$700,000
SOLD SEP 6, 2018

525 E Jennings St Newburgh, IN 47630

4 Beds
3 Baths
4,134 Sq Ft
0.54 Acres

Recently Sold

$169 Per Sq Ft

20% Below List Price

193 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Great Room
  • Newburgh Elementary School Rated A-
  • Wood Flooring
  • Stone Countertops

About This Home

As of September 2018

Spectacular downtown Newburgh home with amazing views of the Ohio River! Completely remodeled and updated to perfection. This dream home has a large open floor plan and spacious rooms. As you enter, you're drawn in to the breathtaking views. Beautiful oak floors throughout the home and individual brick tiles grouted into the wall in the kitchen and dining room area. The great room offers plenty of natural lighting and a brick wood burning fireplace. The kitchen is any chef's dream with a pot rack, large kitchen island with breakfast bar and vegetable sink, stainless steel appliances, custom Amish built hickory cabinetry and an abundance of counter space for prep room. The great room has doors that lead out to the spacious Trex deck that has plenty of room for a grill, table and chairs, and entertainment space for guests. Watching fireworks on the riverfront will never be the same, and you don't even have to leave home! Sliding doors lead to a private bar area and also a full bath and bedroom. On the other side of the main level is two additional bedrooms, a full bath, and laundry room. The master suite is unlike any other. Beginning on the main floor with a library area that leads up to the bedroom. Off of the bedroom is a sitting room which could be used as a personal office. The master bath has a walk in shower, soaking tub, granite counter tops, and a huge walk-in closet! Downstairs is a finished walkout basement with a rec room area to put work out equipment or possibly even a pool table. Off of the 3 car tandem garage is a large unfinished storage room.

Last Agent to Sell the Property

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC Listed on: 01/05/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Misty Bosse

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1900

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 140 x 170
  • Backs to Open Ground
  • Level Lot

Parking

  • 3 Car Garage
  • Tandem Garage
  • Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer Hookup

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,553

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 5 SPRINKLES OUT LOTS |
  • Parcel Number ID: 87-15-03-207-005.000-014
  • Platted: Yes
  • Amenities: Bar, Built-In Bookcase, Ceiling Fan(s), Countertops-Stone, Crown Molding, Deck Open, Disposal, Kitchen Island, Open Floor Plan, Tub and Separate Shower, Tub/Shower Combination, Great Room, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.55
  • Special Features: None

Interior Features

  • Total Sq Ft: 4885
  • Total Finished Sq Ft: 4134
  • Above Grade Finished Sq Ft: 3551
  • Below Grade Finished Sq Ft: 583
  • Below Grade Sq Ft: 751
  • Price Per Sq Ft: 197.13
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 36x15, On Level: Main
  • Kitchen: Dimensions: 17x14, On Level: Main
  • Dining Room: Dimensions: 19x12, On Level: Main
  • Recreation Room: Dimensions: 36x11, On Level: Basement
  • Extra Room: Family Room/Bar Room, Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 18x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 23x13, On Level: Main
  • Bedroom 4: Dimensions: 13x12, On Level: Main
  • Other Room1: Foyer, Dimensions: 9x6, On Level: Main
  • Other Room 2: Office in Master, Dimensions: 14x13, On Level: Main
  • Other Room 3: Sitting Room, Dimensions: 15x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1334

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Tandem
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 36x47
  • Garage Sq Ft: 1692
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Laundry: Dimensions: Mainx7, On Level: 9

Schools

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

Lot Info

  • Lot Description: Level, Slope, 0-2.9999
  • Lot Dimensions: 140 x 170
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Tax Info

  • Annual Taxes: 3553.26
  • Exemptions: Homestead, Mortgage, Supplemental

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: 201800687

Indiana Regional MLS

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