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

  • Pet Restriction

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
  • Age: 120
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade 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
  • Sp Lp Percent: 87.59
  • Annual Miscellaneous: 600
  • Monthly Gross Income: 1940
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3696
  • Total Finished Sq Ft: 3696
  • Above Grade Finished Sq Ft: 3696
  • Price Per Sq Ft: 35.52
  • 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

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

Multi Family

  • Gross Monthly Rent: 1940
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1662

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
07/14/2023 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

    996 Total Sales

    Gina Key
    Section Image
  • Misty Davidson

    Buyer's Agent in 2023

    Misty Davidson

    The Wyman Group

    (765) 480-7308

    68 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

This home is located at 509 S Main St, Kokomo, IN 46901 since 25 April 2023. This property was built in 1903. 509 S Main St is a home located in Howard County with nearby schools including Elwood Haynes Elementary School, Maple Crest 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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