$80,000
SOLD FEB 23, 2016

5511 Aberdeen Ln Newburgh, IN 47630

2.43 Acres
$32,922 Price per Acre
105,851 Sq Ft Lot

Recently Sold

11% Below List Price

1,823 Days on Market

Highlights

  • Lake, Pond or Stream
  • Castle North Middle School Rated A-
  • Agricultural

About This Lot

As of May 2017

BEAUTIFUL BUILDING SITE WITH LAKE ACCESS.SELLER HOLDS INDIANA REAL ESTATE LICENSE. RB14031521

Last Agent to Sell the Property

Don Lee

DON LEE REALTY Listed on: 02/24/2011

Last Buyer's Agent

Don Lee

DON LEE REALTY Listed on: 02/24/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,635

Year Built

  • 2018

Lot Details

  • 2.43 Acre Lot
  • Lot Dimensions are 141x46x50x232x168x25x32x258x161x141x254
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Driveway

Schools

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

Additional Features

  • Agricultural
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-36-409-003.000-019

Community Details

Overview

  • Sharon Hills Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$10,635

Year Built

2018

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: LOT 3 SHARON HILLS ESTATES SEC B-1 |
  • Parcel Number ID: 87-12-36-409-003.000-019
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94.23
  • Parcel Description: Partially Wooded
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None
  • Year Built (Public Record): 2018

Exterior Features

  • Water Name: Sharon Lake
  • Road Frontage: County

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 141x46x50x232x168x25x32x258x161x141x254
  • Estimated Lot Sq Ft: 105851
  • Estimated Lot Size Acres: 2.43
  • Easements: Yes

Tax Info

  • Annual Taxes: 17.86

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 12, 2017
Sold by
Boyd Paula
Bought by
Gamblin Kenneth and Gamblin Meredith
Seller's Agent
Don Lee
DON LEE REALTY
Buyer's Agent
Stephanie Morris
F.C. TUCKER EMGE
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Total Days on Market
1823
Current Estimated Value
$1,055,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,619
Avg. Annual Appreciation
37.00%

Purchase Details

Listed on
Feb 24, 2011
Closed on
Mar 1, 2016
Sold by
Freudenberg Charles W
Bought by
Boyd Paula
Seller's Agent
Don Lee
DON LEE REALTY
Buyer's Agent
Don Lee
DON LEE REALTY
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Feb 17, 2010
Sold by
Cobb Johnathan D and Cobb John
Bought by
Highland Development Corporation

Purchase Details

Closed on
Oct 26, 2007
Sold by
Freudenberg Delores Joan
Bought by
Highland Development Corp

Purchase Details

Closed on
Aug 25, 2007
Sold by
Highland Development Corp
Bought by
Cobb John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
6.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $80,000 --
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 Credit Line Revolving
Open $732,000 Construction
Previous Owner $55,920 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $80,000 -5.8% --
04/22/2017 04/22/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $84,900 +6.1% --
02/23/2016 02/23/16 Sold $80,000 -11.0% --
02/21/2016 02/21/16 Pending -- -- --
02/24/2011 02/24/11 For Sale $89,900 -- --
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 $10,635 $1,144,700 $110,100 $1,034,600
2023 $10,577 $1,125,900 $110,100 $1,015,800
2022 $10,708 $1,088,200 $100,500 $987,700
2021 $9,174 $893,800 $107,300 $786,500
2020 $8,780 $827,600 $98,900 $728,700
2019 $13,459 $830,700 $94,900 $735,800
2018 $1,462 $94,900 $94,900 $0
2017 $1,221 $80,200 $80,200 $0
2016 $19 $1,200 $1,200 $0
2014 $18 $1,200 $1,200 $0
2013 $18 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 949651

Indiana Regional MLS

APN: 87-12-36-409-003.000-019