508 W Lordeman St Unit 510 Kokomo, IN 46901
Estimated payment $689/month
Highlights
- Corner Lot
- Forced Air Heating System
- Carpet
About This Home
Spacious duplex with two-story units, each featuring 2 bedrooms and 2 bathrooms. One unit is currently rented, providing immediate income, while the other is vacant and ready for renovation. All utilities are separately metered and paid by the residents. With a functional layout, solid structure, and excellent rental potential, this property presents a great opportunity for investors seeking to expand their portfolio or add value through updates. Property sold AS-IS. NO SHOWINGS AT 508 WITHOUT ACCEPTED OFFER.
Listing Agent
CRM Properties, Inc Brokerage Phone: 765-438-7432 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,306
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Corner Lot
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 2,024 Sq Ft Home
- 2-Story Property
- Crawl Space
- Laundry in Bathroom
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- Off-Street Parking
Schools
- Bon Air Elementary School
- Central Middle School
- Kokomo High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
Listing and Financial Details
- The owner pays for lawn maintenance, tax
- Assessor Parcel Number 34-03-25-141-008.000-002
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $2,500
- Maintenance Expense $1,500
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,236 | $65,300 | $12,900 | $52,400 |
| 2022 | $1,162 | $58,000 | $10,200 | $47,800 |
| 2021 | $1,004 | $50,100 | $10,200 | $39,900 |
| 2020 | $1,004 | $50,100 | $10,200 | $39,900 |
| 2019 | $914 | $45,600 | $9,600 | $36,000 |
| 2018 | $890 | $44,400 | $9,800 | $34,600 |
| 2017 | $1,006 | $50,200 | $9,800 | $40,400 |
| 2016 | $1,006 | $50,200 | $9,800 | $40,400 |
| 2014 | $1,092 | $54,600 | $12,500 | $42,100 |
| 2013 | $1,072 | $53,600 | $12,500 | $41,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | Pending | -- | -- | -- |
| 11/10/2025 11/10/25 | Price Changed | $110,000 | -8.3% | $54 / Sq Ft |
| 10/31/2025 10/31/25 | Price Changed | $120,000 | -7.7% | $59 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $130,000 | -- | $64 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Grzegorski Eric D | |
| Warranty Deed | -- | None Listed On Document | |
| Deed | $18,000 | Metropolitan Title |
Source: Indiana Regional MLS
MLS Number: 202540987
APN: 34-03-25-141-008.000-002
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