Welcome to 3231 Frances Lane. This charming home sits on a quiet street and offers a warm, inviting vibe from the moment you arrive. Inside, you'll find well-proportioned living spaces designed for both everyday living and easy entertaining. Natural light, a practical layout, and cozy touches make this home feel instantly livable, while still leaving room for your personal style. Outside, enjoy a manageable yard perfect for relaxing, gardening, or weekend get-togethers. Conveniently located near shopping, dining, and daily essentials, this home delivers simplicity, comfort, and value all in one. A great place to settle in and make your own.
Active
Price cut: $10K (2/18)
$179,900
3231 Frances Ln, Kokomo, IN 46902
3beds
1,247sqft
Est.:
Residential, Condominium
Built in 1999
-- sqft lot
$-- Zestimate®
$144/sqft
$120/mo HOA
What's special
Quiet streetNatural lightWell-proportioned living spacesPractical layoutCozy touches
- 21 days |
- 993 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2026 at 09:15am
Listing Provided by:
Mathew MacDonald 765-894-1432,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22082154
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13x15
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 3
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Laundry
- Level: Main
- Area: 25 Square Feet
- Dimensions: 5x5
Living room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Washer, Refrigerator, Dryer, Dishwasher, Range Hood
- Laundry: Laundry Room
Features
- Walk-In Closet(s)
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,247
- Total interior livable area: 1,247 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Free Standing
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: 340912404012000002
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Suburban
- Security: Smoke Detector(s)
- Subdivision: Rainbow Meadows
HOA
- Has HOA: Yes
- HOA fee: $120 monthly
Location
- Region: Kokomo
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $144,100
- Annual tax amount: $1,442
- Date on market: 2/18/2026
- Cumulative days on market: 23 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $179,900-5.3% |
Source:  IRMLS #202602628 Report a problem | ||
| 1/26/2026 | Listed for sale | $189,900+90.9% |
Source: IRMLS #202602628 Report a problem | ||
| 8/8/2000 | Sold | $99,500 |
Source: IRMLS #740123 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,329 +3.5% | $144,100 +8.4% |
| 2023 | $1,284 +17.9% | $132,900 +3.5% |
| 2022 | $1,089 +9.6% | $128,400 +17.9% |
| 2021 | $993 +8.1% | $108,900 +6.8% |
| 2020 | $919 +25.7% | $102,000 +3% |
| 2019 | $731 -4.4% | $99,000 +6.3% |
| 2018 | $765 +2.3% | $93,100 +0.1% |
| 2017 | $747 +34.6% | $93,000 -1.1% |
| 2016 | $555 -4.2% | $94,000 +11.4% |
| 2014 | $580 +3.6% | $84,400 -2% |
| 2013 | $560 +10.4% | $86,100 -6% |
| 2012 | $507 +9.3% | $91,600 +3.7% |
| 2011 | $464 -19.7% | $88,300 -4.6% |
| 2010 | $578 +17.7% | $92,600 -4.6% |
| 2009 | $491 -18% | $97,100 -6.8% |
| 2007 | $599 -56.8% | $104,200 -2.8% |
| 2006 | $1,386 | $107,200 +28.5% |
| 2005 | -- | $83,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,080/mo
Principal & interest
$851
HOA Fees
$120
Property taxes
$109
More affordability tools
Climate risks
Neighborhood: 46902
Nearby schools
GreatSchools rating
- 7/10Boulevard Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Maple Crest Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Kokomo High SchoolGrades: 9-12Distance: 1.3 mi
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