NOT LISTED FOR SALE

4077 Pine Dr Newburgh, IN 47630

Estimated Value: $181,000 - $237,000

5 Beds
2.5 Baths
1,817 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $138,500 $76 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,282/month

71 Days on Market

Highlights

  • Fenced Yard
  • Laundry closet
  • Carpet
  • Sharon Elementary School Rated A
  • Central Air
  • 1-Story Property

About This Home

As of April 2021

Welcome to this tenant occupied brick ranch Newburgh duplex. This spacious investment property boasts over 1800 total square feet with 5 bedrooms and 2.5 bathrooms. The property also offers a carport and a great back yard with 3 separate storage buildings. One side offers 3 bedrooms and 1.5 bathrooms, while the other has 2 bedrooms and 1 full bathroom. Both tenants are currently renting on a month to month basis but have indicated their desire to stay in the property.

Last Agent to Sell the Property

Bryan Speer

F.C. TUCKER EMGE Listed on: 09/01/2020

F.C. TUCKER EMGE

Last Buyer's Agent

Bryan Speer

F.C. TUCKER EMGE Listed on: 09/01/2020

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 95x175
  • Fenced Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,817 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry closet
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for lawn maintenance, sewer, water
  • Assessor Parcel Number 87-12-26-103-032.000-019

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $1,900
  • Maintenance Expense $100
  • Water Sewer Expense $125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$878

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1968
  • Style: One Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 32 BROADVIEW SUB DIV SEC A
  • Parcel Number ID: 87-12-26-103-032.000-019
  • Platted: Yes
  • Amenities: Fenced Yard
  • Special Features: None

Interior Features

  • Total Sq Ft: 1817
  • Total Finished Sq Ft: 1817
  • Above Grade Finished Sq Ft: 1817
  • Basement: Yes
  • Flooring: Carpet
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1900
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 125
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 95x175
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Sewer, Water
  • Tenant Pays: Electric, Trash Collection

Tax Info

  • Annual Property Tax: 878.04

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Apr 2, 2021
Sold by
Mc Cos Properties Llc
Bought by
Ohio River Properties Llc
Seller's Agent
Bryan Speer
F.C. TUCKER EMGE
Buyer's Agent
Bryan Speer
F.C. TUCKER EMGE
List Price
$144,900
Sold Price
$138,500
Premium/Discount to List
-$6,400
-4.42%
Current Estimated Value
$218,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,197
Avg. Annual Appreciation
9.98%
Original Mortgage
$110,800
Outstanding Balance
$13,769
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$204,928

Purchase Details

Listed on
Jan 3, 2018
Closed on
Feb 26, 2018
Sold by
Williams Allen G and Harrison Daniel B
Bought by
Mc Cos Properties Llc
Seller's Agent
Bryan Speer
F.C. TUCKER EMGE
Buyer's Agent
Bryan Speer
F.C. TUCKER EMGE
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$130,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2014
Sold by
Mattingly Gloria E
Bought by
Harrison Daniel B

Purchase Details

Closed on
Mar 23, 2005
Sold by
Williams Gale Q
Bought by
Williams Allen G and Mattingly Gloria E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ohio River Properties Llc -- None Available
Mc Cos Properties Llc -- Regional Title Services Llc
Harrison Daniel B -- Attorney
Williams Allen G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohio River Properties Llc $110,800
Previous Owner Mc Cos Properties Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $138,500 -4.4% $76 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $144,900 0.0% $80 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $144,900 +11.5% $80 / Sq Ft
02/26/2018 02/26/18 Sold $130,000 -7.1% $72 / Sq Ft View Prior Sale
01/25/2018 01/25/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $139,900 -- $77 / 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 $1,792 $123,100 $29,700 $93,400
2023 $1,831 $123,100 $29,700 $93,400
2022 $1,752 $123,100 $29,700 $93,400
2021 $1,856 $120,900 $32,600 $88,300
2020 $933 $111,900 $29,700 $82,200
2019 $986 $111,900 $29,700 $82,200
2018 $917 $111,900 $29,700 $82,200
2017 $959 $111,900 $29,700 $82,200
2016 $953 $111,900 $29,700 $82,200
2014 $872 $111,900 $29,700 $82,200
2013 $886 $115,400 $29,700 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035303

Indiana Regional MLS

APN: 87-12-26-103-032.000-019