NOT LISTED FOR SALE

4938 W 50 S Kokomo, IN 46901

Estimated Value: $197,000 - $292,000

3 Beds
1.5 Baths
2,124 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $165,000 $78 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,394/month

133 Days on Market

Highlights

  • Ranch Style House
  • Partially Wooded Lot
  • 2 Car Garage
  • Western Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Motivated Seller! This 1 story ranch offers just over 2,100 sqft, 3 bedrooms, 1.5 baths, 2 car plus attached garage and 2 pole barns on just under 8.5 acres in Western school district. The land is mixed with some wooded acreage and some tillable. Seller recently installed a new furnace and central air unit.

Last Agent to Sell the Property

Jason Carter

MPR Realty, LLC Listed on: 07/16/2022

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1948

Lot Details

  • 8.46 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Western Primary Elementary School
  • Western Middle School
  • Western High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 34-09-06-426-004.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 74
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT E2 SE4 6-23-3 & PT W2 SW4 5-23-3 8.46 AC TOTAL
  • Parcel Number ID: 34-09-06-426-004.000-019
  • Platted: Yes
  • Sp Lp Percent: 94.29
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2519
  • Total Finished Sq Ft: 2124
  • Above Grade Finished Sq Ft: 2124
  • Below Grade Sq Ft: 395
  • Price Per Sq Ft: 77.68
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 15x8, On Level: Main
  • Dining Room: Dimensions: 14x9, On Level: Main
  • Family Room: Dimensions: 23x11, On Level: Main
  • Extra Room: Mud Room, Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 15x9, On Level: Main
  • Bedroom 3: Dimensions: 9x9, On Level: Main
  • Other Room1: Dimensions: 24x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 395

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Barn, 1080
  • Outbuilding2: Barn, 1200

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x20
  • Garage Sq Ft: 600
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 12
  • Well Type: Private

Schools

  • School District: Western School Corp.
  • Elementary School: Western Primary
  • Middle School: Western Middle School
  • High School: Western High School
  • Elementary School: Western Primary

Lot Info

  • Lot Description: Partially Wooded, 6-9.999
  • Lot Dimensions: 00
  • Estimated Lot Sq Ft: 368518
  • Estimated Lot Size Acres: 8.46

Tax Info

  • Annual Taxes: 2073.95

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Jan 2, 2023
Sold by
Doke Vicki J
Bought by
Johnson Gina and Hopkins Jordan
Seller's Agent
Jason Carter
MPR Realty, LLC
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$285,900
Sold Price
$165,000
Premium/Discount to List
-$120,900
-42.29%
Total Days on Market
133
Views
215
Current Estimated Value
$236,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,740
Avg. Annual Appreciation
14.29%
Original Mortgage
$156,750
Outstanding Balance
$152,724
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$77,688
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Johnson Gina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Gina $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $165,000 -5.7% $78 / Sq Ft
11/23/2022 11/23/22 Price Changed $175,000 -28.5% $82 / Sq Ft
08/27/2022 08/27/22 Price Changed $244,900 -14.3% $115 / Sq Ft
07/16/2022 07/16/22 For Sale $285,900 -- $135 / 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 $962 $140,700 $55,800 $84,900
2022 $1,041 $129,900 $51,200 $78,700
2021 $2,268 $116,200 $50,000 $66,200
2020 $2,032 $104,400 $44,600 $59,800
2019 $1,992 $101,900 $46,300 $55,600
2018 $2,056 $106,500 $46,600 $59,900
2017 $1,971 $101,800 $48,000 $53,800
2016 $1,783 $94,100 $43,300 $50,800
2014 $1,592 $87,600 $43,800 $43,800
2013 $1,718 $85,300 $38,800 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202229537

Indiana Regional MLS

APN: 34-09-06-426-004.000-019