NOT LISTED FOR SALE

319 W Markland Ave Kokomo, IN 46901

Estimated Value: $122,000 - $175,000

4 Beds
2 Baths
2,012 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $67,000 $33 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $904/month

23 Days on Market

Highlights

  • Fenced Yard
  • Eat-In Kitchen
  • Forced Air Heating System
  • Porch
  • Tile Flooring
  • Level Lot

About This Home

As of June 2019

Great investment opportunity! This home offers 2 units, nice wrap-around front porch, and privacy fenced yard. The main level unit has 2 bedrooms with a jack-n-jill bath and rents for $600/mo. The upper has 1 bedroom, 1 bath and rents for $525/mo. Each unit has 2 parking spaces.

Last Agent to Sell the Property

Paul Wyman

The Wyman Group Listed on: 05/20/2019

Last Buyer's Agent

Michele Burke

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 1904

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced Yard
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Parking Lot

Schools

  • Elwood Haynes Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, fuel, heating, sewer, tax, water
  • Assessor Parcel Number 34-09-01-202-002.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $90
  • Fuel Expense $70

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,133

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1904
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M M MARKLAND 2ND LOT 65 EX 50 FT ENT S END
  • Parcel Number ID: 34-09-01-202-002.000-002
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Cable Available, Countertops-Laminate, Eat-In Kitchen, Porch Open, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.45
  • Monthly Gross Income: 1125
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2532
  • Total Finished Sq Ft: 2012
  • Above Grade Finished Sq Ft: 2012
  • Below Grade Sq Ft: 520
  • Price Per Sq Ft: 33.3
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Tile, Vinyl
  • Total Below Grade Sq Ft: 520
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Partial, Privacy, Wood
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Lot, Paved, Private

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 90
  • Annual Fuel Expense: 70
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50X100
  • Estimated Lot Sq Ft: 5053
  • Estimated Lot Size Acres: 0.116

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Electric, Fuel, Heating, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 1125
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1133

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 21, 2019
Sold by
Schuck Jonathan D
Bought by
Fowler Brian and Fowler Julie
Seller's Agent
Paul Wyman
The Wyman Group
Buyer's Agent
Michele Burke
RE/MAX Realty One
List Price
$74,900
Sold Price
$67,000
Premium/Discount to List
-$7,900
-10.55%
Current Estimated Value
$143,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,782
Avg. Annual Appreciation
12.91%

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 20, 2019
Sold by
Schuck Jonathan D
Bought by
Fowler Brian and Fowler Julie
Seller's Agent
Paul Wyman
The Wyman Group
Buyer's Agent
Michele Burke
RE/MAX Realty One
List Price
$74,900
Sold Price
$67,000
Premium/Discount to List
-$7,900
-10.55%
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
Fowler Brian -- Grzegorski Eric D
Fowler Brian -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $67,000 -10.5% $33 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $74,900 -- $37 / 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 $1,700 $92,900 $16,200 $76,700
2022 $1,568 $78,400 $14,000 $64,400
2021 $1,218 $60,900 $14,000 $46,900
2020 $1,218 $60,900 $14,000 $46,900
2019 $1,162 $58,100 $13,400 $44,700
2018 $1,133 $56,400 $13,400 $43,000
2017 $1,123 $55,900 $13,400 $42,500
2016 $1,079 $53,700 $13,400 $40,300
2014 $1,138 $56,900 $13,400 $43,500
2013 $1,116 $55,800 $13,400 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201920035

Indiana Regional MLS

APN: 34-09-01-202-002.000-002