NOT LISTED FOR SALE

423 Cypress St Newburgh, IN 47630

Estimated Value: $189,425 - $199,000

4 Beds
2 Baths
1,941 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $135,000 $70 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,197/month

1 Day on Market

Highlights

  • Partially Wooded Lot
  • Eat-In Kitchen
  • Baseboard Heating
  • Newburgh Elementary School Rated A-
  • Laundry closet
  • Lot Has A Rolling Slope

About This Home

As of September 2020

Great for investors. This triplex offers 2 one bedroom and 1 bath units and 1 2 bedroom and 1 bath unit. All sides are currently leased out. There is also a 30x40 Pole barn on the property with one RV roll up door and a second floor storage area. Tenants do not have access to pole building.

Last Agent to Sell the Property

Jason Eddy

F.C. TUCKER EMGE Listed on: 08/17/2020

F.C. TUCKER EMGE

Last Buyer's Agent

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Chain Link Fence
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Sharon Elementary School
  • Castle South Middle School
  • Castle High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Outbuilding
  • Suburban Location

Community Details

  • 3 Units
  • Community Storage Space
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 87-12-34-406-003.000-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1979
  • Age: 41
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot3 Meadowview Sub
  • Parcel Number ID: 87-12-34-406-003.000-014
  • Platted: Yes
  • Amenities: Off Street Parking, Storage, Deck Open, Eat-In Kitchen
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1525
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2588
  • Total Finished Sq Ft: 1941
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Finished Sq Ft: 645
  • Below Grade Sq Ft: 647
  • Price Per Sq Ft: 104.17
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement
  • Flooring: Carpet, Laminate
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1292
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 2
  • Outbuilding: Pole/Post Building
  • Outbuilding Sq Ft: 1200

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1525
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

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
Aug 17, 2020
Closed on
Sep 4, 2020
Sold by
Williams Vickie Lee and Williams Richard
Bought by
A & E Rentals Llc
Seller's Agent
Jason Eddy
F.C. TUCKER EMGE
Buyer's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$194,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,475
Avg. Annual Appreciation
7.73%
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
A & E Rentals Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $135,000 0.0% $70 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $135,000 -- $70 / 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 $2,038 $103,800 $14,900 $88,900
2023 $1,988 $103,900 $14,900 $89,000
2022 $1,996 $104,000 $14,900 $89,100
2021 $2,092 $103,800 $14,900 $88,900
2020 $2,092 $103,800 $14,900 $88,900
2019 $2,095 $103,900 $14,900 $89,000
2018 $2,094 $103,900 $14,900 $89,000
2017 $2,077 $103,000 $14,900 $88,100
2016 $2,075 $103,000 $14,900 $88,100
2014 $2,061 $103,000 $14,900 $88,100
2013 $1,942 $99,300 $14,900 $84,400
Source: Public Records

Agents Affiliated with this Home

  • Jason Eddy

    Seller's Agent in 2020

    Jason Eddy

    F.C. TUCKER EMGE

    (812) 499-4519

    14 in this area

    332 Total Sales

    Jason Eddy
    Section Image
  • Janice Miller

    Buyer's Agent in 2020

    Janice Miller

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 453-0779

    231 in this area

    794 Total Sales

    Janice Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202032415

Indiana Regional MLS

APN: 87-12-34-406-003.000-014

Indiana Warrick County Newburgh 47630

423 Cypress St, Newburgh, IN

This home is located at 423 Cypress St, Newburgh, IN 47630 since 17 August 2020 and is currently estimated at $194,475, approximately $100 per square foot. This property was built in 1979. 423 Cypress St is a home located in Warrick County with nearby schools including Newburgh Elementary School, Castle North Middle School, and Castle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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