5555 Grimm Rd Newburgh, IN 47630
Estimated Value: $201,000 - $300,919
3
Beds
3
Baths
3,336
Sq Ft
$73/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 3 Car Detached Garage
- Forced Air Heating and Cooling System
- Newburgh Elementary School Rated A-
About This Home
As of May 20223 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.
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
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%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,230
Avg. Annual Appreciation
14.98%
Original Mortgage
$128,000
Outstanding Balance
$122,218
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$121,012
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Similar Homes in Newburgh, IN
Home Values in the Area
Average Home Value in this Area
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 | $50,000 | |
| 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
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
-
Kimberly Clark
Seller's Agent in 2022
Kimberly Clark
eXp Realty, LLC
(812) 449-2119
304 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202212980
APN: 87-12-32-401-016.000-019
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