$88,000
SOLD JAN 16, 2018

516 E Vaile Ave Kokomo, IN 46901

3 Beds
1 Bath
980 Sq Ft
0.49 Acres

Recently Sold

$90 Per Sq Ft

23% Below List Price

28 Days on Market

Highlights

  • Pier or Dock
  • Partially Wooded Lot
  • Covered Patio or Porch
  • Waterfront
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of April 2021

The list of updates on the adorable 3 bedroom home is endless! They include new windows, cabinets, solid oak and porcelain tile flooring, a new water heater, roof an updated bathroom, updated plumbing and wiring, and fresh paint throughout! All that plus a large 32 x 24 garage with heated office, a greenhouse, and a full basement on a half acre of land that borders the Widcat Creek. As if that wasn't enough you can watch the Jackrabbits' fireworks from your backyard in the summer. This is the perfect starter home for your family!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $294

Year Built

  • Built in 1890

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 98 x 226
  • Waterfront
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • Heated Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Insulated Doors
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 34-04-31-301-041.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$294

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 127
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Vailes ADDN Lot 5 & 6
  • Parcel Number ID: 34-04-31-301-041.000-002
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Near Walking Trail, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Garage-Heated, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.09
  • Special Features: None

Interior Features

  • Total Sq Ft: 1876
  • Total Finished Sq Ft: 980
  • Above Grade Finished Sq Ft: 980
  • Below Grade Sq Ft: 896
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 12x13, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 896

Exterior Features

  • Exterior: Metal, Wood
  • Roof Material: Shingle
  • Outbuilding1: Greenhouse, Dimensions: 6x8
  • Water Features: Pier/Dock Available

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768

Utilities

  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Lot Dimensions: 98 x 226
  • Estimated Lot Sq Ft: 21344
  • Estimated Lot Size Acres: 0.49

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 294.34
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 29, 2021
Sold by
Aaron-Lee Pease Richard
Bought by
Pelgen Katelyn N
Seller's Agent
Kaye Simmons
Hardie Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$94,900
Sold Price
$94,900
Current Estimated Value
$127,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,751
Avg. Annual Appreciation
6.83%
Original Mortgage
$93,180
Outstanding Balance
$83,761
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$43,890

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 26, 2021
Sold by
Pease Richard Aaron-Lee
Bought by
Pelgen Katelyn N
Seller's Agent
Kaye Simmons
Hardie Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,180
Outstanding Balance
$83,761
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$43,890

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jan 16, 2018
Sold by
Simmons Douglas P
Bought by
Pease Lee
List Price
$114,900
Sold Price
$88,000
Premium/Discount to List
-$26,900
-23.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $94,111 Klatch Louis
Warranty Deed -- Klatch Louis
Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,180 FHA
Closed $93,180 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $94,900 0.0% $48 / Sq Ft
03/26/2021 03/26/21 Sold $94,900 0.0% $97 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/19/2021 02/19/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $94,900 0.0% $48 / Sq Ft
01/25/2021 01/25/21 Price Changed $94,900 -2.2% $97 / Sq Ft
01/05/2021 01/05/21 Price Changed $97,000 -3.5% $99 / Sq Ft
11/13/2020 11/13/20 For Sale $100,500 +14.2% $103 / Sq Ft
01/16/2018 01/16/18 Sold $88,000 -23.4% $90 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $114,900 +596.4% $117 / Sq Ft
04/02/2013 04/02/13 Sold $16,500 -2.4% $9 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $16,900 -- $9 / 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 $492 $67,400 $16,200 $51,200
2022 $527 $65,800 $14,900 $50,900
2021 $360 $44,200 $14,900 $29,300
2020 $879 $41,800 $14,900 $26,900
2019 $790 $39,500 $16,200 $23,300
2018 $255 $38,100 $16,200 $21,900
2017 $278 $39,700 $16,200 $23,500
2016 $294 $44,000 $16,200 $27,800
2014 $635 $50,400 $17,900 $32,500
Source: Public Records

Agents Affiliated with this Home

  • Kaye Simmons

    Seller's Agent in 2021

    Kaye Simmons

    Hardie Group

    (765) 319-9357

    71 Total Sales

    Kaye Simmons
    Section Image
  • Gina Key

    Seller's Agent in 2021

    Gina Key

    The Hardie Group

    (765) 210-9275

    996 Total Sales

    Gina Key
    Section Image

  • N

    Buyer's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2021

    IUO Non-BLC Member

    Non-BLC Office

  • Marlon Wright

    Buyer's Agent in 2021

    Marlon Wright

    Heartland Real Estate Brokers

    (765) 461-2564

    60 Total Sales

    Marlon Wright
    Section Image

  • I

    Seller's Agent in 2013

    Ian Hoffar

    Wynkoop Brokerage Firm, LLC

    (317) 496-4633

    55 Total Sales

    Ian Hoffar
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201752298

Indiana Regional MLS

APN: 34-04-31-301-041.000-002

Indiana Howard County Kokomo 46901

516 E Vaile Ave, Kokomo, IN

This home is located at 516 E Vaile Ave, Kokomo, IN 46901 and is currently priced at $88,000, approximately $89 per square foot. This property was built in 1890. 516 E Vaile Ave 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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