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2507 Locust Ln, Kokomo, IN, 46902

$339,900

Home List Price

$4,036*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
$73/SqFt
House

Location

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2507 Locust Ln, Kokomo$339,900

Buyer Closing Credits

$4,036*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1975
HeatingNatural Gas, Forced Air
CoolingCentral Air
FireplaceFamily Rm, Basement
MLS #202444049
Lot Size0.67 Acres
StatusActive

About 2507 Locust Ln

This one owner, stately residence boasts over 4,600 square feet. Step inside and you'll find an abundance of living space, complemented by an expansive basement with a circular bar that offers endless possibilities for entertaining & hobbies! The eat-in kitchen has plenty of cabinetry, an island and corner pantry. The formal dining room opens up to a formal living room and a Florida room with great views of the morning sunrise! As you explore up the next 2 flights of stairs, you will find the enormous primary suite with private bath and walk-in closet, a huge den with built-in shelving, 3 additional bedrooms, laundry room, another full bath, and huge 30x14 rec room with extra storage as well. Oversized two car garage with additional storage space and a nice large lot complete this home!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1975

Listing Office:

  • Office Name: The Wyman Group
  • Office Phone: (765) 419-1021
  • Listing Agent: Paul Wyman

Interior Features

Interior Information:

  • Flooring Type: Hardwood Floors, Tile
  • Fireplace: Family Rm, Basement

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Brick, Stucco, Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 2507 Locust Ln
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Lot Features

Lot Information:

  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Dixon Rd, turn West on Greentree Lane, then left on Locust Ct, to home on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,900
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $2,061
  • 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

2507 Locust Ln vs Kokomo

34 DAYS ON ROCKET

+21 Days

$339,900

+$167.4K More

$73/SqFt

-$35 Less

KEY TAKEAWAY

This property is $167.4K more than the Median Sold Price and $35/SqFt less than other homes in Kokomo, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202444049

Listing Office:

  • Office Name: The Wyman Group
  • Office Phone: (765) 419-1021
  • Listing Agent: Paul Wyman

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: 12/18/2024, 1:20:54 AM 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$2,061$223,600
2019$2,237$204,300
2018$2,236$212,800
2017$2,204$209,700

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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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-4314646
6
/10

  • Boulevard Elementary School

  • 1901 W Boulevard

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4314647
7
/10

  • Wallace Elementary School

  • 2326 W Jefferson St

  • 2.81 miles

  • Public District Grades KG-5

school-card-donut-4314648
5
/10

  • Lafayette Park Elementary School

  • 919 Korby St

  • 3.08 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 $68,556. Typical income of Kokomo, IN residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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.

Frequently Asked Questions About 2507 Locust Ln

What is the listing price of this property?

The listing price of 2507 Locust Ln property is $339,900.

What type of property is this?

The property 2507 Locust Ln is a house located in Kokomo, Indiana, 46902.

Is this property for sale now?

Active Listing: 2507 Locust Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,061 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2507 Locust Ln has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 2507 Locust Ln is 1975.

Rocket Homes›Indiana›Howard County›Kokomo›46902›2507 Locust Ln

This home is located at 2507 Locust Ln in Kokomo, IN and zip code 46902. This home was built in 1975. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $339,900.

In November 2024 more than 18 listings in Kokomo, IN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 33 were sold below. The number of homes for sale 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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