Skip to content

1709 N Lafountain

Kokomo, IN 46901

PendingListed Oct 13, 2026 · 5 days on market

Key facts

Beds
2
Baths
1 full
Living area
840 sqft
Lot
0.14 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
One
MLS #
22131250
County
Howard
Subdivision
No Subdivision

About this home

Opportunity knocks with this affordable investment property in Kokomo! Priced at just $15,000, this property is ready for a complete gut renovation and offers a blank canvas for investors, experienced rehabbers, or buyers looking for their next project. Bring your vision, plans, and contractor to transform this property into something new. Whether you're looking to renovate and resell or add to your investment portfolio, this is an opportunity to explore at an entry-level price point. The property is being sold as-is and will require a full renovation. Buyers should conduct their own due diligence regarding the property's condition prior to purchase. Don't miss the chance to turn this project into your next investment!

Description provided by the listing brokerage.

Interior

Interior features
Eat-in Kitchen
Rooms
5
Main-level bedrooms
2

Exterior

Construction
Aluminum Siding
Foundation
Block
Style
Ranch

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

School district
Kokomo School Corporation

Taxes

Estimated annual tax
$292 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$105per month, estimated
Principal and interest $76Property tax $24Insurance $5
20% · $3,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$15,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.