NOT LISTED FOR SALE

Estimated Value: $103,000 - $287,000

8 Beds
4 Baths
2,976 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $151,500 $51 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,419/month

63 Days on Market

Highlights

  • 0.24 Acre Lot
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of April 2019

Investment Opportunity!! 2 duplexes at this location having a total of 4 two bedroom units.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 132
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, heating
  • Assessor Parcel Number 34-10-06-181-011.000-002

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,029

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Age: 25
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Fairlawn Extension of Fairlawn Addn Lots 149 & 150
  • Parcel Number ID: 34-10-06-181-011.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.38
  • Monthly Gross Income: 2292
  • Special Features: None

Interior Features

  • Total Sq Ft: 2976
  • Total Finished Sq Ft: 2976
  • Above Grade Finished Sq Ft: 2976
  • Price Per Sq Ft: 50.91
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80 x 132
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cooling, Heating

Multi Family

  • Gross Monthly Rent: 2300
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Roderick Jeter
Bought by
Thirteen36 Llc
Current Estimated Value
$211,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,390
Outstanding Balance
$118,383
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$98,812

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 24, 2019
Sold by
Gerle Jr Fred J
Bought by
Thirteen36 Llc
List Price
$165,800
Sold Price
$151,500
Premium/Discount to List
-$14,300
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$121,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2012
Closed on
Apr 18, 2012
Sold by
Community First Bank Of Indiana
Bought by
Fred J Gerle
Seller's Agent
Michael Grant
Apple Tree Realty, LLC
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$52,000
Sold Price
$52,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
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
Thirteen36 Llc -- Berkshire Law Llc
Jeter Roderick $168,098 Berkshire Jynell D
Thirteen36 Llc $161,196 Metropolitan Title
Fred J Gerle $106,000 Moore Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeter Roderick $126,390
Previous Owner Thirteen36 Llc $121,200
Closed Thirteen36 Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $151,500 -8.6% $51 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $165,800 0.0% $56 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $165,800 +218.8% $56 / Sq Ft
04/18/2012 04/18/12 Sold $52,000 0.0% $35 / Sq Ft
04/18/2012 04/18/12 For Sale $52,000 -- $35 / 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 $3,604 $188,600 $20,400 $168,200
2022 $3,352 $167,600 $15,600 $152,000
2021 $2,656 $132,800 $15,600 $117,200
2020 $2,268 $113,400 $15,600 $97,800
2019 $2,148 $107,400 $16,400 $91,000
2018 $2,153 $107,400 $16,400 $91,000
2017 $2,029 $101,200 $16,400 $84,800
2016 $2,029 $101,200 $16,400 $84,800
2014 $2,136 $106,800 $20,000 $86,800
2013 $2,428 $121,400 $20,000 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201903385

Indiana Regional MLS

APN: 34-10-06-181-011.000-002