NOT LISTED FOR SALE

603 N Union St Kokomo, IN 46901

Estimated Value: $123,000 - $163,000

2 Beds
3 Baths
1,566 Sq Ft
$92/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $132,000 $84 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $813/month

94 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Shed
  • Corner Lot
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Beautifully updated office with additional private living space. Could be used as an apartment. Locally designated historic site. New flooring, paint throughout. Updated bathrooms and kitchen. Original wood floors in office space. Gorgeous wood ceilings. Attached garage. Two bedrooms and one and a half bathrooms in living area. Half bath in office area. Charming throughout. Nice fenced in yard with detached garden shed. Would be a great office space with the benefit of living on site or renting out the living area. A must see close to all the downtown amenities, Has been re-zoned R5 residential. Office could be turned into living space.

Last Agent to Sell the Property

Jessica Matthews

D.R. Indiana Realty LLC Listed on: 11/29/2022

Last Buyer's Agent

Kristi Ball

The Hardie Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $723

Year Built

  • Built in 1882

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 78x86
  • Fenced Yard
  • Wood Fence
  • Corner Lot
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Garage
  • Paver Block
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

  • Lafayette Park Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 34-03-25-490-008.000-002

Property Details

Home Type

Apartment

Est. Annual Taxes

$723

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1882
  • Age: 141
  • Style: One and Half Story
  • Architectural Style: Historic
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 2
  • Legal Description: Adam Clark's Addn 6' Pt N Off Jefferson St& 78.2 E Ends Lots 4 & 5 & 78.2' E 1 5'S End Lot 6||
  • Parcel Number ID: 34-03-25-490-008.000-002
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking, Patio Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1566
  • Total Finished Sq Ft: 1566
  • Above Grade Finished Sq Ft: 1566
  • Price Per Sq Ft: 84.29
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl, Wood
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Metal
  • Fence: Wood
  • Stories: 1.5
  • Outbuilding: Garden Shed

Garage/Parking

  • Driveway: Pavers
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 78x86
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Property Tax: 723.2

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Collins Robert
Bought by
Faulkner David
Current Estimated Value
$144,703

Purchase Details

Closed on
Mar 8, 2024
Sold by
Collins Robert
Bought by
Faulkner David

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jun 9, 2023
Sold by
Ladd Nancy A
Bought by
Faulkner David and Collins Robert
Seller's Agent
Jessica Matthews
D.R. Indiana Realty LLC
Buyer's Agent
Kristi Ball
The Hardie Group
List Price
$150,000
Sold Price
$132,000
Premium/Discount to List
-$18,000
-12%
Views
251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$62,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2015
Sold by
Melissa Dtd
Bought by
Donnie Nancy A and Donnie Keith Ladd

Purchase Details

Listed on
Feb 7, 2012
Closed on
Oct 5, 2012
Sold by
Federal Home Loan Mortgage Corp
Bought by
Melissa W Wells
List Price
$59,900
Sold Price
$27,500
Premium/Discount to List
-$32,400
-54.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Faulkner David -- None Listed On Document
Faulkner David -- None Listed On Document
Faulkner David -- None Listed On Document
Donnie Nancy A $90,000 Moore Title & Escrow
Melissa W Wells $27,500 Statewide Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faulkner David $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $132,000 -12.0% $84 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $150,000 0.0% $96 / Sq Ft
02/14/2023 02/14/23 Price Changed $150,000 +7.1% $96 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $140,000 -6.7% $89 / Sq Ft
01/02/2023 01/02/23 Price Changed $150,000 -9.1% $96 / Sq Ft
11/29/2022 11/29/22 For Sale $165,000 +500.0% $105 / Sq Ft
10/05/2012 10/05/12 Sold $27,500 -54.1% $14 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $59,900 -- $31 / 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 $536 $90,500 $10,300 $80,200
2022 $864 $88,000 $10,000 $78,000
2021 $723 $81,100 $10,000 $71,100
2020 $695 $81,200 $10,000 $71,200
2019 $707 $82,500 $11,300 $71,200
2018 $491 $70,700 $11,300 $59,400
2017 $507 $69,800 $11,300 $58,500
2016 $486 $69,800 $11,300 $58,500
2014 $1,192 $59,200 $12,600 $46,600
2013 $1,164 $57,800 $12,600 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202248216

Indiana Regional MLS

APN: 34-03-25-490-008.000-002