NOT LISTED FOR SALE

509 S Main St Kokomo, IN 46901

6 Beds
4 Baths
3,696 Sq Ft
6,534 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $131,300 $36 Per Sq Ft

3 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Carpet

About This Home

As of July 2023

Great fourplex investment property. All units are rented. 24 hr notice required. Tenants rights apply.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 04/25/2023

Last Buyer's Agent

Misty Davidson

The Wyman Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1903

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52 x 127
  • Irregular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Elwood Haynes Elementary School
  • Central Middle School
  • Kokomo High School

Additional Features

  • Balcony
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric, trash collection, water
  • Assessor Parcel Number 34-03-36-426-020.000-002

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $150
  • Insurance Expense $2,352
  • Maintenance Expense $322
  • Trash Expense $100
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,662

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1903
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: H H STEWART ETAL LOT 7
  • Parcel Number ID: 34-03-36-426-020.000-002
  • Platted: Yes
  • Amenities: Balcony
  • Special Features: None

Interior Features

  • Total Sq Ft: 3696
  • Total Finished Sq Ft: 3696
  • Above Grade Finished Sq Ft: 3696
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 150
  • Annual Insurance Expense: 2352
  • Annual Maintenance Expense: 322
  • Annual Trash Expense: 100
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Elwood Haynes

Lot Info

  • Lot Description: Irregular, Flood Plain
  • Lot Dimensions: 52 x 127
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1662

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $131,300 -12.4% $36 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $149,900 -- $41 / 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 2023

    Gina Key

    The Hardie Group

    (765) 210-9275

    1,006 Total Sales

    Gina Key
    Section Image
  • Misty Davidson

    Buyer's Agent in 2023

    Misty Davidson

    The Wyman Group

    (765) 480-7308

    70 Total Sales

    Misty Davidson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202312789

Indiana Regional MLS
Indiana Howard County Kokomo 46901

509 S Main St, Kokomo, IN

Not Listed for Sale

MultiFamily

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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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