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(SOLD) $249,900

740 E State Street Albany, IN  47320

Property Description for 740 E State Street Albany, IN 47320

4 unit property available! There are 2 units with 2 bedrooms/1 bath and 2 units with 1 bedroom/1 bath. Unit 1 is currently vacant and being advertised for rent. Unit 2 is rented at $695 a month, $695 deposit, and lease ends 4-30-25. Unit 3 is rented at $650 a month, $650 deposit, and lease ends 5-30-25. Unit 4 is rented at $650 a month, $650 deposit, and lease ends 7-30-24. Tenants pay gas and electric. Owner pays W/T/S. Each unit has a washer/dryer hookup. Add this fantastic property to your portfolio today! Possible package deal with: 1617 W 10th St Muncie (Coming soon 7/22) 1712 W 7th St Muncie 1632 W 17th St Anderson 2309 Nichol Ave Anderson

Address:740 E State Street Albany IN 47320
Status:Sold
Sold On: 9/27/2024
Price:$249,900
Bathrooms:0
Year Built:1890
Lot Size:0.26
County: Delaware
Township: Delaware
MLS #:21990912
Property Type:Fourplex

Lot Dimensions:11500
Road Access:Not Applic
Building Utilities:Separate Gas Meter, Sewer, Water
Directions:GPS Friendly
Basement:Yes

Loan Price
$1,632
Price And Interest $1,304/month
Property Tax $224/month
MTG INS $0/month
HOME INS $104/month
Price
$249,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$224/month
Home Owner Insurance
$1,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,341
Tax Year:2023
Mandatory HOA Fee:$

Area: 1806 - Delaware - Delaware
City:Albany
Subdivision: No Subdivision
Zip Code:47320

Cool:Central Electric
Heat:Forced Air, Gas
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Heather Clemmons with Starr Real Estate LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Albany Market Report

167
Avg. DOM
$107.34
Avg. $ / Sq.Ft.
$ 123,450
Med. List Price

The house prices in Albany are not dropping at the moment. There has been a increase in price of $221,342.86. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Albany are going Up. The average house price is $127,000.00 and the average price per square feet is $113.72 per square feet. At the moment, the amount of homes listed is exactly 50 houses, with 9 with active status, 8 with pending status and 33 sold in Albany .

The most popular place to buy a home in Albany is 1806 - Delaware - Delaware. 1806 - Delaware - Delaware is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Albany .

The average amount of property taxes you would have to pay for a home in Albany is $1,479.59. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Albany are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Albany was 2688 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Albany is $925,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Albany is $43,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Albany in year 1880 and the newest built house is in year 1974.

The average size of properties in Albany is 1968.44 sq.ft. , the biggest one being 5797 sq.ft. and the smaller being 750 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.