720 W Monroe St, Kokomo, IN, 46901
About This Home
Attractive duplex on a corner lot! Each spacious 1,280 sq ft unit features 3 bedrooms, 1.5 bathrooms, large living and dining areas, and an equipped kitchen. Washer/dryer hookups are located in the private unfinished basements of each unit. The detached garage is currently used for owner storage and is not utilized by either tenant, but it can be used as an additional source of rental income upon new ownership! Tenants pay ALL utilities. Unit 718 is currently rented through September 2026 at $899/month, and 720 is leased through March 2027 at $745/month.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Foundation: Basement
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Flooring: Carpet,Mixed,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,560
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,840
- Total interior livable area: 2,560 sqft
Property
Details
- Parcel number: 340325385006.000002
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Lot size: 6,534 sqft
- Features: Corner Lot,Level
- Lot size dimensions: 60x110
Parking
- Total spaces: 2
- Parking features: Off Street,Off Street Parking
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
- Cold Wave
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $763 | $9,156 |
| Home Insurance * | $153 | $1,836 |
| Property Taxes | $205 | $2,460 |
| Electricity | $234 | $2,816 |
| Total | $1,355 | $16,260 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Listed for sale | $151,000 |
| 2020-05-20 | Listing removed | $630 |
| 2020-05-05 | Listed for rent | $630 |
| 2019-02-28 | Listing removed | $630 |
| 2019-02-13 | Listed for rent | $630 |
| 2017-03-02 | Listing removed | $675 |
| 2017-02-24 | Listed for rent | $675 |
| 2016-03-10 | Listing removed | $575 |
| 2016-03-08 | Listed for rent | $575 |
| 2014-11-21 | Listing removed | $575 |
| 2014-10-24 | Listed for rent | $575 |
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