0.12 Acres with Fixer Upper House in KOKOMO, IN – Owner Financing Available!

Close to schools and groceries! This property has a large house with trees and a couple of sheds ready for some handy owners! Not sure of the condition inside so it is sold “as is” of course.

Utilities like electric, water and sewer are already here. About 1 hour to Indy and just 5 minutes from Sycamore Stump & Old Ben. Walking distance from the American Legion Golf Course!

Walk down to Louie’s Coney Island some evening for a chili dog or two! Then go check out Kokomo Opalescent Glass. We are also offering Owner Financing on this house. Just send us a message if you are interested:)

Purchasing Options:

Seller Financing: $15,000.00. $1,500.00 down and $310.09 a month for 72 months. The total monthly payment includes: $263.93 of principal & interest, $20.00 loan servicing fee, $26.17 property taxes, and $0.00 HOA dues. There are no prepayment penalties!

** Monthly principal & interest of $263.93 based on a financed purchase price of $15,000.00 less the downpayment of $1,500.00 for a net amount financed of $13,500.00 that is payable over 72 of equal installments with an amortized interest rate of 12%.

Discounted Cash Price: $14,000.00.

Nearby Attractions:

Seiberling Mansion: The mansion was built by industrialist and entrepreneur Monroe Seiberling, who came to Kokomo during the Indiana gas boom of the late 19th century and built several large factories in the region. Seiberling became wealthy from his investments and decided to build a home befitting his wealth and position in the community. Construction on the mansion began in 1889 under the supervision of architect Arthur LaBelle of Marion. The home was finished in 1891, but the family only stayed a few years. Subsequent owners included Orange Darby, whose dry goods store was located in the building now occupied by Cook McDoogal’s Irish Pub; Reverend William Parr, the namesake of Parr Methodist Church, whose successful investments led to considerable wealth; and Franklin Miller, a prominent real estate developer and community leader. In 1914, Miller sold the mansion to George Kingston, a wealthy inventor and entrepreneur who developed the carburetor used in Henry Ford’s Model T. Kingston passed away in 1946 and Indiana University purchased the mansion from his estate, using it as the Kokomo branch of IU until 1964. After IUK moved to its new campus, the mansion sat empty for nearly seven years. In the early 1970s, Howard County officials were looking for a way to move the county museum out of the courthouse and claim the space for the growing needs of county government. They reached a long-term agreement with IU that turned control of the property over to the county for use as a museum. The mansion has since regained its Victorian elegance and is now a centerpiece of community pride, visited each year by thousands of people from across the country and around the world. The architecture of the house is a mixture of Neo-Jacobean (Queen Anne) and Romanesque Revival styles. Built at the height of the gas boom in Indiana, the house was originally heated and illuminated by natural gas. It includes eight rooms on the first floor, seven on the second, and a grand ballroom on the third floor with an entrance to the rotunda outside. The grand porch overlooks the grounds. The ornate interior woodwork and parquetry uses a variety of native woods, including walnut, oak, maple, cherry, mahogany and butternut. Moorish themes are featured in brass door knobs, plates, hinges, and sash lifts. Since 1972, the Seiberling Mansion has been listed on the National Register of Historic Places by the U.S. Department of Interior.

Grissom Air Museum: The Grissom Air Museum, near Peru, Indiana was founded in 1981, by seven prior service military personnel who lived in the area. The Heritage Museum Foundation (HMF) wanted to preserve aircraft that were currently located at Grissom Air Reserve Base, formerly Grissom Air Force Base. The HMF started the Grissom Air Museum in 1982 outside of what then was the main gate of Grissom Air Reserve Base. Prior to May 12, 1968, the base was known as Bunker Hill Air Force Base before it was renamed Grissom AFB in honor of Virgil I. “Gus” Grissom, Indiana native and the second American astronaut into space. He perished in the Apollo I fire on Jan. 27, 1967. Former home of the 305th Bomb Wing (BW) and the 319th Fighter Interceptor Squadron (FIS), and is now proud to be the home of the 434th Air Refueling Wing. The Grissom Air Museum currently offers 29 aircraft, and 4 trainers.

Conner Prairie: We are one of the largest attractions in the region and one of the most visited outdoor museums in the country. We have a long history of innovation that spans the fields of science, history, art, and nature. On our grounds, every guest has the opportunity to pursue fun and knowledge in a way that is tailored to them. In a time where meals are rushed and everyone is in a hurry to get to soccer practice or ballet class, we provide families with multi-generational opportunities to come together, interact and learn in new and unique ways in the heart of Indiana. Each and every day, we inspire curiosity and foster meaningful interaction with unique, engaging experiences that don’t exist anywhere else. Conner Prairie is Indiana’s first Smithsonian affiliate. Visitors to Smithsonian affiliates throughout the country may view major works of art, historic objects of flight, wonders of nature, icons of American history and other artifacts, artworks and scientific specimens from the Smithsonian’s national collections throughout the year.

Property Details:

NEAREST LARGE CITY: Indianapolis, IN – 1 hour
STATE: Indiana (IN)
COUNTY: Howard
ADDRESS: 1700 S COOPER ST, KOKOMO, IN 46902
SIZE: 0.12 Acres
APN(s): 34-10-06-434-001.000-002 / 0 / 0 / 0 / 0 / 0
GPS COORDINATES: 40.46682691,-86.11205253
PROPERTY ELEVATION: 820 feet above sea level
TAXES: No back taxes, approximately $ 314.00 per year total
HOA Dues: Approximately $0.00 per year total
ACCESS: Paved
ZONING: R-4 Residential
SEWER: Municipal Sewer
WATER: City Water
DISTANCE TO ELECTRIC: Along the road – Available
FEMA FLOOD ZONE: No
TERRAIN: Level
CONVEYANCE: Special Warranty Deed
TITLE: Free of Liens and Encumbrances
FSL ID: IN-HOW-TS0272