531 S Wabash Ave Kokomo, IN 46901

3 beds · 1 bath · 1,608 sq ft · Lot Size: 6,599 sq ft · Single Family Home
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531 S Wabash Ave is in the 46901 neighborhood of Kokomo, IN. It is located in Howard County and ZIP code 46901. This Single Family Home was built in 1909 and is approximately 116 years old. The single family home spans 1608 sq ft with 3 bedrooms and 1 bathroom and sits on a 6599 sq ft lot. According to public records, it was last sold in 2009. Analyze and compare real estate investment strategies for properties like this home at 531 S Wabash Ave Kokomo, IN 46901 with Property Intel by Whitepages.

Investment Potential for 531 S Wabash Ave

The property has a current estimated value of $123,897, which is 13% below the zip median, based on public records. It last sold on May 11, 2009. Projected long-term
is $17,400 annually ($1,450 per month) with a 87% occupancy rate.

Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 46901 zip code
 
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Owners & Occupancy for 531 S Wabash Ave

This property is owned by Carolyn J Helvie. Owner contact information includes 1 phone number.

Property Owners

Residence**********
Distance from Property**********

Property Ownership Information

Purchase DateMay 11, 2009
Property Tax Amount$99 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************
Resident 2**************** age 80

Property Details for 531 S Wabash Ave

Property Details

Property Sq Ft

Living Area

1,608 sq ft

Compare to 46901

Lot Size

6,599 sq ft

Compare to 46901

Price Per Sq Ft

Living Area

$77 / sq ft

Compare to 46901

Lot Size Area

$19 / sq ft

Compare to 46901
Property condition, age, exterior, etc. for 531 S Waba…
Longitude: -86.140631 Latitude: 40.481143 Parcel Number (APN): 34-03-36-328-029.000-002…
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Market Benchmarks

Compare data for 531 S Wabash Ave in Howard County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$123,897
$209,089
-$85,192 (-41%)
$310,205
-$57,295 (-18%)
YoY Price Change
3.01%
-70%
Year Built
1909
1972
-63 years
Living Space
1,608 sq ft
1,582 sq ft
26 (2%)
$ Per Living Sq Ft
$77
$136
-$59 (-44%)
Lot Size
6,599 sq ft
12,807 sq ft
-6208 (-48%)
$ Per Lot Sq Ft
$19
$19
$0 (-2%)

Net Operating Income
$14,155
-$93 (-1%)
Annual Revenue
$17,400
$19,800
-$2,400 (-12%)
$5,253
-$1,915 (-36%)
Net Operating Income
$14,155
-$93 (-1%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians