NOT LISTED FOR SALE

1816 N Morrison St Kokomo, IN 46901

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

2 Beds
2 Baths
1,152 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $60,500 $53 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $569/month

57 Days on Market

About This Home

As of August 2022

Wonderful investment opportunity on the North side of Kokomo! This duplex has new windows, heating a cooling system, water heater, cement, a porch deck replaced 4 years ago and a 7 year old roof. The smaller unit has a new bathroom shower and is currently occupied. The larger unit is vacant, with fresh paint and new carpet. Don't miss this opportunity to invest in an established neighborhood with cash flow positive!

Last Agent to Sell the Property

Chelsie Lanning

F.C. Tucker Company Listed on: 11/30/2021

F.C. Tucker Company

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1949

Lot Details

  • 5,227

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tenant pays for cable TV, gas, all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 340325136002000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1949
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 74900

Garage/Parking

  • Unit Parking: 2 Car Space,Unpaved

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1317

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 340325136002000002
  • Acres: <1/4 Acre
  • Lot Information: Not Applicable
  • Lot Number: 93&N1-3
  • Lot Size: 44x124

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Gas, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 800
  • Semi Annual Property Tax Amt: 400
  • Tax Exemption: None

MLS Schools

  • School District: Kokomo-Center Township CSC

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
$87,381

Purchase Details

Closed on
Oct 29, 2015
Sold by
Sharon K Granson
Bought by
Meadors Jon K and Meadors Michelle D
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
08/19/2022 08/19/22 Sold $60,500 -24.4% $53 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $80,000 -- $69 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21826558

MIBOR Broker Listing Cooperative®

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