NOT LISTED FOR SALE

452 Velvet Rd Kokomo, IN 46901

Estimated Value: $33,723 - $38,000

0.71 Acre
$50,575 Price per Acre
30,928 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $31,000

Est. 16% increase in value since last sale

Current estimated payment $203/month

109 Days on Market

About This Lot

As of January 2024

Be a part of the Beautiful Sycamore Farms. Private neighborhood setting with large lots and a stocked community pond. Only 5.43 miles from Northwestern Schools & 6 miles from town.

Last Agent to Sell the Property

Laura Cardwell

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 08/25/2023

Last Buyer's Agent

Holly Stone

The Hardie Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26

Lot Details

  • 0.71 Acre Lot
  • Finished Lot(s)

Schools

  • Northwestern Elementary School
  • Northwestern Middle School
  • Northwestern High School

Utilities

  • Well
  • Septic System

Community Details

  • Sycamore Farms Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 34-02-36-428-008.000-017

Property Details

Property Type

Land

Est. Annual Taxes

$26

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: SYCAMORE FARMS LOT #6 |
  • Parcel Number ID: 34-02-36-428-008.000-017
  • Platted: Yes
  • Sp Lp Percent: 91.18
  • Zoning Description: RESID
  • Parcel Description: Level
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Utilities

  • Water Utilities: Well
  • Sewer Type: Septic

Schools

  • School District: Northwestern School Corp.
  • Elementary School: Northwestern
  • Middle School: Northwestern Middle School
  • High School: Northwestern High School
  • Elementary School: Northwestern

Lot Info

  • Lot Dimensions: .71 ACRES
  • Estimated Lot Sq Ft: 30928
  • Estimated Lot Size Acres: 0.71

Tax Info

  • Annual Taxes: 52.08

MLS Schools

  • High School: Northwestern High School
  • Middle School: Northwestern Middle School
  • School District: Northwestern School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Jan 15, 2024
Sold by
Cardwell Development Llc
Bought by
Nattermann Hamilton C and Nattermann Jungah
Seller's Agent
Laura Cardwell
The Hardie Group
Buyer's Agent
Holly Stone
The Hardie Group
List Price
$34,000
Sold Price
$31,000
Premium/Discount to List
-$3,000
-8.82%
Total Days on Market
109
Views
66
Current Estimated Value
$35,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,908
Avg. Annual Appreciation
10.39%
Original Mortgage
$48,000
Outstanding Balance
$46,518
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$10,812
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
Nattermann Hamilton C $64,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nattermann Hamilton C $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $31,000 -8.8% --
12/12/2023 12/12/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $34,000 -- --
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 $26 $1,600 $1,600 --
2023 $26 $1,400 $1,400 $0
2022 $20 $1,100 $1,100 $0
2021 $16 $900 $900 $0
2020 $569 $33,000 $33,000 $0
2019 $19 $1,100 $1,100 $0
2018 $50 $1,100 $1,100 $0
2017 $53 $1,300 $1,300 $0
2016 $55 $1,400 $1,400 $0
2014 $26 $1,500 $1,500 $0
2013 $20 $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Cardwell

    Seller's Agent in 2024

    Laura Cardwell

    The Hardie Group

    (765) 452-2500

    19 Total Sales

    Laura Cardwell
    Section Image
  • Holly Stone

    Buyer's Agent in 2024

    Holly Stone

    The Hardie Group

    (765) 776-2490

    611 Total Sales

    Holly Stone
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202330788

Indiana Regional MLS

APN: 34-02-36-428-008.000-017

Indiana Howard County Kokomo 46901

452 Velvet Rd, Kokomo, IN

This home is located at 452 Velvet Rd, Kokomo, IN 46901 since 25 August 2023 and is currently estimated at $35,908. 452 Velvet Rd is a home located in Howard County with nearby schools including Northwestern Senior 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.

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