$90,000
SOLD AUG 12, 2024

1406 N Philips St Kokomo, IN 46901

3 Beds
2 Baths
1,200 Sq Ft
6,621 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

10% Below List Price

125 Days on Market

Highlights

  • Level Lot
  • Carpet
  • 1-Story Property

About This Home

As of August 2024

Great income potential with this Duplex featuring 2 bedrooms/1 bath in one unit & 1 bedroom/1 bath in the other.

Last Agent to Sell the Property

Gina Key

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 03/21/2024

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $463

Year Built

  • Built in 1970

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 51 x 130
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn maintenance, sewer, water
  • Assessor Parcel Number 34-03-25-155-006.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $1,300
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$463

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Age: 54
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Conradts Addn Lot 322
  • Parcel Number ID: 34-03-25-155-006.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90
  • Monthly Gross Income: 1350
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Price Per Sq Ft: 75
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1300
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

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: 51 x 130
  • Estimated Lot Sq Ft: 6621
  • Estimated Lot Size Acres: 0.152

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 463

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Aug 9, 2024
Sold by
Wr Investment Group Llc
Bought by
Rentals By Karina Llc
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%

Purchase Details

Closed on
May 2, 2022
Sold by
Rozenberg Sean
Bought by
Wr Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 1, 2020
Sold by
Dave Crandall Llc
Bought by
Rozenberg Sean
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Gina Key
The Hardie Group
List Price
$87,500
Sold Price
$87,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$65,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2015
Closed on
Feb 12, 2016
Sold by
Security Bank
Bought by
Dave Crandall Llc
Seller's Agent
Paul Wyman
The Wyman Group
Buyer's Agent
Paul Wyman
The Wyman Group
List Price
$34,000
Sold Price
$20,000
Premium/Discount to List
-$14,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.42%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $90,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $87,281 Klatch Louis
Deed $20,000 Moore Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,750 New Conventional
Previous Owner $65,625 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $169,500 +88.3% $141 / Sq Ft
08/12/2024 08/12/24 Sold $90,000 -10.0% $75 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $100,000 0.0% $83 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $100,000 0.0% $83 / Sq Ft
06/10/2024 06/10/24 Price Changed $100,000 -13.0% $83 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $115,000 +31.4% $96 / Sq Ft
08/26/2020 08/26/20 Sold $87,500 0.0% $73 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $87,500 +337.5% $73 / Sq Ft
02/12/2016 02/12/16 Sold $20,000 -41.2% $17 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $34,000 -- $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 $995 $55,000 $10,100 $44,900
2023 $995 $49,400 $8,800 $40,600
2022 $927 $46,000 $8,800 $37,200
2021 $750 $37,200 $8,800 $28,400
2020 $754 $37,400 $8,800 $28,600
2019 $732 $36,300 $9,100 $27,200
2018 $681 $33,700 $9,100 $24,600
2017 $675 $33,400 $9,100 $24,300
2016 $661 $32,700 $9,100 $23,600
2014 $789 $39,100 $10,900 $28,200
2013 $835 $41,400 $10,900 $30,500
Source: Public Records

Agents Affiliated with this Home

  • Karina Hernandez

    Seller's Agent in 2025

    Karina Hernandez

    Trueblood Real Estate

    (765) 543-1973

    150 Total Sales

    Karina Hernandez
    Section Image
  • Gina Key

    Seller's Agent in 2024

    Gina Key

    The Hardie Group

    (765) 210-9275

    1,010 Total Sales

    Gina Key
    Section Image

  • R

    Buyer's Agent in 2024

    RACI NonMember

    NonMember RACI

  • Paul Wyman

    Seller's Agent in 2016

    Paul Wyman

    The Wyman Group

    (765) 419-1021

    515 Total Sales

    Paul Wyman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202409320

Indiana Regional MLS

APN: 34-03-25-155-006.000-002

Indiana Howard County Kokomo 46901

1406 N Philips St, Kokomo, IN

This home is located at 1406 N Philips St, Kokomo, IN 46901 and is currently priced at $90,000, approximately $75 per square foot. This property was built in 1970. 1406 N Philips St is a home located in Howard County with nearby schools including Pettit Park 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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