NOT LISTED FOR SALE

1816 N Morrison St Unit 1 & 2 Kokomo, IN 46901

Estimated Value: $72,000 - $109,523

2 Beds
2 Baths
2,016 Sq Ft
$43/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $15,000 $7 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $549/month

448 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot
  • Bungalow
  • Ceiling Fan
  • Carpet

About This Home

As of October 2015

MUST SELL; HEALTH PROBLEMS. CASH BUYERS MAKE AN OFFER! Live Payment Free! Rent out one side to make your payment!Two unit with 1 BR 1 bath each side and a basement. Current rental income is $850. per month total. Utilities are shared equally. New roof shingles in 2013. Could be changed into single family home easily.

Last Agent to Sell the Property

Nancy Burtch

Nancy Burtch Real Estate Listed on: 07/28/2014

Last Buyer's Agent

Nancy Burtch

Nancy Burtch Real Estate Listed on: 07/28/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x124
  • Level Lot

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Bon Air Elementary And Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for deposit value, electric, fuel
  • Assessor Parcel Number 34-03-25-136-002.000-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1949
  • Age: 66
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KIRKPATRICK & SCOTT'S 2ND ADDN LOTS 93-94 S2 1-3 |
  • Parcel Number ID: 34-03-25-136-002.000-002
  • Platted: Yes
  • Amenities: Cable Ready, Porch Covered
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 75.38
  • Monthly Gross Income: 750
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 1152
  • Below Grade Finished Sq Ft: 864
  • Price Per Sq Ft: 13.02
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x124
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Deposit Value, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 798

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Meadors Jon K and Meadors Michelle D
Bought by
Williams Joshua and Williams Alexandra
Current Estimated Value
$83,903

Purchase Details

Listed on
Jul 28, 2014
Closed on
Oct 29, 2015
Sold by
Sharon K Granson
Bought by
Meadors Jon K and Meadors Michelle D
Seller's Agent
Nancy Burtch
Nancy Burtch Real Estate
Buyer's Agent
Nancy Burtch
Nancy Burtch Real Estate
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%
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
Williams Joshua $60,500 Klatch Louis
Meadors Jon K $14,000 Moore Title & Escrow Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $15,000 -57.1% $7 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
07/28/2014 07/28/14 For Sale $35,000 -- $17 / 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 $1,106 $57,900 $8,300 $49,600
2022 $934 $46,700 $6,600 $40,100
2021 $800 $40,000 $6,600 $33,400
2020 $800 $40,000 $6,600 $33,400
2019 $764 $38,200 $6,200 $32,000
2018 $724 $36,200 $6,200 $30,000
2017 $754 $37,700 $6,200 $31,500
2016 $754 $37,700 $6,200 $31,500
2014 $814 $40,700 $7,900 $32,800
2013 $798 $39,900 $7,900 $32,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nancy Burtch

    Nancy Burtch Real Estate

    (765) 210-7578

    23 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201432452

Indiana Regional MLS

APN: 34-03-25-136-002.000-002

Indiana Howard County Kokomo 46901

1816 N Morrison St Unit 1 & 2, Kokomo, IN

This home is located at 1816 N Morrison St Unit 1 & 2, Kokomo, IN 46901 since 28 July 2014 and is currently estimated at $87,381, approximately $43 per square foot. This property was built in 1949. 1816 N Morrison St Unit 1 & 2 is a home located in Howard County with nearby schools including Bon Air Elementary 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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