NOT LISTED FOR SALE

5266 Bell Rd Newburgh, IN 47630

Estimated Value: $113,000 - $1,361,000

7 Beds
4.5 Baths
4,488 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $250,000 $56 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,249/month

89 Days on Market

Highlights

  • Partially Wooded Lot
  • Luxury Vinyl Tile Flooring
  • Level Lot
  • Newburgh Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

What a Great Unique Investment in Newburgh! First Building has 2 units one with three bedrooms, 1.5 baths and second with 2 bedrooms and 1 bath with attached 2 car carport, laundry in lower unit other laundry in basement area. Second building has two 1 bedroom units on the upper level. On the main level is a great potential of a workshop/storage rental with 1238 square feet of useful space. Large driveway with lots of parking for the units. One parcel has an older barn included with sale. Some of the units have newer carpet/flooring. Fantastic rental property with all 4 units currently rented. Private setting with close proximity to all the local eateries and stores. Property located just south of the entrance to Copper Creek Subdivision with over 3/4 Acre of land included with sale.

Last Listed By

RANDAL FOLZ

FOLZ REALTORS Listed on: 10/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,923

Year Built

  • Built in 1969

Lot Details

  • 0.87 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Masonry Siding
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 4,488 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 87-12-34-200-026.000-019

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $1,695
  • Trash Expense $1,584
  • Water Sewer Expense $1,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,923

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1969
  • Age: 53
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW NE S34 T6 R9 .681 S PT SW NE S34 T6 R9 .093821 A PT SW NE S34 T6 R9 08104 A
  • Parcel Number ID: 87-12-34-200-026.000-019
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Location: City/Town/Suburb
  • Parcel Id2: 87-12-34-200-075.000-019
  • Sp Lp Percent: 74.63
  • Monthly Gross Income: 2150
  • Special Features: None

Interior Features

  • Total Sq Ft: 4488
  • Total Finished Sq Ft: 4488
  • Above Grade Finished Sq Ft: 4488
  • Price Per Sq Ft: 55.7
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick, Vinyl, Masonry
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1695
  • Annual Trash Expense: 1584
  • Annual Water Sewer Expense: 1080
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Estimated Lot Sq Ft: 37714
  • Estimated Lot Size Acres: 0.8658

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2150
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Hughes Barrie L
Bought by
Barrie Hughes Properties Llc
Total Days on Market
89
Current Estimated Value
$583,000

Purchase Details

Listed on
Oct 9, 2021
Closed on
Feb 23, 2022
Sold by
Estate Of Roger A Barnes
Bought by
Hughes Barrie L
Seller's Agent
RANDAL FOLZ
FOLZ REALTORS
Buyer's Agent
Amy Bender
FOLZ REALTORS
List Price
$335,000
Sold Price
$250,000
Premium/Discount to List
-$85,000
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.87%

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
Barrie Hughes Properties Llc -- None Listed On Document
Barrie Hughes Properties Llc -- None Listed On Document
Hughes Barrie L $250,000 Regional Land Title
Barnes Douglas A $250,000 Steinhart Amy E
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $250,000 -25.4% $56 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
10/09/2021 10/09/21 For Sale $335,000 -- $75 / 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 $16 $1,100 $1,100 $0
2023 $16 $1,100 $1,100 $0
2022 $16 $1,100 $1,100 $0
2021 $17 $1,100 $1,100 $0
2020 $8 $500 $500 $0
2019 $8 $500 $500 $0
2018 $8 $500 $500 $0
2017 $8 $500 $500 $0
2016 $8 $500 $500 $0
2014 $8 $500 $500 $0
2013 $7 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

  • RANDAL FOLZ

    Seller's Agent in 2022

    RANDAL FOLZ

    FOLZ REALTORS

    (812) 760-4120

    61 Total Sales

    RANDAL FOLZ
    Section Image

  • A

    Buyer's Agent in 2022

    Amy Bender

    FOLZ REALTORS

    (812) 457-6324

    48 Total Sales

    Amy Bender
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202142828

Indiana Regional MLS

APN: 87-12-34-200-075.000-019

Indiana Warrick County Newburgh 47630

5266 Bell Rd, Newburgh, IN

Homes for Sale in Newburgh, IN

This home is located at 5266 Bell Rd, Newburgh, IN 47630 since 09 October 2021 and is currently estimated at $583,000, approximately $129 per square foot. This property was built in 1969. 5266 Bell Rd is a home located in Warrick County with nearby schools including Newburgh Elementary School, Castle North Middle School, and Castle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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