NOT LISTED FOR SALE

740 S Market St Kokomo, IN 46901

Estimated Value: $114,000 - $162,000

3 Beds
3 Baths
1,904 Sq Ft
$71/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $40,000 $21 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $867/month

85 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Meridian Park
  • Level Lot

About This Home

As of March 2018

Nice tri-plex in peaceful neighborhood would make a great investment property. All units have new carpet and vinyl. Ready to rent.

Last Buyer's Agent

Diane Weedling

Turn Key Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1916

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable, electric, heating, water
  • The owner pays for sewer
  • Assessor Parcel Number 34-03-36-479-009.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1916
  • Age: 102
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Oakland Addn Lot 61
  • Parcel Number ID: 34-03-36-479-009.000-002
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 88.89
  • Special Features: None

Interior Features

  • Total Sq Ft: 2117
  • Total Finished Sq Ft: 1904
  • Above Grade Finished Sq Ft: 1904
  • Below Grade Sq Ft: 213
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 213

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Cable, Electric, Heating, Water

Tax Info

  • Annual Property Tax: 997.5

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 19, 2018
Sold by
Kokomo Properties Llc
Bought by
Welcome Llc
Buyer's Agent
Diane Weedling
Turn Key Realty, LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$134,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,821
Avg. Annual Appreciation
17.49%
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
Welcome Llc $40,000 --
Welcome Home Rentals Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $40,000 -11.1% $21 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
11/09/2017 11/09/17 For Sale $45,000 -- $24 / 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 $1,828 $101,700 $13,800 $87,900
2022 $2,014 $100,700 $11,700 $89,000
2021 $1,482 $74,100 $11,700 $62,400
2020 $1,324 $66,200 $11,700 $54,500
2019 $1,182 $59,100 $10,400 $48,700
2018 $1,272 $63,600 $10,400 $53,200
2017 $1,266 $63,300 $10,400 $52,900
2016 $950 $47,500 $10,400 $37,100
2014 $984 $49,200 $10,900 $38,300
2013 $968 $48,400 $10,900 $37,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2018

    Diane Weedling

    Turn Key Realty, LLC

    (765) 346-1661

    36 Total Sales

    Diane Weedling
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Map

Source: Indiana Regional MLS

MLS Number: 201751086

Indiana Regional MLS

APN: 34-03-36-479-009.000-002

Indiana Howard County Kokomo 46901

740 S Market St, Kokomo, IN

This home is located at 740 S Market St, Kokomo, IN 46901 since 09 November 2017 and is currently estimated at $134,821, approximately $70 per square foot. This property was built in 1916. 740 S Market St 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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