$165,000
SOLD DEC 20, 2018

408 W Mulberry St Kokomo, IN 46901

Old Silk Stocking Neighborhood
9 Beds
5 Baths
2,600 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Built-in Bookshelves
  • Backs to Open Ground
  • Eat-In Kitchen
  • Crown Molding

About This Home

As of May 2020

One party- sold & closed.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1914

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80 x 66
  • Backs to Open Ground
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for lawn maintenance, sewer, water
  • Assessor Parcel Number 34-03-36-209-011.000-002

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $3,000
  • Maintenance Expense $2,500
  • Water Sewer Expense $300

Additional Features

  • 5 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,152

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1914
  • Style: Three Story
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: WESTERN ADDN BY MILLS & JONES ET AL LOT 16
  • Parcel Number ID: 34-03-36-209-011.000-002
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Built-In Bookcase, Cable Available, Ceiling-9+, Countertops-Laminate, Crown Molding, Deck Open, Detector-Smoke, Eat-In Kitchen, Kitchen Island, Open Floor Plan, Water Heater Gas
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 2800
  • Special Features: None

Interior Features

  • Total Sq Ft: 4696
  • Total Finished Sq Ft: 2600
  • Above Grade Finished Sq Ft: 2600
  • Below Grade Sq Ft: 2096
  • Price Per Sq Ft: 63.46
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 2096
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Brick, Wood
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3000
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 300
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80 x 66
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 2800
  • Number Of Dryers: 2
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 3152

Similar Home in Kokomo, IN

  • 714 N Union St, Kokomo, IN 46901

    $215,000

    • 6 Beds
    • 2 Baths
    • 714 N Union St
    • Kokomo, IN

    Welcome to this charming duplex in the heart of downtown Kokomo. Starting on the exterior each unit had 2 entrances, new cement pads poured in 2022, common area fire pit in the backyard installed in 2022, and new stairs installed to upper unit. Starting in the lower level unit walking through the front door there is a spacious living room, 3 bedrooms, and 1 full bathroom. New carpet throughout

    Sarah Schaefer White Stag Realty, LLC

    Section Image
See All Homes in Kokomo

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $155,000 -20.5% $33 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $195,000 +18.2% $41 / Sq Ft
12/20/2018 12/20/18 Sold $165,000 0.0% $63 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $165,000 -- $63 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Mullinax

    CRM Properties, Inc

    (765) 860-8010

    7 Total Sales

    Chris Mullinax
    Section Image
  • Michael Mygrant

    Buyer's Agent in 2020

    Michael Mygrant

    Mygrant Realty & Appraisals

    (765) 461-7608

    9 in this area

    146 Total Sales

    Michael Mygrant
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201854459

Indiana Regional MLS
Indiana Howard County Kokomo 46901 Old Silk Stocking

408 W Mulberry St, Kokomo, IN

This home is located at 408 W Mulberry St, Kokomo, IN 46901 and is currently priced at $165,000, approximately $63 per square foot. This property was built in 1914. 408 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.

Nearby Homes