$360,000
SOLD DEC 4, 2012

525 E Jennings St Newburgh, IN 47630

4 Beds
2.5 Baths
3,785 Sq Ft
0.54 Acres

Recently Sold

$95 Per Sq Ft

25% Below List Price

436 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Newburgh Elementary School Rated A-
  • 1.5-Story Property
  • 2 Fireplaces

About This Home

As of September 2018

RIVER VIEW ESTATE IN HISTORIC DOWNTOWN NEWBURGH. HOME IS PASSIVE SOLAR DESIGNED. MASTER SUITE WAS DESIGNED FOR THE BED IN THE MIDDLE, SO MOONLIGHT DRIFTS FROM LEFT MIDDLE RIGHT UPPER WINDOWS ON BED THROUGH NIGHT. ORIGINAL HOME WAS A CABIN BUILT IN 1900 AND HAD BEEN USED AS A VACATION SPOT FOR PREVIOUS OWNERS. PROPERTY WAS BOUGHT AND HOME WAS EXPANDED AND REMODLEDED IN 1999 BY CURRENT OWNERS. ENJOY PANORAMIC VIEWS FROM ALMOST EVERY ROOM. OPEN FLOORPLAN, HIGH CEILINGS, HUGE WINDOWS. 18 FOOT CEILING IN MASTER SUITE WITH OBSERVATION AREA. MASTER SUITE HAS 2 LARGE WALKIN CLOSETS, WHIRPOOL TUB AND SEPERATE SHOWER, DOUBLE VANITIES. UPDATED KITCHEN WITH GRANITE COUNTERTOPS, BREAKFAST BAR, TONS OF CABINETS, PLANING DESK. CONFORTABLE AND SPACIOUS WITH 2 FIREPLACES. DEN HAS SUNROOM AND WET BAR, ALSO A HALF BATH. 56 FOOT LONG WRAP AROUND DECK WITH PANORAMIC VIEWS. 13X127 AGGREGATE PATIO, AND A 12X10 AGGREGATE HOT TUB PAD. TONS OF STORAGE, A 27.3X23 UNFINISHED BASEMENT AND A HUGE 39.2X11.2 BASEMENT Water View

Last Agent to Sell the Property

Carson Lowry

RE/MAX REVOLUTION Listed on: 08/01/2011

RE/MAX REVOLUTION

Last Buyer's Agent

Kathy Grant Murrell

Landmark Realty & Development, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,891

Year Built

  • Built in 1999

Parking

  • 3 Car Garage

Home Design

  • 1.5-Story Property
  • Vinyl Construction Material

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Schools

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

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 140x170

Community Details

  • Sprinklesburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 87-15-03-207-005.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,891

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1999
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 5 SPRINKLES OUT LOTS |
  • Parcel Number ID: 87-15-03-207-005.000-014
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Jet Tub, Patio Open, Twin Sink Vanity, Wet Bar, Stand Up Shower, Main Level Bedroom Suite
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3785
  • Total Finished Sq Ft: 3785
  • Above Grade Finished Sq Ft: 3346
  • Below Grade Finished Sq Ft: 439
  • Price Per Sq Ft: 107.59
  • Basement Foundation: Partially Finished
  • Number Of Fireplaces: 2
  • Fireplace: Two
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x20, On Level: Main
  • Kitchen: Dimensions: 13x15, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Den: Dimensions: 25x12, On Level: Main
  • Recreation Room: Dimensions: 39x11, On Level: Basement
  • Extra Room: Sun Room, Dimensions: 15x10, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 17x13, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Upper
  • Bedroom 4: Dimensions: 10x12, On Level: Main
  • Other Room1: Foyer, Dimensions: 9x5, On Level: Main
  • Other Room 2: Sitting Room, On Level: Main
  • Loft: Dimensions: 15x15, On Level: Upper
  • Total Below Grade Sq Ft: 439

Exterior Features

  • Exterior: Aluminum, Vinyl

Garage/Parking

  • Garage Number Of Cars: 3
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx9, On Level: 7

Schools

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

Lot Info

  • Lot Dimensions: 140X170

Tax Info

  • Annual Taxes: 2891
  • Exemptions: Homestead

MLS Schools

  • High School: Castle
  • Middle School: Castle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Sep 6, 2018
Sold by
Tran Hoang S
Bought by
Brasseale Kent A and Brasseale Elyse A
Seller's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Misty Bosse
ERA FIRST ADVANTAGE REALTY, INC
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%
Current Estimated Value
$709,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,048
Avg. Annual Appreciation
0.19%
Original Mortgage
$560,000
Outstanding Balance
$493,334
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$215,714

Purchase Details

Listed on
Aug 1, 2011
Closed on
Nov 4, 2012
Sold by
Reed Andrew J and Dixon Theresa A
Bought by
Tran Hoang S
Seller's Agent
Carson Lowry
RE/MAX REVOLUTION
Buyer's Agent
Kathy Grant Murrell
Landmark Realty & Development, Inc
List Price
$480,000
Sold Price
$360,000
Premium/Discount to List
-$120,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$288,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Old Republic Natl Ttl Ins Co
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Closed $305,000 New Conventional
Open $560,000 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $288,000 Adjustable Rate Mortgage/ARM
Previous Owner $184,700 New Conventional
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $700,000 -12.4% $169 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $799,500 -3.1% $193 / Sq Ft
05/29/2018 05/29/18 Price Changed $824,900 -5.7% $200 / Sq Ft
01/05/2018 01/05/18 For Sale $875,000 +143.1% $212 / Sq Ft
12/04/2012 12/04/12 Sold $360,000 -25.0% $95 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
08/01/2011 08/01/11 For Sale $480,000 -- $127 / 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 $7,289 $728,900 $115,700 $613,200
2023 $7,111 $711,100 $115,700 $595,400
2022 $6,764 $676,400 $115,700 $560,700
2021 $6,698 $669,800 $159,900 $509,900
2020 $6,761 $676,100 $159,800 $516,300
2019 $7,011 $701,100 $110,900 $590,200
2018 $6,228 $622,800 $97,500 $525,300
2017 $3,553 $350,600 $97,500 $253,100
2016 $3,514 $346,600 $97,500 $249,100
2014 $3,541 $350,200 $97,500 $252,700
2013 $2,822 $278,500 $29,300 $249,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 876336

Indiana Regional MLS

APN: 87-15-03-207-005.000-014