4388 Frame Rd Newburgh, IN 47630
Estimated Value: $684,000 - $887,000
5
Beds
4.5
Baths
4,536
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Waterfront
- Living Room with Fireplace
- Sharon Elementary School Rated A
- Open Floorplan
- Lake, Pond or Stream
About This Home
As of August 2021One of a kind GEM in Newburgh situated on 2 acres and a semi-private lake, this sprawling, one owner fully custom ranch is in a class all to itself. Featuring 5 bedrooms, 4.5 baths, a private den/office, a charming sunroom, fully custom chef’s kitchen, an oversized 3 car garage, and a lower-level rec-room with a bar, this home offers something for everyone! The main level includes the primary great room with soaring ceilings, a gas fireplace, built-in bookshelves and one of the most elegant trim molding packages you can imagine! Directly off the great room is the dining area and chef’s kitchen. Offering custom built Fehrenbacher cabinetry, stainless appliances, granite tops, beautifully tiled backsplashes, a built in & lighted china cabinet, and an unobstructed view of the lake, this kitchen will be the centerpiece for all of your gatherings. The master suite is located on the southeast end of the main floor, and the eastern wall of windows facing the lake allows for a breathtaking flow of natural light. Rounding out the main floor you will find Bedrooms 2 and 3, each with private bathrooms, a guest bathroom off of the kitchen, a laundry center and mudroom with direct access to the spacious 3+ car garage. In the walkout basement, you will enjoy spending time in the enormous family room featuring a custom built Fehrenbacher bar with both granite and solid wood counter tops and a stunning stone veneer gas fireplace. Additional lower-level features include bedrooms 3 and 4 with a shared full bath, a 5th room which is a den/office, a large conditioned unfinished area for storage, and direct access to the brick patio which overlooks the lake. Finishing touches include, a security system, solid poured basement walls, dual water heaters, superb landscaping, a circle drive and so much more!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,319
Year Built
- Built in 2003
Lot Details
- 2 Acre Lot
- Waterfront
- Backs to Open Ground
- Landscaped
Parking
- 3 Car Attached Garage
Home Design
- Walk-Out Ranch
- Asphalt Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Built-in Bookshelves
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet or more
- Living Room with Fireplace
- 2 Fireplaces
- Laundry on main level
Kitchen
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Carpet
- Stone
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Garden Bath
- Separate Shower
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- 1 Bathroom in Basement
- 2 Bedrooms in Basement
Schools
- Castle Elementary School
- Castle North Middle School
- Castle High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Lake, Pond or Stream
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 87-12-27-109-001.000-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2021
Closed on
Aug 27, 2021
Sold by
Wilhite Wesley B and Wilhite Nichole A
Bought by
Richey Robert Scott and Richey Jackie R
Seller's Agent
Jill Lucy
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Jill Lucy
ERA FIRST ADVANTAGE REALTY, INC
List Price
$700,000
Sold Price
$700,000
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,100
Avg. Annual Appreciation
3.32%
Original Mortgage
$440,000
Outstanding Balance
$376,607
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$414,493
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Similar Homes in Newburgh, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richey Robert Scott | $700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richey Robert Scott | $440,000 | |
| Previous Owner | Wilhite Wesley B | $50,000 | |
| Previous Owner | Wilhite Wesley B | $337,500 | |
| Previous Owner | Wilhite Wesley B | $345,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $700,000 | 0.0% | $154 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/24/2021 07/24/21 | For Sale | $700,000 | -- | $154 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $4,234 | $518,400 | $73,100 | $445,300 |
| 2023 | $4,398 | $521,200 | $78,200 | $443,000 |
| 2022 | $4,181 | $476,300 | $71,400 | $404,900 |
| 2021 | $3,508 | $381,000 | $57,200 | $323,800 |
| 2020 | $3,319 | $352,800 | $52,000 | $300,800 |
| 2019 | $3,406 | $356,400 | $52,000 | $304,400 |
| 2018 | $3,125 | $340,100 | $52,000 | $288,100 |
| 2017 | $3,002 | $330,000 | $52,000 | $278,000 |
| 2016 | $2,819 | $313,800 | $52,000 | $261,800 |
| 2014 | $2,755 | $321,400 | $52,000 | $269,400 |
| 2013 | $2,747 | $327,000 | $52,000 | $275,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Lucy
Seller's Agent in 2021
Jill Lucy
ERA FIRST ADVANTAGE REALTY, INC
(812) 459-0036
174 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202129992
APN: 87-12-27-109-001.000-019
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