NOT LISTED FOR SALE

265 S 200 E Kokomo, IN 46902

48 Beds
41 Baths
17,164 Sq Ft
6.16 Acres

Last Sold November 18, 2022

Last sale price $1,500,000 $87 Per Sq Ft

4 Days on Market

Highlights

  • Open Floorplan
  • Porch
  • Community Playground
  • Backs to Open Ground
  • Patio
  • Water Softener is Owned

About This Home

As of November 2022

What an amazing investment opportunity! Dixon Woods Community is comprised of 24 units within 7 buildings sitting on just over 6 acres. This property consists of four (4) 3 bedroom, 2 bath units, twelve (12) 2 bedroom, 2 bath units, four (4) 2 bedroom, 1 bath units and four (4) efficiency apartments. The property has had several recent updates and upgrades inside & out since 2020. One unit has been converted into a leasing office but can easily be switched back to an efficiency apartment. All units are spacious and most have in-unit laundry hook-up. This community is located on the outskirts of Kokomo with peaceful views of the well maintained ground and wooded area.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 06/20/2022

Co-Listed By

Nicole Brittain

The Hardie Group

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1981

Lot Details

  • 6.16 Acre Lot
  • Backs to Open Ground
  • Irregular Lot
  • Lot Has A Rolling Slope

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 48 Bedrooms

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 30 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Suburban Location

Schools

  • Western Primary Elementary School
  • Western Middle School
  • Western High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water, water softener
  • Assessor Parcel Number 34-09-14-304-001.000-006

Community Details

Overview

  • 7 Buildings
  • 24 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $7,305
  • Fuel Expense $840
  • Insurance Expense $9,091
  • Maintenance Expense $1,200
  • Trash Expense $3,300
  • Water Sewer Expense $1,380

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,000

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1981
  • Style: Two Story
  • Bedrooms: 48
  • Total Bathrooms: 41
  • Total Full Bathrooms: 32
  • Total Number of Half Bathrooms: 9
  • Legal Description: PT W SD SW4 14-23-3 4.84 AC and Martin Minor S/D Sec Lot 5 1.32 AC
  • Parcel Number ID: 34-09-14-304-001.000-006
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Ready, Countertops-Laminate, Deck Open, Open Floor Plan, Patio Open, Porch Open, Water Heater Electric, Water Softener-Owned, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Parcel Id2: 34-09-14-302-007.000-006
  • Special Features: None

Interior Features

  • Total Sq Ft: 19569
  • Total Finished Sq Ft: 17164
  • Above Grade Finished Sq Ft: 17164
  • Below Grade Sq Ft: 2405
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 2405
  • Number Of Disposals: 10
  • Number Of Ranges Ovens: 21

Exterior Features

  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 30
  • Parking: Paved, Private

Utilities

  • Cooling: Wall AC, Window, Heat Pump
  • Heating Fuel: Baseboard, Heat Pump
  • Sewer: Private
  • Water Utilities: Private, Well
  • Electric Company: Duke Energy Indiana
  • Annual Electric: 7305
  • Annual Fuel Expense: 840
  • Annual Insurance Expense: 9091
  • Annual Maintenance Expense: 1200
  • Annual Trash Expense: 3300
  • Annual Water Sewer Expense: 1380
  • Number Of W D Hookups: 21

Condo/Co-op/Association

  • Common Amenities: Playground

Schools

  • Elementary School: Western Primary

Lot Info

  • Lot Description: Irregular, Rolling, 6-9.999
  • Lot Dimensions: 6.16 AC
  • Estimated Lot Sq Ft: 268330
  • Estimated Lot Size Acres: 6.16

Rental Info

  • Lease Term: Month to Month, 6 Months, 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water, Water Softener
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 16000

Multi Family

  • Number Of Dishwashers: 21
  • Number Of Dryers: 3
  • Number Of Refrigerators: 21
  • Number Of Units: 24
  • Number Of Washers: 3
  • Num Of2 Bedrooms: 16
  • Num Of Efficiencies: 4

MLS Schools

  • High School: Western High School
  • Middle School: Western Middle School
  • School District: Western School Corp.
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Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $1,500,000 -6.3% $87 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,600,000 -- $93 / Sq Ft
Source: Indiana Regional MLS

Agents Affiliated with this Home

  • Gina Key

    Seller's Agent in 2022

    Gina Key

    The Hardie Group

    (765) 210-9275

    988 Total Sales

    Gina Key
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Nicole Brittain

    The Hardie Group

    (765) 461-1190

    3 Total Sales

    Nicole Brittain
    Section Image

  • A

    Buyer's Agent in 2022

    Audra Cannon

    CRM Properties, Inc

    (765) 431-9111

    242 Total Sales

    Audra Cannon
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202224807

Indiana Regional MLS
Indiana Howard County Kokomo 46902

265 S 200 E, Kokomo, IN

Not Listed for Sale

MultiFamily

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