$130,000

508 W Lordeman St Unit 510 Kokomo, IN 46901

Estimated payment $799/month

Total Views 255
4 Beds
2 Baths
2,024 Sq Ft
$64 Price per Sq Ft

Highlights

  • Popular Property
  • Forced Air Heating System
  • Carpet
  • Corner Lot

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.

Listing Agent

Katie Franklin

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KIRKPATRICK & SCOTT'S 1ST ADDN LOT 17 ALSO 5' VAC STREET ADJ TO E SD LOT 17
  • Parcel Number ID: 34-03-25-141-008.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 2024
  • Total Finished Sq Ft: 2024
  • Above Grade Finished Sq Ft: 2024
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2500
  • Annual Maintenance Expense: 1500
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Bon Air

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Tax, Water

Tax Info

  • Annual Property Tax: 1306

Multi Family

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

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,236 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 For Sale $130,000 -- $64 / Sq Ft
Source: Indiana Regional MLS

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: Public Records

Source: Indiana Regional MLS

MLS Number: 202540987

Indiana Regional MLS

APN: 34-03-25-141-008.000-002

Indiana Howard County Kokomo 46901

508 W Lordeman St Unit 510, Kokomo, IN

This home is located at 508 W Lordeman St Unit 510, Kokomo, IN 46901 and is currently priced at $130,000, approximately $64 per square foot. This property was built in 1910. 508 W Lordeman St Unit 510 is a home located in Howard County with nearby schools including Bon Air 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.

Nearby Homes
Listing Agent
Katie Franklin
Section Image
CRM Properties, Inc
(765) 681-4435