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2607 Sherman Dr

Kokomo, IN 46902

2 bd 2 ba 1,526 sqft Built 1954 Lot 8,276 sqft single_family
Most recent sale
$172,068
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $172,068 Public Record
Sep 7, 2022 Listed $144,900 MLS #202237195

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $137,500 $20,000 $157,500 $1,575
2022 $111,800 $19,900 $131,700 $540
2021 $86,900 $19,900 $106,800 $43
2018 $73,600 $22,800 $96,400 $5
2017 $72,500 $22,800 $95,300 $5
2016 $62,400 $22,800 $85,200 $5
2015 $63,800 $21,000 $84,800 $5
2008 $79,900 $18,900 $98,800 $152

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,526 sqft
Lot size
8,276 sqft
ZIP code
46902
City
Kokomo
Street
Sherman Dr
Coordinates
40.45532, -86.14208

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
$1,032
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2607 Sherman Dr last sell?
2607 Sherman Dr most recently sold on Oct 4, 2022 for $172,068.
What is the current tax assessment for 2607 Sherman Dr?
The most recent total assessment for 2607 Sherman Dr (year 2024) is $157,500 with $1,575 in property tax.
How does 2607 Sherman Dr's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $172,068.
When was 2607 Sherman Dr built?
2607 Sherman Dr was built in 1954.
How does 2607 Sherman Dr compare to others on Sherman Dr?
We track 3 other properties on Sherman Dr. Browse the list under "Other properties on Sherman Dr" to compare beds, baths, and sale history.
What are the property facts for 2607 Sherman Dr?
2607 Sherman Dr is a 2 bed, 2 bath, 1,526 sqft, 8,276 sqft lot single_family.
Is 2607 Sherman Dr a flip candidate?
No — 2607 Sherman Dr does not appear in our flips dataset.
Is 2607 Sherman Dr a tax-appeal candidate?
No — 2607 Sherman Dr 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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