NOT LISTED FOR SALE

726 S Washington St Kokomo, IN 46901

Estimated Value: $76,704 - $160,000

4 Beds
3 Baths
2,172 Sq Ft
$50/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $60,000 $28 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $661/month

85 Days on Market

Highlights

  • Detached Second Garage
  • Covered Patio or Porch
  • Garden Bath
  • Wood Flooring
  • Storm Windows
  • Forced Air Heating System

About This Home

As of September 2022

Great investment property here. 3 unit - 2-1 bedroom and 1-2 bedroom. Fully rented and ready for a new owner.

Last Agent to Sell the Property

Scott Bogue

cfd Realty, Inc Listed on: 06/16/2022

cfd Realty, Inc

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x127

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Garden Bath

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Detached Second Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Elwood Haynes Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, maintenance, sewer
  • Assessor Parcel Number 34-03-36-453-007.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,349
  • Fuel Expense $1,753
  • Water Sewer Expense $684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1895
  • Age: 127
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Mansfield Lot 66
  • Parcel Number ID: 34-03-36-453-007.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Ready, Countertops-Laminate, Detector-Smoke, Garden Tub, Porch Covered, Storm Doors, Storm Windows, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75.09
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3412
  • Total Finished Sq Ft: 2172
  • Above Grade Finished Sq Ft: 2172
  • Below Grade Sq Ft: 1240
  • Price Per Sq Ft: 27.62
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 1240
  • Total Below Grade Sq Ft: 1240
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 408

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Electric: 2349
  • Annual Fuel Expense: 1753
  • Annual Water Sewer Expense: 684
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Dimensions: 48x127
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Fuel, Maintenance, Sewer

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 876

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 15, 2022
Sold by
Sherman Amanda G
Bought by
Race Real Estate Llc
Seller's Agent
Scott Bogue
cfd Realty, Inc
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%
Views
85
Current Estimated Value
$107,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,676
Avg. Annual Appreciation
21.13%
Source: Public Records

Range of Values:

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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
Race Real Estate Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $60,000 -24.9% $28 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $79,900 -11.1% $37 / Sq Ft
06/16/2022 06/16/22 For Sale $89,900 -- $41 / 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 $1,082 $65,700 $14,600 $51,100
2022 $996 $49,800 $12,200 $37,600
2021 $876 $43,800 $12,200 $31,600
2020 $940 $47,000 $12,200 $34,800
2019 $860 $43,000 $11,000 $32,000
2018 $806 $40,300 $11,000 $29,300
2017 $730 $36,500 $11,000 $25,500
2016 $730 $36,500 $11,000 $25,500
2014 $828 $41,400 $9,900 $31,500
2013 $812 $40,600 $9,900 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202223985

Indiana Regional MLS

APN: 34-03-36-453-007.000-002