NOT LISTED FOR SALE

522 W Water St Unit 8 Newburgh, IN 47630

Estimated Value: $811,000 - $906,000

0.11 Acre
$7,703,300 Price per Acre
4,792 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $70,000

Est. 1,111% increase in value since last sale

Current estimated payment $4,864/month

114 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • The river is a source of water for the property
  • Newburgh Elementary School Rated A-

About This Lot

As of June 2015

One of the last two Water Street lots in historic Newburgh with a river view! Perfect for a cottage (owners have plans for a New Orleans two-story townhouse). Sellers will consider negotiating back easement access.

Last Agent to Sell the Property

Mark Miller

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/24/2015

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Rebecca Demastus

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $395

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 46x113
  • Waterfront
  • Finished Lot(s)

Parking

  • Public Parking
  • On-Street Parking

Schools

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

Utilities

  • Gas Available
  • The river is a source of water for the property

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 87-15-03-101-032.000-014

Property Details

Property Type

Land

Est. Annual Taxes

$395

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: E 1/2 LOT 8 WILLIAMS ENLG NEWBURGH |
  • Parcel Number ID: 87-15-03-101-032.000-014
  • Platted: Yes
  • Cross Street: Plum St
  • Location: City, Near Walking Trail
  • Road Access: City
  • Road Surface: Paved
  • Parcel Description: Level
  • Road Frontage Description: River Frontage
  • Type of Sale: Private Seller
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Features: Pier/Dock Available
  • Road Frontage: City

Garage/Parking

  • Parking: Public, Street

Utilities

  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Water Type: River
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Schools

  • Elementary School: Newburgh

Lot Info

  • Lot Dimensions: 46x113
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 8
  • Easements: Yes
  • Improvements: Sidewalks

Tax Info

  • Annual Taxes: 394.84

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Curt Mardis Llc
Bought by
Pri Russell C and Pri Rhonda
Current Estimated Value
$847,363

Purchase Details

Closed on
May 21, 2021
Sold by
Austin Mary E and Mardis Donald C
Bought by
Curt Mardis Llc

Purchase Details

Closed on
Apr 20, 2020
Sold by
Rauch John
Bought by
Mardis Donald C and Johnson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2019
Sold by
Murphy Homes Inc
Bought by
Rauch John

Purchase Details

Closed on
Jun 15, 2016
Sold by
Leinenbach Maury
Bought by
President

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jun 30, 2015
Sold by
Simpson Properties Llc
Bought by
Leinenbach Maury
Seller's Agent
Mark Miller
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Rebecca Demastus
ERA FIRST ADVANTAGE REALTY, INC
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pri Russell C -- Foreman Watson Land Title
Curt Mardis Llc -- None Available
Mardis Donald C $99,900 Bosse Title Co
Rauch John -- None Available
President $72,000 --
Leinenbach Maury -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mardis Donald C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $70,000 -22.1% --
06/18/2015 06/18/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $89,900 -- --
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 $4,668 $444,600 $68,400 $376,200
2023 $4,335 $433,500 $68,400 $365,100
2022 $3,745 $311,600 $68,400 $243,200
2021 $1,752 $80,400 $80,400 $0
2020 $1,751 $80,400 $80,400 $0
2019 $428 $19,600 $19,600 $0
2018 $427 $19,600 $19,600 $0
2017 $434 $19,600 $19,600 $0
2016 $429 $19,600 $19,600 $0
2014 $395 $19,600 $19,600 $0
2013 $153 $7,800 $7,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Miller

    Seller's Agent in 2015

    Mark Miller

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 760-1506

    7 in this area

    110 Total Sales

    Mark Miller
    Section Image
  • Rebecca Demastus

    Buyer's Agent in 2015

    Rebecca Demastus

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-9345

    23 in this area

    337 Total Sales

    Rebecca Demastus
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201507906

Indiana Regional MLS

APN: 87-15-03-101-032.000-014

Indiana Warrick County Newburgh 47630

522 W Water St Unit 8, Newburgh, IN

Not Listed for Sale

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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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