$100,000
SOLD JAN 9, 2025

820 W Elm St Kokomo, IN 46901

4 Beds
3 Baths
834 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

29% Below List Price

179 Days on Market

Highlights

  • 1 Car Attached Garage
  • Level Lot
  • 1-Story Property
  • Laundry in Utility Room
  • Carpet

About This Home

As of January 2025

Unlock an investor's dream at 820 W Elm. This unique opportunity combines a single-family home and duplex generating income, all nestled on the same expansive lot. A spacious one-story residence with a attached one car garage and ample yards complements the duplex at the rear, promising an investor a trio of properties within convenient reach. The package includes 820 West Elm, 1108 N Wabash, and 1108 1/2 N Wabash, sold collectively for a strategic investment move. Don't miss the chance to own this income-generating trio. They are not available for individual purchase. Seller is selling as-is.

Last Agent to Sell the Property

Marlon Wright

Heartland Real Estate Brokers Brokerage Email: marlwrig@gmail.com Listed on: 05/16/2024

Last Buyer's Agent

Josh Murdock

Murdock Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66 x 109
  • Level Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 834 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Unfinished Basement
  • Block Basement Construction
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lafayette Park Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, sewer, water
  • Assessor Parcel Number 34-03-25-330-019.000-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$937

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1930
  • Age: 95
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ARMSTRONG LINDSAY ADDN (AKA LINDSAY) LOTS 61-62 MIDDLE PT & 9' VAC ELM ST S SD
  • Parcel Number ID: 34-03-25-330-019.000-002
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 83.33
  • Annual Miscellaneous: 5124.12
  • Monthly Gross Income: 2050
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 834
  • Total Finished Sq Ft: 834
  • Above Grade Finished Sq Ft: 834
  • Price Per Sq Ft: 119.9
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 X 109
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2050
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 937

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

Listed on
May 16, 2024
Closed on
Jan 6, 2025
Sold by
Quinones Estevan J
Bought by
Romanobs Llc and Barzilay
Seller's Agent
Marlon Wright
Heartland Real Estate Brokers
Buyer's Agent
Josh Murdock
Murdock Real Estate Group
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%
Views
83
Current Estimated Value
$120,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,877
Avg. Annual Appreciation
34.43%
Original Mortgage
$85,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 5, 2021
Closed on
Jun 11, 2021
Sold by
Cassandra Holmes
Bought by
Quinones Estevan J
Seller's Agent
Felicia Banks
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$48,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2019
Closed on
Sep 25, 2019
Sold by
Gonzales and Robyn
Bought by
Holmes Cassandra
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Metropolitan Title
Warranty Deed $65,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $85,000 Construction
Previous Owner $48,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $100,000 0.0% $120 / Sq Ft
11/15/2024 11/15/24 Off Market $100,000 -- --
11/11/2024 11/11/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $120,000 -14.3% $144 / Sq Ft
07/17/2024 07/17/24 For Sale $140,000 0.0% $168 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $140,000 +115.4% $168 / Sq Ft
06/08/2021 06/08/21 Sold $65,000 0.0% $39 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $65,000 +44.4% $39 / Sq Ft
09/24/2019 09/24/19 Sold $45,000 -10.0% $23 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/16/2019 08/16/19 Price Changed $50,000 -16.7% $25 / Sq Ft
05/10/2019 05/10/19 For Sale $60,000 0.0% $30 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $60,000 -- $30 / 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 $1,944 $108,100 $12,100 $96,000
2023 $1,944 $97,200 $10,600 $86,600
2022 $1,874 $93,700 $10,600 $83,100
2021 $1,480 $74,000 $10,600 $63,400
2020 $1,380 $69,000 $10,600 $58,400
2019 $1,332 $66,600 $11,000 $55,600
2018 $1,234 $61,700 $11,000 $50,700
2017 $1,248 $62,400 $11,000 $51,400
2016 $1,218 $60,900 $11,000 $49,900
2014 $1,342 $67,100 $13,100 $54,000
2013 $1,440 $72,000 $13,100 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202417375

Indiana Regional MLS

APN: 34-03-25-330-019.000-002