$153,000 - $217,000
RENTED APR 18, 2025

503 W Walnut St Unit 3 Kokomo, IN 46901

Old Silk Stocking Neighborhood
3 Beds
2 Baths
1,213 Sq Ft
$145 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Porch
  • Primary Bedroom Suite
  • Corner Lot
  • Entrance Foyer

About This Home

As of April 2025

Book a Showing TODAY! Beautifully updated upper level apartment with a main level bedroom, two 3rd level bedrooms, and 2 full baths. Spacious living area with original hardwood floors on the main level and carpeted bedrooms on the 3rd level. Beautiful stained glass windows and original staircase welcome you in the charming entryway with hooks on the wall to hang coats. Kitchen includes refrigerator, and stove and an outside stair access. Washer and dryer included in main level laundry. No pets allowed. Please be cautious of potential rental scams. D. R. Indiana Realty is the authorized leasing agency for this home. To ensure your safety and avoid fraudulent listings, we strongly recommend that you contact a REALTOR or licensed real estate agent directly for a showing or for any additional information about this property. Always verify the legitimacy of listings and never send payments or personal information to unverified parties. Stay safe by working with professionals!

Last Agent to Rent the Property

Jessica Matthews

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 01/09/2025

Last Renter's Agent

Jessica Matthews

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 01/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1887

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 66x92
  • Corner Lot
  • Historic Home

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1,213 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Suburban Location
  • The property is located in a historic district

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Pet Restriction

Listing and Financial Details

  • Security Deposit $1,350
  • Tenant pays for electric, fuel, cable
  • The owner pays for bldg insurance, lawn maintenance, sewer, tax, water
  • $25 Application Fee
  • Assessor Parcel Number 34-03-36-251-002.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,987

Year Built

Built in 1887

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Bldg Insurance, Lawn Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric, Fuel, Cable
  • Application Fee: 25
  • Security Deposit: 1350

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Triplex
  • Year Built: 1887
  • Age: 138
  • Style: One and Half Story
  • Architectural Style: Historic
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WESTERN ADDN MILLS & JONES ET AL LOT 36 EXC 40' OFF ENT S END
  • Parcel Number ID: 34-03-36-251-002.000-002
  • Amenities: Cable Ready, Detector-Carbon Monoxide, Detector-Smoke, Foyer Entry, Porch Open, Main Level Bedroom Suite
  • Location: City/Town/Suburb, Historic District
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1213
  • Total Finished Sq Ft: 1213
  • Above Grade Finished Sq Ft: 1213
  • Price Per Sq Ft: 1.03
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Upper
  • Bedroom 3: Dimensions: 10x15, On Level: Upper
  • Loft: Dimensions: 10x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Roof Material: Shingle
  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Laundry: Dimensions: Mainx6, On Level: 10

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x92
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

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

Closed on
Jun 23, 2020
Sold by
Stanwich Mortgage Loan Trust
Bought by
Bennett Albert
Current Estimated Value
$176,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2019
Sold by
Morris Rodney W and Morris Susanne C
Bought by
Stanwich Mortgage Loan Trust
Source: Public Records

Range of Values:

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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
Bennett Albert $11,000 Berkshire Jynell D
Stanwich Mortgage Loan Trust -- Shapiro Van Ess Phillips & Bar
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Rented $1,200 -4.0% --
04/07/2025 04/07/25 Price Changed $1,250 -2.0% $1 / Sq Ft
03/15/2025 03/15/25 Price Changed $1,275 -1.9% $1 / Sq Ft
02/26/2025 02/26/25 Price Changed $1,300 -3.7% $1 / Sq Ft
01/09/2025 01/09/25 For Rent $1,350 -- --
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 $1,987 $112,400 $24,200 $88,200
2023 $1,987 $98,900 $21,300 $77,600
2022 $1,947 $96,900 $21,300 $75,600
2021 $1,721 $85,600 $21,300 $64,300
2020 $1,623 $80,700 $21,300 $59,400
2019 $1,537 $76,400 $17,000 $59,400
2018 $1,193 $73,700 $17,000 $56,700
2017 $663 $73,200 $17,000 $56,200
2016 $407 $68,900 $17,000 $51,900
2014 $312 $58,300 $15,300 $43,000
2013 $281 $57,400 $15,300 $42,100
Source: Public Records

Agents Affiliated with this Home

  • Jessica Matthews

    Landlord's Agent in 2025

    Jessica Matthews

    D.R. Indiana Realty LLC

    (317) 748-1200

    34 Total Sales

    Jessica Matthews
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Map

Source: Indiana Regional MLS

MLS Number: 202500839

Indiana Regional MLS

APN: 34-03-36-251-002.000-002

Indiana Howard County Kokomo 46901 Old Silk Stocking

503 W Walnut St Unit 3, Kokomo, IN

This home is located at 503 W Walnut St Unit 3, Kokomo, IN 46901 since 09 January 2025 and is currently priced at $176,265. This property was built in 1887. 503 W Walnut St Unit 3 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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