NOT LISTED FOR SALE

1612 N Wabash Ave Kokomo, IN 46901

Estimated Value: $80,000 - $146,927

4 Beds
2 Baths
1,800 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $47,500 $26 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $687/month

23 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of November 2015

Great Income Producing Duplex! 2 Bedroom Units, Attached Garage. Tenants pay own utilities, each unit rents for $500 per month.

Last Agent to Sell the Property

Sally Jenks

RE/MAX Realty One Listed on: 10/13/2015

RE/MAX Realty One

Last Buyer's Agent

Gene Stubbs

Stubbs Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x150
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Suburban Location

Schools

  • Kokomo Se Elementary And Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, heating, sewer, water
  • The owner pays for maintenance
  • Assessor Parcel Number 34-03-25-176-003.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1982
  • Age: 33
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E R ANDERSON S/D LOT 128 K & S LOT 8 |
  • Parcel Number ID: 34-03-25-176-003.000-002
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 95.96
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Price Per Sq Ft: 26.39
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55x150
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance
  • Tenant Pays: Cable, Cooling, Heating, Sewer, Water

Multi Family

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

Tax Info

  • Annual Property Tax: 1294

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 30, 2015
Sold by
Sd Member
Bought by
Gene Gilbert Hendrickson
Seller's Agent
Sally Jenks
RE/MAX Realty One
Buyer's Agent
Gene Stubbs
Stubbs Realty
List Price
$49,500
Sold Price
$47,500
Premium/Discount to List
-$2,000
-4.04%
Current Estimated Value
$108,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,732
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 15, 2015
Sold by
Roger F Timme
Bought by
Sd Member
Seller's Agent
Pam Maloney
RE/MAX Realty One
Buyer's Agent
Pam Maloney
RE/MAX Realty One
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.19%
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
Gene Gilbert Hendrickson $95,000 Metropolitan Title
Sd Member $65,000 Metropolitan Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2015 11/30/15 Sold $47,500 -4.0% $26 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $49,500 -23.8% $28 / Sq Ft
07/15/2015 07/15/15 Sold $65,000 -18.6% $72 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $79,900 -- $89 / 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 $1,344 $70,800 $11,400 $59,400
2022 $1,262 $63,100 $9,000 $54,100
2021 $1,082 $54,100 $9,000 $45,100
2020 $1,140 $57,000 $9,000 $48,000
2019 $1,038 $51,900 $8,500 $43,400
2018 $1,002 $50,100 $8,500 $41,600
2017 $1,146 $57,300 $8,500 $48,800
2016 $1,146 $57,300 $8,500 $48,800
2014 $1,294 $64,700 $10,800 $53,900
2013 $1,270 $63,500 $10,800 $52,700
Source: Public Records

Agents Affiliated with this Home

  • Sally Jenks

    Seller's Agent in 2015

    Sally Jenks

    RE/MAX

    (765) 661-1865

    178 Total Sales

    Sally Jenks
    Section Image
  • Pam Maloney

    Seller's Agent in 2015

    Pam Maloney

    RE/MAX

    (765) 438-1132

    100 Total Sales

    Pam Maloney
    Section Image

  • G

    Buyer's Agent in 2015

    Gene Stubbs

    Stubbs Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201548363

Indiana Regional MLS

APN: 34-03-25-176-003.000-002

Indiana Howard County Kokomo 46901

1612 N Wabash Ave, Kokomo, IN

This home is located at 1612 N Wabash Ave, Kokomo, IN 46901 since 13 October 2015 and is currently estimated at $108,232, approximately $60 per square foot. This property was built in 1982. 1612 N Wabash Ave is a home located in Howard County with nearby schools including Pettit Park School, Central 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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