NOT LISTED FOR SALE

520 W State St Unit Albany Albany, IN 47320

Albany Neighborhood

Estimated Value: $55,000 - $97,653

2 Beds
2 Baths
1,567 Sq Ft
$46/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $47,000 $30 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $493/month

1 Day on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • 5-minute walk to Lions Park
  • Delta High School Rated A-

About This Home

As of April 2022

Great opportunity for an investment property that is currently generating income.

Last Agent to Sell the Property

Paul Faddis

Tarter Realty, Auction & Appraisals Co Listed on: 01/18/2022

Last Buyer's Agent

Curtis Cunningham

Wagner Auctioneering & Real Estate License #RB14042242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 71 x 195

Home Design

  • Duplex
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,567 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Additional Features

  • Covered patio or porch
  • Separate Meters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,110

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 520 W State St
  • Second Address Number: 520
  • Estimated Year Built: 1900
  • Directions: Hwy 27 North.East Hwy 28 to Albany. Hwy 28 becomes SR 67.
  • Geo Address Line: 520 W State St
  • Geo Longitude: -85.242624
  • Geo Primary City: Albany
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Number One Bed Units: 1
  • Number Two Bed Units: 1
  • Split Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Price Per S Q F T: 29.99
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Crawl
  • Porch/Deck Type: Covered, Porch

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2022-02-07
  • Estimated Number Acres: 0.31
  • Land Contract: No
  • Lot Size: 71 x 195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Apr 12, 2022
Sold by
Joachim Comfort Homes Llc
Bought by
Four Pillar Properties Llc
Seller's Agent
Paul Faddis
Tarter Realty, Auction & Appraisals Co
Buyer's Agent
Curtis Cunningham
Wagner Auctioneering & Real Estate
List Price
$52,900
Sold Price
$47,000
Premium/Discount to List
-$5,900
-11.15%
Current Estimated Value
$72,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,163
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Jan 30, 2017
Sold by
Gene Jaochim
Bought by
Joachim Comfort Homes Llc

Purchase Details

Closed on
Dec 4, 2015
Sold by
John Angela D St
Bought by
John Rex H St

Purchase Details

Closed on
Dec 2, 2015
Sold by
John Rex H St
Bought by
Gene Joachim

Purchase Details

Closed on
Feb 18, 2005
Sold by
Sliger James and Sliger Kathy
Bought by
St John Rex H and St John Angla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Four Pillar Properties Llc $47,000 Wesley James R
Joachim Comfort Homes Llc -- --
John Rex H St -- Rocleet Title
Gene Joachim -- Rocleet Title
St John Rex H -- None Available
Sliger James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neighborhood Restoration Group $42,700
Previous Owner Stjohn Rex H $30,500
Previous Owner Sliger James $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $47,000 -11.2% $30 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $52,900 -- $34 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,110 $55,000 $10,500 $44,500
2023 $1,113 $55,000 $10,500 $44,500
2022 $1,123 $55,500 $10,500 $45,000
2021 $1,045 $51,600 $10,500 $41,100
2020 $1,046 $51,600 $10,500 $41,100
2019 $822 $40,400 $8,100 $32,300
2018 $821 $40,400 $8,100 $32,300
2017 $805 $39,600 $7,700 $31,900
2016 $768 $37,800 $7,400 $30,400
2014 $875 $43,200 $8,600 $34,600
2013 -- $42,800 $8,600 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10043081

APN: 18-08-02-264-005.000-005