NOT LISTED FOR SALE

501 Section St Newburgh, IN 47630

Estimated Value: $203,000 - $280,808

0.11 Acre
$2,181,382 Price per Acre
4,800 Sq Ft Lot

Last Sold May 08, 2019

Last sale price $23,000 $20 Per Sq Ft

Est. 943% increase in value since last sale

Current estimated payment $1,718/month

4 Days on Market

About This Lot

As of May 2019

Nice corner Lot in the center of Newburgh with water and sewer on the lot and electric is available. Level and ready to build upon. Newburgh Elementary, Castle South Middle and Castle High School district.

Last Listed By

Dan Felstead

ERA FIRST ADVANTAGE REALTY, INC Listed on: 04/07/2019

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $196

Year Built

  • 1870

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 80x60
  • Finished Lot(s)
  • Subdivision Possible

Location

  • City Lot

Schools

  • Newburgh Elementary School
  • Castle South Middle School
  • Castle High School

Community Details

  • Dickerson Bates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$196

Year Built

1870

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 1 FLOYD SUB WAS GRAYS 2ND LOT SUBDIVIDED 3/4/88
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 88.46
  • Parcel Description: Corner, Level
  • Type of Sale: Private Seller
  • Can Be Subdivided: Yes
  • Side Of Road: East, South
  • Type Use: Residential
  • Year Taxes Payable: 2019
  • Special Features: None
  • Year Built: 1870

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Sewer Type: City

Schools

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

Lot Info

  • Lot Dimensions: 80x60
  • Estimated Lot Sq Ft: 4800
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 196.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2019
Closed on
May 8, 2019
Sold by
Jaques David W and Jaques Diane K
Bought by
Kaiser Kevn J and Kaiser Jamie M
Seller's Agent
Dan Felstead
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Julie Bosma
ERA FIRST ADVANTAGE REALTY, INC
List Price
$126,000
Sold Price
$23,000
Premium/Discount to List
-$103,000
-81.75%
Total Days on Market
4
Current Estimated Value
$239,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,952
Avg. Annual Appreciation
47.63%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Jaquess David W and Jaquess Diane K

Purchase Details

Closed on
Sep 26, 2011
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 15, 2011
Sold by
Thorpe Jeremy R
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 30, 2008
Sold by
Burkins Roy E and Burkins Amanda G
Bought by
Thorpe Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,974
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2008
Sold by
Cerullo Elizabeth Jane
Bought by
Burkins Roy E and Burkins Amanda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Range of Values:

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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
Kaiser Kevn J -- None Available
Jaquess David W -- None Available
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $66,907 None Available
Thorpe Jeremy -- None Available
Burkins Roy E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorpe Jeremy $58,974
Previous Owner Burkins Roy E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $23,000 -11.5% $20 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $26,000 -79.4% $23 / Sq Ft
04/07/2019 04/07/19 For Sale $126,000 -- $110 / 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 $4,567 $232,600 $36,200 $196,400
2023 $693 $36,200 $36,200 $0
2022 $217 $11,300 $11,300 $0
2021 $196 $9,000 $9,000 $0
2020 $196 $9,000 $9,000 $0
2019 $197 $9,000 $9,000 $0
2018 $196 $9,000 $9,000 $0
2017 $199 $9,000 $9,000 $0
2016 $197 $9,000 $9,000 $0
2014 $234 $11,600 $11,600 $0
2013 $225 $11,500 $11,500 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dan Felstead

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 454-1882

    4 Total Sales

    Dan Felstead
    Section Image
  • Julie Bosma

    Buyer's Agent in 2019

    Julie Bosma

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-6968

    307 Total Sales

    Julie Bosma
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201912407

Indiana Regional MLS

APN: 87-15-03-203-001.000-014

Indiana Warrick County Newburgh 47630

501 Section St, Newburgh, IN

Homes for Sale in Newburgh, IN

This home is located at 501 Section St, Newburgh, IN 47630 since 07 April 2019 and is currently estimated at $239,952, approximately $209 per square foot. This property was built in 1870. 501 Section St is a home located in Warrick County with nearby schools including Newburgh Elementary School, Castle North Middle School, and Castle High School.

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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