Closed

$177,500

400 W Elm St, Kokomo, IN 46901

6beds

4,664sqft

Triplex

Built in 1915

-- sqft lot

$214,800 Zestimate^®

$--/sqft

$1,393 Estimated rent

Home value

$214,800

$193,000 - $238,000

$1,393/mo

Zestimate^® history

Owner options

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$1,393/mo

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$1,393/mo

Rent Zestimate^®

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$1,139/mo

Est. payment

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$1,139/mo

Est. payment

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What's special

Office spaceLarge livingLarge dining roomNew electrical throughoutNew multi-unit for heatingLaundry roomNew appliances

Great investment property with 2 of the 3 units rented out. Unit 1 downstairs, you will find a 2 bedroom with 1 bathroom fully remodeled apartment with new appliances, new multi-unit for heating and air as well as a laundry room. Unit 2 on the main level offers an empty space that you can use your imagination to finish it into an apartment, office space, retail space or keep it as storage. Unit 3 upstairs offers a remodeled 4-bedroom, 1 bathroom with an additional room that could be used as an office, playroom or sitting area. You will find your own laundry room, large living, large dining room and no neighbors upstairs. There is all new electrical throughout the building and automatic income from the 2 units that are rented. You won't want to miss out on this opportunity to own your very own Triplex in a good area that is close to the downtown shopping & eating.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Forced Air, Multiple Heating Systems

Cooling

Window Unit(s), Multi Units

Appliances

Included: Electric Water Heater
Laundry: Washer Hookup

Features

Walk-In Closet(s), Eat-in Kitchen
Flooring: Laminate, Other
Basement: Partial,Unfinished

Interior area

Total structure area: 5,625
Total interior livable area: 4,664 sqft
Finished area above ground: 4,664
Finished area below ground: 0

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 6,098 Square Feet
Dimensions: 44x90
Features: Corner Lot, 0-2.9999, City/Town/Suburb

Details

Additional structures: None
Additional parcels included: 3403-25-404-022.000-002
Parcel number: 340325404022.000002

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick
Roof: Rolled/Hot Mop,Rubber

Condition

New construction: No
Year built: 1915

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Kokomo

Financial & listing details

Annual tax amount: $1,320
Date on market: 4/12/2024
Listing terms: Cash,Conventional
Inclusions: Lease
Lease term: Negotiable
Total actual rent: 21000
Tenant pays: Electricity

Price history

Date	Event	Price
4/10/2024	Sold	$177,500-11.2%
Source: IRMLS #202338856 Report a problem
11/5/2023	Pending sale	$199,900
Source: IRMLS #202338856 Report a problem
10/22/2023	Price change	$199,900+150.2%
Source: IRMLS #202338856 Report a problem
11/18/2022	Listed for sale	$79,900
Source: IRMLS #202244563 Report a problem
11/2/2022	Pending sale	$79,900
Source: IRMLS #202244563 Report a problem
10/27/2022	Listed for sale	$79,900-11.2%
Source: IRMLS #202244563 Report a problem
12/13/2021	Contingent	$90,000
Source: IRMLS #202117886 Report a problem
12/13/2021	Listed for sale	$90,000
Source: IRMLS #202117886 Report a problem
11/18/2021	Listing removed	$90,000
Source: IRMLS #202117886 Report a problem
9/22/2021	Price change	$90,000-5.3%
Source: IRMLS #202117886 Report a problem
8/10/2021	Listed for sale	$95,000+18.9%
Source: IRMLS #202117886 Report a problem
2/2/2018	Listing removed	$79,900$17/sqft
Source: Sethi Team #201753615 Report a problem
11/20/2017	Price change	$79,900-11.1%$17/sqft
Source: Sethi Team #201736747 Report a problem
9/22/2017	Price change	$89,900-10%$19/sqft
Source: Sethi Team #201736747 Report a problem
8/9/2017	Listed for sale	$99,900$21/sqft
Source: Sethi Team #201736747 Report a problem