Listing courtesy of Harrold-Chandler Real Estate · Listing agent: Renee Chandler · reneeachandler@msn.com

Virtual tour
ActiveSite-Built Home

725 N Morrison Street

$85,000

$89.66 / sq ft

Est. $628/mo

Kokomo, IN 46901

  • Basement
Bedrooms
2
Bathrooms
1
Living area
948 sq ft
Lot
0.13 ac
Year built
1890
Type
Site-Built Home
Listed
June 26, 2026
MLS #
202625342

About this home

Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently occupied by a long-term tenant who takes exceptional care of the property. The tenant is on a month-to-month lease and is willing to sign a new lease, offering flexibility for both investors and owner-occupants. Situated on a spacious corner lot with a large yard, this home features a comfortable living room, formal dining room, and an eat-in kitchen with appliances included. A dedicated laundry room adds convenience, while the full basement provides abundant storage or additional usable space. A newer gas forced-air furnace offers added peace of mind and energy efficiency. Whether you're looking to add a turnkey rental to your portfolio or purchase a home with future flexibility, this property is one you won't want to miss!

Monthly payment estimate

$628/mo

Principal & interest
$465
Property taxes
$138
Homeowners insurance
$25
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
5
Total area
1,896 sq ft
Finished area above grade
948 sq ft
Unfinished area below grade
948 sq ft
Below grade total
948 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Full, Unfinished
Flooring
Carpet, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air
HVAC
High Efficiency Furnace
Laundry
Main Level
Interior features
Countertops-Laminate, Detector-Smoke, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry

Exterior & parking

Style
Bungalow
Construction
Stone, Fiber Cement
Roof
Asphalt, Shingle
Foundation
Stone
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot, 0-2.9999
Lot size (acres)
0.13 ac
Lot dimensions
50x120
Location type
City/Town/Suburb
County
Howard County
Township
Center
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Bon Air
Middle school
Central
High school
Kokomo
School district
Kokomo-Center Township Cons. S.D.

Taxes & terms

Annual taxes
$1,654
Tax year
2025
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
Subject to tenant's rights
Parcel number
34-03-25-385-008.000-002

Included in the sale

Included in sale
Refrigerator,Range-Gas,Water Heater Gas

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available
Electric provider
Duke Energy Indiana
Gas provider
NIPSCO
Water provider
Indiana American Water Co
Cable / internet provider
Comcast/Xfinity

Location

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