4940 Penrose Dr Newburgh, IN 47630
Estimated payment $1,701/month
Highlights
- Popular Property
- Partially Wooded Lot
- 2 Car Attached Garage
- Newburgh Elementary School Rated A-
- 1 Fireplace
- 1-Story Property
About This Home
Discover this beautifully maintained 3-bedroom, 2-bathroom home, perfectly located in one of the area's most sought-after and centrally positioned neighborhoods. Just minutes from top-rated schools, leading hospitals, and a wide range of shopping and dining options, this property offers the ideal combination of comfort, convenience, and value. Inside, you'll find a spacious and inviting floor plan filled with natural light—perfect for everyday living and entertaining. In addition to the main living areas, a versatile bonus room provides the perfect space for a home office, recreation area, or extra living space—easily adaptable to suit your lifestyle needs. The master bedroom is a true retreat, featuring a private walk-in closet and an en suite bathroom, offering a serene space to unwind. The fully fenced backyard provides a private, secure space ideal for pets, children, or outdoor gatherings. Set in a friendly, established community, this home presents not just a place to live, but a lifestyle of ease, accessibility, and long-term appeal.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,627
Year Built
- Built in 2009
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 63x119
- Level Lot
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 1,767 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Newburgh Elementary School
- Castle North Middle School
- Castle High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Fall Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 87-12-29-304-225.000-019
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,654 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $299,000 | -2.0% | $169 / Sq Ft | |
| 08/29/2025 08/29/25 | For Sale | $305,000 | +53.7% | $173 / Sq Ft | |
| 12/24/2018 12/24/18 | Sold | $198,500 | 0.0% | $112 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 08/06/2016 08/06/16 | For Sale | $186,000 | -- | $105 / Sq Ft | |
| 08/01/2016 08/01/16 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | Foreman Watson Land Title Ll | |
| Warranty Deed | -- | Foreman Watson Land Title Ll |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,825 | FHA | |
| Previous Owner | $185,250 | New Conventional | |
| Previous Owner | $163,213 | FHA |
Source: Indiana Regional MLS
MLS Number: 202534705
APN: 87-12-29-304-225.000-019
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