NOT LISTED FOR SALE

605 Magnolia Dr Kokomo, IN 46901

Estimated Value: $152,000 - $168,000

4 Beds
1 Bath
1,308 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $92,000 $70 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $947/month

48 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2020

beautiful brick ranch in a wonderful area of Kokomo. Newer roof. New paint. New flooring. Newer window. Family room could easily be a fourth bedroom. taxes reflect no exemptions.

Last Agent to Sell the Property

Steve Schwering

Schwering Realty Listed on: 05/14/2020

Last Buyer's Agent

Holly Stone

The Hardie Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 64x120
  • Level Lot

Home Design

  • 1,308 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • 1 Bedroom in Basement
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Mayfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-03-35-305-012.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1959
  • Age: 61
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Mayfield Ext to Mayfield S/D Sec 1 lot 85
  • Parcel Number ID: 34-03-35-305-012.000-002
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 103.37
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1308
  • Total Finished Sq Ft: 1308
  • Above Grade Finished Sq Ft: 1308
  • Price Per Sq Ft: 70.34
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 16x14, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

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: Level, 0-2.9999
  • Lot Dimensions: 64x120
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 1520

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

Listed on
May 14, 2020
Closed on
Aug 12, 2020
Sold by
Schnurpel Kyle R
Bought by
Newlin Allison B
Seller's Agent
Steve Schwering
Schwering Realty
Buyer's Agent
Holly Stone
The Hardie Group
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%
Current Estimated Value
$157,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,605
Avg. Annual Appreciation
9.89%
Original Mortgage
$90,333
Outstanding Balance
$81,028
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$67,402

Purchase Details

Listed on
Sep 25, 2014
Closed on
May 7, 2015
Sold by
William P Mills
Bought by
Kyle R Schnurpel
Seller's Agent
Dianna Wilburn
RE/MAX Realty One
Buyer's Agent
Dianna Wilburn
RE/MAX Realty One
List Price
$73,900
Sold Price
$73,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 11, 2014
Sold by
Security County
Bought by
William P Mills
Seller's Agent
Paul Wyman
The Wyman Group
List Price
$58,900
Sold Price
$41,500
Premium/Discount to List
-$17,400
-29.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.12%
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
Newlin Allison B $91,236 Klatch Louis
Kyle R Schnurpel $73,900 Metropolitan Title Of Indiana
William P Mills $41,500 Moore Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newlin Allison B $5,903
Closed Newlin Allison B $5,028
Open Newlin Allison B $90,333
Closed Newlin Allison B $3,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $92,000 +3.4% $70 / Sq Ft
06/18/2020 06/18/20 Price Changed $89,000 -2.2% $68 / Sq Ft
06/06/2020 06/06/20 Price Changed $91,000 -4.2% $70 / Sq Ft
05/14/2020 05/14/20 For Sale $95,000 +28.6% $73 / Sq Ft
05/08/2015 05/08/15 Sold $73,900 0.0% $56 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
09/25/2014 09/25/14 For Sale $73,900 +78.1% $56 / Sq Ft
07/11/2014 07/11/14 Sold $41,500 -29.5% $32 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $58,900 -- $45 / 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 $1,084 $106,700 $17,000 $89,700
2023 $1,084 $106,800 $16,000 $90,800
2022 $764 $103,100 $16,000 $87,100
2021 $764 $83,100 $16,000 $67,100
2020 $643 $83,100 $16,000 $67,100
2019 $1,520 $76,800 $13,800 $63,000
2018 $1,774 $74,700 $13,800 $60,900
2017 $1,542 $71,100 $13,800 $57,300
2016 $475 $62,500 $13,800 $48,700
2014 $1,467 $72,900 $12,500 $60,400
2013 $1,443 $71,700 $12,500 $59,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202017314

Indiana Regional MLS

APN: 34-03-35-305-012.000-002