NOT LISTED FOR SALE

502 N Indiana Ave Kokomo, IN 46901

Old Silk Stocking Neighborhood

Estimated Value: $118,000 - $174,000

4 Beds
2 Baths
2,232 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $52,000 $23 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $923/month

10 Days on Market

Highlights

  • Wood Flooring
  • Covered Deck
  • Forced Air Heating System
  • Walk-In Pantry
  • Shed
  • Ceiling Fan

About This Home

As of January 2018

Move in ready duplex. Both units are 2 bedroom, 1 bath, living room, dining room, and kitchen. Kitchens include walk in pantry's. Nice covered porch in front and large 16 x 7 building in back. Full basement on each side with washer/dryer hook ups.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53x100
  • Sloped Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 34-03-36-127-018.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 107
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: G W HOCKERS 1ST ADDN LOT 1 53'X100' E SD
  • Parcel Number ID: 34-03-36-127-018.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Deck Covered, Pantry-Walk In, Sump Pump
  • Sp Lp Percent: 86.81
  • Special Features: None

Interior Features

  • Total Sq Ft: 3528
  • Total Finished Sq Ft: 2232
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Sq Ft: 1296
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1296
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 112

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 53x100
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Property Tax: 1131

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2017
Closed on
Jan 17, 2018
Sold by
Shearer Bert
Bought by
Horton W
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Current Estimated Value
$145,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,050
Original Mortgage
$39,000
Outstanding Balance
$33,297
Interest Rate
4.04%
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
Horton W $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Christopher $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $52,000 -13.2% $23 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/24/2017 11/24/17 For Sale $59,900 -- $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 $1,410 $86,300 $11,300 $75,000
2023 $1,410 $70,200 $6,800 $63,400
2022 $1,468 $73,100 $6,800 $66,300
2021 $1,073 $53,400 $6,800 $46,600
2020 $1,073 $53,400 $6,800 $46,600
2019 $1,019 $50,700 $6,600 $44,100
2018 $1,067 $53,100 $6,600 $46,500
2017 $1,131 $56,300 $6,600 $49,700
2016 $1,131 $56,300 $6,600 $49,700
2014 $1,040 $51,800 $8,500 $43,300
2013 $1,022 $50,900 $8,500 $42,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201752729

Indiana Regional MLS

APN: 34-03-36-127-018.000-002

Indiana Howard County Kokomo 46901 Old Silk Stocking

502 N Indiana Ave, Kokomo, IN

This home is located at 502 N Indiana Ave, Kokomo, IN 46901 since 24 November 2017 and is currently estimated at $145,050, approximately $64 per square foot. This property was built in 1910. 502 N Indiana Ave 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.

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