NOT LISTED FOR SALE

2366 State Route 261 Newburgh, IN 47630

Estimated Value: $516,000 - $603,695

1 Bed
2 Baths
2,560 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 19, 2014

Last sale price $188,000 $73 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $3,378/month

334 Days on Market

Highlights

  • Barn
  • Access To Lake
  • Ranch Style House
  • John H. Castle Elementary School Rated A-
  • 2.4 Acre Lot
  • Partially Wooded Lot

About This Home

As of March 2014

Unique property zoned RO/residential /office/ on 2.408 acres. This unique pole barn home has ceiling height of 10.5 feet. This awesome home has 1 bedroom, large living room, kitchen and a full bath. From the kitchen you walk into a 1640 sq. ft. recreational room with heat/air. There is two garage doors that are 8 ft. tall, plus gas fireplace, and wired for surround sound. Great place for home office, plus recreational area for entertaining. There is a large patio in the back which overlooks the acreage plus a lake. The property runs all the way back to Lakeridge Crossing. There is a large unique barn that has a new roof. Front of the property is professionally landscaped plus there is a 16 x 24 garage with covered porch. Property is on city water/septic. Property would be great for a nursery, the place to have weddings, day care center for children, photo studio, or for a man or woman that wants everything including a man cave. As Is

Last Agent to Sell the Property

David Talley

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/20/2013

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Julie Bosma

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1992

Lot Details

  • 2.4 Acre Lot
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Gas Log Fireplace
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Patio

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 87-12-13-104-002.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1992
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Parcel 1AA Pfender-King Minor Sub
  • Parcel Number ID: 87-12-13-104-002.000-019
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Closet(s) Walk-in, Crown Molding, Disposal, Landscaped, Patio Open
  • Sp Lp Percent: 89.95
  • Special Features: None

Interior Features

  • Total Sq Ft: 2560
  • Total Finished Sq Ft: 2560
  • Above Grade Finished Sq Ft: 2560
  • Price Per Sq Ft: 73.44
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Gas Log
  • Flooring: Concrete, Tile
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 12x15, On Level: Main
  • Bedroom 1: On Level: Main
  • Bedroom 2: Dimensions: 15x19, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Outbuilding1: Barn
  • Water Features: Walk to Lake Access

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Estimated Lot Sq Ft: 104544
  • Estimated Lot Size Acres: 2.4

Tax Info

  • Annual Taxes: 2207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 19, 2014
Sold by
Rush Lisa M
Bought by
Davis Richard G and Davis Barbara J
Seller's Agent
David Talley
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Julie Bosma
ERA FIRST ADVANTAGE REALTY, INC
List Price
$209,000
Sold Price
$188,000
Premium/Discount to List
-$21,000
-10.05%
Current Estimated Value
$558,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,898
Avg. Annual Appreciation
10.06%
Original Mortgage
$150,400
Outstanding Balance
$48,323
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$520,492

Purchase Details

Closed on
Jun 4, 2009
Sold by
Rush Lisa M
Bought by
State Of Indiana

Purchase Details

Closed on
Nov 20, 2006
Sold by
Will Kenneth L and Will Michele L
Bought by
Rush Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,700
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Davis Richard G -- None Available
State Of Indiana $3,550 None Available
Rush Lisa M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Richard G $150,400
Previous Owner Rush Lisa M $120,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2014 03/19/14 Sold $188,000 -10.0% $73 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
02/20/2013 02/20/13 For Sale $209,000 -- $82 / Sq Ft
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 $4,971 $564,900 $82,400 $482,500
2023 $6,117 $623,300 $159,500 $463,800
2022 $5,346 $558,900 $78,200 $480,700
2021 $4,513 $447,100 $62,600 $384,500
2020 $4,423 $414,000 $57,700 $356,300
2019 $4,437 $409,500 $57,700 $351,800
2018 $4,200 $399,200 $57,700 $341,500
2017 $4,099 $391,800 $57,700 $334,100
2016 $4,109 $393,000 $57,700 $335,300
2014 $2,306 $210,300 $43,300 $167,000
2013 $3,158 $212,100 $43,300 $168,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Talley

    ERA FIRST ADVANTAGE REALTY, INC

    Section Image
  • Julie Bosma

    Buyer's Agent in 2014

    Julie Bosma

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-6968

    61 in this area

    289 Total Sales

    Julie Bosma
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 815191

Indiana Regional MLS

APN: 87-12-13-104-002.000-019

Indiana Warrick County Newburgh 47630

2366 State Route 261, Newburgh, IN

This home is located at 2366 State Route 261, Newburgh, IN 47630 since 20 February 2013 and is currently estimated at $558,898, approximately $218 per square foot. This property was built in 1992. 2366 State Route 261 is a home located in Warrick County with nearby schools including John H. Castle Elementary School, Castle North Middle School, and Castle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX 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. Information is deemed reliable but not guaranteed.

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