NOT LISTED FOR SALE

1955 Olde Mill Ct Newburgh, IN 47630

Estimated Value: $473,000 - $744,000

0.26 Acre
$2,305,723 Price per Acre
11,326 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $25,000

Est. 2,298% increase in value since last sale

Current estimated payment $3,913/month

112 Days on Market

About This Lot

As of June 2020

Great opportunity to custom build your home in the Olde Mill section of prestigious LakeRidge Crossing Subdivision, a luxury neighborhood community in a tranquil setting. LakeRidge has something for everyone, and offers community features including a clubhouse, pool, tennis courts, basketball courts, playgrounds, and walking paths. This community is a place rich with trees, and flourishing with waterscapes in nature’s back yard. Unlike typical developments, LakeRidge features architectural accents such as gazebos, brick marquees, winding sidewalks and street lights, and for those who like to golf, Rolling Hills Country Club is conveniently nearby.

Last Agent to Sell the Property

Carolyn McClintock

F.C. TUCKER EMGE Listed on: 02/18/2020

F.C. TUCKER EMGE

Last Buyer's Agent

Carolyn McClintock

F.C. TUCKER EMGE Listed on: 02/18/2020

F.C. TUCKER EMGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Year Built

  • 2021

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x155
  • Property fronts an easement
  • Finished Lot(s)

HOA Fees

  • $41 Monthly HOA Fees

Schools

  • Castle Elementary School
  • Castle North Middle School
  • Castle High School

Utilities

  • Heating System Uses Gas

Community Details

  • Lakeridge Crossing Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 87-12-12-308-140.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$411

Year Built

2021

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT LOT 140 LAKERIDGE CROSSING SEC C |
  • Parcel Number ID: 87-12-12-308-140.000-019
  • Platted: Yes
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 71.43
  • Parcel Description: Partially Wooded
  • Restrictions: Building Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Residential
  • Year Taxes Payable: 2020
  • Special Features: None
  • Year Built (Public Record): 2021

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Cable Company: DirectTV, Dish Network, WOW
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 495
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 75x155
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26
  • Easements: Yes
  • Improvements: Sidewalks, Storm Sewers

Tax Info

  • Annual Taxes: 411.38

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jun 12, 2020
Sold by
Yelamanchill Venkata S
Bought by
Dorazi Francesca J and Saiz Meza Sherida
Seller's Agent
Carolyn McClintock
F.C. TUCKER EMGE
Buyer's Agent
Carolyn McClintock
F.C. TUCKER EMGE
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Total Days on Market
112
Current Estimated Value
$599,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,488
Avg. Annual Appreciation
86.71%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Castle Glen Development Corporation
Bought by
Yelamanchili Venkata S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
Castle Glen Development Corp
Bought by
State Of Indiana
Source: Public Records

Range of Values:

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Average Value
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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
Dorazi Francesca J $25,000 Regional Title Services
Yelamanchili Venkata S -- None Available
State Of Indiana $38,525 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yelamanchili Venkata S $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $25,000 -28.6% --
06/09/2020 06/09/20 Pending -- -- --
05/25/2020 05/25/20 Price Changed $35,000 +17.1% --
02/18/2020 02/18/20 For Sale $29,900 -- --
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 $8,274 $577,000 $64,700 $512,300
2023 $8,508 $571,900 $25,800 $546,100
2022 $7,929 $543,500 $25,800 $517,700
2021 $554 $35,200 $35,200 $0
2020 $412 $25,400 $25,400 $0
2019 $411 $25,400 $25,400 $0
2018 $404 $25,400 $25,400 $0
2017 $402 $25,400 $25,400 $0
2016 $399 $25,400 $25,400 $0
2014 $408 $26,800 $26,800 $0
2013 $18 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005925

Indiana Regional MLS

APN: 87-12-12-308-140.000-019