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$1,499,000

  • 5 Beds
  • 3 Baths
  • 5,052 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 591 E 400 S Kokomo, IN 46902

Welcome to this picturesque 10 acre horse farm, where all your equestrian dreams will come true! Waiting for you at the end of the long, paved driveway you will find the centerpiece of this estate, a stately 5 bedroom home. With over 5,000 finished sq/ft of living space you will appreciate the large kitchen, formal dining room, living room, and a 33x22 family/entertainment room, which walks out to a nice deck overlooking the private, peaceful backyard. You will also find a spiral staircase, an in-home office, and a 3 1/2 car attached garage with an additional full apartment above it! Adjacent to the home, await 3 amazing barns! With over 2,000 sq/ft, the smaller barn behind the home, is the perfect maintenance barn for storage of equipment etc. Across the property you will find another barn with over 7,500 sq ft which is the insulated, heated indoor riding arena. The third barn was meticulously redone, and truly designed to cater to the needs of many horses and their caretakers! It is insulated, heated, has cement floors, and a full ventilation system! You will also find 22 perfectly finished horse stalls with rubber mats, a tack room with washer/dryer, a wash stall, full hay loft and a 3 ton grain bin. And if that isn't enough, you will appreciate the nicely finished office and another small apartment, perfect for a stablehand! From the 4.5 acre grazing pasture, to an outdoor arena & horse walker, there is nothing left to desire. This horse farm is not just an ordinary property, it's a sanctuary for both horses and humans alike, offering tranquility, functionality and the perfect setting for an equestrian lifestyle!

Address:591 E 400 S Kokomo IN 46902
Status:Active
on site: 155 days
Price:$1,499,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:5,052
Year Built:1900
Lot Size:10.44
County: Howard
Township: Taylor
MLS #:21985957
Property Type:Single Family Residence

Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,880
Upper Level Sq. Ft. :3,172
Total Sq. Ft. :5,052
Basement:Yes

Loan Price
$8,851
Price And Interest $7,819/month
Property Tax $407/month
MTG INS $0/month
HOME INS $625/month
Price
$1,499,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$407/month
Home Owner Insurance
$7,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x19 Main
Dining Room 16x12 Main
Kitchen 17x12 Main
Primary Bedroom 16x15 Upper
Bedroom 2 19x12 Upper
Bedroom 3 15x12 Upper
Bedroom 4 14x10 Upper
Bedroom 5 14x10 Upper
Family Room 33x21 Main
Breakfast Room 9x8 Main
Library 12x16 Upper

Semi-Annual Property Tax:$2,443
Tax Year:2024
Mandatory HOA Fee:$

Area: 3409 - Howard - Taylor
City:Kokomo
Subdivision: No Subdivision
Zip Code:46902

Total Sq. Ft.:5,052
Interior Features:Eat-in Kitchen
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Microwave, Refrigerator, Electric Oven
Exterior Type:Vinyl Siding
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Gas, Forced Air
Water Heater:Dishwasher, Microwave, Refrigerator, Electric Oven
Total Rooms:11
EXPLORE TUCKER LUXURY
Brad Tomlinson, REALTOR®/Broker, F. C. Tucker Company
Brad Tomlinson
Additional Phone (765) 452-8216
F.C. Tucker Company

Listing provided courtesy of Paul Wyman with The Wyman Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/18/2024 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

123
Avg. DOM
$122.06
Avg. $ / Sq.Ft.
$ 195,000
Med. List Price

The house prices in Kokomo are indeed dropping at the moment. There has been a decrease in price of $4,743.43. 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 $195,000.00 and the average price per square feet is $118.93 per square feet. At the moment, the amount of homes listed is exactly 1742 houses, with 219 with active status, 66 with pending status and 1457 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 $1,740.93. 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 48 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 8 minutes ago.

At the moment we have 3 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 $49,900.00 . 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 1938.79 sq.ft. , the biggest one being 8485 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.