NOT LISTED FOR SALE

2930 Albright Rd Kokomo, IN 46902

17 Beds
15 Baths
9,130 Sq Ft
1.47 Acres

Last Sold November 02, 2023

Last sale price $874,250 $96 Per Sq Ft

36 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Vinyl Flooring

About This Home

As of November 2023

?? Modern Apartments for Rent on the Southside of Kokomo

Welcome to your new home at our beautifully remodeled apartment building! Nestled on the southside of Kokomo, this property offers a blend of convenience, comfort, and contemporary living. With 13 one-bedroom units and 2 spacious two-bedroom units, there's a perfect home for everyone.

Features:

? Remodeled Units Available Now! Enjoy the freshness of brand-new interiors featuring stainless steel appliances, modern cabinets, stylish flooring, and elegant trim work.
?? Shared Laundry Room: Say goodbye to the hassle of finding a laundromat! Our property provides a convenient shared laundry room with two sets of coin-operated laundry machines.
?? Ample Parking: Rest easy knowing that your car has a secure spot in our large parking lot. No more searching for parking spaces after a long day!
?? Convenient Location: Situated on the southside of Kokomo, our apartments offer easy access to local amenities, shopping, dining, and entertainment.
Affordable Luxury:

?? Rent from $599 to $699: Experience modern living without breaking the bank. Our competitively priced units make luxury affordable for all.
?? Immediate Occupancy: Move in right away and start enjoying the comfort and style of your new home.
Upcoming Improvements:
The excitement doesn't stop here! New owners have taken the reins and are committed to further enhancing your living experience. Throughout 2024, expect ongoing updates and improvements to make this property an even better place to call home.

Don't miss out on the opportunity to be part of this revitalized community. Contact us now to schedule a tour and secure your remodeled apartment in Kokomo!

Last Agent to Sell the Property

Micheal Plummer

Mygrant Realty & Appraisals Brokerage Phone: 765-438-4813 Listed on: 07/10/2023

Last Buyer's Agent

Spencer Childers

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,044

Year Built

  • Built in 1983

Lot Details

  • 1.47 Acre Lot
  • Lot Dimensions are 353 x 141
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 15 Full Bathrooms

Parking

  • 20 Parking Spaces
  • Off-Street Parking

Schools

  • Elwood Haynes Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, trash collection, water
  • Assessor Parcel Number 34-10-08-351-001.000-002

Community Details

Overview

  • 3 Buildings
  • 15 Units

Building Details

  • 15 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $6,000
  • Maintenance Expense $5,970
  • Trash Expense $2,000
  • Water Sewer Expense $6,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,044

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1983
  • Age: 40
  • Style: Three Story
  • Bedrooms: 17
  • Number Above Grade Bedrooms: 17
  • Total Bathrooms: 15
  • Total Full Bathrooms: 15
  • Legal Description: ETHIC S/D LOT 1
  • Parcel Number ID: 34-10-08-351-001.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 76.02
  • Monthly Gross Income: 9950
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 9130
  • Total Finished Sq Ft: 9130
  • Above Grade Finished Sq Ft: 6890
  • Below Grade Finished Sq Ft: 2240
  • Price Per Sq Ft: 126.89
  • Basement Foundation: Slab
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 2240
  • Number Of Disposals: 15
  • Number Of Ranges Ovens: 15

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 6000
  • Annual Maintenance Expense: 5970
  • Annual Trash Expense: 2000
  • Annual Water Sewer Expense: 6000
  • Number Electric Meters: 15
  • Number Gas Meters: 2
  • Number Of W D Hookups: 15
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 353 x 141
  • Estimated Lot Sq Ft: 63946
  • Estimated Lot Size Acres: 1.468

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 9950
  • Number Of Refrigerators: 15
  • Number Of Units: 15
  • Num Of1 Bedrooms: 13
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 13044

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Off Market $695 -- --
01/14/2025 01/14/25 Price Changed $695 +16.8% $1 / Sq Ft
03/21/2024 03/21/24 Price Changed $595 -8.5% $1 / Sq Ft
01/12/2024 01/12/24 Price Changed $650 +44.8% $1 / Sq Ft
01/11/2024 01/11/24 For Rent $449 0.0% --
11/02/2023 11/02/23 Sold $874,250 +194610.5% $96 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/07/2023 08/07/23 For Rent $449 0.0% --
07/13/2023 07/13/23 For Rent $449 0.0% --
07/10/2023 07/10/23 For Sale $1,150,000 0.0% $126 / Sq Ft
06/16/2023 06/16/23 For Rent $449 0.0% --
03/31/2023 03/31/23 Price Changed $449 -35.4% $1 / Sq Ft
03/22/2023 03/22/23 For Rent $695 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202323952

Indiana Regional MLS