, Kokomo, IN

This home is located at 128 W Walnut St, Kokomo, IN 46901 since 19 November 2018 and is currently priced at $367,500, approximately $159 per square foot. This property was built in 1885. 128 W Walnut St is a home located in Howard County with nearby schools including Sycamore Elementary School, Central 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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