NOT LISTED FOR SALE

5497 W Sherwood Dr Newburgh, IN 47630

Estimated Value: $333,058 - $387,000

4 Beds
3 Baths
3,548 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $265,000 $75 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,097/month

322 Days on Market

Highlights

  • Basketball Court
  • Spa
  • Vaulted Ceiling
  • Sharon Elementary School Rated A
  • Primary Bedroom Suite
  • Traditional Architecture

About This Home

As of February 2021

Space to social distance, unique features (as 2 houses in 1), $2,000 Closing Concession! Seller has made updates: siding/concrete pressure washed; Chimney Sweep has swept/tuck pointed; exterior trim, columns, shutters, doors recently painted; tree removed by Garage; replacement drain pipe installed from trench drain to backyard; and garage walls painted. Over 3,500 ft' house and a Garage w/ double and single OH doors. This allows for cars to be driven through/parked on the pad under b-ball goal or for guests to be picked up out a back door. In addition to the interior spaces there are seasonably usable exterior spaces such as heart Redwood screened-in porch w/ new trim/door, walkway from garage pad to large patio fit for dining, small refinished balcony off the Dining Room and expansive front porch w/ room for plants, chairs and chats. Solid oak int. doors and newer wooden windows (yr 2000). Enter this custom-built home by Chad & Dad to a foyer with patterned tiled floor and oak banister/steps. Walk up to main level or down to walk-out basement. Main level has cleaned carpeted Living Room; Dining Room w/ Wainscoting, laminate flooring and new sliding patio door; and Kitchen w/ skylight, clg fan, tiled-floor, custom wood cabinetry/pantry (Haas-Huntingburg), SS Refrigerator, Electric Range w/ Hood and Dishwasher. Strolling the hall you will pass a Closet (bi-fold doors); Family Bathroom w/ skylight, large Closet, double-sink vanity, tub/shower & new toilet; Master Bedroom (newly painted/carpeted), clg fan, walk-in cedar-lined Closet, En Suite w/ skylight, shower & new toilet; Bedroom #2 (newly painted/carpeted), clg fan; & Bedroom #3 w/ clg fan. Enter Basement to a tiled floor area roomy enough so many may pass/gather; Coat Closet; spacious carpeted Bedroom #4 w/ clg fan; cozy Den w/ wood Wainscoting, Benjamin Moore wall paint 2021 Color of The Year, new sconces, wood-burning fireplace w/ a heat exchg/fan and a custom live edge cherry mantel shelf. French doors offer sunlight and provide patio access; sizeable Laundry Room and Bathroom #3 w/ walk-in shower. French door separates these spaces to the remaining basement: Workshop (newly painted and floored), workbenches, new ext. door and baseboard plus utilities for future Kitchen; Flex Room (great for pool table) w/ 2 Closets, new baseboard and floating vinyl tile; Sunroom to relax or entertain w/ skylights, Tongue & Groove ceiling, fans and hot tub. Next is access to Garage or screened-in porch to backyard.

Last Agent to Sell the Property

Anne Crafton

RE/MAX REVOLUTION Listed on: 02/28/2020

RE/MAX REVOLUTION

Last Buyer's Agent

Allen Mosbey

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1978

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 117 x 250
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Chair Railings
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Storage In Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Basketball Court
  • Balcony
  • Patio

Location

  • Suburban Location

Schools

  • Sharon Elementary School
  • Castle South Middle School
  • Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 87-12-35-105-429.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 43
  • Style: Bi-Level
  • Architectural Style: Traditional
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 429 SOUTH BROADVIEW NO 5 SEC A.
  • Parcel Number ID: 87-12-35-105-429.000-019
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Attic Storage, Balcony, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Chair Rail, Closet(s) Cedar, Closet(s) Walk-in, Countertops-Laminate, Court-Basketball, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Natural Woodwork, Patio Open, Porch Covered, Porch Screened, Range/Oven Hook Up Elec, Six Panel Doors, Skylight(s), Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Washer Hook-Up, Custom Cabinetry
  • Cross Street: Woodland Drive
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 98.51
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3548
  • Total Finished Sq Ft: 3548
  • Above Grade Finished Sq Ft: 1674
  • Below Grade Finished Sq Ft: 1874
  • Price Per Sq Ft: 158.3
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Den, Fireplace Screen/Door, Wood Burning, Basement
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Laminate, Tile, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 17x14, On Level: Main
  • Kitchen: Dimensions: 13x15, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Den: Dimensions: 22x13, On Level: Basement
  • Extra Room: Flex Room, Dimensions: 24x15, On Level: Basement
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 14x11, On Level: Main
  • Bedroom 4: Dimensions: 17x15, On Level: Basement
  • Other Room1: Workshop, Dimensions: 24x13, On Level: Basement
  • Other Room 2: Sunroom, Dimensions: 10x23, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1874

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Dimensional Shingles
  • Outbuilding1: Outbuilding, Dimensions: 10x8, 80
  • Fence: Partial, Chain Link, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 27x23
  • Garage Sq Ft: 621
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Electric, Forced Air, Heat Pump, Multiple Heating Systems
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Vectren Corp
  • Water Company: Indiana American Water Co
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Basementx9, On Level: 6

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 117 x 250
  • Estimated Lot Sq Ft: 18295
  • Estimated Lot Size Acres: 0.42

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1537.91
  • Exemptions: Homestead

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

Listed on
Feb 28, 2020
Closed on
Feb 26, 2021
Sold by
Vaslichek Michael D
Bought by
Machen Jason L
Seller's Agent
Anne Crafton
RE/MAX REVOLUTION
Buyer's Agent
Allen Mosbey
ERA FIRST ADVANTAGE REALTY, INC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$356,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,765
Avg. Annual Appreciation
6.68%
Original Mortgage
$260,200
Outstanding Balance
$233,251
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$123,514

Purchase Details

Closed on
Jun 1, 2020
Sold by
Bryan Micahel
Bought by
Vasilchek Michael D

Purchase Details

Closed on
Aug 7, 2012
Sold by
Vasilchek Michael D
Bought by
Bryan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3%
Mortgage Type
Seller Take Back
Source: Public Records

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
Machen Jason L $265,000 None Available
Vasilchek Michael D -- None Available
Bryan Michael $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machen Jason L $260,200
Previous Owner Bryan Michael $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $265,000 -1.5% $75 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
07/17/2020 07/17/20 For Sale $269,000 0.0% $76 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $269,000 -- $76 / 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 $2,456 $322,000 $29,700 $292,300
2023 $2,372 $313,400 $29,700 $283,700
2022 $2,056 $266,400 $45,300 $221,100
2021 $1,673 $213,100 $36,200 $176,900
2020 $1,614 $197,300 $34,000 $163,300
2019 $1,483 $190,200 $34,000 $156,200
2018 $1,420 $181,400 $34,000 $147,400
2017 $2,076 $175,800 $34,000 $141,800
2016 $2,021 $172,800 $34,000 $138,800
2014 $1,203 $170,800 $31,000 $139,800
2013 $1,189 $172,200 $31,000 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202007701

Indiana Regional MLS

APN: 87-12-35-105-429.000-019