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(SOLD) $173,250

504 Cottonwood Drive Kokomo, IN  46901

  • 3 Beds
  • 2 Baths
  • 1,724 sq. Ft

Property Description for 504 Cottonwood Drive Kokomo, IN 46901

Check out this brick ranch home sitting on .518 +/- acres with 3 bedrooms, 2 full baths and 2 car attached garage. Hardwood floors in bedrooms and family room with fireplace. Tons of potential!

Address:504 Cottonwood Drive Kokomo IN 46901
Status:Sold
Sold On: 10/18/2024
Price:$176,800
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,724
Year Built:1967
Lot Size:0.52
County: Howard
Township: Clay
MLS #:21996647
Property Type:Single Family Residence

Lot Dimensions:22564
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,724
Total Sq. Ft. :1,724

Loan Price
$1,059
Price And Interest $904/month
Property Tax $83/month
MTG INS $0/month
HOME INS $72/month
Price
$173,250
Down Payment %
0 %
Down Payment
$0
Property Taxes
$83/month
Home Owner Insurance
$864 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 17x14 Main
Dining Room 13x10 Main
Kitchen 13x12 Main
Family Room 21x15 Main
Primary Bedroom 14x12 Main
Bedroom 2 13x10 Main
Bedroom 3 11x10 Main

Semi-Annual Property Tax:$497
Tax Year:2023
Financial Disclosures:Bank Owned
Other Disclosures:As Is, Sales Disclosure Not Required
Mandatory HOA Fee:$

Area: 3402 - Howard - Clay
City:Kokomo
Subdivision: Windwood Park
Zip Code:46901

High School:Northwestern Senior High School
Middle School:Northwestern Middle School

Total Sq. Ft.:1,724
Interior Features:Attic Access
Eating Area(s):Formal Dining Room
Appliances:None
Exterior Type:Brick
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:None
Total Rooms:7
Brad Tomlinson, REALTOR®/Broker, F. C. Tucker Company
Brad Tomlinson
Additional Phone (765) 452-8216
F.C. Tucker Company

Listing provided courtesy of Kelly Wood with RE/MAX At The Crossing from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/15/2024 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

126
Avg. DOM
$119.33
Avg. $ / Sq.Ft.
$ 199,000
Med. List Price

The house prices in Kokomo are indeed dropping at the moment. There has been a decrease in price of $870.39. 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 Down. The average house price is $194,950.00 and the average price per square feet is $120.94 per square feet. At the moment, the amount of homes listed is exactly 1632 houses, with 198 with active status, 77 with pending status and 1357 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 $1,862.29. 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 49 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 136 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Kokomo is $1,499,000.00. 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 $49,995.00 . 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 1811 and the newest built house is in year 2024.

The average size of properties in Kokomo is 1969.98 sq.ft. , the biggest one being 8485 sq.ft. and the smaller being 672 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.