721 W Jefferson St Kokomo, IN 46901
Old Silk Stocking Neighborhood
4
Beds
4
Baths
2,560
Sq Ft
5,227
Sq Ft Lot
Highlights
- Corner Lot
- Utility Room in Garage
- Eat-In Kitchen
- Covered patio or porch
- Balcony
- Ceiling Fan
About This Home
As of December 2024Investment property has 4 units consisting of two up with balcony walkups and two units down. Property has a potential to finish basement for additional unit and the detached building/garage could be an additional finished studio. Units have their own electric meters. Units have been updated and the building has a metal roof. Everything was new 2019!
Last Agent to Sell the Property
McKinley Real Estate Brokerage Phone: 765-437-2534 Listed on: 08/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1915
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50 x 107
- Corner Lot
- Level Lot
Home Design
- Quadruplex
- Poured Concrete
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Utility Room in Garage
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 1 Car Garage
- Private Parking
- Driveway
- On-Street Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Balcony
- Covered patio or porch
- Outbuilding
Location
- Suburban Location
Schools
- Bon Air Elementary And Middle School
- Kokomo High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable, cooling, deposit value, electric, trash collection
- The owner pays for building insurance, lawn maintenance, sewer, water
- Assessor Parcel Number 34-03-36-127-001.000-002
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
- Insurance Expense $1,400
- Water Sewer Expense $800
Additional Features
- 4 Units
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2024
Closed on
Dec 31, 2024
Sold by
Kokonola Llc
Bought by
Romanobs Llc
Seller's Agent
Josh Murdock
Murdock Real Estate Group
Buyer's Agent
Josh Murdock
Murdock Real Estate Group
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,154
Avg. Annual Appreciation
12.97%
Original Mortgage
$140,000
Outstanding Balance
$105,890
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$54,319
Purchase Details
Listed on
Aug 14, 2023
Closed on
Sep 27, 2023
Sold by
Ira Resources Inc
Bought by
Kokonola Llc
Seller's Agent
Suzy McKinley
McKinley Real Estate
Buyer's Agent
Audra Cannon
CRM Properties, Inc
List Price
$169,900
Sold Price
$154,000
Premium/Discount to List
-$15,900
-9.36%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.05%
Original Mortgage
$115,500
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 13, 2016
Sold by
Steven
Bought by
Bank Fka
Similar Homes in Kokomo, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | None Listed On Document | |
| Warranty Deed | $154,000 | None Listed On Document | |
| Deed | $20,000 | Manley Deas Kochalski Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | Construction | |
| Previous Owner | $115,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $150,000 | 0.0% | $39 / Sq Ft |
| 12/31/2024 12/31/24 | Pending | -- | -- | -- |
| 12/31/2024 12/31/24 | For Sale | $150,000 | -2.6% | $39 / Sq Ft |
| 09/25/2023 09/25/23 | Sold | $154,000 | -9.4% | $60 / Sq Ft |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- |
| 08/14/2023 08/14/23 | For Sale | $169,900 | -- | $66 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,444 | $142,300 | $10,900 | $131,400 |
| 2023 | $2,444 | $122,200 | $6,600 | $115,600 |
| 2022 | $2,340 | $117,000 | $6,600 | $110,400 |
| 2021 | $1,718 | $85,900 | $6,600 | $79,300 |
| 2020 | $1,718 | $85,900 | $6,600 | $79,300 |
| 2019 | $1,636 | $81,800 | $6,400 | $75,400 |
| 2018 | $238 | $11,900 | $6,400 | $5,500 |
| 2017 | $310 | $15,500 | $6,400 | $9,100 |
| 2016 | $310 | $15,500 | $6,400 | $9,100 |
| 2014 | $328 | $16,400 | $8,200 | $8,200 |
| 2013 | $1,264 | $63,200 | $8,200 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Murdock
Seller's Agent in 2024
Josh Murdock
Murdock Real Estate Group
(561) 618-6502
4 in this area
266 Total Sales
-
Suzy McKinley
Seller's Agent in 2023
Suzy McKinley
McKinley Real Estate
(765) 437-2534
2 in this area
200 Total Sales
-
Audra Cannon
A
Buyer's Agent in 2023
Audra Cannon
CRM Properties, Inc
(765) 431-9111
4 in this area
265 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202328979
APN: 34-03-36-127-001.000-002
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