$469,900
SOLD OCT 13, 2025

506 Adams St Newburgh, IN 47630

7 Beds
4 Baths
3,833 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Newburgh Elementary School Rated A-
  • Patio
  • Landscaped

About This Home

As of October 2025

Downton Newburgh 4-Plex. Immaculate investment opportunity. This 4-Plex in the heart of downtown Newburgh is a rare find. Each unit has been exceptionally maintained reflecting the quality and care that has gone into this property. The building offers 4 spacious units. Units A,B and C have 2 bedrooms, 1 bath, washer/dryer hook up, and 2 parking spaces. Unit D has 1 huge bedroom with nice remodeled bath and a garage. All units are updated and clean. Tenants enjoy parking, landscaped surroundings, and easy access to downtown Newburgh trails and Ohio Riverfront.

Last Agent to Sell the Property

Carson Lowry

RE/MAX REVOLUTION Brokerage Phone: 812-305-4663 Listed on: 08/25/2025

RE/MAX REVOLUTION

Last Buyer's Agent

SWIAR NonMember

NonMember SWIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Sloped Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 87-12-34-404-071.000-014

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $150
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1972
  • Style: Two Story
  • Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 71 HILLCREST TERRACE PT 3
  • Parcel Number ID: 87-12-34-404-071.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan, Eat-In Kitchen, Landscaped, Patio Open
  • Special Features: None

Interior Features

  • Total Sq Ft: 3833
  • Total Finished Sq Ft: 3833
  • Above Grade Finished Sq Ft: 3833
  • Basement Foundation: Crawl
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 150
  • Annual Water Sewer Expense: 1800
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Newburgh

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: .24
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Tax Info

  • Annual Property Tax: 2738

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 Sold $469,900 -2.1% $123 / Sq Ft
08/30/2025 08/30/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $479,900 -- $125 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202534045

Indiana Regional MLS