NOT LISTED FOR SALE

5099 Providence Dr Newburgh, IN 47630

Estimated Value: $196,000 - $222,000

4 Beds
2 Baths
2,040 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $105,000 $51 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,258/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Castle North Middle School Rated A-
  • Laundry in Utility Room
  • Carpet

About This Home

As of August 2018

Newburgh Duplex, located in a residential neighborhood. Brick front, off street parking, large yard with storage. This is a turn key investment, both units are rented, tenants pay their own utilities. Owner pays for lawn mowing.

Last Agent to Sell the Property

Donovan Wilkins

RE/MAX REVOLUTION Listed on: 07/10/2018

RE/MAX REVOLUTION

Last Buyer's Agent

Jamie Keller

KELLER WILLIAMS CAPITAL REALTY

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 78x135
  • Cul-De-Sac
  • Sloped Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, sewer
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 87-12-36-106-022.000-019

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Maintenance Expense $420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1978
  • Age: 40
  • Style: Two Story
  • Architectural Style: Colonial
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 22 HERITAGE PLACE 2ND ADD. |
  • Parcel Number ID: 87-12-36-106-022.000-019
  • Platted: Yes
  • Amenities: Fireplace
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.57
  • Monthly Gross Income: 1230
  • Special Features: None

Interior Features

  • Total Sq Ft: 2040
  • Total Finished Sq Ft: 2040
  • Above Grade Finished Sq Ft: 2040
  • Price Per Sq Ft: 51.47
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Annual Maintenance Expense: 420
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac, Slope
  • Lot Dimensions: 78x135
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Sewer

Tax Info

  • Total Assessed Value: 1383.82
  • Annual Property Tax: 1383.82

Multi Family

  • Gross Monthly Rent: 1230
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2018
Sold by
Worman Cory and Worman Stephanie
Bought by
Still Meadow Properties Llc
Current Estimated Value
$210,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
May 11, 2015
Closed on
Dec 17, 2015
Sold by
Bwt Group Inc
Bought by
Worman Cory and Worman Stephanie
Seller's Agent
Candace Rothschild
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Brittani Elpers Frank
ERA FIRST ADVANTAGE REALTY, INC
List Price
$110,000
Sold Price
$98,500
Premium/Discount to List
-$11,500
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$78,800
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 31, 2014
Closed on
Aug 15, 2014
Sold by
Ruff Ryan
Bought by
Bwt Group Inc
Seller's Agent
Jim Fuquay
HOUSE HUNTER REALTY BNM GROUP LLC
Buyer's Agent
Katerina Tripp
ERA FIRST ADVANTAGE REALTY, INC
List Price
$102,000
Sold Price
$86,000
Premium/Discount to List
-$16,000
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$64,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2009
Sold by
Blackford William J and Miller Wendy A
Bought by
Ruff Ryan

Purchase Details

Closed on
Mar 28, 2006
Sold by
Hester Kinney G and Hester Ruth A
Bought by
Blackford William J and Blackford Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.38%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Still Meadow Properties Llc -- None Available
Worman Cory -- None Available
Bwt Group Inc -- None Available
Ruff Ryan -- None Available
Blackford William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Still Meadow Propertes Llc $99,200
Open Worman Cory $354,450
Previous Owner Still Meadow Properties Llc $84,000
Previous Owner Worman Cory $78,800
Previous Owner Bwt Group Inc $64,500
Previous Owner B W T Group Inc $34,875
Previous Owner Blackford William J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $105,000 -12.4% $51 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $119,900 +21.7% $59 / Sq Ft
12/28/2015 12/28/15 Sold $98,500 -10.5% $47 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $110,000 +27.9% $53 / Sq Ft
08/15/2014 08/15/14 Sold $86,000 -15.7% $41 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $102,000 -- $49 / 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 $1,335 $93,100 $15,800 $77,300
2023 $1,385 $93,100 $15,800 $77,300
2022 $1,358 $93,100 $15,800 $77,300
2021 $1,466 $93,100 $15,800 $77,300
2020 $1,426 $84,600 $15,800 $68,800
2019 $1,478 $84,600 $15,800 $68,800
2018 $1,400 $84,600 $15,800 $68,800
2017 $1,392 $84,600 $15,800 $68,800
2016 $1,384 $84,600 $15,800 $68,800
2014 $1,289 $84,600 $15,800 $68,800
2013 $1,300 $87,300 $15,800 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201830259

Indiana Regional MLS

APN: 87-12-36-106-022.000-019