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$385,000

3045 E State Road 8 Albion, IN  46701-9743

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Property Description for 3045 E State Road 8 Albion, IN 46701-9743

Former Lake House restaurant located on Skinner Lake in Noble County. Property includes the restaurant and equipment (As-is) along with 6 rented mobile home properties.

Address:3045 E State Road 8 Albion IN 46701-9743
Status:Active
on site: 584 days
Price:$385,000
Bathrooms:0
Year Built:1950
Lot Size:0.84
County: Noble County
Township: Jefferson
MLS #:202124554
Property Type:Restaurant/Bar

Lot Dimensions:Varies, 150 front feet on Skinner Lake
Directions:Take Lima Road (SR3) north and turn west on SR8 in Noble County. Property is on north side of SR8 about 5 miles from SR3/SR8 intersection
Basement:No

Loan Price
$2,295
Price And Interest $2,008/month
Property Tax $127/month
MTG INS $0/month
HOME INS $160/month
Price
$385,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$127/month
Home Owner Insurance
$1,920 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
Den 1 x 2115 Info Not Available

Semi-Annual Property Tax:$760
Tax Year:2020
Mandatory HOA Fee:$

City:Albion
Subdivision: None
Zip Code:46701-9743

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 3045 E State Road 8 Albion, IN  46701-9743


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Listing provided courtesy of Greg Conkling with North Eastern Group Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for 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 broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Albion Market Report

90
Avg. DOM
$197.24
Avg. $ / Sq.Ft.
$ 219,900
Med. List Price

The house prices in Albion are indeed dropping at the moment. There has been a decrease in price of $40,795.00. 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 Albion are going Down. The average house price is $264,952.50 and the average price per square feet is $159.20 per square feet. At the moment, the amount of homes listed is exactly 70 houses, with 12 with active status, 8 with pending status and 50 sold in Albion .

The most popular place to buy a home in Albion is . 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 Albion .

The average amount of property taxes you would have to pay for a home in Albion is $1,733.75. 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 Albion are staying listed for an average of 56 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 Albion was 4250 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Albion is $899,900.00. 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 Albion is $125,000.00 . 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 Albion in year 1875 and the newest built house is in year 2017.

The average size of properties in Albion is 2094.92 sq.ft. , the biggest one being 5130 sq.ft. and the smaller being 960 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.