$465,000
SOLD APR 24, 2025

5113 N 500 E Kokomo, IN 46901

4 Beds
2.5 Baths
2,814 Sq Ft
2.19 Acres

Recently Sold

$165 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Solid Surface Countertops
  • Northwestern Senior High School Rated 10
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2025

Nestled on 2.19 acres of peaceful countryside, this beautifully remodeled farmhouse blends classic charm with modern updates. Renovated in 2010, the home features an inviting open-concept design filled with natural light. The spacious great room boasts a vaulted ceiling and a cozy fireplace, creating a warm and welcoming atmosphere. With 4 bedrooms and a potential 5th, this home offers plenty of space to fit your needs. The main-level master suite is a true retreat, featuring a stunning bathroom with luxurious finishes. Upstairs, additional bedrooms provide comfort and flexibility. A sunroom adds extra living space, perfect for enjoying the picturesque surroundings year-round. The kitchen is a standout, showcasing exquisite Sorensen custom cabinets that blend elegance and functionality. A wraparound porch offers the perfect spot to enjoy morning coffee or take in the serene sunrise over the open landscape. Two spacious barns provide ample room for storage, projects, or livestock, while an oversized two-car garage ensures plenty of space for vehicles and equipment. The backyard is an entertainer’s dream, highlighted by a stunning inground pool—ideal for relaxing on warm summer days. With no close neighbors, this private retreat offers both tranquility and seclusion, making it the perfect escape from everyday life!

Last Agent to Sell the Property

Andy Hardie

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 03/14/2025

Last Buyer's Agent

Amy True

True Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1870

Lot Details

  • 2.19 Acre Lot
  • Lot Dimensions are 402 x 238
  • Rural Setting
  • Picket Fence
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Howard Elementary School
  • Northwestern Middle School
  • Northwestern High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 34-04-02-400-009.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1870
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT E2 SE4 224-4 2.19 AC
  • Parcel Number ID: 34-04-02-400-009.000-022
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Patio Open, Porch Covered, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3414
  • Total Finished Sq Ft: 2814
  • Above Grade Finished Sq Ft: 2814
  • Below Grade Sq Ft: 600
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 26x19, On Level: Main
  • Kitchen: Dimensions: 17x14, On Level: Main
  • Dining Room: Dimensions: 16x13, On Level: Main
  • Den: Dimensions: 12x12, On Level: Main
  • Recreation Room: Dimensions: 16x14, On Level: Main
  • Bedroom 1: Dimensions: 20x18, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 600

Exterior Features

  • Exterior: Cement Board
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 70x26
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Partial, Picket
  • Outbuilding2: Barn, Dimensions: 40x28, 1120

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Howard Elementary

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 402 X 238
  • Estimated Lot Sq Ft: 95396
  • Estimated Lot Size Acres: 2.19

Tax Info

  • Annual Taxes: 1420.14
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Northwestern High School
  • Middle School: Northwestern Middle School
  • School District: Northwestern School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 24, 2025
Sold by
Herrell Ryan D
Bought by
Williams Scott and Williams Lisa
Seller's Agent
Andy Hardie
The Hardie Group
Buyer's Agent
Amy True
True Realty
List Price
$474,900
Sold Price
$465,000
Premium/Discount to List
-$9,900
-2.08%
Views
30
Current Estimated Value
$419,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,466
Avg. Annual Appreciation
-14.04%
Original Mortgage
$350,000
Outstanding Balance
$347,493
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$72,041

Purchase Details

Closed on
Jun 20, 2024
Sold by
Herrell Dawn L
Bought by
Herrell Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2024
Sold by
Herrell Dawn L
Bought by
Herrell Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2009
Sold by
Midwest Ag Finance Inc
Bought by
Ryan D Herrell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $175,000 None Listed On Document
Warranty Deed -- None Listed On Document
Deed $40,000 Moore Title & Escrow, Inc.
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 VA
Previous Owner $256,000 New Conventional
Previous Owner $256,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $465,000 -2.1% $165 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $474,900 -- $169 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

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 $1,366 $229,500 $34,900 $194,600
2022 $1,696 $232,300 $34,900 $197,400
2021 $1,448 $211,500 $34,900 $176,600
2020 $1,181 $193,400 $34,900 $158,500
2019 $1,135 $187,800 $34,900 $152,900
2018 $1,108 $176,600 $34,900 $141,700
2017 $1,053 $167,500 $31,500 $136,000
2016 $1,090 $168,600 $31,500 $137,100
2014 $433 $113,800 $31,500 $82,300
2013 $356 $107,600 $31,500 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202508326

Indiana Regional MLS

APN: 34-04-02-400-009.000-022