NOT LISTED FOR SALE

2366 State Route 261 Newburgh, IN 47630

Estimated Value: $500,000 - $688,246

1 Bed
2 Baths
2,560 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 19, 2014

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

Est. 212% increase in value since last sale

Current estimated payment $3,690/month

334 Days on Market

Highlights

  • Barn
  • Access To Lake
  • Partially Wooded Lot
  • John H. Castle Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

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%
Total Days on Market
334
Current Estimated Value
$585,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,749
Avg. Annual Appreciation
11.42%
Original Mortgage
$150,400
Outstanding Balance
$48,323
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$585,882

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

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Range of Values:

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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

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Map

Source: Indiana Regional MLS

MLS Number: 815191

Indiana Regional MLS

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