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1060 East State Street

1060 East State Street, Albany, IN 47320
House in Delaware
Sold Jul 14, 2020
$74,600
$73,641 by Fairway Independent Mtg Corp
Mortgage Due Jul 14, 2050
1060 East State Street has been categorized by the local assessors in Albany, IN as a residential type of property. The building on the property was first built in 1966 and is 58 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1060 East State Street has 1,084 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 20,000 ft and across the front of the lot is 9,000 ft. The area measurement of the land has been determined as 17,860 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 660 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1060 East State Street sold most recently in Jul 13, 2020 for a total of $74,600. If you work out the math, that's approximately a cost of $68.82 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $335 in taxes each year. 1060 East State Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,000. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $65,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 20,000
  • Lot Size Frontage Feet: 9,000
  • Total Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SW COR FRAC NE QTR 0.4100ACRES STR: 012111 IN: OUT:

Ownership

  • Current Owner : GOODMAN LORI ANN
  • Previous Owner : FRAME EUVA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 08-01-C- -011
  • Account Number: 08 01 252 015 000
  • District: 0002
  • Parcel: 18-08-01-252-015.000-004
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 40.3004
  • Longitude: -85.2258

    Address

  • Full Address: 1060 E State St
  • Address - House Number: 1060
  • 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: 1,084
  • Tax Year: 2023
  • Tax Amount: $335
  • Tax Rate Code Area: 4:DELAWARE

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 133,001
  • High Value: 169,563
  • Low Value: 96,440

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $108,641
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $73,641
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 14, 2050
  • Second Open Lien Mortgage Lender: INDIANA HOUSING AND COMMUNITY
  • Second Open Lien Mortgage Recording Date: Aug 19, 2022
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 19, 2052

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $15,000
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $65,000

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11775343860
  • Current Sale Price: $74,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R08478

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $73,641
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Albany



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Frequently Asked Questions

What neighborhood is 1060 East State Street located in?
The 1060 East State Street is a house located in the neighborhood of Delaware in Albany, Albany.
What is the average sales price for listings in 1060 East State Street?
The average sales price for units in 1060 East State Street is $0 currently.

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