NOT LISTED FOR SALE

1706 S Market St Unit 1706, 1708, 1710, 17 Kokomo, IN 46902

Estimated Value: $104,000 - $243,074

4 Beds
4 Baths
2,112 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $230,000 $109 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,001/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Shed
  • Luxury Vinyl Tile Flooring
  • Laundry closet
  • Landscaped
  • Ceiling Fan

About This Home

As of March 2024

Welcome to an excellent investment opportunity! Presenting two meticulously maintained duplexes, each nestled on its own parcel, being sold together. Situated in a desirable location, both properties boast two 1-bedroom, 1-bathroom units, each offering 528 sq ft of comfortable living space. With off-street parking available, convenience is key for tenants. Currently rented, these units promise immediate income generation. Whether you're a seasoned investor or seeking a lucrative addition to your portfolio, these duplexes offer exceptional value and potential. Don't miss out on this rare chance to secure a profitable

Last Agent to Sell the Property

Holly Stone

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 02/19/2024

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $259

Year Built

  • Built in 1995

Lot Details

  • 10,280 Sq Ft Lot
  • Lot Dimensions are 100 x 165
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Elwood Haynes Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 34-09-10-419-003.000-002

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$259

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1995
  • Age: 29
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Hamlin Highland Lots 472 & 473
  • Parcel Number ID: 34-09-10-419-003.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Parcel Id2: 34-09-01-437-002.000-002
  • Sp Lp Percent: 100.44
  • Monthly Gross Income: 2380
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2112
  • Total Finished Sq Ft: 2112
  • Above Grade Finished Sq Ft: 2112
  • Price Per Sq Ft: 108.9
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

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

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 x 165
  • Estimated Lot Sq Ft: 10280
  • Estimated Lot Size Acres: 0.236

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2380
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 259

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 22, 2024
Sold by
Philippians 4 19 Llc
Bought by
Equifundable Properties Llc
Seller's Agent
Holly Stone
The Hardie Group
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Views
16
Current Estimated Value
$166,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,481
Avg. Annual Appreciation
-19.03%
Original Mortgage
$184,000
Outstanding Balance
$180,945
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$14,426

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 8, 2023
Sold by
Talley Roger H and Talley Margaret R
Bought by
Philippians 4 19 Llc
Seller's Agent
Flo Pogue
The Hardie Group
Buyer's Agent
Holly Stone
The Hardie Group
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
Original Mortgage
$164,000
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 6, 2023
Sold by
Talley Roger H and Talley Margaret R
Bought by
Philippians 4 19 Llc
Seller's Agent
Flo Pogue
The Hardie Group
Buyer's Agent
Holly Stone
The Hardie Group
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2019
Sold by
Titus Jr Kenneth E
Bought by
Talley Roger H and Talley Margaret R

Purchase Details

Closed on
Apr 23, 2019
Sold by
Titus Kenneth E and Fisher Lyndsay Ann
Bought by
Talley Roger H and Talley Margaret R

Purchase Details

Closed on
Apr 16, 2019
Sold by
Titus Kenneth E
Bought by
Talley Roger H

Purchase Details

Closed on
Aug 21, 2018
Sold by
Talley Roger H and Talley Margaret R
Bought by
Titus Kenneth E and Fisher Lyndsay Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Equifundable Properties Llc -- Meridian Title
Philippians 4 19 Llc $205,000 None Listed On Document
Philippians 4 19 Llc -- None Listed On Document
Talley Roger H -- Maugans J Conrad
Talley Roger H -- None Listed On Document
Talley Roger H -- Attorney Only
Titus Kenneth E $66,500 Maugans J Conrad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equifundable Properties Llc $184,000
Previous Owner Philippians 4 19 Llc $164,000
Previous Owner Philippians 4 19 Llc $164,000
Previous Owner Titus Kenneth E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2024 03/25/24 Sold $230,000 +0.4% $109 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $229,000 +11.7% $108 / Sq Ft
09/06/2023 09/06/23 Sold $205,000 +7.9% $98 / Sq Ft View Prior Sale
07/24/2023 07/24/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $190,000 -- $90 / 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 $1,374 $81,100 $20,800 $60,300
2023 $1,280 $68,700 $17,900 $50,800
2022 $1,280 $64,000 $17,900 $46,100
2021 $1,034 $51,700 $17,900 $33,800
2020 $1,054 $52,700 $17,900 $34,800
2019 $1,004 $50,200 $17,100 $33,100
2018 $985 $49,000 $17,100 $31,900
2017 $981 $48,800 $17,100 $31,700
2016 $949 $47,200 $17,100 $30,100
2014 $1,142 $57,100 $17,100 $40,000
2013 $1,138 $56,900 $17,100 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202405161

Indiana Regional MLS

APN: 34-09-01-437-002.000-002