$63,600
SOLD JAN 24, 2022

1609 N Lafountain St Kokomo, IN 46901

3 Beds
1 Bath
1,167 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

15% Below List Price

95 Days on Market

Highlights

  • Detached Second Garage
  • Eat-In Kitchen
  • Carpet
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2024

Spacious 3 bedroom home! Newer flooring, freshly painted cabinets, countertops, central air and plumbing all in 2019. The spacious kitchen is open to the dining and family room. You'll love the covered front porch and large detached garage! All appliances included!

Last Agent to Sell the Property

Paul Wyman

The Wyman Group

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1902

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x124

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,167 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Detached Second Garage

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, lawn maintenance, sewer, trash collection, water, water softener
  • The owner pays for tax
  • Assessor Parcel Number 34-03-25-278-014.000-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1902
  • Age: 120
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Park View Addn Lot 117
  • Parcel Number ID: 34-03-25-278-014.000-012
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Eat-In Kitchen, Porch Covered, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.99
  • Monthly Gross Income: 875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1167
  • Total Finished Sq Ft: 1167
  • Above Grade Finished Sq Ft: 1167
  • Price Per Sq Ft: 54.5
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 400

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: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x124
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Trash Collection, Water, Water Softener

Multi Family

  • Gross Monthly Rent: 875
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 14, 2024
Sold by
Chen Shaoqiang and Chen Xueping
Bought by
Fulton Andrea Nicole Lynn
Seller's Agent
Audra Cannon
CRM Properties, Inc
Buyer's Agent
Jamie Leach
The Hardie Group
List Price
$79,900
Sold Price
$74,500
Premium/Discount to List
-$5,400
-6.76%
Total Days on Market
95
Views
86
Current Estimated Value
$83,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,893
Avg. Annual Appreciation
8.18%
Original Mortgage
$72,265
Outstanding Balance
$71,339
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$10,980

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 25, 2022
Sold by
Mach Holdings Llc
Bought by
Chen Shaoqiang and Gong Xueping
Seller's Agent
Paul Wyman
The Wyman Group
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$74,900
Sold Price
$63,600
Premium/Discount to List
-$11,300
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Feb 2, 2021
Sold by
Toth Brandon J
Bought by
Mach Holdings Llc

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 30, 2020
Sold by
Tommy Jarrell and Tommy Connie
Bought by
Toth Brandon J
Seller's Agent
Jenny Beals
The Hardie Group
Buyer's Agent
Paul Wyman
The Wyman Group
List Price
$59,900
Sold Price
$61,000
Premium/Discount to List
$1,100
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$48,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $74,500 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $63,600 Klatch Louis
Warranty Deed $64,904 Maugans J Conrad
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,265 New Conventional
Previous Owner $48,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $74,500 -4.4% $64 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $77,900 -2.5% $67 / Sq Ft
12/20/2023 12/20/23 For Sale $79,900 0.0% $68 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $79,900 +25.6% $68 / Sq Ft
01/24/2022 01/24/22 Sold $63,600 -9.0% $54 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
10/19/2021 10/19/21 Price Changed $69,900 -6.7% $60 / Sq Ft
10/07/2021 10/07/21 For Sale $74,900 +22.8% $64 / Sq Ft
03/25/2020 03/25/20 Sold $61,000 +1.8% $52 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $59,900 -- $51 / Sq Ft
Source: Indiana Regional MLS

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 $1,104 $63,000 $7,900 $55,100
2022 $1,142 $57,100 $7,700 $49,400
2021 $1,058 $52,900 $7,700 $45,200
2020 $988 $49,400 $7,700 $41,700
2019 $1,008 $50,400 $8,700 $41,700
2018 $970 $48,500 $8,700 $39,800
2017 $962 $48,100 $8,700 $39,400
2016 $962 $48,100 $8,700 $39,400
2014 $854 $42,700 $9,700 $33,000
2013 $840 $42,000 $9,700 $32,300
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202142345

Indiana Regional MLS

APN: 34-03-25-278-014.000-002