5234 Council Ring Boulevard

Kokomo IN 46902

1040 sq. ft.

8843 sq. ft.

Single-Family

Last sold for $124,550

David Szymczak, last sold this property on 23 December 2025 after -37 days on market.

Overview

An updated three-bedroom, one-bath ranch nestled in the quiet, established Indian Heights neighborhood. This move-in ready home offers just over 1,000 square feet of comfortable living space with fresh interior paint throughout, new carpet in all bedrooms, and updated vinyl plank flooring in the living room and hallway. The bathroom has been tastefully updated, and new light fixtures add a modern touch throughout the home. A newer front door and brand-new storm door create a welcoming first impression, while the brand-new garage door and opener add both style and convenience. In addition to the three bedrooms, the home features a versatile bonus room that could serve as a second living area, a fourth bedroom, or a home office—perfect for adapting to your needs. Outside, enjoy a spacious fenced backyard with mature trees, ideal for entertaining, pets, or simply relaxing in a private setting. With central air, forced-air heating, and full utility hookups, this home combines comfort and functionality. Conveniently located near shopping, schools, and major roads, this property is an excellent choice for first-time buyers, those looking to downsize, or investors seeking a solid rental opportunity. Realtor has interest. **RENTAL PROPERTY ANALYSIS-(For informational purposes only, please do your own research) Purchase Price: $133,900 Monthly Rent: $1,250 ($15,000 annually) Property Taxes: $1,977 per year Insurance: $850 per year **Summary: At $1,250/month rent, this property produces strong returns: Gross yield: 11.2% Cap rate: 7.97% Cash flow: ~$221/month (after all expenses & loan) Cash-on-cash return: 7.9%

Features

3 bedrooms

1 bathroom

1 carspace

1 garage space

1040 sq. ft. floor area

8843 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Kokomo over the last 12 months, the estimated median property value of 5234 Council Ring Boulevard is $195k.

Median value

$195k

Estimated value range

$30k - $560k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Kokomo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5234 Council Ring Boulevard

2025

Sold

$124,550

23 Dec 2025 by David Szymczak, of Grand Realty Services

2015

Sold

$41,400

18 Nov 2015 by Kathy Owens, of cfd Realty, Inc

Happy sellers in Kokomo

We have insufficient information to provide an overview of customer satisfaction for Kokomo. Viewing the agent profiles, reviews and sales for Kokomo can provide insights for this location.