NOT LISTED FOR SALE

5200 State Route 261 Newburgh, IN 47630

Estimated Value: $397,000 - $480,000

4 Beds
2.5 Baths
3,034 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $406,000 $134 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,648/month

16 Days on Market

Highlights

  • Open Floorplan
  • Partially Wooded Lot
  • Great Room
  • Sharon Elementary School Rated A
  • Backs to Open Ground
  • Stone Countertops

About This Home

As of September 2022

Absolutely STUNNING INSIDE AND OUT! Perched majestically upon a hill on nearly an acre of ground in the heart of the Newburgh Community, this 4 Bedroom Home offers over 3000 square feet of luxurious amenities. Pictures CANNOT adequately prepare you for the unparalleled craftsmanship and most exquisite character that this beautiful home displays. Open up the front door to an expansive 40 ft long Sun Porch that provides a panoramic view of the front yard w/soothing waterfall. Gorgeous white oak floors adorn the entire first floor. The Great Rm has a gas fireplace and opens to the heavenly Gourmet Kitchen. It features an over-sized island w/cabinets, motion-activated hood (no germs!) Quartz countertops, stainless appliances w/6 burner gas range, double oven, HIDDEN walk-in pantry w/pot filler faucet, and beautiful high-end Shiloh soft-close cabinets. The Dining Rm is ideally appointed and can hold the biggest furniture you can find! An abundance of natural light flows thru the many windows that this home features. A large 16' x 14' Bedroom and a half Bath complete the Main Floor. Upstairs, you will find the 20' x 15' Master Suite, w/walk-in closet that also holds the Laundry. The luxurious Master Bath features a Plater walk-in Shower, quartz counter tops, Vessel Sink and penny tile. Delta Matte Black plumbing fixtures are featured throughout the home. Just down the hall you will find two more large Bedrooms w/walk-in closets and white oak beamed ceilings. A Full Bath completes the upstairs. As you exit the back of the home, there is a breezeway that leads to the spacious 32 x 32 garage, complete w/two offices! And if you want parking, there is PLENTY OF IT! Great privacy as well, and an endless variety of mature trees outlining the perimeter of the property. Interested in LOW UTILITY BILLS? Just keeps getting better!--2 separate meters for shop/house, 200 amp each. SPRAY FOAM INSULATION HELPS A TON! The unfinished Basement offers additional storage. Other amenities/updates per the Owner: gas central HVAC 96% efficiency and heat pumps upstairs for mini split systems, allowing each room to control their individual temperature!; 2021 New Roof--standing seam onyx 3D, the best roof you can get!, new pex plumbing, upgraded to code wiring, tankless gas water heater, new LP siding will not rot/insect proof. Inspired by the Builder for his own personal Residence, the most discriminating eye will appreciate all of the detail that went into this IMPECCABLE Masterpiece!

Last Listed By

Kent Brenneman

eXp Realty, LLC Listed on: 07/03/2022

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1900

Lot Details

  • 0.86 Acre Lot
  • Backs to Open Ground
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2.5 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Outdoor Features

  • Covered patio or porch

Schools

  • Castle Elementary School
  • Castle North Middle School
  • Castle High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • High-Efficiency Furnace
  • Heat Pump System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-34-200-093.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW NE S34 T6 R9 .86A
  • Parcel Number ID: 87-12-34-200-093.000-019
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Countertops-Stone, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Open Floor Plan, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room, Great Room, Washer Hook-Up, Custom Cabinetry
  • Sp Lp Percent: 101.53
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4715
  • Total Finished Sq Ft: 3034
  • Above Grade Finished Sq Ft: 3034
  • Below Grade Sq Ft: 1681
  • Price Per Sq Ft: 133.82
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Kitchen: Dimensions: 19x17, On Level: Main
  • Dining Room: Dimensions: 17x14, On Level: Main
  • Family Room: Dimensions: 20x16, On Level: Main
  • Bedroom 1: Dimensions: 20x15, On Level: Upper
  • Bedroom 2: Dimensions: 16x14, On Level: Main
  • Bedroom 3: Dimensions: 16x15, On Level: Upper
  • Bedroom 4: Dimensions: 17x16, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1681

Exterior Features

  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 32x32
  • Garage Sq Ft: 1024
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Heat Pump
  • Sewer: Public
  • Water Utilities: Public
  • Hvac: High Efficiency Furnace, Zoned Air Condtioning

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, Rolling
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 37462
  • Estimated Lot Size Acres: 0.86

Tax Info

  • Annual Taxes: 754

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Sep 1, 2022
Sold by
Gray Mitchell
Bought by
Phelps Lionel and Sprinkle Brett
Seller's Agent
Kent Brenneman
eXp Realty, LLC
Buyer's Agent
Julie Card
ERA FIRST ADVANTAGE REALTY, INC
List Price
$399,900
Sold Price
$406,000
Premium/Discount to List
$6,100
1.53%
Total Days on Market
16
Views
26
Current Estimated Value
$444,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,490
Avg. Annual Appreciation
3.45%
Original Mortgage
$420,616
Outstanding Balance
$405,425
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$39,065

Purchase Details

Closed on
Mar 12, 2021
Sold by
Mkg Construction Llc
Bought by
Gray Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2019
Sold by
Peoples Trust & Savings Bank
Bought by
Mkg Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2017
Sold by
Cook William R and Cook Marilyn H
Bought by
Flesch Kay Y and Kay Y Flesch Trust

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
Phelps Lionel $406,000 None Listed On Document
Phelps Lionel $406,000 First Advantage Title
Gray Mitchell $210,000 Foreman Istson Land Title
Mkg Construction Llc -- None Available
Flesch Kay Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Lionel $420,616
Previous Owner Gray Mitchell $165,000
Previous Owner Mkg Construction Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $406,000 +1.5% $134 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $399,900 0.0% $132 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $399,900 -8.9% $132 / Sq Ft
07/03/2022 07/03/22 Price Changed $439,000 +2.3% $145 / Sq Ft
07/03/2022 07/03/22 For Sale $429,000 -- $141 / 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
2023 $2,057 $278,500 $31,500 $247,000
2022 $937 $148,400 $40,100 $108,300
2021 $707 $118,700 $31,500 $87,200
2020 $1,047 $64,600 $19,300 $45,300
2019 $3,132 $196,400 $109,400 $87,000
2018 $3,385 $209,800 $154,100 $55,700
2017 $3,331 $207,700 $154,100 $53,600
2016 $5,111 $207,000 $154,100 $52,900
2014 $3,176 $208,500 $154,100 $54,400
2013 $3,141 $210,900 $154,100 $56,800
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202227150

Indiana Regional MLS

APN: 87-12-34-200-093.000-019