NOT LISTED FOR SALE

614 & 614 1/2 N Morrison St Kokomo, IN 46901

2 Beds
2 Baths
500 Sq Ft
2,614 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $98,000 $196 Per Sq Ft

109 Days on Market

About This Home

As of February 2023

Investors dream find! Totally renovated 2 unit duplex. All new roof, windows, doors, flooring, cabinets, 2 new split heating and cooling units, gutters, downspouts, exterior paint etc. You name it, it's probably been done. Add this listing to your portfolio today!

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 09/22/2022

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1952

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 43 x 64
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water
  • Assessor Parcel Number 34-03-25-389-008.000-002

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $821
  • Maintenance Expense $450
  • Water Sewer Expense $445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$482

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1952
  • Age: 71
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: R G SMITH'S 4TH ADDN LOT 57 & VAC ST & ALLEY ADJ 43' S END
  • Parcel Number ID: 34-03-25-389-008.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.33
  • Annual Miscellaneous: 40
  • Monthly Gross Income: 1133
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 500
  • Total Finished Sq Ft: 500
  • Above Grade Finished Sq Ft: 500
  • Price Per Sq Ft: 196
  • Basement Foundation: Slab
  • Flooring: Laminate
  • Main Level Sq Ft: 250
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2

Utilities

  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Indiana American Water Co
  • Annual Insurance Expense: 821
  • Annual Maintenance Expense: 450
  • Annual Water Sewer Expense: 444.55

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
  • Lot Dimensions: 43 x 64
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 481.75

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 List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $98,000 -6.7% $196 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/19/2022 12/19/22 Price Changed $105,000 -6.3% $210 / Sq Ft
12/14/2022 12/14/22 For Sale $112,000 0.0% $224 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $112,000 -- $224 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202239617

Indiana Regional MLS