$105,000
$10K PRICE DROP

709 & 709.5 W Mulberry St Kokomo, IN 46901

Old Silk Stocking Neighborhood

Estimated payment $718/month

Total Views 10,216
4 Beds
4 Baths
3,592 Sq Ft
$29 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Covered Patio or Porch

About This Home

Fully occupied duplex in Kokomo's Silk Stocking Neighborhood. Both units are 2 bedroom 1 bath. 1 upper, 1 lower. Tenants pay electricity.

Listing Agent

Audra Cannon

CRM Properties, Inc Brokerage Phone: 765-431-9111 Listed on: 04/10/2025

Co-Listing Agent

Katie Franklin

CRM Properties, Inc Brokerage Phone: 765-431-9111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1880

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53x140
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1.5-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • The owner pays for fuel, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 34-03-36-133-004.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,766

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 145
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: WILLIAM B SMITH'S 1ST ADDN LOT 12 8' S SD FOR ALLEY W B SMITH
  • Parcel Number ID: 34-03-36-133-004.000-002
  • Platted: Yes
  • Amenities: Basement, Fireplace, Porch Covered
  • Annual Miscellaneous: 3500
  • Monthly Gross Income: 1240
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 5224
  • Total Finished Sq Ft: 3592
  • Above Grade Finished Sq Ft: 3592
  • Below Grade Sq Ft: 1632
  • Price Per Sq Ft: 29.23
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1632
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 53x140
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Fuel, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1240
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1766

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,554 $88,300 $23,200 $65,100
2022 $1,622 $81,100 $20,500 $60,600
2021 $1,436 $71,800 $20,500 $51,300
2020 $1,358 $67,900 $20,500 $47,400
2019 $1,276 $63,800 $16,400 $47,400
2018 $1,230 $61,500 $16,400 $45,100
2017 $1,882 $94,100 $16,400 $77,700
2016 $1,760 $88,000 $16,400 $71,600
2014 $1,504 $75,200 $14,700 $60,500
2013 $1,484 $74,200 $14,700 $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $105,000 -8.7% $29 / Sq Ft
04/10/2025 04/10/25 For Sale $115,000 -- $32 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $159,263 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202512408

Indiana Regional MLS

APN: 34-03-36-133-004.000-002