NOT LISTED FOR SALE

2526 N Armstrong St Kokomo, IN 46901

Estimated Value: $116,000 - $499,888

3 Beds
4 Baths
1,088 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $308,000 $283 Per Sq Ft

Current estimated payment $2,197/month

Highlights

  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2017

One party- listed & sold.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1998

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 188 x 132
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Bedrooms
  • 1,088 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Luxury Vinyl Tile

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 34-03-24-402-029.000-002

Community Details

Overview

  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $4,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Legal Description: CHARLES M STEELE'S S/D PT LOT 66 & ALL LOTS 67 68 & 69 0.57 AC
  • Parcel Number ID: 34-03-24-402-029.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Sp Lp Percent: 100
  • Monthly Gross Income: 500
  • Special Features: None

Interior Features

  • Total Sq Ft: 1088
  • Total Finished Sq Ft: 1088
  • Above Grade Finished Sq Ft: 1088
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 4000
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 4800
  • Number Of W D Hookups: 8

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 188 x 132
  • Estimated Lot Sq Ft: 24829
  • Estimated Lot Size Acres: 0.57

Rental Info

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

Multi Family

  • Gross Monthly Rent: 625
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of 3 Bedrooms: 8
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 4106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Ebert Rental Properties Llc
Bought by
Blackajack Real Estate Llp
Current Estimated Value
$307,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$390,758
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$82,814

Purchase Details

Closed on
Apr 5, 2021
Sold by
Schaal Land Company Llc
Bought by
Ebert Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2021
Sold by
Schaal Land Company Llc
Bought by
Ebert Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2013
Closed on
Mar 27, 2013
Sold by
Property
Bought by
Properties
Seller's Agent
Laura Cardwell
The Hardie Group
Buyer's Agent
Laura Cardwell
The Hardie Group
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
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
Blackajack Real Estate Llp -- Grzegorski Eric D
Ebert Rental Properties Llc $448,875 Klatch Louis
Ebert Rental Properties Llc -- Klatch Louis
Properties $155,000 Moore Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackajack Real Estate Llp $432,000
Previous Owner Ebert Rental Properties Llc $337,500
Previous Owner Ebert Rental Properties Llc $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $308,000 0.0% $283 / Sq Ft
06/20/2017 06/20/17 For Sale $308,000 +98.7% $283 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
03/27/2013 03/27/13 Sold $155,000 0.0% $71 / Sq Ft
03/27/2013 03/27/13 For Sale $155,000 -- $71 / 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 $6,772 $398,500 $47,000 $351,500
2022 $5,988 $299,400 $41,400 $258,000
2021 $3,992 $199,600 $41,400 $158,200
2020 $4,002 $200,100 $41,400 $158,700
2019 $3,854 $192,700 $39,500 $153,200
2018 $3,826 $189,900 $39,500 $150,400
2017 $3,998 $198,500 $39,500 $159,000
2016 $4,106 $203,900 $33,600 $170,300
2014 $4,124 $206,200 $41,600 $164,600
2013 $4,068 $292,500 $41,600 $250,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201728339

Indiana Regional MLS

APN: 34-03-24-402-029.000-002