NOT LISTED FOR SALE

437 W State St Albany, IN 47320

Estimated Value: $99,000 - $238,000

2 Beds
1.5 Baths
1,600 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $145,000 $91 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $957/month

138 Days on Market

Highlights

  • Corner Lot
  • Workshop
  • Eat-In Kitchen
  • Delta High School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Lions Park

About This Home

As of October 2020

Here you will find a unique property with lots of character awaiting a new owner. This is your chance to purchase a beautifully restored home in the small town of Albany. You will love the 11' ceilings with the nice crown molding, good lighting, hardwood floors and upscale kitchen area. The bathroom was completely updated by Richards Kitchen & Bath. The HVAC systems are updated and the 2-car garage is huge and even offers a shop area with a paint room and a half bathroom. The utility bills are very affordable and there is plenty of off road parking on the west side of the property. The home is located 20 minutes from downtown Muncie, 1-hour from Indianapolis, 1 hour & 15 minutes from Fort Wayne, and 1 hour & 30 minutes from the Indianapolis International Airport. You won't find a nicer remodeled home around.

Last Agent to Sell the Property

Jerrett Flesher

Flesher Brothers Auctioneering and Real Estate Inc Listed on: 06/10/2020

Last Buyer's Agent

Lindsey Nickens

PPG Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1925

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Workshop
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Schools

  • Albany Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18-08-02-426-001.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,175

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 95
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: MURPHY AD 0.00 ACRES
  • Parcel Number ID: 18-08-02-426-001.000-005
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Ceiling-9+, Countertops-Laminate, Crown Molding, Dryer Hook Up Electric, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Kitchen Island, Landscaped, Range/Oven Hook Up Elec, Stand Up Shower, Workshop, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry
  • Sp Lp Percent: 93.61
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1600
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Price Per Sq Ft: 90.63
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 27x12, On Level: Main
  • Kitchen: Dimensions: 15x17, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Other Room1: Dimensions: 20x10, On Level: Main
  • Other Room 2: Dimensions: 17x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 50x29
  • Garage Sq Ft: 1450
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx8, On Level: 8

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Albany
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Albany

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50 X 130
  • Estimated Lot Sq Ft: 6499
  • Estimated Lot Size Acres: 0.1492

Tax Info

  • Annual Taxes: 1175

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Oct 27, 2020
Sold by
Ritchey Douglas A and Ritchey Betty L
Bought by
Couch Bruce E
Seller's Agent
Jerrett Flesher
Flesher Brothers Auctioneering and Real Estate Inc
Buyer's Agent
Lindsey Nickens
PPG Real Estate LLC
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$157,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,810
Avg. Annual Appreciation
1.72%
Original Mortgage
$118,900
Outstanding Balance
$105,994
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,816

Purchase Details

Closed on
Sep 7, 2017
Sold by
Kea Llc
Bought by
Ritchey Douglas A and Ritchey Betty L

Purchase Details

Closed on
May 2, 2005
Sold by
Orrick Jack and Orrick Deedree
Bought by
K E A Llc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Couch Bruce E -- Kickert Title Llc
Ritchey Douglas A -- --
K E A Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couch Bruce E $118,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $145,000 -6.4% $91 / Sq Ft
06/10/2020 06/10/20 For Sale $154,900 -- $97 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,449 $143,900 $7,500 $136,400
2023 $1,419 $145,500 $7,500 $138,000
2022 $1,495 $148,800 $7,500 $141,300
2021 $1,388 $137,800 $7,400 $130,400
2020 $1,113 $116,100 $6,100 $110,000
2019 $1,175 $129,200 $6,100 $123,100
2018 $1,264 $130,600 $6,100 $124,500
2017 $1,234 $163,900 $6,000 $157,900
2016 $3,476 $170,000 $6,000 $164,000
2014 $3,564 $162,300 $5,500 $156,800
2013 -- $147,900 $5,500 $142,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202021593

Indiana Regional MLS

APN: 18-08-02-426-001.000-005