NOT LISTED FOR SALE

518 Hillcrest Dr Newburgh, IN 47630

Estimated Value: $160,000 - $181,075

2 Beds
1.5 Baths
1,056 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $136,000 $129 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,061/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • 2.5 Car Detached Garage
  • Newburgh Elementary School Rated A-
  • Covered patio or porch
  • Bathtub with Shower

About This Home

As of November 2021

Updated Ranch with walk-out basement and oversized garage! Total of 1,960sqft, main floor has living room, dining room, kitchen with appliances, 2 bedrooms, 1.5 baths, and sunroom off the kitchen with side door entrance. Basement offers a large rec room that's currently being used as a bedroom, there's also a laundry room, utility/storage room, and electric panel with 200AMP service. White pantry cabinet in kitchen stays. Newer flooring on main level, can lights throughout most of home. The 2.5 car garage (24x36') offers separate workshop area, one workbench stays. Covered front porch (7x17') and wood privacy fenced back yard with mature trees and koi pond! Roof on home is about 12 years old, roof on garage is 2 years old. Standard 2-10 warranty is included.

Last Listed By

Donovan Wilkins

RE/MAX REVOLUTION Listed on: 10/14/2021

RE/MAX REVOLUTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1941

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 3 Bedrooms in Basement
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 87-12-34-400-056.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Age: 80
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: SE EXC, COAL RTS. S34 T6 R9. .25 A.
  • Parcel Number ID: 87-12-34-400-056.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Home Warranty Included, Porch Covered, Six Panel Doors, Tub/Shower Combination, Main Level Bedroom Suite
  • Sp Lp Percent: 103.03
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1960
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Unfinished Sq Ft: 112
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 128.79
  • Basement: Yes
  • Basement Foundation: Crawl, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Recreation Room: Dimensions: 22x14, On Level: Basement
  • Extra Room: Sunroom, Dimensions: 16x7, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 792

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 36x24
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Basementx11, On Level: 12

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 525
  • Exemptions: Homestead, Mortgage

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
Oct 14, 2021
Closed on
Dec 29, 2021
Sold by
Belwood Courtney S
Bought by
Belwood Courtney S and Riffey James Michael
Seller's Agent
Donovan Wilkins
RE/MAX REVOLUTION
Buyer's Agent
Linda McCLain
Berkshire Hathaway HomeServices Indiana Realty
List Price
$132,000
Sold Price
$136,000
Premium/Discount to List
$4,000
3.03%
Total Days on Market
1
Current Estimated Value
$171,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,769
Avg. Annual Appreciation
6.90%
Original Mortgage
$108,800
Outstanding Balance
$87,114
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$84,655

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 19, 2021
Sold by
Rice Matthew David and Rice Brandi Nicole
Bought by
Belwood Courtney S
Seller's Agent
Donovan Wilkins
RE/MAX REVOLUTION
Buyer's Agent
Linda McCLain
Berkshire Hathaway HomeServices Indiana Realty
List Price
$132,000
Sold Price
$136,000
Premium/Discount to List
$4,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Outstanding Balance
$87,114
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$84,655

Purchase Details

Closed on
Dec 23, 2009
Sold by
Rice Matthew D
Bought by
Rice Matthew David and Rice Brandi Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,472
Interest Rate
4.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2006
Sold by
Riceco Inc
Bought by
Rice Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Adamson Kenneth R and Melloy Darlene K
Bought by
Riceco Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,908
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Belwood Courtney S -- None Available
Belwood Courtney S -- Columbia Title Inc
Rice Matthew David -- None Available
Rice Matthew D -- None Available
Riceco Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belwood Courtney S $108,800
Previous Owner Rice Brandi $72,472
Previous Owner Rice Matthew David $15,000
Previous Owner Rice Matthew David $72,472
Previous Owner Rice Matthew D $70,000
Previous Owner Riceco Inc $68,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $136,000 +3.0% $129 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $132,000 -- $125 / 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 $1,242 $143,600 $41,100 $102,500
2023 $1,098 $143,600 $41,100 $102,500
2022 $808 $114,400 $19,400 $95,000
2021 $593 $91,500 $15,500 $76,000
2020 $525 $86,700 $15,500 $71,200
2019 $486 $83,800 $15,500 $68,300
2018 $451 $81,400 $15,500 $65,900
2017 $427 $79,300 $15,500 $63,800
2016 $415 $78,800 $15,500 $63,300
2014 $407 $80,700 $15,500 $65,200
2013 $366 $78,400 $15,500 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202143381

Indiana Regional MLS

APN: 87-12-34-400-056.000-014