$109,000
SOLD MAR 3, 2022

714 N Union St Kokomo, IN 46901

6 Beds
2 Baths
2,016 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

19% Below List Price

13 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Laundry in Utility Room
  • Community Fire Pit
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of March 2022

2 UNIT INVESTMENT PROPERTY CONSISTING OF OVER 2,000 SQ FT AND BOTH UNITS ARE CURRENTLY RENTED. THE DOWNSTAIRS CONSISTS OF THREE BEDROOMS, ONE BATH, UTILITY ROOM WITH WASHER AND DRYER HOOK-UP. UPSTAIRS IS ANOTHER THREE BEDROOM, ONE BATH, AND UTILITY ROOM WITH WASHER AND DRYER HOOK-UP.

Last Agent to Sell the Property

Boyd Kunkle

Nova Real Estate Brokers Listed on: 12/07/2021

Last Buyer's Agent

Boyd Kunkle

Nova Real Estate Brokers Listed on: 12/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1885

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 58x132
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

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

Schools

  • Bon Air Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

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

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 34-03-25-486-003.000-002

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Additional Features

  • 2 Units
  • Community Fire Pit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1885
  • Age: 136
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHARP ALBRIGHT & MEARS LOT 62
  • Parcel Number ID: 34-03-25-486-003.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Detector-Smoke, Eat-In Kitchen, Firepit, Porch Open, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.74
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Price Per Sq Ft: 54.07
  • Basement Foundation: Crawl
  • Flooring: Part Carpet, Vinyl
  • Main Level Sq Ft: 1008
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 58X132
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 847

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
Dec 7, 2021
Closed on
Mar 3, 2022
Sold by
Woodard Zachary W
Bought by
Mahajan Amit
Seller's Agent
Boyd Kunkle
Nova Real Estate Brokers
Buyer's Agent
Boyd Kunkle
Nova Real Estate Brokers
List Price
$135,000
Sold Price
$109,000
Premium/Discount to List
-$26,000
-19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.00%
Original Mortgage
$80,250
Outstanding Balance
$75,059
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$157,210

Purchase Details

Closed on
Apr 3, 2020
Sold by
Newman Timothy J and Newman Lillian H
Bought by
Woodard Zachary W and Worley Joshua T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,520
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 18, 2018
Sold by
Lee Landseadel Jerry and Lee Ann Jean
Bought by
Newman Timothy J and Newman Lillian H
Seller's Agent
Naomi Eason
RE/MAX Realty One
Buyer's Agent
Gina Key
The Hardie Group
List Price
$74,900
Sold Price
$69,900
Premium/Discount to List
-$5,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%
Original Mortgage
$52,425
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 14, 2018
Sold by
Landseadel Ann
Bought by
Newman H
Seller's Agent
Naomi Eason
RE/MAX Realty One
Buyer's Agent
Gina Key
The Hardie Group
List Price
$74,900
Sold Price
$69,900
Premium/Discount to List
-$5,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $109,000 Klatch Louis
Warranty Deed $140,341 Maugans J Conrad
Warranty Deed $69,725 Metropolitan Title
Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,250 New Conventional
Previous Owner $105,520 New Conventional
Previous Owner $52,425 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $228,500 -1.9% --
07/08/2025 07/08/25 Price Changed $232,900 -3.0% --
06/10/2025 06/10/25 For Sale $240,000 +120.2% --
03/03/2022 03/03/22 Sold $109,000 -19.3% $54 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $135,000 +93.1% $67 / Sq Ft
09/14/2018 09/14/18 Sold $69,900 0.0% $35 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $69,900 -6.7% $35 / Sq Ft
06/29/2018 06/29/18 For Sale $74,900 -- $37 / 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 $938 $53,900 $9,500 $44,400
2022 $910 $45,300 $9,200 $36,100
2021 $847 $42,200 $9,200 $33,000
2020 $847 $42,200 $9,200 $33,000
2019 $871 $43,400 $10,400 $33,000
2018 $813 $40,500 $10,400 $30,100
2017 $933 $40,200 $10,400 $29,800
2016 $807 $40,200 $10,400 $29,800
2014 $731 $36,400 $11,600 $24,800
2013 $723 $36,000 $11,600 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202150228

Indiana Regional MLS

APN: 34-03-25-486-003.000-002