$114,285
SOLD OCT 10, 2024

400 W Mulberry St Kokomo, IN 46901

Old Silk Stocking Neighborhood
8 Beds
2 Baths
2,837 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

18% Below List Price

63 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating System
  • Wood Siding
  • Corner Lot

About This Home

As of October 2024

Charming Fully Occupied Duplex in Downtown Kokomo, Indiana Discover an excellent investment opportunity in the heart of Kokomo's Old Silk Stocking District! This fully occupied duplex offers a prime location with easy access to all the amenities downtown has to offer. Unit #1 features two bedrooms, one full bath, an eat-in kitchen, and a utility room with laundry connections. Unit #2 boasts two bedrooms, one full bath. This property has a total of 2,837 square feet, complete with a newer furnace and hot water heater. Currently, the owner covers electric, gas, water, and sewer expenses, providing a seamless experience for tenants. The property's ideal location means residents are just a short walk from downtown shops, restaurants, and the city square. It's only one block from the farmer's market at Mulberry and Armstrong Streets, less than 2 miles from IU Kokomo Campus, and mere minutes from Kokomo Beach. Foster Park, known for its summer concerts, skate park, and walking trails, is just a few blocks away. Don't miss out on this unique opportunity to invest in a thriving and growing community.

Last Agent to Sell the Property

Reggie Jackson

Real Broker LLC Listed on: 07/07/2024

Last Buyer's Agent

Real Estate with Mr. Spencer

Nves Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1897

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 66x91
  • Corner Lot

Home Design

  • A-Frame Home
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

  • Block Basement Construction
  • 4 Bedrooms in Basement

Schools

  • Lafayette Park Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Western Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-209-013.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1897
  • Age: 127
  • Style: Detached
  • Architectural Style: A-Frame
  • Total Number of Rooms: 8
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Western Addn By Mills & Jones Et Al Lot 15 Exc 41' N End
  • Parcel Number ID: 34-03-36-209-013.000-002
  • Platted: Yes
  • Number Below Grade Bedrooms: 4
  • Sp Lp Percent: 87.91
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 4266
  • Total Finished Sq Ft: 2837
  • Above Grade Finished Sq Ft: 2837
  • Below Grade Sq Ft: 1429
  • Price Per Sq Ft: 40.28
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 20x15, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Bedroom 5: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1429
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1429

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x91
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 15

Tax Info

  • Annual Taxes: 2048

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2024
Closed on
Oct 10, 2024
Sold by
Salwan Miriam and First Trevor & Miriam
Bought by
Teigrob Paul and Teigrob Jennifer
Seller's Agent
Reggie Jackson
Real Broker LLC
Buyer's Agent
Real Estate with Mr. Spencer
Nves Realty
List Price
$140,000
Sold Price
$114,285
Premium/Discount to List
-$25,715
-18.37%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%
Original Mortgage
$85,713
Outstanding Balance
$85,063
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$44,127

Purchase Details

Closed on
Dec 9, 2021
Sold by
Jason Palagi
Bought by
First Trevor Lee and Salwan Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2021
Sold by
Five Brothers Rentals Inc
Bought by
Palagi Jason

Purchase Details

Closed on
Jun 11, 2019
Sold by
Unknown
Bought by
Five Brothers Rentals Inc

Purchase Details

Listed on
Jul 1, 2012
Closed on
Oct 19, 2012
Sold by
Fannie Mae
Bought by
Brad Kay
Seller's Agent
FORMER AGENT
The Hardie Group
List Price
$41,900
Sold Price
$25,000
Premium/Discount to List
-$16,900
-40.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2012
Sold by
Steve Rodgers
Bought by
Bac Home Loan Servicing Lp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $114,285 Chicago Title
Warranty Deed $100,000 Jaquinde William
Warranty Deed -- Maugans J Conrad
Warranty Deed -- Maugans J Conrad
Deed $25,000 Meridian Title Corp
Deed $62,000 Unterbeg & Associates P.C.
Deed $62,000 Unterberg & Associates P.C.
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,713 New Conventional
Previous Owner $71,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $150,000 +31.3% $53 / Sq Ft
10/10/2024 10/10/24 Sold $114,285 -12.1% $40 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $130,000 -3.7% $46 / Sq Ft
07/22/2024 07/22/24 Price Changed $135,000 -3.6% $48 / Sq Ft
07/07/2024 07/07/24 For Sale $140,000 +460.0% $49 / Sq Ft
10/24/2012 10/24/12 Sold $25,000 -40.3% $9 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
07/01/2012 07/01/12 For Sale $41,900 -- $15 / 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 $2,048 $116,400 $23,800 $92,600
2023 $2,048 $102,400 $21,100 $81,300
2022 $2,090 $104,500 $21,100 $83,400
2021 $1,836 $91,800 $21,100 $70,700
2020 $1,726 $86,300 $21,100 $65,200
2019 $1,640 $82,000 $16,800 $65,200
2018 $3,771 $79,200 $16,800 $62,400
2017 $3,420 $78,200 $16,800 $61,400
2016 $1,470 $73,400 $16,800 $56,600
2014 $1,273 $63,400 $15,200 $48,200
2013 $1,258 $62,600 $15,200 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Shane Childers

    Seller's Agent in 2025

    Shane Childers

    Keller Williams Lafayette

    (765) 413-6046

    52 Total Sales

    Shane Childers
    Section Image

  • R

    Seller's Agent in 2024

    Reggie Jackson

    Real Broker LLC

    (317) 656-1581

    1 in this area

    1 Total Sale

    Reggie Jackson
    Section Image

  • F

    Seller's Agent in 2012

    FORMER AGENT

    The Hardie Group

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202425318

Indiana Regional MLS

APN: 34-03-36-209-013.000-002

Indiana Howard County Kokomo 46901 Old Silk Stocking

400 W Mulberry St, Kokomo, IN

This home is located at 400 W Mulberry St, Kokomo, IN 46901 and is currently priced at $114,285, approximately $40 per square foot. This property was built in 1897. 400 W Mulberry St is a home located in Howard County with nearby schools including Lafayette Park Elementary School, Central Middle School, and Kokomo High School.

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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