NOT LISTED FOR SALE

5399 Lake Newburgh Dr Newburgh, IN 47630

Estimated Value: $113,000 - $243,000

0.97 Acre
$191,409 Price per Acre
42,253 Sq Ft Lot

Last Sold September 24, 2015

Last sale price $67,500

Est. 175% increase in value since last sale

Current estimated payment $1,224/month

209 Days on Market

Highlights

  • Lake Front
  • Sharon Elementary School Rated A
  • Lake, Pond or Stream

About This Lot

As of September 2015

Hurry! Hard to find location and size! Beautiful 1+ acre cul-de-sac lot/ lake front lot in exclusive Lake Newburgh Subdivision. May be combined with lot located adjacently at 8344 Shore Drive for over 2 acres of estate sized building lot.

Last Listed By

Kim James

ERA FIRST ADVANTAGE REALTY, INC Listed on: 02/04/2015

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $983

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 134 x 300
  • Lake Front
  • Finished Lot(s)

Parking

  • Driveway

Location

  • Suburban Location

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 87-12-34-214-009.000-019

Community Details

Overview

  • Lake Newburgh Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions, deed restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$983

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 9 Lake Newburgh .97A |
  • Parcel Number ID: 87-12-34-214-009.000-019
  • Platted: Yes
  • Location: Subdivision, Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 90.12
  • Parcel Description: Cul-De-Sac, Lake, Partially Wooded, Waterfront, Undeveloped, Planned Unit Development
  • Restrictions: Building Restrictions, Covenants, Deed Restrictions
  • Type of Sale: Private Seller
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Lake Type: Non Ski Lake
  • Water Name: L Lake
  • Road Frontage: City

Utilities

  • Water Utilities: Available, Public
  • Electric Company: CenterPoint Energy
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Public

Schools

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

Lot Info

  • Lot Dimensions: 134 X 300
  • Estimated Lot Sq Ft: 42253
  • Estimated Lot Size Acres: 0.97
  • Improvements: Street Lights, Storm Sewers, Underground Service

Tax Info

  • Annual Taxes: 983

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Weyer Jonathan and Weyer Gurpreet
Bought by
Malhotra Manish and Malhotra Amanda
Total Days on Market
209
Current Estimated Value
$185,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$114,343
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$71,324

Purchase Details

Closed on
Nov 8, 2013
Sold by
Miller Bruce A and Miller Carole L
Bought by
Illingworth William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
Unknown

Range of Values:

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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
Malhotra Manish -- None Available
Illingworth William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Manish $132,000
Previous Owner Weyer Jonathan L $100,000
Previous Owner Illingworth William C $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $67,500 -15.5% --
09/01/2015 09/01/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $79,900 -- --
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 $2,276 $158,700 $158,700 $0
2023 $2,361 $158,700 $158,700 $0
2022 $2,315 $158,700 $158,700 $0
2021 $2,341 $148,700 $148,700 $0
2020 $2,234 $137,700 $137,700 $0
2019 $2,230 $137,700 $137,700 $0
2018 $2,191 $137,700 $137,700 $0
2017 $2,177 $137,700 $137,700 $0
2016 $2,165 $137,700 $137,700 $0
2014 $1,009 $66,200 $66,200 $0
2013 $986 $66,200 $66,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201505675

Indiana Regional MLS

APN: 87-12-34-214-009.000-019