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1796 Marjorie Ln, Kokomo, IN, 46902

3beds
2baths
2,037sqft
$359,995
$177price/sqft
$2,468/moest. monthly cost
$98,720/yrincome needed

About This Home

This completed brand-new Arbor home in the Bivens Proper community in Kokomo offers the convenience of move-in-ready new construction, backed by a builder warranty and designed for comfort and efficiency. This popular Bradford ranch floor plan features an open-concept layout that seamlessly connects the kitchen and great room, creating an inviting space ideal for both everyday living and entertaining. The kitchen is centrally located and overlooks the main living area, while the adjacent dining space provides the perfect setting for family meals and gatherings. The private primary bedroom suite is situated at the rear of the home and offers a quiet retreat with a spacious walk-in closet and en-suite bath. Two additional main-level bedrooms and a full hall bath provide flexibility for family, guests, or a home office. Upstairs, a generous bonus room adds valuable versatile living space, ideal for a media room, playroom, hobby space, home office, or additional gathering area. Outdoor living is enhanced by both a spacious covered porch and patio, creating great spaces to relax and enjoy the outdoors. Bivens Proper in Kokomo is ideally located with quick access to shopping, dining, grocery stores, and everyday services, along with nearby routes including U.S. 31 and S.R. 22 for an easy commute. Residents enjoy peaceful surroundings with community ponds and well-maintained common areas, while being just minutes from local favorites like Kirkendall Nature Center, Highland Park Disc Golf Course, dog parks, and Kokomo Beach Family Aquatic Center. Learn more about this outstanding turn-key opportunity while it lasts!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Western Primary SchoolGrades K-24.7 mi
7/10
Western Middle SchoolGrades 6-84.7 mi
9/10
Western High SchoolGrades 9-124.5 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Vinyl With Brick

Other

  • Builder name: Arbor Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Electric Oven
  • Laundry features: Connections All,Main Level

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 10 x 12

Bedroom3

  • Level: Main
  • Area: 132
  • Dimensions: 11 x 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Level: Upper
  • Area: 315
  • Dimensions: 15 x 21

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Features

  • Attic Access,Double Vanity,Kitchen Island,Entrance Foyer,Eat-in Kitchen,Pantry,Walk-In Closet(s)
  • Attic: Access Only

Great Room

  • Level: Main
  • Area: 306
  • Dimensions: 18 x 17

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,037
  • Total interior livable area: 2,037 sqft

Kitchen

  • Level: Main
  • Area: 180
  • Dimensions: 15 x 12

Master Bedroom

  • Level: Main
  • Area: 234
  • Dimensions: 18 x 13

Property

Details

  • Parcel number: 340914201003000006
  • Horse amenities: None

Features

  • Levels: One Leveland + Loft
  • Stories: 1
  • Patio & porch: Covered,Patio

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,820$21,840
Home Insurance *$262$3,144
Property Taxes $200$2,400
Electricity $186$2,240
Total$2,468$29,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,617/yr
40% on housing$74,040/yr
45% on housing$65,813/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 46902$103
Howard County$86

vs Homes Sold Last Month

Median $/sqft

ZIP 46902$125
Howard County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Pending sale$354,995
2026-08-11Price change$354,995
2026-07-17Listed for sale$359,995

New Construction

AgentBritanny Deal
BrokerageRidgeline Realty, LLC

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