NOT LISTED FOR SALE

505 W Jefferson St Kokomo, IN 46901

Old Silk Stocking Neighborhood
4 Beds
4 Baths
2,720 Sq Ft
5,097 Sq Ft Lot

Last Sold July 23, 2020

Last sale price $75,000 $28 Per Sq Ft

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

As of July 2020

What a great opportunity to own a 4 unit complex. 3 of the units are rented and leaving the 4th open to view. They are all one Bedroom units with appliances included.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 06/29/2020

Last Buyer's Agent

Cherie Smith

True Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1925

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 51 x 100
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 34-03-36-201-001.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,118

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1925
  • Age: 95
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Out Lot 26 Exc 15 Ft off ent E SD 51'
  • Parcel Number ID: 34-03-36-201-001.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate
  • Sp Lp Percent: 107.3
  • Monthly Gross Income: 1940
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 4080
  • Total Finished Sq Ft: 2720
  • Above Grade Finished Sq Ft: 2720
  • Below Grade Sq Ft: 1360
  • Price Per Sq Ft: 27.57
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1360
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51 x 100
  • Estimated Lot Sq Ft: 5097
  • Estimated Lot Size Acres: 0.117

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1940
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1118

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $75,000 +7.3% $28 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $69,900 -- $26 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gina Key

    Seller's Agent in 2020

    Gina Key

    The Hardie Group

    (765) 210-9275

    20 in this area

    999 Total Sales

    Section Image
  • Cherie Smith

    Buyer's Agent in 2020

    Cherie Smith

    True Realty

    (765) 438-5971

    145 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202024762

Indiana Regional MLS

Indiana Howard County Kokomo 46901 Old Silk Stocking

505 W Jefferson St, Kokomo, IN

This home is located at 505 W Jefferson St, Kokomo, IN 46901 since 29 June 2020. This property was built in 1925. 505 W Jefferson St 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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