NOT LISTED FOR SALE

5544 Inverness Dr Unit 1 Newburgh, IN 47630

Estimated Value: $66,000 - $254,000

1.23 Acres
$115,619 Price per Acre
53,579 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $75,000

Est. 90% increase in value since last sale

Current estimated payment $867/month

98 Days on Market

About This Lot

As of May 2022

Build your dream home on this 1.23 LAKE LOT in Newburgh. Perfect for Walk-out Basement. No association dues for subdivision. Estimate for lake maintenance is $220.00 (last year 2021). Located in Sharon Hills Estates which is easy access to Highway 66. City utilities.

Last Agent to Sell the Property

Johnna Hancock-Blake

Berkshire Hathaway HomeServices Indiana Realty Listed on: 01/21/2022

Berkshire Hathaway HomeServices Indiana Realty

Last Buyer's Agent

Kayla Yeh

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $578

Lot Details

  • 1.23 Acre Lot
  • Property fronts an easement
  • Finished Lot(s)

Schools

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

Community Details

  • Sharon Hills Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 87-12-36-409-001.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$578

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 1 Sharon Hills Estates Sec B-1
  • Parcel Number ID: 87-12-36-409-001.000-019
  • Platted: Yes
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 50
  • Parcel Description: Irregular, Lake, Water View
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2021
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Public

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 53579
  • Estimated Lot Size Acres: 1.23
  • Easements: Yes

Tax Info

  • Annual Taxes: 577.92

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
Jan 21, 2022
Closed on
May 27, 2022
Sold by
Nieves Waldemar Gordils
Bought by
Yeh Kayla
Seller's Agent
Johnna Hancock-Blake
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
Kayla Yeh
ERA FIRST ADVANTAGE REALTY, INC
List Price
$150,000
Sold Price
$75,000
Premium/Discount to List
-$75,000
-50%
Total Days on Market
98
Current Estimated Value
$142,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,211
Avg. Annual Appreciation
23.21%
Original Mortgage
$60,000
Outstanding Balance
$51,068
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$90,082

Purchase Details

Listed on
Jan 21, 2022
Closed on
May 21, 2022
Sold by
Gordils Waldemar and Gordils Mercy L
Bought by
Yeh Justin and Yeh Kayla
Seller's Agent
Johnna Hancock-Blake
Berkshire Hathaway HomeServices Indiana Realty
Buyer's Agent
Kayla Yeh
ERA FIRST ADVANTAGE REALTY, INC
List Price
$150,000
Sold Price
$75,000
Premium/Discount to List
-$75,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$51,068
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$90,082

Purchase Details

Closed on
Sep 22, 2020
Sold by
Paro Edward and Paro Sofie
Bought by
Nieves Waldemar Gordils and Gordils Mercy L

Purchase Details

Closed on
Jun 28, 2018
Sold by
Highland Development Corporation
Bought by
Paro Edward and Paro Sofie
Source: Public Records

Similar Property in Newburgh, IN

  • 5222 Oak Grove Rd, Newburgh, IN 47630

    $150,000

    • Land
    • 1.5 Acres
    • $100,000 per Acre
    • 5222 Oak Grove Rd
    • Newburgh, IN

    Newly surveyed 1.50 Acres on Oak Grove Road. Survey from Morley will be recorded at closing. No building restrictions at this time

    Janice Miller ERA FIRST ADVANTAGE REALTY, INC

    Section Image
See All Homes in Newburgh

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
Yeh Kayla $75,000 Columbia Title Inc
Yeh Justin $75,000 Spigle John E
Nieves Waldemar Gordils -- None Available
Paro Edward -- None Available
Highland Development Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeh Justin $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $75,000 -50.0% --
04/29/2022 04/29/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $150,000 -- --
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 $812 $56,600 $56,600 $0
2023 $842 $56,600 $56,600 $0
2022 $697 $50,800 $50,800 $0
2021 $576 $36,600 $36,600 $0
2020 $550 $33,900 $33,900 $0
2019 $526 $40,600 $40,600 $0
2018 $19 $1,200 $1,200 $0
2017 $19 $1,200 $1,200 $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

  • Johnna Hancock-Blake

    Seller's Agent in 2022

    Johnna Hancock-Blake

    Berkshire Hathaway HomeServices Indiana Realty

    (812) 449-9056

    267 Total Sales

    Johnna Hancock-Blake
    Section Image
  • Kayla Yeh

    Buyer's Agent in 2022

    Kayla Yeh

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 422-4096

    95 Total Sales

    Kayla Yeh
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202202268

Indiana Regional MLS

APN: 87-12-36-409-001.000-019

Indiana Warrick County Newburgh 47630

5544 Inverness Dr Unit 1, Newburgh, IN

This home is located at 5544 Inverness Dr Unit 1, Newburgh, IN 47630 since 21 January 2022 and is currently estimated at $142,211. 5544 Inverness Dr Unit 1 is a home located in Warrick County with nearby schools including Yankeetown 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