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(SOLD) $245,900

  • 3 Beds
  • 2 Baths
  • 2,464 sq. Ft

Property Description for 5240 N 50 E Kokomo, IN 46901

Charming 3BR/2BA 2-sty farmhouse on .92 Acre lot. Step in from the 22x11 covered porch. main-lvl has Living Rm w/GL FP w/Brick hearth, Dining Rm, Den, Kitchen w/Soft Close Hickory cabinets, Corian C-tops, 2 farmhouse sinks, Breakfast bar & room, kitchen appliances included, Laundry closet (main-lvl W/D not included) and Full Bath. Upper-lvl hosts 3BR's, Full bath & Laundry Rm W/D included. 22x10 covered deck has access to cellar in floor. Above ground pool w/deck. 3 car detached garage w/100amp electricity. Storage shed. 2 HVAC systems; 1 for each floor. Move-in and make home!

Address:5240 N 50 E Kokomo IN 46901
Status:Sold
Sold On: 11/30/2023
Price:$239,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,464
Year Built:1900
Lot Size:0.92
County: Howard
Township: Howard
MLS #:21947296
Property Type:Single Family Residence

Lot Dimensions:40075
Lot Features:Rural - Not Subdivision
Water Source:Private Well
Directions:IN-931 to East on 400 N, North on 50 E to Property, home on east side of the street
Main Level Sq. Ft. :1,232
Upper Level Sq. Ft. :720
Total Sq. Ft. :2,464
Basement:Yes

Loan Price
$1,507
Price And Interest $1,283/month
Property Tax $122/month
MTG INS $0/month
HOME INS $102/month
Price
$245,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$122/month
Home Owner Insurance
$1,224 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 23x14 Main
Library 11x9 Main
Dining Room 16x15 Main
Kitchen 13x12 Main
Breakfast Room 13x11 Main
5x5 Upper
Primary Bedroom 14x11 Upper
Bedroom 2 15x10 Upper
Bedroom 3 11x9 Upper

Semi-Annual Property Tax:$730
Tax Year:2023
Mandatory HOA Fee:$

Area: 3403 - Howard - Howard
City:Kokomo
Subdivision: No Subdivision
Zip Code:46901

Total Sq. Ft.:2,464
Interior Features:Paddle Fan, WoodWorkStain/Painted
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Storage Shed
Exterior Type:Vinyl Siding
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas, Heat Pump
Water Heater:Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Total Rooms:8
Brad Tomlinson, REALTOR®/Broker, F. C. Tucker Company
Brad Tomlinson
Additional Phone (765) 452-8216
F.C. Tucker Company

Schools in 5240 N 50 E Kokomo, IN  46901


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Listing provided courtesy of Jeffrey Cummings with RE/MAX Complete from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/11/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Kokomo Market Report

124
Avg. DOM
$117.24
Avg. $ / Sq.Ft.
$ 192,400
Med. List Price

The house prices in Kokomo are not dropping at the moment. There has been a increase in price of $14,785.52. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Kokomo are going Up. The average house price is $186,700.00 and the average price per square feet is $114.60 per square feet. At the moment, the amount of homes listed is exactly 1156 houses, with 128 with active status, 83 with pending status and 945 sold in Kokomo .

The most popular place to buy a home in Kokomo is 3408 - Howard - Center. 3408 - Howard - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Kokomo .

The average amount of property taxes you would have to pay for a home in Kokomo is $1,715.04. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Kokomo are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Kokomo was 1183 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Kokomo is $550,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Kokomo is $30,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Kokomo in year 1860 and the newest built house is in year 2024.

The average size of properties in Kokomo is 1864.66 sq.ft. , the biggest one being 4653 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.