NOT LISTED FOR SALE

5488 Medinah Dr Newburgh, IN 47630

Estimated Value: $917,000 - $1,099,517

0.94 Acre
$1,075,531 Price per Acre
41,142 Sq Ft Lot

Last Sold August 13, 2013

Last sale price $218,000

Est. 366% increase in value since last sale

Current estimated payment $6,101/month

304 Days on Market

Highlights

  • Waterfront
  • 0.94 Acre Lot
  • Lake, Pond or Stream
  • John H. Castle Elementary School Rated A-

About This Lot

As of August 2013

Welcome to The Lakes at Victoria Manor! This gorgeous building site is the only lake lot currently for sale in The Lakes section of Victoria, and includes a 118' seawall already constructed along the entire back lot line. Build your dream home in this prestigious community and enjoy one of the prettiest lakes in Warrick County. Victoria Manor is the home of the Victoria National Golf Club which delivers world-class golfing experiences with the character, charm, and hospitality of Southern Indiana.

Last Agent to Sell the Property

Chris Schafer

@properties Listed on: 09/13/2012

Last Buyer's Agent

Chris Schafer

@properties Listed on: 09/13/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,396

Lot Details

  • 0.94 Acre Lot
  • Waterfront
  • Finished Lot(s)

Schools

  • Castle Elementary School
  • Castle North Middle School
  • Castle High School

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-13-18-103-019.000-002

Community Details

Overview

  • Victoria Manor Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,396

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 19 Victoria Manor Phase 1 |
  • Parcel Number ID: 87-13-18-103-019.000-002
  • Platted: Yes
  • Location: Suburb
  • Road Surface: Paved
  • Parcel Description: Cul-De-Sac, Waterfront
  • Restrictions: Covenants
  • Type Use: Residential
  • Year Taxes Payable: 2013
  • Special Features: None

Utilities

  • Water Utilities: City
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 622

Schools

  • Elementary School: Castle
  • Middle School: Castle North
  • High School: Castle
  • Elementary School: Castle

Lot Info

  • Estimated Lot Sq Ft: 41142
  • Estimated Lot Size Acres: 0.9445
  • Improvements: Sidewalks

Tax Info

  • Annual Taxes: 1396

MLS Schools

  • High School: Castle
  • Middle School: Castle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2014
Sold by
Ahmed Dr Ashraf
Bought by
Ahmed Dr Ashraf and Ahmed Jenny
Current Estimated Value
$1,015,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$115,340
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$900,499

Purchase Details

Listed on
Sep 13, 2012
Closed on
Aug 12, 2013
Sold by
Jegs Properties Llc
Bought by
Ahmed Dr Ashraf
Seller's Agent
Chris Schafer
@properties
Buyer's Agent
Chris Schafer
@properties
List Price
$230,000
Sold Price
$218,000
Premium/Discount to List
-$12,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
May 28, 2008
Sold by
Bulzer Bart and Bulzer Sally
Bought by
Jegs Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ahmed Dr Ashraf -- None Available
Ahmed Dr Ashraf -- None Available
Jegs Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Dr Ashraf $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $218,000 -5.2% --
07/14/2013 07/14/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $230,000 -- --
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 $8,332 $942,400 $154,900 $787,500
2023 $8,403 $936,500 $154,900 $781,600
2022 $6,767 $705,600 $140,900 $564,700
2021 $7,983 $785,500 $218,100 $567,400
2020 $7,884 $769,100 $218,100 $551,000
2019 $13,638 $766,300 $213,800 $552,500
2018 $12,950 $749,100 $213,800 $535,300
2017 $12,666 $733,100 $213,800 $519,300
2016 $12,510 $733,300 $213,800 $519,500
2014 $1,352 $82,700 $82,700 $0
2013 $1,365 $82,700 $82,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Schafer

    Seller's Agent in 2013

    Chris Schafer

    @properties

    (812) 430-9630

    15 in this area

    134 Total Sales

    Chris Schafer
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 951647

Indiana Regional MLS

APN: 87-13-18-103-019.000-002

Indiana Warrick County Newburgh 47630

5488 Medinah Dr, Newburgh, IN

This home is located at 5488 Medinah Dr, Newburgh, IN 47630 since 13 September 2012 and is currently estimated at $1,015,839. 5488 Medinah Dr is a home located in Warrick County with nearby schools including John H. Castle 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.

Nearby Homes