NOT LISTED FOR SALE

1437 S Webster St Kokomo, IN 46902

Estimated Value: $133,805 - $142,000

4 Beds
2 Baths
1,800 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $85,000 $47 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $880/month

3 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Garage
  • Carpet
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2021

Investment opportunity! Well maintained duplex with professional property management already in place! Unit #1 is currently rented at $705/month with a move out date of 8/27/21 and unit #2 is currently in turn and was previously rented at $575/month.

Last Agent to Sell the Property

Audra Cannon

CRM Properties, Inc Listed on: 07/30/2021

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 34-09-01-181-023.000-002

Community Details

Overview

  • $128 Other Monthly Fees
  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,338

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SE4 S2 NW4 1-23-3 0.17 AC
  • Parcel Number ID: 34-09-01-181-023.000-002
  • Platted: Yes
  • Amenities: Basement, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 94.44
  • Annual Miscellaneous: 3154.35
  • Monthly Gross Income: 1280
  • Special Features: None

Interior Features

  • Total Sq Ft: 2772
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 972
  • Price Per Sq Ft: 47.22
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Mixed, Vinyl
  • Total Below Grade Sq Ft: 972
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 200
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Other Fee Description: 10% Management
  • Other Fees Dollar: 128
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x142
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1280
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Greenbush 64 Llc
Bought by
Kokomo 141 Borrower Llc
Current Estimated Value
$138,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,901,000
Outstanding Balance
$12,177,792
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
-$12,039,524

Purchase Details

Listed on
Jul 30, 2021
Closed on
Nov 1, 2021
Sold by
Newton Bradley R
Bought by
Greenbush 64 Llc
Seller's Agent
Audra Cannon
CRM Properties, Inc
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$6,500,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 29, 2021
Sold by
Newton Bradley R and Newton Cathryn M
Bought by
Greenbush 64 Llc
Seller's Agent
Audra Cannon
CRM Properties, Inc
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
2.8%
Mortgage Type
Construction
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
Kokomo 141 Borrower Llc -- None Listed On Document
Greenbush 64 Llc $8,645,000 Jaquinde William
Greenbush 64 Llc -- Jaquinde William
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kokomo 141 Borrower Llc $12,901,000
Previous Owner Greenbush 64 Llc $6,500,000
Previous Owner Greenbush 64 Llc $6,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $85,000 -5.6% $47 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $90,000 -- $50 / 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 $1,724 $92,800 $16,200 $76,600
2023 $1,724 $86,200 $16,200 $70,000
2022 $1,584 $79,200 $16,200 $63,000
2021 $1,338 $66,900 $16,200 $50,700
2020 $1,338 $66,900 $16,200 $50,700
2019 $1,304 $65,200 $15,000 $50,200
2018 $1,227 $61,100 $15,000 $46,100
2017 $1,217 $60,600 $15,000 $45,600
2016 $1,217 $60,600 $15,000 $45,600
2014 $1,152 $57,600 $14,500 $43,100
2013 $1,134 $56,700 $14,500 $42,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Audra Cannon

    CRM Properties, Inc

    (765) 431-9111

    255 Total Sales

    Audra Cannon
    Section Image
  • Charise Goodnight

    Buyer's Agent in 2021

    Charise Goodnight

    RE/MAX

    (765) 438-7731

    381 Total Sales

    Charise Goodnight
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202131073

Indiana Regional MLS

APN: 34-09-01-181-023.000-002

Indiana Howard County Kokomo 46902

1437 S Webster St, Kokomo, IN

This home is located at 1437 S Webster St, Kokomo, IN 46902 since 30 July 2021 and is currently estimated at $138,268, approximately $76 per square foot. This property was built in 1900. 1437 S Webster 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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