NOT LISTED FOR SALE

408 E Mulberry St Kokomo, IN 46901

Estimated Value: $96,000 - $167,000

4 Beds
2 Baths
1,918 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $89,000 $46 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $733/month

27 Days on Market

Highlights

  • Primary Bedroom Suite
  • Formal Dining Room
  • Woodwork
  • Wood Flooring
  • Built-in Bookshelves
  • Walk-In Closet

About This Home

As of September 2022

Located in the historical downtown Kokomo, this home offers potential you don't want to miss! Upon entering the front door, you'll walk into the large family room that is open to the formal dining room and kitchen. Passing through the dining room, you'll find a full bathroom, a bedroom, and a bonus room that could be an office or additional bedroom. Upstairs you'll find another full bathroom and 3 bedrooms with large walk in closets. Original wood work, 10ft doors, hardwood floors, crown molding, and 12ft ceilings are featured throughout this home.

Last Agent to Sell the Property

Brooke Morgan

Raeco Realty Listed on: 08/11/2022

Last Buyer's Agent

LAF NonMember

NonMember LAF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $307

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74x148
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction
  • Laminate Countertops
  • Gas And Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Schools

  • Sycamore Elementary School
  • Bon Air Middle School
  • Kokomo High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-238-005.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$307

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OL E2 66X132' OUT LOT 94 E2 ADJ N SD & O L 184 W2,
  • Parcel Number ID: 34-03-36-238-005.000-002
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-9+, Closet(s) Walk-in, Countertops-Laminate, Crown Molding, Deck Open, Dryer Hook Up Gas/Elec, Natural Woodwork, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2444
  • Total Finished Sq Ft: 1918
  • Above Grade Finished Sq Ft: 1918
  • Below Grade Sq Ft: 526
  • Price Per Sq Ft: 46.4
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Den: Dimensions: 12x8, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 15x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 526

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 15

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 74x148
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 307.17
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 21, 2022
Sold by
Barrett Kerry L
Bought by
Mcmullen Lauren
Seller's Agent
Brooke Morgan
Raeco Realty
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$118,811
Sold Price
$89,000
Premium/Discount to List
-$29,811
-25.09%
Total Days on Market
27
Views
96
Current Estimated Value
$130,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,745
Avg. Annual Appreciation
15.43%
Original Mortgage
$84,550
Outstanding Balance
$81,767
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$48,978
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
Mcmullen Lauren -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullen Lauren $32,692
Open Mcmullen Lauren $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $89,000 -11.0% $46 / Sq Ft
09/06/2022 09/06/22 Price Changed $100,000 -15.8% $52 / Sq Ft
08/11/2022 08/11/22 For Sale $118,811 -- $62 / 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 $466 $72,000 $9,300 $62,700
2022 $497 $59,100 $8,600 $50,500
2021 $312 $47,700 $8,600 $39,100
2020 $303 $48,300 $8,600 $39,700
2019 $280 $46,000 $7,800 $38,200
2018 $229 $44,000 $7,800 $36,200
2017 $261 $47,200 $7,800 $39,400
2016 $250 $47,200 $7,800 $39,400
2014 $258 $48,500 $8,100 $40,400
2013 $232 $47,400 $8,100 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202233465

Indiana Regional MLS

APN: 34-03-36-238-005.000-002