NOT LISTED FOR SALE

409 W Mulberry St Kokomo, IN 46901

Old Silk Stocking Neighborhood

Estimated Value: $86,000 - $174,000

3 Beds
3 Baths
2,370 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $110,000 $46 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,012/month

57 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2023

Nice triplex with great income. Two of the units are currently rented. This unit also includes a garage.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 11/28/2022

Last Buyer's Agent

Marlon Wright

Heartland Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1888

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Natural lighting in basement
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electric, heating, sewer, water
  • Assessor Parcel Number 34-03-36-213-005.000-002

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,209
  • Fuel Expense $1,585
  • Insurance Expense $1,428
  • Maintenance Expense $3,196
  • Water Sewer Expense $422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1888
  • Age: 135
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Western Addn By Mills & Jones et al Lot 25
  • Parcel Number ID: 34-03-36-213-005.000-002
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Detector-Smoke
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1300
  • Monthly Gross Income: 2065
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3154
  • Total Finished Sq Ft: 2370
  • Above Grade Finished Sq Ft: 2370
  • Below Grade Sq Ft: 784
  • Price Per Sq Ft: 46.41
  • Basement: Yes
  • Basement Foundation: Daylight
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 784
  • Number Of Ranges Ovens: 3

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2209
  • Annual Fuel Expense: 1585
  • Annual Insurance Expense: 1428
  • Annual Maintenance Expense: 3196
  • Annual Water Sewer Expense: 422

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: Level
  • Lot Dimensions: 66 x 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 2065
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1915

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
Nov 28, 2022
Closed on
Mar 2, 2023
Sold by
Kaneshiro Sheri
Bought by
Morris Jacob
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Marlon Wright
Heartland Real Estate Brokers
List Price
$110,000
Sold Price
$110,000
Views
85
Current Estimated Value
$151,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,921
Avg. Annual Appreciation
9.52%
Original Mortgage
$82,500
Outstanding Balance
$80,377
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$56,936

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 14, 2022
Sold by
Schaal Land Company Llc
Bought by
Kaneshiro Sheri and Kaneshiro Shawna
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Gina Key
The Hardie Group
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%

Purchase Details

Listed on
Apr 30, 2015
Closed on
Nov 4, 2016
Sold by
Oyler Dawn M
Bought by
Schaal Llc
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Gina Key
The Hardie Group
List Price
$65,000
Sold Price
$58,500
Premium/Discount to List
-$6,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Morris Jacob $110,000 --
Kaneshiro Sheri $90,000 Maugans J Conrad
Schaal Llc $58,500 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jacob $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $110,000 0.0% $46 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $110,000 0.0% $46 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $110,000 +22.2% $46 / Sq Ft
03/09/2022 03/09/22 Sold $90,000 0.0% $38 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $90,000 +53.8% $38 / Sq Ft
11/04/2016 11/04/16 Sold $58,500 -10.0% $25 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
04/30/2015 04/30/15 For Sale $65,000 -- $27 / 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 $2,159 $121,900 $28,100 $93,800
2022 $2,159 $107,900 $24,800 $83,100
2021 $1,915 $95,700 $24,800 $70,900
2020 $1,811 $90,500 $24,800 $65,700
2019 $1,711 $85,500 $19,800 $65,700
2018 $1,649 $82,400 $19,800 $62,600
2017 $1,637 $81,800 $19,800 $62,000
2016 $1,547 $77,300 $19,800 $57,500
2014 $1,343 $67,100 $17,800 $49,300
2013 $1,302 $63,100 $17,800 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Gina Key

    Seller's Agent in 2023

    Gina Key

    The Hardie Group

    (765) 210-9275

    20 in this area

    1,004 Total Sales

    Section Image
  • Marlon Wright

    Buyer's Agent in 2023

    Marlon Wright

    Heartland Real Estate Brokers

    (765) 461-2564

    2 in this area

    60 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202248141

Indiana Regional MLS

APN: 34-03-36-213-005.000-002

Indiana Howard County Kokomo 46901 Old Silk Stocking

409 W Mulberry St, Kokomo, IN

This home is located at 409 W Mulberry St, Kokomo, IN 46901 since 28 November 2022 and is currently estimated at $133,041, approximately $56 per square foot. This property was built in 1888. 409 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