NOT LISTED FOR SALE

1601 N Wabash Ave Kokomo, IN 46901

Estimated Value: $104,000 - $364,687

5 Beds
2 Baths
1,440 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $315,000 $219 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $1,240/month

Highlights

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

About This Home

As of March 2023

Property was sold as a package with 1725 & 1727 N Lindsay and 1919 & 1919.5 N Waugh. One party sold.

Last Agent to Sell the Property

Audra Cannon

CRM Properties, Inc Listed on: 01/31/2023

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc Listed on: 01/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1995

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x130
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • 1 Bedroom in Basement
  • Carbon Monoxide Detectors
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 34-03-25-154-018.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CONRADTS ADDN LOT 19
  • Parcel Number ID: 34-03-25-154-018.000-002
  • Platted: Yes
  • Amenities: Detector-Carbon Monoxide, Washer Hook-Up
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1195
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 218.75
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51x130
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1195
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1300

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
Jan 31, 2023
Closed on
Mar 23, 2023
Sold by
Leimer Ladd K and Leimer Patricia L
Bought by
Atr Indy Llc
Seller's Agent
Audra Cannon
CRM Properties, Inc
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$212,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,828
Avg. Annual Appreciation
-14.15%
Original Mortgage
$236,250
Outstanding Balance
$219,954
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$7,782

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 16, 2023
Sold by
Leimer Ladd K and Leimer Patricia L
Bought by
Atr Indy Llc
Seller's Agent
Audra Cannon
CRM Properties, Inc
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Outstanding Balance
$219,954
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$7,782
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
Atr Indy Llc $315,000 --
Atr Indy Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atr Indy Llc $236,250
Closed Atr Indy Llc $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $315,000 0.0% $219 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $315,000 -- $219 / 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 $1,376 $76,600 $10,100 $66,500
2022 $1,282 $64,100 $8,800 $55,300
2021 $980 $51,200 $8,800 $42,400
2020 $980 $49,000 $8,800 $40,200
2019 $946 $47,300 $9,100 $38,200
2018 $878 $43,900 $9,100 $34,800
2017 $872 $43,600 $9,100 $34,500
2016 $852 $42,600 $9,100 $33,500
2014 $944 $47,200 $10,900 $36,300
2013 $1,014 $50,700 $10,900 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202307880

Indiana Regional MLS

APN: 34-03-25-154-018.000-002