NOT LISTED FOR SALE

4388 Frame Rd Newburgh, IN 47630

Estimated Value: $680,000 - $788,190

5 Beds
4.5 Baths
4,536 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $700,000 $154 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,468/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Open Floorplan
  • Sharon Elementary School Rated A
  • 2 Acre Lot
  • Living Room with Fireplace

About This Home

As of August 2021

One 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!

Last Agent to Sell the Property

Jill Lucy

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/24/2021

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Jill Lucy

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/24/2021

ERA FIRST ADVANTAGE REALTY, INC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,319

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 18
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 1 SUNRISE ESTATES
  • Parcel Number ID: 87-12-27-109-001.000-019
  • Platted: Yes
  • Amenities: Built-In Bookcase, Built-In Entertainment Ct, Ceiling-9+, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Garden Tub, Kitchen Island, Landscaped, Open Floor Plan, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4536
  • Total Finished Sq Ft: 4536
  • Above Grade Finished Sq Ft: 2711
  • Below Grade Finished Sq Ft: 1825
  • Price Per Sq Ft: 258.21
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Basement
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Slate, Tile, Stone
  • Living Great Room: Dimensions: 22x18, On Level: Main
  • Kitchen: Dimensions: 17x14, On Level: Main
  • Family Room: Dimensions: 27x23, On Level: Basement
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: Dimensions: 10x10, On Level: Lower
  • Bedroom 5: Dimensions: 10x10, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1825

Exterior Features

  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Water Type: Pond

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 3319

MLS Schools

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

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
$755,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,320
Avg. Annual Appreciation
2.06%
Original Mortgage
$440,000
Outstanding Balance
$376,607
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$382,664
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
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

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 $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

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Map

Source: Indiana Regional MLS

MLS Number: 202129992

Indiana Regional MLS

APN: 87-12-27-109-001.000-019