NOT LISTED FOR SALE

709 N Webster St Kokomo, IN 46901

Estimated Value: $133,000 - $182,899

7 Beds
4 Baths
3,313 Sq Ft
$46/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $57,000 $17 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,008/month

224 Days on Market

Highlights

  • Covered patio or porch
  • Landscaped
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of March 2022

So much potential in this 3-4 unit investment property! Centrally located in Downtown Kokomo close to all local amenities. The main house offers over 1300 sf for unit one and the upstairs offers approximately 1200 sf for either two 1 bedroom efficiencies or a larger 2-3 bedroom unit. Updates include: new concrete porch, furnace replaced in 2017, new water heater in 2016, new roofing between 2017-2020.

Last Agent to Sell the Property

Kylie Baker

The Wyman Group Listed on: 07/20/2021

Last Buyer's Agent

Nancy Burtch

Nancy Burtch Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1895

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Landscaped

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Storage In Attic
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, deposit value
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 34-03-25-387-008.000-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,054

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1895
  • Age: 127
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: R G SMITH'S 1ST ADDN LOT 11
  • Parcel Number ID: 34-03-25-387-008.000-002
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Attic Storage, Eat-In Kitchen, Landscaped, Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.94
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3989
  • Total Finished Sq Ft: 3313
  • Above Grade Finished Sq Ft: 3313
  • Below Grade Sq Ft: 676
  • Price Per Sq Ft: 17.2
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 676
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Well Type: Community
  • Number Electric Meters: 1
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

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: 0-2.9999
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Deposit Value

Tax Info

  • Annual Property Tax: 1054

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 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

Listed on
Jul 20, 2021
Closed on
Mar 15, 2022
Sold by
Schwierman David B and Schwierman Sandra L
Bought by
709 Webster Llc
Seller's Agent
Kylie Baker
The Wyman Group
Buyer's Agent
Nancy Burtch
Nancy Burtch Real Estate
List Price
$69,900
Sold Price
$57,000
Premium/Discount to List
-$12,900
-18.45%
Total Days on Market
224
Current Estimated Value
$151,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,225
Avg. Annual Appreciation
31.73%
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
709 Webster Llc $57,000 Klatch Louis
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 709 Webster Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $57,000 -8.1% $17 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
12/09/2021 12/09/21 Price Changed $62,000 -11.3% $19 / Sq Ft
07/20/2021 07/20/21 For Sale $69,900 -- $21 / 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 $1,952 $108,500 $13,200 $95,300
2022 $1,408 $70,400 $11,600 $58,800
2021 $1,126 $56,300 $11,600 $44,700
2020 $1,054 $52,700 $11,600 $41,100
2019 $1,026 $51,300 $11,900 $39,400
2018 $954 $47,700 $11,900 $35,800
2017 $948 $47,400 $11,900 $35,500
2016 $926 $46,300 $11,900 $34,400
2014 $1,062 $53,100 $14,200 $38,900
2013 $1,136 $56,800 $14,200 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202128955

Indiana Regional MLS

APN: 34-03-25-387-008.000-002