Looking for an affordable home in Kokomo, Indiana, with classic character and potential to make it your own? This property at 1004 E Wheeler Street was previously listed for $84,900 and offers a traditional two-bedroom layout with one bathroom and approximately 864 square feet of living space.
Built in 1920, the home features a simple single-story design that may appeal to first-time buyers, downsizers, or investors looking for a smaller property. Its compact layout provides space for everyday living without the upkeep of a larger house.
Inside, hardwood flooring adds character and a timeless touch. The home includes two bedrooms, one full bathroom, and a practical living area. A dedicated laundry hookup area provides added convenience, while the forced-air heating system supports year-round comfort. Buyers should verify the condition of the heating and cooling systems and determine whether any updates are needed.
The property sits on a lot measuring approximately 5,227 square feet, offering outdoor space for gardening, landscaping, or creating a small seating area. The home has a crawl-space foundation and an asphalt roof, and there is no dedicated parking listed. Prospective buyers should inspect the foundation, roof, plumbing, electrical system, and other major components before committing to a purchase.
Located in an established part of Kokomo, the property provides access to local shopping, schools, restaurants, and other everyday services. Public records indicate annual property taxes of approximately $1,260, although buyers should confirm the latest tax information and any applicable charges.
For investors, the home’s two-bedroom configuration may be worth evaluating for long-term rental potential. However, any purchase decision should take into account the property’s current condition, repair expenses, insurance, taxes, and local rental demand.
Important listing update: Zillow currently marks this property as off market. Its most recent advertised price was $84,900, and the listing was removed in March 2026. Buyers should confirm whether the home is available again before making plans.
This Kokomo property may be worth considering for anyone searching for a modest older home with hardwood flooring and room to personalize. A professional inspection and careful review of renovation costs are essential before purchasing.
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