NOT LISTED FOR SALE

10233 Powers Dr Newburgh, IN 47630

Estimated Value: $484,000 - $1,311,225

2.33 Acres
$399,174 Price per Acre
101,495 Sq Ft Lot

Last Sold January 14, 2020

Last sale price $195,000

Est. 377% increase in value since last sale

Current estimated payment $6,183/month

66 Days on Market

Highlights

  • 134 Feet of Waterfront
  • Dock Rights
  • The river is a source of water for the property
  • Newburgh Elementary School Rated A-

About This Lot

As of January 2020

Have you thought about building your dream home on a river front lot in Newburgh but couldn't find one available?? Fret no more... RARE RIVERFRONT LOT IN DOWNTOWN NEWBURGH!! This is a unique opportunity to own a beautiful piece of property to build the house of your dreams! Imagine the tranquil views of the ever changing river. Not only are the views amazing, but you will have water access! Do not miss out on this 2.33 acres river front building lot! Come walk the property today!

Last Listed By

Jill Lucy

ERA FIRST ADVANTAGE REALTY, INC Listed on: 10/11/2019

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,964

Year Built

  • 2022

Lot Details

  • 2.33 Acre Lot
  • 134 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)
  • The community has rules related to zoning restrictions

Schools

  • Newburgh Elementary School
  • Castle South Middle School
  • Castle High School

Additional Features

  • Dock Rights
  • The river is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 87-15-05-205-001.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$2,964

Year Built

2022

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: LOT 1 BOYKEN SUB 2.329 A
  • Parcel Number ID: 87-15-05-205-001.000-019
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 85.15
  • Parcel Description: Slope, 0-2.9999, Waterfront-Medium Bank
  • Restrictions: Zoning Restrictions
  • Type of Sale: Private Seller
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2019
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Water Features: Boat Docking Rights
  • Water Frontage: 134
  • Water Name: Ohio River
  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Water Type: River
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Public

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Newburgh
  • Middle School: Castle South
  • High School: Castle
  • Elementary School: Newburgh

Lot Info

  • Lot Dimensions: 0 X 0
  • Estimated Lot Sq Ft: 101495
  • Estimated Lot Size Acres: 2.33
  • Easements: Yes

Tax Info

  • Annual Taxes: 2964

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Castle
  • Middle School: Castle South
  • School District: Warrick County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 13, 2020
Sold by
Miles Mark and Miles Rachael
Bought by
Knust Steve and Knust Karen
Seller's Agent
Jill Lucy
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Julie Bosma
ERA FIRST ADVANTAGE REALTY, INC
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%
Total Days on Market
66
Current Estimated Value
$930,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,075
Avg. Annual Appreciation
33.91%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Merten Properties Llc
Bought by
Miles Mark and Miles Rachael

Purchase Details

Closed on
May 13, 2014
Sold by
Boyken Billy E and Boyken Janet Rae
Bought by
Merten Properties Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knust Steve $195,000 First Advantage Title
Miles Mark -- Attorney
Merten Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Knust Steve $1,069,355
Closed Knust Steve $1,069,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $195,000 -14.8% --
12/16/2019 12/16/19 Pending -- -- --
12/11/2019 12/11/19 Price Changed $229,000 -2.6% --
10/11/2019 10/11/19 For Sale $235,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,310 $1,311,900 $191,300 $1,120,600
2023 $8,399 $906,000 $191,300 $714,700
2022 $2,150 $147,400 $147,400 $0
2021 $2,698 $171,400 $171,400 $0
2020 $3,022 $186,300 $186,300 $0
2019 $3,017 $186,300 $186,300 $0
2018 $2,964 $186,300 $186,300 $0
2017 $2,946 $186,300 $186,300 $0
2016 $2,928 $186,300 $186,300 $0
2014 $1,135 $74,500 $74,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201944942

Indiana Regional MLS

APN: 87-15-05-205-001.000-019