NOT LISTED FOR SALE

820 S Market St Kokomo, IN 46901

Estimated Value: $124,000 - $149,949

5 Beds
2 Baths
2,168 Sq Ft
$65/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $108,000 $50 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $889/month

7 Days on Market

Highlights

  • Shed
  • Ceiling Fan
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot
  • 2-minute walk to Meridian Park

About This Home

As of June 2022

Great duplex as an investment or to live on one side and rent out the other. Newer garage has the potential to convert loft area into 3rd apartment. Both units have spacious bedrooms, and unit 2 has washer/dryer hookup. Roof one year old. Units can share covered back deck or give use to only one. Current tenants are month to month and related to seller. Therefore, they pay much less than typical rent for area. Earning potential MUCH greater for new owner. Selling as is. Tenants prefer 24 hour notice for showings.

Last Agent to Sell the Property

Amy Bennett

F.C. Tucker-Tomlinson Listed on: 04/29/2022

F.C. Tucker-Tomlinson

Last Buyer's Agent

Misty Davidson

The Wyman Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1894

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x150
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,168 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, water
  • The owner pays for sewer
  • Assessor Parcel Number 34-03-36-484-007.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,146

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1894
  • Age: 128
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: J B CARTER'S 2ND ADDN LOT 16
  • Parcel Number ID: 34-03-36-484-007.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Washer Hook-Up
  • Sp Lp Percent: 108.11
  • Monthly Gross Income: 750
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2168
  • Total Finished Sq Ft: 2168
  • Above Grade Finished Sq Ft: 2168
  • Price Per Sq Ft: 49.82
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 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 Description: Level
  • Lot Dimensions: 52X150
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer
  • Tenant Pays: Cooling, Electric, Heating, Water

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 1146

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

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
Apr 29, 2022
Closed on
Jun 7, 2022
Sold by
Walker Nanette K
Bought by
Chokshi Ritu Sunit
Seller's Agent
Amy Bennett
F.C. Tucker-Tomlinson
Buyer's Agent
Misty Davidson
The Wyman Group
List Price
$99,900
Sold Price
$108,000
Premium/Discount to List
$8,100
8.11%
Current Estimated Value
$140,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,487
Avg. Annual Appreciation
8.17%
Original Mortgage
$81,000
Outstanding Balance
$77,409
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$62,867

Purchase Details

Closed on
Dec 8, 2020
Sold by
Walker Nanette K
Bought by
Walker Nanette K and Walker Nanette K
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
Chokshi Ritu Sunit $108,000 Grzegorski Eric D
Walker Nanette K -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chokshi Ritu Sunit $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $108,000 +8.1% $50 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $99,900 -- $46 / 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 $1,726 $94,100 $14,400 $79,700
2022 $1,558 $79,000 $12,100 $66,900
2021 $1,232 $62,600 $12,100 $50,500
2020 $1,146 $58,300 $12,100 $46,200
2019 $1,058 $54,000 $10,800 $43,200
2018 $1,069 $52,900 $10,800 $42,100
2017 $606 $56,100 $10,800 $45,300
2016 $495 $56,200 $10,800 $45,400
2014 $401 $54,600 $11,300 $43,300
2013 $746 $53,800 $11,300 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202215468

Indiana Regional MLS

APN: 34-03-36-484-007.000-002