$110,000
$10K PRICE DROP

717 E Mulberry St Kokomo, IN 46901

Estimated payment $670/month

Total Views 4,467
4 Beds
2 Baths
1,308 Sq Ft
$84 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

Great investment opportunity! This duplex features two spacious units, each offering 2 bedrooms, 1 bathroom, a comfortable living room, kitchen, dining area & a recently added new AC unit. One unit is currently occupied, providing immediate rental income, while the other is vacant. Conveniently located close to downtown, shopping, and dining, this property is perfect for adding to your portfolio or beginning your real estate investment journey.

Listing Agent

Holly Stone

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 09/25/2025

Co-Listing Agent

Sara Meadows

The Hardie Group Brokerage Phone: 765-457-7214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1909

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 128
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Sycamore Elementary School
  • Central Middle School
  • Kokomo High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 34-04-31-111-006.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,117

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1909
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: A R BOWKERS LOT 17
  • Parcel Number ID: 34-04-31-111-006.000-002
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1788
  • Total Finished Sq Ft: 1308
  • Above Grade Finished Sq Ft: 1308
  • Below Grade Sq Ft: 480
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 654
  • Total Below Grade Sq Ft: 480
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: 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 Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Sycamore

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 128
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Owner Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Annual Property Tax: 1117.2

Multi Family

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

MLS Schools

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

Map

Range of Values:

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Value Increase
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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 $882 $53,200 $7,000 $46,200
2023 $882 $44,100 $5,500 $38,600
2022 $832 $41,600 $5,500 $36,100
2021 $660 $33,000 $5,500 $27,500
2020 $660 $33,000 $5,500 $27,500
2019 $680 $34,000 $5,000 $29,000
2018 $656 $32,800 $5,000 $27,800
2017 $987 $35,600 $5,000 $30,600
2016 $712 $35,600 $5,000 $30,600
2014 $654 $32,700 $5,200 $27,500
2013 $648 $32,400 $5,200 $27,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 Price Changed $110,000 -8.3% $84 / Sq Ft
09/25/2025 09/25/25 For Sale $120,000 +860.0% $92 / Sq Ft
03/05/2019 03/05/19 Sold $12,500 0.0% $7 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Sold $12,500 0.0% $7 / Sq Ft View Prior Sale
02/14/2019 02/14/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $12,500 0.0% $7 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $12,500 -- $7 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $12,500 Berkshire Jynell D
Special Warranty Deed $12,500 None Listed On Document
Grant Deed $12,500 Simplifile Lc E-Recording
Sheriffs Deed $35,300 Foutty & Foutty, Llp
Deed $47,000 Feiwell & Hannoy
Sheriffs Deed $47,000 Feiwell & Hannoy
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202538930

Indiana Regional MLS

APN: 34-04-31-111-006.000-002