NOT LISTED FOR SALE

806 N Main St Kokomo, IN 46901

Estimated Value: $88,000 - $159,000

3 Beds
3 Baths
2,384 Sq Ft
$54/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $17,000 $7 Per Sq Ft

Est. 652% increase in value since last sale

Current estimated payment $780/month

106 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 3-minute walk to Al Berryman Memorial Park

About This Home

As of February 2020

Don’t pass this by! Great investment opportunity with 3 units. All offering 1 bedroom and 1 bath. A beautiful fireplace to add some charm. This tri plex also has an additional parking aside from street parking.

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 10/30/2019

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 47 x 132
  • Irregular Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 34-03-25-480-004.000-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1885
  • Age: 135
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Sharp, Albright & Mears Lot 8 Exc 7x19 SE Corner
  • Parcel Number ID: 34-03-25-480-004.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 37.78
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2384
  • Total Finished Sq Ft: 2384
  • Above Grade Finished Sq Ft: 2384
  • Price Per Sq Ft: 7.13
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 47 x 132

Tax Info

  • Annual Property Tax: 1297.3

Multi Family

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

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

Closed on
Aug 10, 2020
Sold by
Race Real Estate Llc
Bought by
Race Real Estate Indiana Llc
Current Estimated Value
$127,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$48,185
Interest Rate
3%
Estimated Equity
$79,604

Purchase Details

Listed on
Oct 30, 2019
Closed on
Mar 2, 2020
Sold by
Viva Capri Limited Partnership
Bought by
Race Real Estate Llc
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$52,000
Sold Price
$17,000
Premium/Discount to List
-$35,000
-67.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.36%

Purchase Details

Listed on
Oct 30, 2019
Closed on
Feb 28, 2020
Sold by
Viva Capri Limited Partnership
Bought by
Race Real Estate Llc
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$52,000
Sold Price
$17,000
Premium/Discount to List
-$35,000
-67.31%

Purchase Details

Closed on
Dec 22, 2017
Sold by
Blue Grotto Lp
Bought by
Larson Neil K and Larson Pamela

Purchase Details

Listed on
Jul 29, 2011
Closed on
Apr 23, 2012
Sold by
Blue Grotto Lp
Bought by
Amos Morgan
Seller's Agent
Melissa VanWinkle
Sunshine Realty
Buyer's Agent
BETTY ALBRIGHT
Creative Realty - Kokomo
List Price
$49,000
Sold Price
$45,000
Premium/Discount to List
-$4,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
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
Race Real Estate Indiana Llc $79,800 Hockemeyer & Mcnagny Llp
Race Real Estate Llc -- Klatch Louis
Race Real Estate Llc -- None Listed On Document
Larson Neil K -- None Listed On Document
Viva Capri Limited Partnership -- None Listed On Document
Amos Morgan $45,000 Moore Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Race Real Estate Indiana Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $17,000 -62.2% $7 / Sq Ft
11/19/2019 11/19/19 Price Changed $45,000 -13.5% $19 / Sq Ft
10/30/2019 10/30/19 For Sale $52,000 +15.6% $22 / Sq Ft
04/23/2012 04/23/12 Sold $45,000 -8.2% $20 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $49,000 -- $21 / 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 $1,224 $71,500 $8,700 $62,800
2022 $1,340 $67,000 $8,500 $58,500
2021 $1,238 $61,900 $8,500 $53,400
2020 $1,238 $61,900 $8,500 $53,400
2019 $1,260 $63,000 $9,600 $53,400
2018 $1,297 $58,200 $9,600 $48,600
2017 $1,154 $57,700 $9,600 $48,100
2016 $1,169 $57,700 $9,600 $48,100
2014 $713 $50,600 $10,700 $39,900
2013 $592 $49,800 $10,700 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201947798

Indiana Regional MLS

APN: 34-03-25-480-004.000-002