NOT LISTED FOR SALE

3237 Terrace Dr Kokomo, IN 46902

Estimated Value: $217,000 - $249,019

3 Beds
2 Baths
2,499 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $149,800 $60 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,418/month

88 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Central Air
  • Partially Wooded Lot
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of July 2020

Country living, city convenience can be your new motto!! Just "away" from the hustle & bustle of frantic living, you will be able to enjoy this calm street, lined with well built homes & plenty of space. Enjoy it's traditional style with over 1600 sq ft, 3 bedrooms 2 full baths, stained wood trim with cream carpet & neutral wall paint, a family rm with brick gas fireplace & built in cabinetry, eat in kitchen showcasing most newer appliances & an abundance of cabinetry, some with roll out shelves, an 800+ sq ft partially finished basement & a 2 car attached garage. So, if calmness is your hope & closeness is a priority... This could be your "paradise"!!

Last Agent to Sell the Property

Diana Brockmann

The Hardie Group Listed on: 03/04/2020

Last Buyer's Agent

Melissa Rethlake

The Hardie Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $267

Year Built

  • Built in 1958

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Fireplace With Gas Starter
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Gas And Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Community Details

  • Terrace Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-10-07-356-008.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$267

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 62
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Terrace Gardens Sec 2 Lot 31
  • Parcel Number ID: 34-10-07-356-008.000-002
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Garage-Heated
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3332
  • Total Finished Sq Ft: 2499
  • Above Grade Finished Sq Ft: 1666
  • Below Grade Finished Sq Ft: 833
  • Below Grade Sq Ft: 833
  • Price Per Sq Ft: 89.92
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished, Slab
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 19x13, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 19x13, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 15x10, On Level: Main
  • Bedroom 3: Dimensions: 13x9, On Level: Main
  • Other Room1: Master Bath, Dimensions: 7x5, On Level: Main
  • Other Room 2: Hall Bath, Dimensions: 8x7, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1666

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x16
  • Garage Sq Ft: 416
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Hot Water
  • Sewer: Septic
  • Water Utilities: City

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, Partially Wooded
  • Lot Dimensions: 100 x 200
  • Estimated Lot Sq Ft: 20038
  • Estimated Lot Size Acres: 0.46

Tax Info

  • Annual Taxes: 267.32
  • Exemptions: Disabled Vet, Homestead

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
Mar 4, 2020
Closed on
Jul 31, 2020
Sold by
George Robert Wagner Revocable Living Tr
Bought by
Alva Adam J and Alva Kayla D
Seller's Agent
Diana Brockmann
The Hardie Group
Buyer's Agent
Melissa Rethlake
The Hardie Group
List Price
$159,900
Sold Price
$149,800
Premium/Discount to List
-$10,100
-6.32%
Current Estimated Value
$234,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,455
Avg. Annual Appreciation
9.22%
Original Mortgage
$142,310
Outstanding Balance
$127,866
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$106,172
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
Alva Adam J $149,800 Butcher Ball Lowry Mcmahan & M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alva Adam J $35,000
Open Alva Adam J $142,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $149,800 0.0% $60 / Sq Ft
04/27/2020 04/27/20 Price Changed $149,800 -6.3% $60 / Sq Ft
03/04/2020 03/04/20 For Sale $159,900 -- $64 / 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 $1,698 $198,400 $29,500 $168,900
2023 $1,698 $169,800 $23,500 $146,300
2022 $1,698 $169,800 $23,500 $146,300
2021 $1,352 $135,200 $23,500 $111,700
2020 $1,252 $125,200 $23,500 $101,700
2019 $262 $116,700 $20,000 $96,700
2018 $10 $102,900 $20,000 $82,900
2017 $5 $101,700 $20,000 $81,700
2016 $5 $101,700 $20,000 $81,700
2014 -- $100,400 $24,000 $76,400
2013 $825 $98,800 $24,000 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202007913

Indiana Regional MLS

APN: 34-10-07-356-008.000-002