NOT LISTED FOR SALE

500 Section St Newburgh, IN 47630

Estimated Value: $125,000 - $167,000

1 Bed
1 Bath
1,000 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $63,500 $64 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $859/month

247 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1 Acre Lot
  • Partially Wooded Lot
  • Newburgh Elementary School Rated A-
  • Ranch Style House
  • Wood Flooring

About This Home

As of March 2012

OVER $10,000 UNDER ASSESSED VALUE !!! Own a piece of history in the heart of downtown Newburgh! This was the second old school house in Newburgh-and it is sitting on one solid acre just 3 blocks from Jennings Street! This would make an ideal home building site. Very private setting. Fully fenced with gravel driveway and gated. As Is

Last Agent to Sell the Property

Mary McCarthy

F.C. TUCKER EMGE Listed on: 06/23/2011

F.C. TUCKER EMGE

Last Buyer's Agent

Becky Ismail

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1845

Lot Details

  • 1 Acre Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Partially Wooded Lot
  • Historic Home

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Cellar
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1845

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1845
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: lots 1,2, & BLK 3 Dickerson lot 7 except 1.74 feet x 6.5 Feet in the NE corner tenan |
  • Parcel Number ID: *
  • Platted: Yes
  • Amenities: Cable Available, Ceiling-9+, Eat-In Kitchen, Main Level Bedroom Suite
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1000
  • Total Finished Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1000
  • Basement Foundation: Cellar
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: On Level: Main
  • Bedroom 2: On Level: Main

Exterior Features

  • Exterior: Brick
  • Roof Material: Composite, Shingle
  • Fence: Full, Privacy, Wood

Utilities

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

Schools

  • Elementary School: Sharon

Lot Info

  • Lot Description: Partially Wooded, Historic Designation
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 750

MLS Schools

  • High School: Castle
  • Middle School: Castle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2011
Closed on
Mar 30, 2012
Sold by
Engle Walter and Engle Nanene Queen
Bought by
Lynch Michael B
Seller's Agent
Mary McCarthy
F.C. TUCKER EMGE
Buyer's Agent
Becky Ismail
ERA FIRST ADVANTAGE REALTY, INC
List Price
$95,000
Sold Price
$63,500
Premium/Discount to List
-$31,500
-33.16%
Current Estimated Value
$150,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,457
Avg. Annual Appreciation
6.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lynch Michael B -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $63,500 -33.2% $64 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
06/23/2011 06/23/11 For Sale $95,000 -- $95 / 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 $752 $109,200 $54,000 $55,200
2023 $694 $107,600 $54,000 $53,600
2022 $774 $106,200 $54,000 $52,200
2021 $694 $93,300 $44,200 $49,100
2020 $726 $95,600 $44,200 $51,400
2019 $590 $85,800 $44,200 $41,600
2018 $516 $80,700 $44,200 $36,500
2017 $499 $79,000 $44,200 $34,800
2016 $439 $73,100 $38,600 $34,500
2014 $415 $75,600 $40,700 $34,900
2013 $405 $75,900 $40,700 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Mary McCarthy

    Seller's Agent in 2012

    Mary McCarthy

    F.C. TUCKER EMGE

    (812) 455-0010

    3 in this area

    49 Total Sales

    Mary McCarthy
    Section Image
  • Becky Ismail

    Buyer's Agent in 2012

    Becky Ismail

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 483-3323

    67 in this area

    275 Total Sales

    Becky Ismail
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 876913

Indiana Regional MLS

APN: 87-12-34-401-053.000-014

Indiana Warrick County Newburgh 47630

500 Section St, Newburgh, IN

Not Listed for Sale

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.

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