Seller's Agent in 2023
Gelina Mascoe
F.C. TUCKER EMGE
(812) 465-2901
2 in this area
93 Total Sales
2477 Old Plank Rd Newburgh, IN 47630
Estimated Value: $273,000 - $353,000
3
Beds
1
Bath
2,226
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- 0.67 Acre Lot
- Ranch Style House
- Forced Air Heating and Cooling System
- John H. Castle Elementary School Rated A-
- 3 Car Attached Garage
About This Home
As of July 2023INVESTMENT PROPERTY!! Attention real estate investors! This is your chance to own a fantastic investment property in the highly sought-after area of Newburgh. This property has enormous potential and with some TLC, it could be transformed into a remarkable home. The property sits on a generous 0.67-acre lot and features three bedrooms and one full bath with the potential for a fourth unfinished owner suite. The property has a spacious living room, separate laundry area, and a large three-car detached garage. The roof is only four years old, and the furnace, water heater, and A/C are all newer, ensuring your investment will be in good hands for years to come. Although the water is off, the electricity is on, so you can get started on your renovations right away. Don't miss out on this incredible investment opportunity! The property will be sold as is/where is, with no contingencies, including financing and inspections. Act now and turn this property into the investment of a lifetime!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,336
Year Built
- Built in 1950
Lot Details
- 0.67 Acre Lot
Parking
- 3 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2,226 Sq Ft Home
- Dining Room with Fireplace
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Castle Elementary School
- Castle North Middle School
- Castle High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 87-12-14-200-038.000-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Jul 26, 2023
Sold by
Tolbert Johnathon
Bought by
Mado Real Estate Llc
Seller's Agent
Gelina Mascoe
F.C. TUCKER EMGE
Buyer's Agent
David Haire
F.C. TUCKER EMGE
List Price
$189,000
Sold Price
$120,000
Premium/Discount to List
-$69,000
-36.51%
Views
769
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,509
Avg. Annual Appreciation
51.52%
Purchase Details
Listed on
May 21, 2013
Closed on
Jul 19, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Tolbert Johnathon
Seller's Agent
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
List Price
$46,500
Sold Price
$52,000
Premium/Discount to List
$5,500
11.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Purchase Details
Closed on
Feb 14, 2013
Sold by
Grossman Brian A and Deacones Hospital Inc
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
Nov 1, 2008
Sold by
Durham Matthew L and Durham Carol J
Bought by
Grossman Brian A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,836
Interest Rate
6.09%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mado Real Estate Llc | $120,000 | None Listed On Document | |
| Tolbert Johnathon | -- | First Advantage Title | |
| Jpmorgan Chase Bank Na | $50,915 | None Available | |
| Grossman Brian A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grossman Brian A | $91,836 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $120,000 | -20.0% | $54 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | Price Changed | $150,000 | -13.8% | $67 / Sq Ft |
| 05/25/2023 05/25/23 | Price Changed | $174,000 | -2.8% | $78 / Sq Ft |
| 04/28/2023 04/28/23 | Price Changed | $179,000 | -5.3% | $80 / Sq Ft |
| 04/14/2023 04/14/23 | For Sale | $189,000 | 0.0% | $85 / Sq Ft |
| 04/13/2023 04/13/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | For Sale | $189,000 | +263.5% | $85 / Sq Ft |
| 07/19/2013 07/19/13 | Sold | $52,000 | +11.8% | $38 / Sq Ft |
| 07/03/2013 07/03/13 | Pending | -- | -- | -- |
| 05/21/2013 05/21/13 | For Sale | $46,500 | -- | $34 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,319 | $231,500 | $31,000 | $200,500 |
| 2023 | $3,581 | $240,700 | $31,000 | $209,700 |
| 2022 | $875 | $141,900 | $38,300 | $103,600 |
| 2021 | $654 | $113,500 | $30,600 | $82,900 |
| 2020 | $639 | $105,100 | $28,500 | $76,600 |
| 2019 | $581 | $94,500 | $23,000 | $71,500 |
| 2018 | $499 | $92,600 | $23,000 | $69,600 |
| 2017 | $467 | $89,800 | $23,000 | $66,800 |
| 2016 | $458 | $89,200 | $23,000 | $66,200 |
| 2014 | $411 | $91,100 | $23,000 | $68,100 |
| 2013 | $484 | $95,000 | $23,000 | $72,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gelina Mascoe
-
David Haire
Buyer's Agent in 2023
David Haire
F.C. TUCKER EMGE
(812) 455-1976
9 in this area
249 Total Sales
-
Rebecca Demastus
Seller's Agent in 2013
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
(812) 457-9345
16 in this area
343 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202310371
APN: 87-12-14-200-038.000-019
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