Check Availability

1040 East State Street

1040 East State Street, Albany, IN 47320
House in Delaware
Sold Sep 02, 2020
$208,300
$166,666 by Ruoff Mortgage Co Inc
Mortgage Due Sep 02, 2050
Sold Feb 08, 2016
$69,800
$55,860 by Michigan Mutual Inc
Mortgage
Local assessors in Albany, IN have categorized 1040 East State Street as a residential type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 23,087 square feet. The linear feet between the front and back of the lot was measured at 20,000 ft and the front of the lot was measured at 11,700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 East State Street has a total of 1,519 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 East State Street was last sold in Aug 28, 2020 for $208,300. According to our calculations, that's $137.13 per sqft. Prior to that sales transaction, the property was sold for $69,800 in Jan 28, 2016. Current property owners are expected to pay $1,519 in taxes per year. The property on 1040 East State Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $152,400. To break that down further, the land itself was valued at $18,600. While improvements to the property were assessed at a total of $133,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C-
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Depth Feet: 20,000
  • Lot Size Frontage Feet: 11,700
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,519
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SW COR FRAC NE QTR 0.5300ACRES STR: 012111 IN: OUT:

Ownership

  • Current Owner : SCROGGINS BRAD LENARD
  • Current Owner 2: DAVIS JESSICA RENEE
  • Previous Owner : KANE SHONDA
  • Owner Before Previous Owner: COFFELT RICHARD A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Delaware Community School Corporation
  • Census Tract: 002700

Geography

  • Assessors Map Reference: 08-01-C- -010
  • Account Number: 08 01 252 014 000
  • District: 0002
  • Parcel: 18-08-01-252-014.000-005
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 40.3003
  • Longitude: -85.2261

    Address

  • Full Address: 1040 E State St
  • Address - House Number: 1040
  • Street Direction: E
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IN
  • City Name: Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 1352
  • Zip Code: 47320

Valuation

    Tax

  • Total Area: 1,519
  • Tax Year: 2023
  • Tax Amount: $1,519
  • Tax Rate Code Area: 5:ALBANY-D

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 258,844
  • High Value: 313,100
  • Low Value: 204,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,666
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $166,666
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 02, 2050

    Market Valuation

  • Market Total Value: $152,400
  • Market Land Value: $18,600
  • Market Improvement Value: $133,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,400
  • Assessed Land Value: $18,600
  • Assessed Improvements Value: $133,800

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11787518796
  • Current Sale Price: $208,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R11545
  • Previous Sale Recording Date: Feb 08, 2016
  • Previous Sale Contract Date: Jan 28, 2016
  • Previous Sale Amount: $69,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $166,666
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MICHIGAN MUTUAL INC
  • Previous Mortgage Transaction Date: Feb 08, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $55,860
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Albany



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1040 East State Street located in?
The 1040 East State Street is a house located in the neighborhood of Delaware in Albany, Albany.
What is the average sales price for listings in 1040 East State Street?
The average sales price for units in 1040 East State Street is $0 currently.

Quantcast