NOT LISTED FOR SALE

401 Middle St Newburgh, IN 47630

Estimated Value: $102,000 - $220,000

0.11 Acre
$1,473,927 Price per Acre
4,792 Sq Ft Lot

Last Sold December 18, 2024

Last sale price $24,000 $20 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $875/month

22 Days on Market

About This Lot

As of December 2024

Prime Downtown Newburgh Lot with Endless Potential! This spacious 50x102 lot, located in the heart of Newburgh, offers an incredible opportunity for development or investment. Nestled in an established neighborhood close to shopping, dining, and the scenic Newburgh Riverfront, the property features a concrete driveway and a versatile 20x12 building at the rear. Previously home to a residence, the lot is now cleared and ready for your vision. Interested parties should reach out to the Warrick County Area Plan Commission for zoning and property use details.

Last Agent to Sell the Property

Jerrod Eagleson

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-305-2732 Listed on: 11/11/2024

KELLER WILLIAMS CAPITAL REALTY

Co-Listed By

Kaitlyn Stevens

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-305-2732

Last Buyer's Agent

Christina Traweek

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Property Type

  • Land

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x102
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Newburgh Elementary School
  • Castle South Middle School
  • Castle High School

Additional Features

  • Shed
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-34-401-030.000-014

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 30 DICKERSON'S ENLG
  • Parcel Number ID: 87-12-34-401-030.000-014
  • Platted: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Asphalt
  • Parcel Description: Level
  • Restrictions: Easements
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Available
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Schools

  • Elementary School: Newburgh

Lot Info

  • Lot Dimensions: 50x102
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11
  • Easements: Yes
  • Land Features: Shed

Tax Info

  • Annual Taxes: 749

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 18, 2024
Sold by
Schaefer John J
Bought by
11 State Holdings Llc
Seller's Agent
Jerrod Eagleson
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Christina Traweek
KELLER WILLIAMS CAPITAL REALTY
List Price
$27,500
Sold Price
$24,000
Premium/Discount to List
-$3,500
-12.73%
Views
49
Current Estimated Value
$162,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,132
Avg. Annual Appreciation
575.55%

Purchase Details

Listed on
Oct 14, 2022
Closed on
Mar 10, 2023
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Schaefer John J
Seller's Agent
Benjamin Loney
RE/MAX Edge
Buyer's Agent
Kaitlyn Stevens
KELLER WILLIAMS CAPITAL REALTY
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%
Views
269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-65.35%
Original Mortgage
$150,350
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2022
Sold by
Lasher Richard J
Bought by
Indianapolis Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,337
Interest Rate
2.79%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2012
Sold by
Silkey Kenneth and Silkey Margaret B
Bought by
Lubbehusen Adam T and Lubbehusen Erin J

Purchase Details

Closed on
Jul 11, 2005
Sold by
United States Of America
Bought by
Lasher Richard J and Lasher Dona L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
11 State Holdings Llc -- None Listed On Document
11 State Holdings Llc -- None Listed On Document
Schaefer John J -- None Listed On Document
Indianapolis Real Estate Investments Llc $65,000 Eagle Land Title Llc
Indianapolis Real Estate Investments Llc $65,000 None Listed On Document
Lubbehusen Adam T -- None Available
Lasher Richard J -- None Available
Lasher Richard J $27,790 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaefer John J $150,350
Previous Owner Indianapolis Real Estate Investments Llc $114,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $24,000 -4.0% $20 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/29/2024 11/29/24 Price Changed $25,000 -9.1% $20 / Sq Ft
11/11/2024 11/11/24 For Sale $27,500 -82.3% $23 / Sq Ft
03/17/2023 03/17/23 Sold $155,000 -6.1% $124 / Sq Ft View Prior Sale
02/06/2023 02/06/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $165,000 -10.8% $132 / Sq Ft
11/15/2022 11/15/22 Price Changed $184,900 -7.5% $148 / Sq Ft
10/14/2022 10/14/22 For Sale $199,900 -- $160 / 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 $258 $52,600 $34,700 $17,900
2023 $749 $112,200 $34,700 $77,500
2022 $1,543 $80,400 $10,500 $69,900
2021 $1,289 $64,300 $8,100 $56,200
2020 $1,337 $66,700 $8,100 $58,600
2019 $1,283 $64,000 $8,100 $55,900
2018 $1,189 $59,300 $8,100 $51,200
2017 $1,147 $57,200 $8,100 $49,100
2016 $1,089 $54,300 $7,000 $47,300
2014 $1,186 $59,300 $8,300 $51,000
2013 $1,170 $59,800 $8,300 $51,500
Source: Public Records

Agents Affiliated with this Home

  • Jerrod Eagleson

    Seller's Agent in 2024

    Jerrod Eagleson

    KELLER WILLIAMS CAPITAL REALTY

    (812) 305-2732

    34 in this area

    428 Total Sales

    Jerrod Eagleson
    Section Image
  • Kaitlyn Stevens

    Seller Co-Listing Agent in 2024

    Kaitlyn Stevens

    KELLER WILLIAMS CAPITAL REALTY

    (812) 549-0949

    3 in this area

    14 Total Sales

    Kaitlyn Stevens
    Section Image
  • Christina Traweek

    Buyer's Agent in 2024

    Christina Traweek

    KELLER WILLIAMS CAPITAL REALTY

    (812) 604-2277

    22 in this area

    91 Total Sales

    Christina Traweek
    Section Image

  • B

    Seller's Agent in 2023

    Benjamin Loney

    RE/MAX

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202443674

Indiana Regional MLS

APN: 87-12-34-401-030.000-014

Indiana Warrick County Newburgh 47630

401 Middle St, Newburgh, IN

Not Listed for Sale

Lots

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