740 E State St

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Description

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...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
  1. Listed by Heather Clemmons • Starr Real Estate LLC • propertieswithheather@gmail.com

Property Details for 740 East State Street

Subdivision Name
No Subdivision
Township
Delaware
LISTING UPDATED: 09/17/2024 02:31 PM

Property Details for 740 East State Street

StatusClosed
MLS #21990912
Days on Market18
Taxes$1,341 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1890
Lot Size0.26 AC / 11,325 SF
CountyDelaware County

Location

Listing Courtesy of Starr Real Estate LLC

Sold By Starr Real Estate LLC

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Building Information for 740 East State Street

Stories-Residences4Year Built1890Building Size-Lot Size0.26 AC / 11,325 SF

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$1,469 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,245

Property Taxes

$224

HOA Dues

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Property Information for 740 East State Street

Summary
Location and General Information
  • City: Albany
  • County Or Parish: Delaware
  • Directions: GPS Friendly
  • Postal Code: 47320
  • Postal Code Plus4: 1295
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 180801186010000005
  • Semi Annual Property Tax Amt: 1341
  • Tax Year: 2023
  • TaxLot: 5-6
School Information
  • School District: Delaware Community School Corp
Owner
  • Owner Pays: Taxes, Sewer, Trash Collection, Water
Parking
  • Garage Spaces: 4.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 11500.0
  • Lot Size Acres: 0.26
  • New Construction: False
  • Stories: 2
  • Structure Type: Quadruplex
  • Year Built Numeric: 1890
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • Legal Subdivision: Albany L Co Sub 0.0000Acres Str: 012111 In: 5-6 Out:
  • Photos Count: 35
  • Property Attached: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Separate Gas Meter,Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Levels: Two
  • Laundry Features: Connections All
Multi Family
Multi-Family Information
  • Total Units: 4
Income & Expenses
  • Expenses: 2700
  • Gross Income: $23,940.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: Electricity, Gas

Property History for 740 East State Street

DateEvent & SourcePriceAppreciation
Sep 17, 2024

Sold

MIBORMLS #21990912

$249,900—
Sep 17, 2024

Sold

Indiana Regional MLS #202426370

$249,900—
Aug 2, 2024

Pending

MIBORMLS #21990912

—
DateEvent & SourcePrice
09/17/2024

Sold

MIBORMLS #21990912

$249,900
09/17/2024

Sold

Indiana Regional MLS #202426370

$249,900
08/02/2024

Pending

MIBORMLS #21990912

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For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 740 East State Street

Taxable ValueLand$9,900Additions$153,800Total$163,700
Tax Record2025$3,285 ($274 / month)
Home Facts
Baths4Total Finished SqFt2,650 SqFtAbove Grade Finished SqFt2,650 SqFtStories2Lot Size11,500 SqFtStyleSingle Family ResidenceYear Built1890CountyDELAWAREAPN18-08-01-186-010.000-005

Schools near 740 East State Street

This home is within Delaware Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Albany Elementary School
PublicK to 5

Delta Middle School
Public6 to 8

Delta High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Starr Real Estate LLC

Based on information submitted to the MLS GRID as of 09/17/2024 02:31 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.