NOT LISTED FOR SALE

717 E State St Albany, IN 47320

4 Beds
4 Baths
2,401 Sq Ft
6,098 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $146,475 $61 Per Sq Ft

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Baseboard Heating
  • Delta High School Rated A-
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of October 2022

Great investment opportunity! Four 1-bedroom units with solid rental history. All one-story, off street parking located in Albany!

Last Agent to Sell the Property

Curtis Cunningham

Wagner Auctioneering and Real Estate Listed on: 08/25/2022

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1967

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,401 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 18-08-01-327-002.000-005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $903
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$814

Year Built

Built in 1967

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1967
  • Style: Quad-Level
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: A L CO ADD BLK 3 LOT 4-5
  • Parcel Number ID: 18-08-01-327-002.000-005
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2401
  • Total Finished Sq Ft: 2401
  • Above Grade Finished Sq Ft: 2401
  • Basement Foundation: Slab
  • Flooring: Ceramic Tile, Part Carpet
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 903
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 4
  • Number Water Meters: 1

Schools

  • Elementary School: Albany

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50X125
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 813.8

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $146,475 -8.4% $61 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $159,900 +280.7% $67 / Sq Ft
08/05/2015 08/05/15 Sold $42,000 -6.5% -- View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $44,900 -- --
Source: Indiana Regional MLS

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
2025 $818 $47,800 $5,400 $42,400
2024 $818 $40,400 $5,400 $35,000
2023 $826 $40,400 $5,400 $35,000
2022 $830 $40,700 $5,400 $35,300
2021 $814 $39,800 $5,400 $34,400
2020 $815 $39,800 $5,400 $34,400
2019 $814 $39,800 $5,400 $34,400
2018 $874 $42,900 $5,400 $37,500
2017 $866 $42,500 $5,400 $37,100
2016 $865 $42,500 $5,400 $37,100
2014 $1,659 $82,300 $5,400 $76,900
2013 -- $81,500 $5,400 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235580

Indiana Regional MLS
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