NOT LISTED FOR SALE

1411 S Main St Kokomo, IN 46902

Estimated Value: $83,000 - $172,678

5 Beds
3 Baths
2,232 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $34,500 $15 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $705/month

60 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Lot Has A Rolling Slope

About This Home

As of January 2023

Investors take note! This property is currently set up as a 3 unit with three separate entrances. One unit (2 bed 1 bath) is on the main level at the front of the home, the second is on main level on the back side of the home (1 bed 1 bath) and the third unit is on the second floor (2 bed 1 bath) above unit one. The property is in need of significant rehab. The current owner just doesn’t have the time to complete the project so he’s passing this great investment opportunity to another buyer. Cash or rehab loans only.

Last Agent to Sell the Property

Christy Dechert

The Hardie Group Listed on: 10/14/2022

Last Buyer's Agent

Misty Davidson

The Wyman Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Lot Has A Rolling Slope

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Elwood Haynes Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, heating, lawn maintenance, sewer, tax, water
  • Assessor Parcel Number 34-09-01-283-015.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $1,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1889
  • Age: 133
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Hamlin Highland Lot 74
  • Parcel Number ID: 34-09-01-283-015.000-002
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.25
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2643
  • Total Finished Sq Ft: 2232
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Sq Ft: 411
  • Price Per Sq Ft: 15.46
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Laminate, Wood
  • Main Level Sq Ft: 1644
  • Total Below Grade Sq Ft: 411

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Annual Insurance Expense: 1150
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Elwood Haynes
  • Middle School: Maple Crest
  • High School: Kokomo
  • Elementary School: Elwood Haynes

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 50 x 150
  • Estimated Lot Sq Ft: 7492
  • Estimated Lot Size Acres: 0.172

Rental Info

  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Tax, Water

Tax Info

  • Annual Property Tax: 1050.95

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 20, 2023
Sold by
Hotshot Holdings Llc
Bought by
Lionshare Capital Llc
Seller's Agent
Christy Dechert
The Hardie Group
Buyer's Agent
Misty Davidson
The Wyman Group
List Price
$40,000
Sold Price
$34,500
Premium/Discount to List
-$5,500
-13.75%
Views
178
Current Estimated Value
$118,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,059
Avg. Annual Appreciation
57.70%

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 18, 2023
Sold by
Hotshot Holdings Llc
Bought by
Lionshare Capital Llc
Seller's Agent
Christy Dechert
The Hardie Group
Buyer's Agent
Misty Davidson
The Wyman Group
List Price
$40,000
Sold Price
$34,500
Premium/Discount to List
-$5,500
-13.75%
Views
178

Purchase Details

Closed on
May 26, 2021
Sold by
Larry Cunningham
Bought by
Hotshot Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,010
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2021
Sold by
Cunningham Larry
Bought by
Hotshot Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,010
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 4, 2012
Sold by
Howard County
Bought by
Larry Cunningham
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lionshare Capital Llc $34,500 --
Lionshare Capital Llc -- None Listed On Document
Hotshot Holdings Llc -- Grzegorski Eric D
Hotshot Holdings Llc -- None Listed On Document
Larry Cunningham $7,000 Auditor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hotshot Holdings Llc $22,010
Previous Owner Hotshot Holdings Llc $22,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $34,500 -13.8% $15 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $40,000 +15.9% $18 / Sq Ft
12/13/2022 12/13/22 Off Market $34,500 -- --
10/14/2022 10/14/22 For Sale $40,000 -- $18 / 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 $890 $53,000 $13,300 $39,700
2022 $890 $44,500 $10,800 $33,700
2021 $1,016 $50,800 $10,800 $40,000
2020 $1,154 $57,700 $10,800 $46,900
2019 $980 $49,000 $9,000 $40,000
2018 $949 $47,200 $9,000 $38,200
2017 $999 $49,700 $9,000 $40,700
2016 $999 $49,700 $9,000 $40,700
2014 $966 $48,200 $9,500 $38,700
2013 $954 $47,600 $9,500 $38,100
Source: Public Records

Agents Affiliated with this Home

  • Christy Dechert

    Seller's Agent in 2023

    Christy Dechert

    The Hardie Group

    (765) 438-7952

    323 Total Sales

    Christy Dechert
    Section Image
  • Misty Davidson

    Buyer's Agent in 2023

    Misty Davidson

    The Wyman Group

    (765) 480-7308

    68 Total Sales

    Misty Davidson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202242825

Indiana Regional MLS

APN: 34-09-01-283-015.000-002

Indiana Howard County Kokomo 46902

1411 S Main St, Kokomo, IN

This home is located at 1411 S Main St, Kokomo, IN 46902 since 14 October 2022 and is currently estimated at $118,559, approximately $53 per square foot. This property was built in 1889. 1411 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.

Nearby Homes