$420,000

1403 Dunham On Berkley Kokomo, IN 46901

Estimated payment $2,552/month

Total Views 940
1 Bed
1 Bath
480 Sq Ft
$875 Price per Sq Ft

Highlights

  • Tile Flooring
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

Here’s your chance to own a solid, income-producing investment with these 6 fully renovated and fully applianced one-bedroom condos. Each unit has been tastefully updated and is move-in ready. Whether you’re looking to use them as furnished rentals or launch them as short-term rentals, optional furniture packages make the transition seamless. The HOA is just $140/month and covers water, sewer, trash, exterior maintenance, and the roof—keeping your expenses predictable and your management light. Tenants only pay for electric. Perfect for investors seeking steady cash flow, low overhead, and flexible rental options.

Listing Agent

Gina Key

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 06/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1972

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 20 x 52
  • Level Lot

Parking

  • 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for association dues
  • Assessor Parcel Number 34-03-26-255-038.000-002

Community Details

Overview

  • 6 Units
  • Berkley Square Subdivision

Building Details

  • 6 Separate Gas Meters
  • Insurance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,924

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1972
  • Age: 53
  • Style: Condo
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Berkley Northwest Phase One Bldg 25 Unit 2 & Und % Int in Ca
  • Parcel Number ID: 34-03-26-255-038.000-002
  • Platted: Yes
  • Annual Miscellaneous: 140
  • Monthly Gross Income: 4800
  • Year Taxes Payable: 2025
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 480
  • Total Finished Sq Ft: 480
  • Above Grade Finished Sq Ft: 480
  • Price Per Sq Ft: 875
  • Basement Foundation: Slab
  • Flooring: Tile, Vinyl
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3000
  • Number Gas Meters: 6
  • Number Of W D Hookups: 6

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 20 x 52
  • Estimated Lot Sq Ft: 871
  • Estimated Lot Size Acres: 0.02

Rental Info

  • Owner Pays: Association Dues
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 4800
  • Number Of Dryers: 6
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 6
  • Num Of1 Bedrooms: 6

Tax Info

  • Annual Property Tax: 2924

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $469 $25,500 $3,200 $22,300
2022 $503 $25,000 $3,200 $21,800
2021 $428 $21,300 $3,200 $18,100
2020 $416 $20,700 $3,200 $17,500
2019 $400 $19,900 $3,200 $16,700
2018 $418 $20,800 $3,200 $17,600
2017 $442 $22,000 $3,200 $18,800
2016 $464 $23,100 $3,200 $19,900
2014 $434 $21,600 $3,200 $18,400
2013 $428 $21,300 $3,200 $18,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $420,000 -- $875 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202525307

Indiana Regional MLS

APN: 34-03-26-255-038.000-002