NOT LISTED FOR SALE

2900 2906 Jerrald Dr Newburgh, IN 47630

Estimated Value: $222,000 - $299,000

6 Beds
2 Baths
2,080 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $205,000 $99 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,529/month

3 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Patio
  • John H. Castle Elementary School Rated A-
  • Eat-In Kitchen
  • Laundry in Utility Room

About This Home

As of November 2023

One story Duplex, to be sold "AS IS", one side is vacant and other side is rented. Each side has 1040sqft with: 3 bedrooms, 1 full bath, eat-in kitchen, family room, laundry room, back patio area, and a one car garage. Kitchen appliances are included. Corner lot. Right side is vacant and ready to rent out, or new owner can live there! Leased unit pays $850/mo, lease ends April 2024. Owner pays mowing, insurance, taxes; tenant pays utilities.

Last Agent to Sell the Property

Donovan Wilkins

RE/MAX REVOLUTION Brokerage Phone: 812-430-4851 Listed on: 11/03/2023

RE/MAX REVOLUTION

Last Buyer's Agent

Donovan Wilkins

RE/MAX REVOLUTION Brokerage Phone: 812-430-4851 Listed on: 11/03/2023

RE/MAX REVOLUTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1991

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 121x100
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 87-12-14-302-065.000-019

Community Details

Overview

  • 2 Units
  • Carter Heights Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1991
  • Age: 32
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 65 CARTER HEIGHTS SUB SEC B
  • Parcel Number ID: 87-12-14-302-065.000-019
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Patio Open, Water Heater Gas
  • Sp Lp Percent: 113.89
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2080
  • Total Finished Sq Ft: 2080
  • Above Grade Finished Sq Ft: 2080
  • Price Per Sq Ft: 98.56
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1000
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 121x100
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28

Rental Info

  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2136

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
Nov 3, 2023
Closed on
Nov 10, 2023
Sold by
Worman Properties Llc
Bought by
Kz Realty Llc
Seller's Agent
Donovan Wilkins
RE/MAX REVOLUTION
Buyer's Agent
Donovan Wilkins
RE/MAX REVOLUTION
List Price
$180,000
Sold Price
$205,000
Premium/Discount to List
$25,000
13.89%
Views
67
Current Estimated Value
$257,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,142
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Apr 5, 2012
Sold by
John & Brenda Worman Llc
Bought by
Worman Brenda L
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
Kz Realty Llc $205,000 None Listed On Document
Worman Brenda L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kz Realty Llc $156,094
Previous Owner Worman Properties Llc $125,000
Previous Owner Worman Properties Llc $102,714
Previous Owner Worman Brenda L $114,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $205,000 +13.9% $99 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $180,000 -- $87 / 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 $2,046 $142,700 $19,100 $123,600
2023 $2,123 $142,700 $19,100 $123,600
2022 $2,082 $142,700 $19,100 $123,600
2021 $2,205 $140,100 $21,000 $119,100
2020 $2,158 $129,700 $19,100 $110,600
2019 $2,209 $129,700 $19,100 $110,600
2018 $2,118 $129,700 $19,100 $110,600
2017 $1,298 $129,700 $19,100 $110,600
2016 $1,291 $129,700 $19,100 $110,600
2014 $1,199 $129,700 $19,100 $110,600
2013 $1,211 $133,900 $19,100 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340599

Indiana Regional MLS

APN: 87-12-14-302-065.000-019