NOT LISTED FOR SALE

709 W Mulberry St Unit 1 & 2 Kokomo, IN 46901

Old Silk Stocking Neighborhood

Estimated Value: $108,228 - $179,000

4 Beds
2 Baths
3,592 Sq Ft
$36/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $32,000 $9 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $813/month

671 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2017

Great Investment Property located on the city's NW side! Both units currently rented, bringing $1000 per month total.

Last Agent to Sell the Property

Tiffany Rodabaugh

Apple Tree Realty, LLC Listed on: 06/09/2015

Last Buyer's Agent

Chris Mullinax

CRM Properties, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1880

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Storage In Attic
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lafayette Park Elementary And Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, deposit value, electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 34-03-36-133-004.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 137
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W B SMITH LOT 12 8' S SD FOR ALLEY W B SMITH EX 35-1/3' W SD |
  • Parcel Number ID: 34-03-36-133-004.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Attic Storage, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Patio Open, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 80.2
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 5552
  • Total Finished Sq Ft: 3592
  • Above Grade Finished Sq Ft: 3592
  • Below Grade Sq Ft: 1960
  • Price Per Sq Ft: 8.91
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Vinyl, Wood
  • Main Level Sq Ft: 1960
  • Total Below Grade Sq Ft: 1960
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

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

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Deposit Value, Electric, Fuel, Heating

Tax Info

  • Exemptions: Mortgage

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Apr 26, 2017
Sold by
Cable H
Bought by
Redstar Investments Llc
Seller's Agent
Tiffany Rodabaugh
Apple Tree Realty, LLC
Buyer's Agent
Chris Mullinax
CRM Properties, Inc
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%
Current Estimated Value
$129,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,307
Avg. Annual Appreciation
23.37%
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
Redstar Investments Llc $32,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $32,000 -19.8% $9 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
06/09/2015 06/09/15 For Sale $39,900 -- $11 / 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 $1,554 $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

Agents Affiliated with this Home

  • Tiffany Rodabaugh

    Seller's Agent in 2017

    Tiffany Rodabaugh

    Apple Tree Realty, LLC

    (765) 438-2566

    2 in this area

    99 Total Sales

    Tiffany Rodabaugh
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Mullinax

    CRM Properties, Inc

    (765) 860-8010

    7 Total Sales

    Chris Mullinax
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201526878

Indiana Regional MLS

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

Indiana Howard County Kokomo 46901 Old Silk Stocking

709 W Mulberry St Unit 1 & 2, Kokomo, IN

This home is located at 709 W Mulberry St Unit 1 & 2, Kokomo, IN 46901 since 09 June 2015 and is currently estimated at $129,307, approximately $35 per square foot. This property was built in 1880. 709 W Mulberry St Unit 1 & 2 is a home located in Howard County with nearby schools including Lafayette Park Elementary School, Central Middle School, and Kokomo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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