NOT LISTED FOR SALE

402 E Mulberry St Kokomo, IN 46901

Estimated Value: $70,000 - $120,943

3 Beds
1.5 Baths
2,152 Sq Ft
$39/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $66,000 $31 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $483/month

49 Days on Market

Highlights

  • 1 Car Detached Garage
  • Hot Water Heating System
  • Level Lot

About This Home

As of April 2024

Great opportunity located within the heart of historical downtown Kokomo, this home offers potential you don't want to miss! 2 story home with 3 bedrooms, 1.5 baths, natural woodwork, open stairway, basement and 1 car detached garage that appears to have been used as a small apartment at one time. Upon entering the front door, you'll walk into the large family room that opens to the formal dining room and kitchen and half bath. Upstairs you'll find a full bathroom and 3 bedrooms.

Last Agent to Sell the Property

Matthew Brown

Tom Hayes Realty Brokerage Phone: 765-210-2959 Listed on: 02/29/2024

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 1870

Lot Details

  • 9,757 Sq Ft Lot
  • Lot Dimensions are 66x148
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Sycamore Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-238-004.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1870
  • Age: 154
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: OUT LOT 94 W2 66X132 & W2 OUT LOT 183 ADJ N SD
  • Parcel Number ID: 34-03-36-238-004.000-002
  • Platted: Yes
  • Sp Lp Percent: 101.54
  • Year Taxes Payable: 2024
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Total Sq Ft: 2844
  • Total Finished Sq Ft: 2152
  • Above Grade Finished Sq Ft: 2152
  • Below Grade Sq Ft: 692
  • Price Per Sq Ft: 30.67
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 7x11, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 692

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 32x14
  • Garage Sq Ft: 448
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X148
  • Estimated Lot Sq Ft: 9757
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Annual Taxes: 100
  • Total Assessed Value: 70400
  • Exemptions: Homestead, Over 65

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
Feb 29, 2024
Closed on
May 8, 2024
Sold by
Carrington Mortgage Services Llc Attorne
Bought by
Sandi Group Llc
Seller's Agent
Matthew Brown
Tom Hayes Realty
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$65,000
Sold Price
$66,000
Premium/Discount to List
$1,000
1.54%
Total Days on Market
49
Views
186
Current Estimated Value
$84,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,236
Avg. Annual Appreciation
24.10%

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 14, 2024
Sold by
Sheriff Of Howard County Indiana
Bought by
Carrington Mtg Services Llc and Favors
Seller's Agent
Matthew Brown
Tom Hayes Realty
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$65,000
Sold Price
$66,000
Premium/Discount to List
$1,000
1.54%
Views
186
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 Buyer Sale Price Title Company
Sandi Group Llc $66,000 --
Carrington Mtg Services Llc $92,622 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favors Russell $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $66,000 +1.5% $31 / Sq Ft
02/29/2024 02/29/24 For Sale $65,000 -- $30 / 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 $130 $83,700 $9,700 $74,000
2022 -- $66,700 $7,700 $59,000
2021 -- $53,300 $7,700 $45,600
2020 $0 $53,400 $7,700 $45,700
2019 $51 $50,900 $6,900 $44,000
2018 $51 $49,100 $6,900 $42,200
2017 $45 $52,600 $6,900 $45,700
2016 $48 $51,900 $6,900 $45,000
2014 $48 $56,400 $7,300 $49,100
2013 $5 $55,400 $7,300 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202406728

Indiana Regional MLS

APN: 34-03-36-238-004.000-002