NOT LISTED FOR SALE

714 E Vaile Ave Kokomo, IN 46901

Estimated Value: $56,000 - $90,683

2 Beds
1 Bath
864 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $31,000 $36 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $466/month

42 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Vinyl Flooring
  • Patio
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2021

Great investment opportunity. This 2 bedroom 1 bath home has a tenant in place until November of 2021. This homes offers a living room, dining/den and kitchen newer vinyl laminate flooring throughout, newer furnace. 2 car detached garage. Rental income of $675 a month tenant pays all utilities.

Last Agent to Sell the Property

Lindsay Ousley

The Wyman Group Listed on: 12/28/2020

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 41x301

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • Electric Expense $83
  • Fuel Expense $63
  • Water Sewer Expense $53

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, water
  • The owner pays for building insurance
  • Assessor Parcel Number 34-04-31-301-021.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$568

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1930
  • Age: 91
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E S Hockett's 1st Addn Lot 8
  • Parcel Number ID: 34-04-31-301-021.000-002
  • Platted: Yes
  • Amenities: Basement, Patio Open
  • Sp Lp Percent: 77.69
  • Monthly Gross Income: 675
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 35.88
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Laminate, Vinyl
  • Total Below Grade Sq Ft: 864
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Wood
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 83
  • Annual Fuel Expense: 63
  • Annual Water Sewer Expense: 53

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Elwood Haynes
  • Middle School: Maple Crest
  • High School: Kokomo

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41x301
  • Estimated Lot Sq Ft: 12327
  • Estimated Lot Size Acres: 0.283

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 675
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 567.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Feb 12, 2021
Sold by
City Vision Revitalization Llc
Bought by
Hickman Joshua
Seller's Agent
Lindsay Ousley
The Wyman Group
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%
Current Estimated Value
$72,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,421
Avg. Annual Appreciation
19.64%
Original Mortgage
$24,800
Outstanding Balance
$22,397
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$45,347

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 7, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
City Vision Revitalization Llc
List Price
$12,900
Sold Price
$7,500
Premium/Discount to List
-$5,400
-41.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.51%

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 1, 2019
Sold by
Federal Hm Loan Mtg Corp
Bought by
City Vision Revitalization Llc
List Price
$12,900
Sold Price
$7,500
Premium/Discount to List
-$5,400
-41.86%

Purchase Details

Closed on
Oct 18, 2018
Sold by
Sheriff Of Howard County
Bought by
Federal Home Loan Mortgage Cor
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
City Vision Revitalization Llc -- Statewide Title
City Vision Revitalization Llc $7,500 Statewide Title Co
Federal Home Loan Mortgage Cor $9,750 None Listed On Document
Federal Home Loan Mortgage Corp $9,750 None Listed On Document
Hickman Joshua $32,984 Maugans J Conrad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickman Joshua $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $31,000 -22.3% $36 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $39,900 +432.0% $46 / Sq Ft
02/22/2019 02/22/19 Sold $7,500 -41.9% $9 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $12,900 -- $15 / 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 $758 $40,700 $9,400 $31,300
2022 $758 $37,900 $8,600 $29,300
2021 $628 $31,400 $8,600 $22,800
2020 $582 $29,100 $8,600 $20,500
2019 $554 $27,700 $9,400 $18,300
2018 $530 $26,500 $9,400 $17,100
2017 $558 $27,900 $9,400 $18,500
2016 $624 $31,200 $9,400 $21,800
2014 $656 $32,800 $10,300 $22,500
2013 $648 $32,400 $10,300 $22,100
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Ousley

    Seller's Agent in 2021

    Lindsay Ousley

    The Wyman Group

    (765) 860-2920

    381 Total Sales

    Lindsay Ousley
    Section Image

  • A

    Buyer's Agent in 2021

    Audra Cannon

    CRM Properties, Inc

    (765) 431-9111

    270 Total Sales

    Audra Cannon
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202049934

Indiana Regional MLS

APN: 34-04-31-301-021.000-002

Indiana Howard County Kokomo 46901

714 E Vaile Ave, Kokomo, IN

This home is located at 714 E Vaile Ave, Kokomo, IN 46901 since 28 December 2020 and is currently estimated at $72,421, approximately $83 per square foot. This property was built in 1930. 714 E Vaile Ave is a home located in Howard County with nearby schools including Elwood Haynes Elementary School, Maple Crest 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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