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1240 Locke St

Kokomo, IN 46902

3 bd 2 ba 1,296 sqft Built 1910 Lot 5,227 sqft single_family
Most recent sale
$126,417
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2023 Sold $120,000 IRMLS
Jul 17, 2023 Listed $115,000 IRMLS
Jun 8, 2022 Sold $126,417 Public Record
May 4, 2022 Listed $99,000 MLS #202216360
Nov 2, 2007 Sold $81,795 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $73,900 $10,200 $84,100 $670
2022 $62,100 $7,800 $69,900 $464
2021 $48,100 $7,800 $55,900 $352
2020 $40,900 $7,800 $48,700 $282
2019 $37,600 $8,200 $45,800 $254
2018 $37,600 $8,200 $45,800 $233
2017 $35,300 $8,200 $43,500 $228
2016 $35,900 $10,000 $45,900 $218
2015 $38,000 $10,000 $48,000 $230
2014 $38,000 $10,000 $48,000 $243
2013 $42,600 $10,000 $52,600 $251
2012 $47,700 $10,000 $57,700 $222
2011 $56,400 $7,300 $63,700 $250
2010 $59,200 $7,700 $66,900 $184
2009 $48,400 $7,700 $56,100 $157
2008 $51,200 $8,200 $59,400 $1,636

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
5,227 sqft
ZIP code
46902
City
Kokomo
Street
Locke St
Coordinates
40.47225, -86.12178

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$759
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1240 Locke St last sell?
1240 Locke St most recently sold on Jun 8, 2022 for $126,417.
What is the current tax assessment for 1240 Locke St?
The most recent total assessment for 1240 Locke St (year 2024) is $84,100 with $670 in property tax.
How does 1240 Locke St's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $126,417.
When was 1240 Locke St built?
1240 Locke St was built in 1910.
How does 1240 Locke St compare to others on Locke St?
We track 8 other properties on Locke St. Browse the list under "Other properties on Locke St" to compare beds, baths, and sale history.
What are the property facts for 1240 Locke St?
1240 Locke St is a 3 bed, 2 bath, 1,296 sqft, 5,227 sqft lot single_family.
Is 1240 Locke St a flip candidate?
No — 1240 Locke St does not appear in our flips dataset.
Is 1240 Locke St a tax-appeal candidate?
No — 1240 Locke St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.5%
Implied 1-yr
+22.2%
2026 Q3
$400.4K
2026 Q4
$400.4K
ZIP 46902 — Median Price History + Forecast

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