NOT LISTED FOR SALE

5522 Sherwood Ct Newburgh, IN 47630

Estimated Value: $76,000 - $276,000

4 Beds
2.5 Baths
2,548 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $349,500 $137 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $1,019/month

39 Days on Market

Highlights

  • 48 Feet of Waterfront
  • Lake Property
  • Traditional Architecture
  • Sharon Elementary School Rated A
  • Partially Wooded Lot
  • Stone Countertops

About This Home

As of March 2024

Enjoy Lakefront Living on this deep, .58 Acre Lot, in this Beautifully Updated, Light and Bright 4 BR, 2.5 Bath, 2 Story Home with Attached 2 Car Garage, on a quiet dead end street! Some of the Updates include: gorgeous wood-laminate flooring, all new Kitchen with white Amish built cabinets and quartz countertops, island, and plenty of storage with 2 pantries. Large Living Room with glass doors to the pretty Dining Room that is next to the Kitchen. Off the Kitchen is the Family Room with white-washed wood burning fireplace, cathedral ceilings, and doors to the huge deck. The cheery Laundry has a new wall of white cabinets and cute corner sink. Upstairs are 4 BRs: huge Master Suite with Walk-In Closet, which is separate from the updated private Bath. Rounding out the 2nd floor are 3 more BRs, Updated Hall Bath, and 2 closets. The Attached Garage has new metal pull-down stairs to  attic storage, insulated door, and service door. The yard is ideal for outdoor fun! Huge deck and yard to play in, new 16x20 shed with elec, and you have rights to swim, fish, and kayak. There is even an irrigation system that feeds from the lake with no water cost to the owner! This home has been meticulously maintained and updated - see the list of updates and maintenance...too much to list. There are also no popcorn ceilings here!

Last Agent to Sell the Property

Jane Crowley

RE/MAX REVOLUTION Brokerage Phone: 812-760-7334 Listed on: 12/06/2023

RE/MAX REVOLUTION

Last Buyer's Agent

Judy Fleming

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1979

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 94x218
  • 48 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Irrigation
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Utility Room in Garage
  • Laundry on main level
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • South Broadview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 87-12-35-301-574.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,915

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1979
  • Age: 45
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 574 SOUTH BROADVIEW # 5 SEC D AMENDED PLAT and Lot 568 South Broadview #5 Sec D Amended Plat
  • Parcel Number ID: 87-12-35-301-574.000-019
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Countertops-Stone, Deck Open, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Irrigation System, Kitchen Island, Landscaped, Twin Sink Vanity, Tub/Shower Combination, Main Floor Laundry, Garage Utilities
  • Location: City/Town/Suburb, Lake
  • Parcel Id2: 87-12-35-301-600.000-019
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2548
  • Total Finished Sq Ft: 2548
  • Above Grade Finished Sq Ft: 2548
  • Price Per Sq Ft: 137.17
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 23x13, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 21x13, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 14x11, On Level: Upper
  • Bedroom 4: Dimensions: 17x12, On Level: Upper
  • Other Room1: Laundry, Dimensions: 11x8, On Level: Main
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 12x16
  • Water Frontage: 48

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Water Type: Lake

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Waterfront, 0-2.9999, Lake, Water View
  • Lot Dimensions: 94X218
  • Estimated Lot Sq Ft: 25264
  • Estimated Lot Size Acres: 0.58
  • Lot Number: 574

Tax Info

  • Annual Taxes: 1915
  • Exemptions: Homestead, Mortgage

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

Listed on
Dec 6, 2023
Closed on
Mar 1, 2024
Sold by
Payne Tommie J and Payne Amy L
Bought by
Borland Nathan and Borland Amy
Seller's Agent
Jane Crowley
RE/MAX REVOLUTION
Buyer's Agent
Judy Fleming
ERA FIRST ADVANTAGE REALTY, INC
List Price
$349,500
Sold Price
$349,500
Views
104
Current Estimated Value
$190,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,833
Avg. Annual Appreciation
-27.70%
Original Mortgage
$253,866
Outstanding Balance
$250,655
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$41,988
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
Borland Nathan $349,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borland Nathan $253,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $349,500 0.0% $137 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $349,500 0.0% $137 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $349,500 +63.3% $137 / Sq Ft
04/01/2016 04/01/16 Sold $214,000 -8.9% $84 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $234,900 -- $92 / 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 $93 $12,700 $12,700 $0
2023 $43 $2,900 $2,900 $0
2022 $42 $2,900 $2,900 $0
2021 $150 $9,500 $9,500 $0
2020 $154 $9,500 $9,500 $0
2019 $154 $9,500 $9,500 $0
2018 $151 $9,500 $9,500 $0
2017 $150 $9,500 $9,500 $0
2016 $149 $9,500 $9,500 $0
2014 $163 $10,700 $10,700 $0
2013 $159 $10,700 $10,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202343917

Indiana Regional MLS

APN: 87-12-35-301-600.000-019