NOT LISTED FOR SALE

425 Cypress St Newburgh, IN 47630

Estimated Value: $101,000 - $187,000

2 Beds
2 Baths
1,156 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $33,500 $29 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $838/month

Highlights

  • Partially Wooded Lot
  • 1 Car Detached Garage
  • Ceiling Fan
  • Newburgh Elementary School Rated A-
  • Laundry closet
  • Baseboard Heating

About This Home

As of September 2020

Great rental potential in the duplex with 1 bed and 1 bath per unit. Some TLC is needed. One unit has 1 car garage and the other unit has 1 carport. Unit B currently leased.

Last Agent to Sell the Property

Jason Eddy

F.C. TUCKER EMGE Listed on: 08/19/2020

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

  • $1,386

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence
  • Partially Wooded Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 87-12-34-406-002.000-014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Trash Expense $1,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,386

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Age: 49
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 2 Meadowview Sub
  • Parcel Number ID: 87-12-34-406-002.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.75
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1156
  • Total Finished Sq Ft: 1156
  • Above Grade Finished Sq Ft: 1156
  • Price Per Sq Ft: 28.98
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Trash Expense: 1450
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

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
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Rental Info

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

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

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 19, 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
$40,000
Sold Price
$33,500
Premium/Discount to List
-$6,500
-16.25%
Current Estimated Value
$136,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,261
Avg. Annual Appreciation
32.48%
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 $33,500 -16.3% $29 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $40,000 -- $35 / 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 $1,386 $70,600 $14,300 $56,300
2023 $1,351 $70,600 $14,300 $56,300
2022 $1,355 $70,600 $14,300 $56,300
2021 $1,412 $70,600 $14,300 $56,300
2020 $1,412 $70,600 $14,300 $56,300
2019 $1,412 $70,600 $14,300 $56,300
2018 $1,412 $70,600 $14,300 $56,300
2017 $1,412 $70,600 $14,300 $56,300
2016 $1,412 $70,600 $14,300 $56,300
2014 $1,412 $70,600 $14,300 $56,300
2013 $1,332 $68,100 $14,300 $53,800
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: 202033112

Indiana Regional MLS

APN: 87-12-34-406-002.000-014

Indiana Warrick County Newburgh 47630

425 Cypress St, Newburgh, IN

This home is located at 425 Cypress St, Newburgh, IN 47630 since 19 August 2020 and is currently estimated at $136,761, approximately $118 per square foot. This property was built in 1971. 425 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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