NOT LISTED FOR SALE

4940 Penrose Dr Newburgh, IN 47630

Estimated Value: $274,000 - $287,358

3 Beds
2 Baths
1,767 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 24, 2018

Last sale price $198,500 $112 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,709/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Covered patio or porch
  • Walk-In Closet
  • Newburgh Elementary School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of December 2018

This beautiful 3 bedroom, 2 bathroom home with nearly 1800 sq ft in Fall Creek is sure to impress and is the perfect opportunity whether you're a first home buyer or just upsizing or downsizing. The quality throughout is evident the moment you walk through the front door. The hardwood floors, gas fireplace, and vaulted ceilings in the great room provide for a warm space to entertain friends and family or to retreat as you relax at the end of a long day. The tiled kitchen is equipped with stainless steel appliances, beautiful cabinetry, and a breakfast bar, and it compliments the dining room quite nicely. A spacious master bedroom and private en-suite with a walk in closet exceeds expectations. There is fresh paint throughout the majority of the home. And did I mention the bonus room above the garage? Don't wait. This one won't last long!!

Last Agent to Sell the Property

James Melchiors

ERA FIRST ADVANTAGE REALTY, INC Listed on: 11/23/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

James Melchiors

ERA FIRST ADVANTAGE REALTY, INC Listed on: 11/23/2018

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,187

Year Built

  • Built in 2009

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 63' x 119'
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,767 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-29-304-225.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,187

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2009
  • Age: 9
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 225 Fall Creek Sub |
  • Parcel Number ID: 87-12-29-304-225.000-019
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Garage Door Opener, Patio Covered
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1767
  • Total Finished Sq Ft: 1767
  • Above Grade Finished Sq Ft: 1767
  • Price Per Sq Ft: 112.34
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 8x8, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Loft: Dimensions: 16x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Shed, Dimensions: 12x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 63' x 119'
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 1187.08
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 24, 2018
Sold by
Dile Courtney
Bought by
Khatri Shivahari B and Khatri Mandira Shrestha
Seller's Agent
James Melchiors
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
James Melchiors
ERA FIRST ADVANTAGE REALTY, INC
List Price
$198,500
Sold Price
$198,500
Total Days on Market
1
Current Estimated Value
$281,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,590
Avg. Annual Appreciation
5.67%
Original Mortgage
$178,825
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 11, 2018
Closed on
Apr 13, 2018
Sold by
Lyons Jon W and Lyons Faith A
Bought by
Dile Courtney
Seller's Agent
DeAnna Hoffman
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Rick Stephens
KELLER WILLIAMS CAPITAL REALTY
List Price
$192,900
Sold Price
$195,000
Premium/Discount to List
$2,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$185,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Sep 6, 2016
Sold by
Johnson Jason P
Bought by
Lyons Jon W and Lyons Faith A
Seller's Agent
Haley Jamison
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Haley Jamison
ERA FIRST ADVANTAGE REALTY, INC
List Price
$186,000
Sold Price
$178,000
Premium/Discount to List
-$8,000
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Jagoe Homes Inc
Bought by
Johnson Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,213
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2009
Sold by
Sterchi Homes Corporation
Bought by
Jagoe Homes Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,213
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Khatri Shivahari B -- None Available
Dile Courtney -- None Available
Lyons Jon W -- Attorney
Johnson Jason P -- Foreman Watson Land Title Ll
Jagoe Homes Incorporated -- Foreman Watson Land Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Shivahari B $176,088
Closed Khatri Shivahari B $178,825
Previous Owner Dile Courtney $185,250
Previous Owner Johnson Jason P $163,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2018 12/24/18 Sold $198,500 0.0% $112 / Sq Ft
11/24/2018 11/24/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $198,500 +1.8% $112 / Sq Ft
04/13/2018 04/13/18 Sold $195,000 +1.1% $110 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $192,900 +8.4% $109 / Sq Ft
09/06/2016 09/06/16 Sold $178,000 -4.3% $101 / Sq Ft
08/06/2016 08/06/16 For Sale $186,000 -- $105 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
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 $1,627 $229,600 $33,200 $196,400
2023 $1,597 $226,100 $33,200 $192,900
2022 $1,674 $225,300 $26,400 $198,900
2021 $1,503 $195,600 $27,400 $168,200
2020 $1,450 $181,100 $25,200 $155,900
2019 $1,494 $180,400 $25,200 $155,200
2018 $1,297 $168,900 $25,200 $143,700
2017 $1,241 $164,200 $25,200 $139,000
2016 $1,132 $154,200 $25,200 $129,000
2014 $1,048 $155,500 $25,200 $130,300
2013 $1,011 $154,100 $25,200 $128,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201851643

Indiana Regional MLS

APN: 87-12-29-304-225.000-019