$54,000
SOLD APR 4, 2018
4 Beds
4 Baths
4,420 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

14% Below List Price

85 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • Carpet
  • Level Lot

About This Home

As of July 2022

Very conveniently located near all the downtown amenities. Don't let this investment property pass you by. All units have new carpet and vinyl flooring. Units rent for $600 monthly with 1 year lease.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 66 x87
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, water
  • The owner pays for sewer
  • Assessor Parcel Number 34-03-36-230-018.000-002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Levin Birts (Eastern) Addn Lot 5 exc 45.31' W ED
  • Parcel Number ID: 34-03-36-230-018.000-002
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 85.71
  • Special Features: None

Interior Features

  • Total Sq Ft: 4988
  • Total Finished Sq Ft: 4420
  • Above Grade Finished Sq Ft: 4420
  • Below Grade Sq Ft: 568
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 568

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Gas Meters: 4

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x87
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

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

Tax Info

  • Annual Property Tax: 3707.24

Multi Family

  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Jul 11, 2022
Sold by
Coco Estates Llc
Bought by
Green Christopher L
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Holly Stone
The Hardie Group
List Price
$6,900
Sold Price
$3,900
Premium/Discount to List
-$3,000
-43.48%
Current Estimated Value
$77,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,774
Avg. Annual Appreciation
151.76%

Purchase Details

Closed on
Feb 2, 2021
Sold by
David Aldrete
Bought by
Coco Estates Llc

Purchase Details

Closed on
Feb 1, 2021
Sold by
Aldrete David
Bought by
Coco Estates Llc

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 29, 2018
Sold by
Kokomo Properties Llc
Bought by
Aldrete David
List Price
$63,000
Sold Price
$54,000
Premium/Discount to List
-$9,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$118,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Laura Childers
Bought by
Home President

Purchase Details

Closed on
Mar 1, 2012
Sold by
Laura Childers
Bought by
Raymond Bitner and Nicole Bitner
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 -- Klatch Louis
Quit Claim Deed -- White Thomas
Quit Claim Deed -- White Thomas
Quit Claim Deed -- None Listed On Document
Deed $54,000 --
Warranty Deed $54,000 Drake Andrew R
Deed $30,000 Metropolitan Title
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $3,900 -20.4% $1 / Sq Ft
05/12/2022 05/12/22 Price Changed $4,900 -29.0% $1 / Sq Ft
03/28/2022 03/28/22 For Sale $6,900 -87.2% $1 / Sq Ft
04/04/2018 04/04/18 Sold $54,000 -14.3% $12 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
11/09/2017 11/09/17 For Sale $63,000 -- $14 / 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 $246 $12,700 $12,700 --
2023 $369 $12,300 $12,300 --
2022 $369 $12,300 $12,300 --
2021 $369 $12,300 $12,300 $0
2020 $369 $12,300 $12,300 $0
2019 $399 $13,300 $13,300 $0
2018 $1,666 $83,300 $15,600 $67,700
2017 $1,652 $82,600 $15,600 $67,000
2016 $1,124 $56,200 $15,600 $40,600
2014 $680 $34,000 $15,100 $18,900
2013 $508 $33,900 $15,100 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201751105

Indiana Regional MLS

APN: 34-03-36-230-018.000-002