NOT LISTED FOR SALE

225 Kingston Rd Kokomo, IN 46901

Old Silk Stocking Neighborhood

Estimated Value: $160,000 - $194,000

4 Beds
3 Baths
2,567 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $93,000 $36 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,193/month

93 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Garage
  • Corner Lot

About This Home

As of June 2018

Buyers need to take a close look at this wonderful opportunity that has been in the same family for decades. Three nice units in a classy house located on a large lot in the Silk Stocking neighborhood. Excellent area that is close downtown and Westside services. Easy access to walking trails and parks. Must have confirmed appointment. Fact sheet available for detailed information.

Last Agent to Sell the Property

Jolene Smith

F.C. Tucker-Tomlinson Listed on: 03/12/2018

F.C. Tucker-Tomlinson

Last Buyer's Agent

Chris Mullinax

CRM Properties, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1911

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Corner Lot

Home Design

  • Triplex

Interior Spaces

  • 2,567 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • On-Street Parking

Schools

  • Lafayette Park Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, sewer
  • Assessor Parcel Number 34-03-36-154-016.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $1,200
  • Insurance Expense $1,600
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,847

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1911
  • Age: 107
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Columbus and Ironton Lots 54 55 56 Ss EXC 11.5'N SDx75.5' |
  • Parcel Number ID: 34-03-36-154-016.000-002
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Available, Detector-Smoke, Washer Hook-Up
  • Sp Lp Percent: 97.89
  • Monthly Gross Income: 1650
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2567
  • Total Finished Sq Ft: 2567
  • Above Grade Finished Sq Ft: 2567
  • Price Per Sq Ft: 36.23
  • Basement Foundation: Unfinished
  • Flooring: Vinyl, Wood
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 600
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 1600
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 75x150
  • Estimated Lot Sq Ft: 11238
  • Estimated Lot Size Acres: 0.258

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Electric, Sewer
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 1847
  • Annual Property Tax: 1847

Multi Family

  • Gross Monthly Rent: 1650
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

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
Jan 27, 2020
Sold by
Zamani Properties Llc
Bought by
Black Sheep Investments Llc
Current Estimated Value
$182,902

Purchase Details

Closed on
Jan 24, 2020
Sold by
Zamani Properties Llc
Bought by
Black Sheep Investments Llc

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 27, 2018
Sold by
Walker Walker
Bought by
Zamani Properties Llc
Seller's Agent
Jolene Smith
F.C. Tucker-Tomlinson
Buyer's Agent
Chris Mullinax
CRM Properties, Inc
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$68,000
Interest Rate
4.6%
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
Black Sheep Investments Llc -- Grzegorski Eric D
Black Sheep Investments Llc -- None Listed On Document
Zamani Properties Llc $93,000 --
Zamani Properties Llc $93,000 Maugans J Conrad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Sheep Investments Llc $192,000
Closed Black Sheep Investments Llc $250,000
Previous Owner Zamani Properties Llc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $93,000 -6.9% $36 / Sq Ft
03/12/2018 03/12/18 For Sale $99,900 -- $39 / 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 $2,446 $139,200 $28,800 $110,400
2022 $2,446 $122,300 $25,400 $96,900
2021 $2,152 $107,600 $25,400 $82,200
2020 $2,024 $101,200 $25,400 $75,800
2019 $1,922 $96,100 $20,300 $75,800
2018 $1,863 $92,900 $20,300 $72,600
2017 $1,847 $92,100 $20,300 $71,800
2016 $1,735 $86,500 $20,300 $66,200
2014 $1,435 $71,500 $18,200 $53,300
2013 $1,431 $71,300 $18,200 $53,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jolene Smith

    F.C. Tucker-Tomlinson

    (765) 438-3237

    2 in this area

    63 Total Sales

    Jolene Smith
    Section Image

  • C

    Buyer's Agent in 2018

    Chris Mullinax

    CRM Properties, Inc

    (765) 860-8010

    7 Total Sales

    Chris Mullinax
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201809227

Indiana Regional MLS

APN: 34-03-36-154-016.000-002

Indiana Howard County Kokomo 46901 Old Silk Stocking

225 Kingston Rd, Kokomo, IN

This home is located at 225 Kingston Rd, Kokomo, IN 46901 since 12 March 2018 and is currently estimated at $182,902, approximately $71 per square foot. This property was built in 1911. 225 Kingston Rd is a home located in Howard County with nearby schools including Lafayette Park 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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