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  • $85,000

    725 N Morrison St, Kokomo, IN 46901

    2beds
    948sqft
    : 
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    Single Family Residence
    Built in 1890
    5,662 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Formal dining roomLarge yardDedicated laundry roomSpacious corner lot
    Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently occupied by a long-term tenant who takes exceptional care of the property. The tenant is on a month-to-month lease and is willing to sign a new lease, offering flexibility for both investors and owner-occupants. Situated on a spacious corner lot with a large yard, this home features a comfortable living room, formal dining room, and an eat-in kitchen with appliances included. A dedicated laundry room adds convenience, while the full basement provides abundant storage or additional usable space. A newer gas forced-air furnace offers added peace of mind and energy efficiency. Whether you're looking to add a turnkey rental to your portfolio or purchase a home with future flexibility, this property is one you won't want to miss!
    14 days
    |
    414
    |
    18
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Chandler reneeachandler@msn.com,

    Harrold-Chandler Real Estate

    Source: IRMLS,MLS#: 202625342MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Area: 196
      • Dimensions: 14 x 14
      Kitchen
      • Area: 224
      • Dimensions: 14 x 16
      Living room
      • Area: 168
      • Dimensions: 12 x 14
      Heating
      • Natural Gas, Forced Air, High Efficiency Furnace
      Cooling
      • Central Air
      Appliances
      • Included: Range/Oven Hook Up Gas, Refrigerator, Gas Range, Gas Water Heater
      • Laundry: Main Level
      Features
      • Laminate Counters, Tub/Shower Combination, Formal Dining Room
      • Flooring: Carpet, Vinyl
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,896
      • Total interior livable area: 948 sqft
      • Finished area above ground: 948
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch Covered
      • Fencing: None
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 50x120
      • Features: Corner Lot, 0-2.9999, City/Town/Suburb
      Details
      • Parcel number: 340325385008.000002

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Stone, Fiber Cement
      • Foundation: Stone
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Electric: Duke Energy Indiana
      • Gas: NIPSCO
      • Sewer: Public Sewer
      • Water: Public, Indiana American Water Co
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      Location
      • Region: Kokomo

      Financial & listing details

      • Tax assessed value: $82,700
      • Annual tax amount: $1,654
      • Date on market: 6/26/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,059/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$85,000+1316.7%
        Source: IRMLS #202625342 Report a problem
        12/31/2019Listing removed$550$1/sqft
        Source: Harrold-Chandler Real Estate LLC Report a problem
        12/20/2019Listed for rent$550$1/sqft
        Source: Harrold-Chandler Real Estate LLC Report a problem
        5/6/2009Sold$6,000-77.1%$6/sqft
        Source: Public Record Report a problem
        12/15/2008Sold$26,250$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,400 +10.9%$82,700 +18.1%
        2024$1,262 +7.6%$70,000 +11.1%
        2023$1,173 +25.7%$63,000 +7.5%
        2022$933 +6.9%$58,600 +25.8%
        2021$873 +3.3%$46,600 +6.9%
        2020$845 +7.6%$43,600 +3.3%
        2019$785 +1.3%$42,200 +7.7%
        2018$775 +2.4%$39,200 +1.3%
        2017$757 +0.8%$38,700 +2.4%
        2016$751 -6.7%$37,800 -6%
        2014$805 -6.1%$40,200 -6.1%
        2013$857 -1.8%$42,800 -1.8%
        2012$873 -5.2%$43,600 -5.2%
        2011$921 0%$46,000
        2010$921 -4.4%$46,000 -4.4%
        2009$963 -30.2%$48,100 -4%
        2007$1,380 +7.9%$50,100 +1.4%
        2006$1,279 $49,400 +11.8%
        2005-- $44,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46901

        Getting around

        70 / 100
        Very Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bon Air
        • Middle: Central
        • High: Kokomo
        • District: Kokomo-Center Township Cons. S.D.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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