NOT LISTED FOR SALE

1314 S Main St Kokomo, IN 46902

Estimated Value: $81,000 - $113,000

3 Beds
2 Baths
1,120 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $27,000 $24 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $599/month

74 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • 1-Story Property
  • Laundry closet
  • Carpet

About This Home

As of October 2018

Many options for this duplex. A great opportunity for investors or individuals looking for a space near downtown Kokomo. The front features a 1 bedroom efficiency with a 2 bedroom unit in the back. Could easily be opened up for a single family, 3 bedroom home. Property also has a 2 car detached garage that could also be leased out.

Last Agent to Sell the Property

Kylie Baker

The Wyman Group Listed on: 08/16/2018

Last Buyer's Agent

Brett Walker

The Wyman Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance
  • Assessor Parcel Number 34-09-01-282-004.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $590
  • Insurance Expense $574
  • Maintenance Expense $174
  • Water Sewer Expense $1,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1884
  • Age: 134
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Hamlin Highland lot 56 |
  • Parcel Number ID: 34-09-01-282-004.000-002
  • Platted: Yes
  • Sp Lp Percent: 90.3
  • Annual Miscellaneous: 8101
  • Monthly Gross Income: 950
  • Special Features: None

Interior Features

  • Total Sq Ft: 1120
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 1120
  • Price Per Sq Ft: 24.11
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1120
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 590
  • Annual Insurance Expense: 574
  • Annual Maintenance Expense: 174
  • Annual Water Sewer Expense: 1100
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50X132
  • Estimated Lot Sq Ft: 6621
  • Estimated Lot Size Acres: 0.152

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Tax Info

  • Annual Property Tax: 861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 1, 2018
Sold by
Bruce Schwierman David and Bruce Sandra L
Bought by
Ortiz Jurado and Ortiz Jose M
Seller's Agent
Kylie Baker
The Wyman Group
Buyer's Agent
Brett Walker
The Wyman Group
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%
Current Estimated Value
$104,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,233
Avg. Annual Appreciation
21.49%
Original Mortgage
$30,055
Outstanding Balance
$26,319
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$77,914

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 31, 2018
Sold by
Schwierman David Bruce and Schwierman Sandra L
Bought by
Jurado-Ortiz Jose M
Seller's Agent
Kylie Baker
The Wyman Group
Buyer's Agent
Brett Walker
The Wyman Group
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,055
Outstanding Balance
$26,319
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$77,914

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 29, 2018
Sold by
Schwierman David B and Schwierman Sandra L
Bought by
Ortiz Jurado and Ortiz Jose M
Seller's Agent
Kylie Baker
The Wyman Group
Buyer's Agent
Brett Walker
The Wyman Group
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,055
Outstanding Balance
$26,319
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$77,914
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
Ortiz Jurado $39,973 Metropolitan Title
Jurado-Ortiz Jose M $39,973 Metropolitan Title
Jurado-Ortiz Jose M -- Metropolitan Title
Ortiz Jurado -- Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jurado-Ortiz Jose M $30,055
Closed Ortiz Jurado $30,055
Closed Jurado-Ortiz Jose M $30,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $27,000 -9.7% $24 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $29,900 0.0% $27 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $29,900 -- $27 / 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 $543 $54,000 $12,600 $41,400
2023 $543 $47,800 $10,200 $37,600
2022 $557 $47,800 $10,200 $37,600
2021 $836 $41,800 $10,200 $31,600
2020 $920 $46,000 $10,200 $35,800
2019 $836 $41,800 $8,600 $33,200
2018 $817 $40,600 $8,600 $32,000
2017 $861 $42,800 $8,600 $34,200
2016 $865 $43,000 $8,600 $34,400
2014 $682 $34,100 $9,100 $25,000
2013 $826 $41,300 $9,100 $32,200
Source: Public Records

Agents Affiliated with this Home

  • Kylie Baker

    Seller's Agent in 2018

    Kylie Baker

    The Wyman Group

    (765) 210-3818

    31 Total Sales

    Kylie Baker
    Section Image

  • B

    Buyer's Agent in 2018

    Brett Walker

    The Wyman Group

    (765) 432-3865

    82 Total Sales

    Brett Walker
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201836944

Indiana Regional MLS

APN: 34-09-01-282-004.000-002

Indiana Howard County Kokomo 46902

1314 S Main St, Kokomo, IN

This home is located at 1314 S Main St, Kokomo, IN 46902 since 16 August 2018 and is currently estimated at $104,233, approximately $93 per square foot. This property was built in 1884. 1314 S Main 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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