11 days on rocket

1226 N Locke St, Kokomo, IN, 46901

$159,900

Home List Price

$1,899*

Closing Credit

0 Baths
Multi

Location

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1226 N Locke St, Kokomo$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1919
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202446458
Lot Size0.22 Acres
StatusActive
(Price Change)

About 1226 N Locke St

This fully rented Kokomo duplex presents an immediate cash flow opportunity. Recently renovated within the past six months, the property boasts a new roof, fresh siding, and modern interior updates. The high-efficiency HVAC system, less than two years old, ensures comfort and energy efficiency. With leases in place generating $1,000/month for the 2-bedroom, 1-bathroom top unit and $1,200/month for the 3-bedroom, 2-bathroom bottom unit with convenient access to laundry hookups in the basement, and the seller currently paying all utilities, this property offers immediate income potential. Don't miss this chance to own a turnkey investment in a growing market.

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (260) 498-0384
  • Listing Agent: Jordan Wildman

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Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter address into Google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900

Tax Information:

  • Annual Amount: $1,161
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Kokomo, IN.

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Kokomo, IN

City

Med. Sold Price

$172.5K

Med. Price/SqFt

$108

Avg. Days On Market

13

# of Sold Homes

62

1226 N Locke St vs Kokomo

11 DAYS ON ROCKET

-2 Days

$159,900

-$12.6K Less

KEY TAKEAWAY

This property is $12.6K less than the Median Sold Price in Kokomo, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202446458

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (260) 498-0384
  • Listing Agent: Jordan Wildman

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,161$62,600
2019$1,205$57,600
2018$1,205$59,800
2017$1,192$59,100

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4279974
4
/10

  • Sycamore Elementary School

  • 1600 E Sycamore St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-4279975
4
/10

  • Pettit Park School

  • 901 W Havens St

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-4279976
3
/10

  • Elwood Haynes Elementary School

  • 910 S Cooper St

  • 1.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,542. The most common annual income of people living in Kokomo, IN is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Kokomo, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Kokomo, IN?

Kokomo's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic mid-century to contemporary ranch designs. The market is complemented by a selection of apartments and townhouses, accommodating a range of lifestyle needs. The majority of homes were constructed during a development boom in the late 20th century, with a homeownership rate that underscores a community invested in property ownership and stability.

Is Kokomo, IN a good place to live?

Kokomo is celebrated for its rich industrial heritage and vibrant community spirit. The city prides itself on a calendar filled with local events and festivals that showcase its cultural identity, including the annual Haynes-Apperson Festival which pays homage to its automotive roots. The community's character is further defined by its commitment to preserving local history and fostering a welcoming, family-friendly atmosphere.

Are things conveniently located in Kokomo, IN?

The community benefits from a solid educational system, with a number of public and private schools providing comprehensive educational opportunities. Healthcare services in Kokomo are anchored by several hospitals and clinics offering a range of medical care, from urgent to specialized treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options in Kokomo reflect the local culture, with a mix of familiar chains and unique local establishments that cater to a variety of tastes and preferences.

What does the transportation in Kokomo, IN look like?

Kokomo's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, with recent enhancements aimed at improving traffic flow and safety. Public transit options are available, providing residents with alternatives to private vehicle use. The city also supports a growing emphasis on walkability, with efforts to make pedestrian-friendly areas more accessible. While ride-sharing services are present, they complement the existing transportation options, offering residents and visitors additional flexibility.

Rocket Homes›Indiana›Howard County›Kokomo›46901›1226 N Locke St

This home is located at 1226 N Locke St in Kokomo, IN and zip code 46901. This home was built in 1919. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $159,900.

While more than 18 listings in Kokomo, IN in November 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. The number of listings in Kokomo, IN increased by 2.8% between October 2024 and November 2024. In November 2024 median list price was $172,500 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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