NOT LISTED FOR SALE

5555 Grimm Rd Newburgh, IN 47630

Estimated Value: $198,000 - $318,000

3 Beds
3 Baths
3,336 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $160,000 $48 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • 0.81 Acre Lot
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Newburgh Elementary School Rated A-
  • 3 Car Detached Garage

About This Home

As of May 2022

3 bedroom, 3 full bath estate with enclosed front porch and 3 car detached garage located on a corner lot just a few minutes from Gateway Hospital, downtown Newburgh and all the Newburgh schools, shopping and restaurants. This home has been well loved by the same owner since the 1970's. The detached 3 car garage was newly built after a tornado destroyed the original garage. 2 bedrooms and 2 baths are located on the main floor with split floorplan privacy. Hardwood flooring mostly throughout the main level. Large living room with fireplace, arches and built-in's add charm. Upstairs is a large bedroom with walk-in closet and full bath. Large formal dining room with built-in corner cabinet. The kitchen is small, but with some ideas could be transformed. The washer and dryer were brought up from the basement to the main floor many years ago, so the basement stairs were transformed into the laundry closet. There is access to the basement from the exterior. The 3 dimensional roof looks to be newer. A leak at a plumbing boot has been repaired, but damage to the master bedroom ceiling was not repaired. This estate is being sold as-is.

Last Agent to Sell the Property

Kimberly Clark

eXp Realty, LLC Listed on: 04/12/2022

eXp Realty, LLC

Last Buyer's Agent

Kimberly Clark

eXp Realty, LLC Listed on: 04/12/2022

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1939

Lot Details

  • 0.81

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

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

Additional Features

  • 0.81 Acre Lot
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • Holders William Subdivision

Listing and Financial Details

  • Assessor Parcel Number 87-12-32-401-016.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1939
  • Age: 83
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT E 1/2 NE NE. S32 T6 R9 LOT 12 HOLDERS WILLIAM SUB
  • Parcel Number ID: 87-12-32-401-016.000-019
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.09
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3336
  • Total Finished Sq Ft: 3336
  • Above Grade Finished Sq Ft: 1668
  • Below Grade Finished Sq Ft: 1668
  • Price Per Sq Ft: 95.92
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x15, On Level: Main
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Extra Room: Nook, Dimensions: 7x5, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Other Room1: Basement, Dimensions: 36x22, On Level: Basement
  • Main Level Sq Ft: 1668
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1668

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 8x8

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 36x24
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Estimated Lot Sq Ft: 35284
  • Estimated Lot Size Acres: 0.81
  • Lot Number: 12

Tax Info

  • Annual Taxes: 887

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
Apr 12, 2022
Closed on
May 20, 2022
Sold by
Beard Mark T
Bought by
Beard Mark T and Beard Cathie J
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Kimberly Clark
eXp Realty, LLC
List Price
$194,900
Sold Price
$160,000
Premium/Discount to List
-$34,900
-17.91%
Current Estimated Value
$245,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,066
Avg. Annual Appreciation
9.73%
Original Mortgage
$128,000
Outstanding Balance
$122,218
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$96,165
Source: Public Records

Range of Values:

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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
Beard Mark T $160,000 Carl Christopher E
Beard Mark T $160,000 Carl Christopher E
Beard Mark T $160,000 True Title Service Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Mark T $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $160,000 -17.9% $48 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $194,900 -- $58 / 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 $1,316 $194,800 $51,900 $142,900
2023 $1,282 $191,400 $51,900 $139,500
2022 $1,296 $186,100 $51,900 $134,200
2021 $965 $160,600 $51,900 $108,700
2020 $941 $150,400 $38,800 $111,600
2019 $1,019 $150,500 $38,800 $111,700
2018 $890 $144,800 $38,800 $106,000
2017 $794 $140,600 $38,800 $101,800
2016 $773 $138,900 $38,800 $100,100
2014 $673 $136,600 $26,300 $110,300
2013 $481 $118,300 $26,300 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202212980

Indiana Regional MLS

APN: 87-12-32-401-016.000-019