NOT LISTED FOR SALE

308 E Jackson St Kokomo, IN 46901

Downtown Kokomo Neighborhood

Estimated Value: $49,000 - $143,000

4 Beds
2 Baths
1,176 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $25,000 $21 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $614/month

48 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Carpet
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of January 2018

Great opportunity to own this duplex and live in one side and rent the other one for added income. Each unit contains LIV. RM., DIN.RM., KITCHEN w/Laundry Area. Upstairs contains 2 bedrooms and 1 bath in each unit. Separate metered. Covered front porch and open concrete back porch. Both units are vacant for new owner to have the opportunity to select tenants and terms of leases. Conveniently located near Uptown Kokomo, within walking distance to many businesses.

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 40 x 60

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Crawl Space
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-230-006.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1889
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Levin Birts Addn Lot 12 40' E&W x 60" N&S SE Cor
  • Parcel Number ID: 34-03-36-230-006.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Porch Open, Water Heater Gas
  • Special Features: None

Interior Features

  • Total Sq Ft: 1176
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Basement Foundation: Crawl
  • Flooring: Carpet

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Hvac: Ceiling Fan
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40 x 60
  • Estimated Lot Sq Ft: 2178
  • Estimated Lot Size Acres: 0.05

Tax Info

  • Annual Property Tax: 845.62

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 17, 2018
Sold by
Estate E
Bought by
Race Llc
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$95,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,802
Avg. Annual Appreciation
18.31%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Meeks William H
Bought by
Moser Gerald E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Race Llc $24,000 --
Moser Gerald E $16,000 Butcher, Ball, Lowry & Alter
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $25,000 -16.4% $21 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $29,900 -- $25 / 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
2025 $1,350 $76,900 $9,100 $67,800
2024 $1,328 $67,500 $9,100 $58,400
2023 $1,328 $66,400 $7,300 $59,100
2022 $1,364 $68,200 $7,300 $60,900
2021 $1,162 $58,100 $7,300 $50,800
2020 $1,084 $54,200 $7,300 $46,900
2019 $1,052 $52,600 $7,900 $44,700
2018 $1,018 $50,900 $7,900 $43,000
2017 $1,012 $50,600 $7,900 $42,700
2016 $1,072 $50,600 $7,900 $42,700
2014 $922 $46,100 $7,600 $38,500
2013 $904 $45,200 $7,600 $37,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2018

    RACI NonMember

    NonMember RACI

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Map

Source: Indiana Regional MLS

MLS Number: 201749052

Indiana Regional MLS

APN: 34-03-36-230-006.000-002

Indiana Howard County Kokomo 46901 Downtown Kokomo

308 E Jackson St, Kokomo, IN

Not Listed for Sale

MultiFamily

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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