NOT LISTED FOR SALE

907 S Union St Kokomo, IN 46901

Estimated Value: $122,000 - $302,000

8 Beds
8 Baths
3,751 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 01, 2016

Last sale price $6,000 $2 Per Sq Ft

Est. 3,606% increase in value since last sale

Current estimated payment $1,265/month

91 Days on Market

Highlights

  • Balcony
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Meridian Park

About This Home

As of October 2016

Investors this one is for you. A potential total of 8 units in two buildings. The smaller building has not been occupied for several years which houses 3 of the units and the larger building holds 5 units. Which three are occupied. All vacant units would need work although the property is priced to sell. Motivated seller.

Last Agent to Sell the Property

Kiel Shallenberger

M.R. Shallenberger Realty Listed on: 05/25/2016

Last Buyer's Agent

Kiel Shallenberger

M.R. Shallenberger Realty Listed on: 05/25/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 61 x 132
  • Level Lot

Parking

  • 10 Parking Spaces

Home Design

  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Kokomo Se Elementary And Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, snow removal, sewer, tax, water
  • Assessor Parcel Number 34-03-36-481-015.000-002

Community Details

Overview

  • 2 Buildings
  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $2,520
  • Fuel Expense $2,340
  • Insurance Expense $600
  • Maintenance Expense $500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1895
  • Age: 121
  • Style: One and Half Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: WALNUT HILL LOT 20 & N2 VAC ALLEY 6X132' S SD 3X82' S SD LOT 17 |
  • Parcel Number ID: 34-03-36-481-015.000-002
  • Platted: Yes
  • Amenities: Basement, Balcony
  • Cross Street: Harrison Street
  • Sp Lp Percent: 85.71
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1050
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 4328
  • Total Finished Sq Ft: 3751
  • Above Grade Finished Sq Ft: 3751
  • Below Grade Sq Ft: 577
  • Price Per Sq Ft: 1.6
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2309
  • Total Below Grade Sq Ft: 577
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2520
  • Annual Fuel Expense: 2340
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1800

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 61 x 132
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Water

Tax Info

  • Total Assessed Value: 36800
  • Annual Property Tax: 746.02

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 3
  • Number Of Units: 8
  • Num Of1 Bedrooms: 7
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Five Stream Ventures Llc
Bought by
Altamar Enterprise Llc
Current Estimated Value
$222,333
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
Altamar Enterprise Llc -- Hocker Janet Davis
Five Stream Ventures Llc -- Hocker Janet Davis
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2016 10/01/16 Sold $6,000 -60.0% $2 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $15,000 -- $4 / 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 $1,034 $73,000 $16,500 $56,500
2023 $1,034 $51,700 $14,000 $37,700
2022 $1,151 $57,200 $14,000 $43,200
2021 $896 $44,500 $14,000 $30,500
2020 $818 $40,600 $14,000 $26,600
2019 $728 $36,100 $12,400 $23,700
2018 $699 $34,600 $12,400 $22,200
2017 $743 $36,800 $12,400 $24,400
2016 $743 $36,800 $12,400 $24,400
2014 $936 $46,700 $13,000 $33,700
2013 $958 $47,800 $13,000 $34,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kiel Shallenberger

    M.R. Shallenberger Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201623590

Indiana Regional MLS

APN: 34-03-36-481-015.000-002

Indiana Howard County Kokomo 46901

907 S Union St, Kokomo, IN

This home is located at 907 S Union St, Kokomo, IN 46901 since 25 May 2016 and is currently estimated at $222,333, approximately $59 per square foot. This property was built in 1895. 907 S Union 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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