NOT LISTED FOR SALE

1526 S Armstrong St Kokomo, IN 46902

Estimated Value: $152,339 - $282,000

2 Beds
2 Baths
2,160 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $20,000 $9 Per Sq Ft

Est. 949% increase in value since last sale

Current estimated payment $1,285/month

84 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Level Lot

About This Home

As of December 2017

INVESTORS!! GREAT OPPORTUNITY!! DUPLEX

Last Agent to Sell the Property

Amy Rollet

Trueblood Real Estate Listed on: 09/14/2017

Trueblood Real Estate

Last Buyer's Agent

Kim Kitch

Howell Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 46x150
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement
  • Block Basement Construction

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Boulevard Elementary School
  • Central Middle School
  • Kokomo High School

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating, lawn maintenance, maintenance, snow removal, sewer, trash collection, water, water softener
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 34-09-01-402-007.000-002

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $58
  • Fuel Expense $54
  • Insurance Expense $900
  • Water Sewer Expense $30

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1909
  • Age: 108
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FRANKLIN ADDN LOT 55 |
  • Parcel Number ID: 34-09-01-402-007.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 66.67
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Price Per Sq Ft: 9.26
  • Basement Material: Block
  • Flooring: Part Carpet, Wood
  • Number Of Ranges Ovens: 1

Exterior Features

  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 58
  • Annual Fuel Expense: 54
  • Annual Insurance Expense: 900
  • Annual Water Sewer Expense: 30
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 46x150
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Trash Collection, Water, Water Softener

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 803

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $20,000 -55.6% $9 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $45,000 -- $21 / 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 $2,023 $111,300 $18,600 $92,700
2022 $1,816 $90,300 $17,000 $73,300
2021 $1,466 $72,900 $17,000 $55,900
2020 $1,321 $65,600 $17,000 $48,600
2019 $447 $21,900 $17,000 $4,900
2018 $441 $21,300 $17,000 $4,300
2017 $809 $57,500 $17,000 $40,500
2016 $804 $57,600 $17,000 $40,600
2014 $819 $60,500 $16,300 $44,200
2013 $406 $63,000 $16,300 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201742791

Indiana Regional MLS

APN: 34-09-01-402-007.000-002