Seller's Agent in 2024
Stephanie Helton
Rogers Auction & Real Estate
(574) 727-5606
141 Total Sales
400 W Elm St Kokomo, IN 46901
Estimated Value: $159,000 - $220,000
6
Beds
2
Baths
4,664
Sq Ft
$40/Sq Ft
Est. Value
Highlights
- Corner Lot
- Walk-In Closet
- Multiple cooling system units
- Eat-In Kitchen
- Laundry in Utility Room
- 4-minute walk to Al Berryman Memorial Park
About This Home
As of April 2024Great investment property with 2 of the 3 units rented out. Unit 1 downstairs, you will find a 2 bedroom with 1 bathroom fully remodeled apartment with new appliances, new multi-unit for heating and air as well as a laundry room. Unit 2 on the main level offers an empty space that you can use your imagination to finish it into an apartment, office space, retail space or keep it as storage. Unit 3 upstairs offers a remodeled 4-bedroom, 1 bathroom with an additional room that could be used as an office, playroom or sitting area. You will find your own laundry room, large living, large dining room and no neighbors upstairs. There is all new electrical throughout the building and automatic income from the 2 units that are rented. You won't want to miss out on this opportunity to own your very own Triplex in a good area that is close to the downtown shopping & eating.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,320
Year Built
- Built in 1915
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 44x90
- Corner Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Rolled or Hot Mop Roof
- Rubber Roof
Interior Spaces
- 2-Story Property
- Laminate Flooring
- Eat-In Kitchen
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer Hookup
Location
- Suburban Location
Schools
- Petit Park Elementary School
- Central Middle School
- Kokomo High School
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Multiple Heating Units
- Forced Air Heating System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electric
- The owner pays for water
- Assessor Parcel Number 34-03-25-404-022.000-002
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,800
- Water Sewer Expense $1,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2023
Closed on
Apr 11, 2024
Sold by
Richardson Nicholas and Richardson Latia
Bought by
King Home Capital Llc
Seller's Agent
Stephanie Helton
Rogers Auction & Real Estate
Buyer's Agent
Michelle Allen
Envision Real Estate Team - Logansport
List Price
$199,900
Sold Price
$177,500
Premium/Discount to List
-$22,400
-11.21%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,095
Avg. Annual Appreciation
4.31%
Original Mortgage
$227,600
Outstanding Balance
$224,651
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$36,665
Purchase Details
Closed on
Jan 31, 2024
Sold by
Richardson Nicholas and Richardson Latia
Bought by
King Home Capital Llc
Purchase Details
Listed on
Oct 27, 2022
Closed on
Jan 5, 2023
Sold by
Trujillo Robles Karen Faviola
Bought by
Richardson Nicholas and Richardson Latia
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Stephanie Helton
Rogers Auction & Real Estate
List Price
$79,900
Sold Price
$79,900
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.28%
Original Mortgage
$45,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
May 18, 2021
Closed on
Dec 7, 2021
Sold by
Poonam Singh
Bought by
Robles Karen Faviola Truj and Serrano Reyes Gutierrez
Seller's Agent
Justin Dj Pugh
The Wyman Group
Buyer's Agent
Sarah Floyd
RE/MAX Complete
List Price
$90,000
Sold Price
$53,000
Premium/Discount to List
-$37,000
-41.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.76%
Purchase Details
Closed on
Feb 15, 2021
Sold by
Miller Wayne J and Miller Marie
Bought by
Singh Poonam
Purchase Details
Closed on
Apr 1, 2015
Sold by
Wayne J Miller
Bought by
Poonam Singh
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Home Capital Llc | $180,000 | None Listed On Document | |
| King Home Capital Llc | $180,000 | None Listed On Document | |
| Richardson Nicholas | -- | -- | |
| Robles Karen Faviola Truj | $53,000 | Nelson & Frankenberger | |
| Robles Karen Faviola Truj | $53,000 | None Listed On Document | |
| Singh Poonam | -- | None Listed On Document | |
| Poonam Singh | $25,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Home Capital Llc | $227,600 | |
| Previous Owner | Richardson Nicholas | $45,000 | |
| Previous Owner | Richardson Nicholas | $59,925 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $177,500 | -11.2% | $38 / Sq Ft |
| 11/05/2023 11/05/23 | Pending | -- | -- | -- |
| 10/22/2023 10/22/23 | For Sale | $199,900 | +150.2% | $43 / Sq Ft |
| 12/30/2022 12/30/22 | Sold | $79,900 | 0.0% | $17 / Sq Ft |
| 11/18/2022 11/18/22 | For Sale | $79,900 | 0.0% | $17 / Sq Ft |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- |
| 10/27/2022 10/27/22 | For Sale | $79,900 | +50.8% | $17 / Sq Ft |
| 12/13/2021 12/13/21 | Sold | $53,000 | -41.1% | $11 / Sq Ft |
| 12/13/2021 12/13/21 | For Sale | $90,000 | +69.8% | $19 / Sq Ft |
| 12/03/2021 12/03/21 | Sold | $53,000 | 0.0% | $11 / Sq Ft |
| 11/18/2021 11/18/21 | Off Market | $53,000 | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $53,000 | -41.1% | $11 / Sq Ft |
| 09/22/2021 09/22/21 | Price Changed | $90,000 | -5.3% | $19 / Sq Ft |
| 06/25/2021 06/25/21 | Price Changed | $95,000 | -5.0% | $20 / Sq Ft |
| 05/18/2021 05/18/21 | For Sale | $100,000 | -- | $21 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,953 | $90,400 | $9,400 | $81,000 |
| 2023 | $1,953 | $82,000 | $10,800 | $71,200 |
| 2022 | $1,425 | $57,000 | $10,800 | $46,200 |
| 2021 | $1,351 | $53,900 | $10,800 | $43,100 |
| 2020 | $1,234 | $49,000 | $10,800 | $38,200 |
| 2019 | $1,289 | $51,300 | $10,800 | $40,500 |
| 2018 | $1,173 | $46,400 | $10,800 | $35,600 |
| 2017 | $1,177 | $46,600 | $10,800 | $35,800 |
| 2016 | $1,345 | $50,200 | $10,800 | $39,400 |
| 2014 | $1,303 | $48,600 | $10,800 | $37,800 |
| 2013 | $1,344 | $50,200 | $10,800 | $39,400 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Helton
-
Michelle Allen
Buyer's Agent in 2024
Michelle Allen
Envision Real Estate Team - Logansport
(574) 398-7548
8 Total Sales
-
Gina Key
Seller's Agent in 2022
Gina Key
The Hardie Group
(765) 210-9275
1,000 Total Sales
-
Non-BLC Member
N
Seller's Agent in 2021
Non-BLC Member
MIBOR REALTOR® Association
-
Justin Dj Pugh
Seller's Agent in 2021
Justin Dj Pugh
The Wyman Group
(765) 438-7310
188 Total Sales
-
S
Buyer's Agent in 2021
Sarah Floyd
RE/MAX
Map
Source: Indiana Regional MLS
MLS Number: 202338856
APN: 34-03-25-404-022.000-002
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