NOT LISTED FOR SALE

215 N Purdum St Kokomo, IN 46901

Estimated Value: $80,000 - $109,885

4 Beds
1 Bath
1,568 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $30,000 $19 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $606/month

Highlights

  • Fenced Yard
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System

About This Home

As of August 2022

Great rental property. Long term tenants

Last Agent to Sell the Property

Cheryl Yard

Cher-Can Realty Listed on: 07/22/2022

Last Buyer's Agent

Cheryl Yard

Cher-Can Realty Listed on: 07/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1899

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 81x43
  • Fenced Yard
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Sycamore Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Insurance Expense $684
  • Maintenance Expense $200

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, water
  • Assessor Parcel Number 34-04-31-110-008.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$692

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1899
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT LOT6 NW4 31-24--4-43'X80.8' PURDUM ST
  • Parcel Number ID: 34-04-31-110-008.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Fireplace
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 652
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2352
  • Total Finished Sq Ft: 1568
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Sq Ft: 784
  • Price Per Sq Ft: 19.13
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 784
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 684
  • Annual Maintenance Expense: 200
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 81X43
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Tenant Pays: Cable, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 692

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Open Door Property Management Llc
Bought by
Dr Mj Llc
Current Estimated Value
$98,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2022
Sold by
Open Door Property Management Llc
Bought by
Dr Mj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 3, 2022
Sold by
Alvarado Johnny Leif
Bought by
Open Door Property Management Llc
Seller's Agent
Cheryl Yard
Cher-Can Realty
Buyer's Agent
Cheryl Yard
Cher-Can Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.79%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Peaceful Llc
Bought by
Johnny Leif Alvarado
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dr Mj Llc -- --
Dr Mj Llc -- None Listed On Document
Open Door Property Management Llc -- Jaquinde William
Johnny Leif Alvarado $10,000 Moore Title And Escrow, Inc
Alvarado Johnny Leif -- Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dr Mj Llc $85,000
Closed Dr Mj Llc $28,500
Closed Dr Mj Llc $28,500
Previous Owner Alvarado Johnny Leif $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $30,000 0.0% $19 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $30,000 -- $19 / 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 $936 $56,200 $5,100 $51,100
2022 $882 $44,100 $4,000 $40,100
2021 $692 $34,600 $4,000 $30,600
2020 $692 $34,600 $4,000 $30,600
2019 $644 $32,200 $3,600 $28,600
2018 $821 $31,000 $3,600 $27,400
2017 $921 $33,600 $3,600 $30,000
2016 $672 $33,600 $3,600 $30,000
2014 $670 $33,500 $3,800 $29,700
2013 $662 $33,100 $3,800 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202230566

Indiana Regional MLS

APN: 34-04-31-110-008.000-002