NOT LISTED FOR SALE

5577 N Cypress St Newburgh, IN 47630

Estimated Value: $416,000 - $508,000

5 Beds
3 Baths
3,055 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $334,500 $109 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,799/month

71 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 1.39 Acre Lot
  • 2 Fireplaces
  • Sharon Elementary School Rated A
  • Lake Property
  • 3 Car Attached Garage

About This Home

As of August 2019

***RARE IN NEWBURGH!! PRICED BELOW APPRAISAL!!! *** This AMAZING Newburgh home is a former Parade HOME OF THE YEAR! Featuring endless curb appeal and nestled on a double lot with many mature trees and beautiful landscaping, the captivating lake views make this home an extremely rare find! The Main Floor features a Living Room, Family Room with wood-burning fireplace, spacious eat-in Kitchen with plenty of counter tops, cabinets with pull out drawers and sunburst glass, Laundry Room with cabinets and closets, half Bathroom and a fantastic screened-in Porch to take in the magnificent lake views. Just off of the Screened-in Porch is the beautiful and VERY SPACIOUS trex deck over-looking this amazing property. The Second Floor is where you will find the Master Bedroom with fireplace and Master Bathroom with large walk-in closet. There are two more very generously-sized Bedrooms and a Full Bathroom that complete the Second Floor. The Third floor has two more large Bedrooms. The Walk-out Basement is unfinished but plumbed for a Bathroom. Plenty of storage in the Basement as well. There is a large storage room right outside the Basement. The side-loading 3 car garage is over-sized and has a door leading to the back deck. Per seller, some of the updates include: Roof less than 4 years old; 2018 HVAC for 2nd and 3rd floor; garage doors recently replaced. This stunning home is located within walking distance of the Ohio River and downtown Newburgh! An absolute MUST SEE!!

Last Agent to Sell the Property

Kent Brenneman

eXp Realty, LLC Listed on: 05/23/2019

eXp Realty, LLC

Last Buyer's Agent

Johnna Hancock-Blake

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1986

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 300 x 252
  • 300 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Property is zoned R1 Single - Household Residential (3 d.u./acre)

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • South Broadview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 87-12-34-401-656.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,817

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1986
  • Age: 33
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: South Broadview Estates Sub Lot 656 & South Broadview Estates Sub Lot 657
  • Parcel Number ID: 87-12-34-401-656.000-019
  • Platted: Yes
  • Inside City Limits: Yes
  • Parcel Id2: 871234401657000019
  • Sp Lp Percent: 95.57
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4055
  • Total Finished Sq Ft: 3055
  • Above Grade Finished Sq Ft: 3055
  • Below Grade Sq Ft: 1000
  • Price Per Sq Ft: 109.49
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 20x18, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 15x16, On Level: Main
  • Extra Room: Open Basement room, Dimensions: 37x30, On Level: Basement
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 14x13, On Level: Upper
  • Bedroom 4: Dimensions: 17x13, On Level: Upper
  • Bedroom 5: Dimensions: 17x13, On Level: Upper
  • Other Room1: Sunroom, Dimensions: 14x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1000

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Water Frontage: 300

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 25x35
  • Garage Sq Ft: 875
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 10
  • 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: Level, Lake
  • Lot Dimensions: 300 X 252
  • Estimated Lot Sq Ft: 60548
  • Estimated Lot Size Acres: 1.39

Tax Info

  • Annual Taxes: 2817

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

Closed on
Jun 12, 2024
Sold by
Capps Cheryl Faye and Jones Melissa
Bought by
Jones Melissa and Jones Bruce
Current Estimated Value
$457,418

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 30, 2019
Sold by
Foye Cynthia Jo
Bought by
Mcdaniel Kristy Gayle and Mcdaniel Jacob William
Seller's Agent
Kent Brenneman
eXp Realty, LLC
Buyer's Agent
Johnna Hancock-Blake
Berkshire Hathaway HomeServices Indiana Realty
List Price
$350,000
Sold Price
$334,500
Premium/Discount to List
-$15,500
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$244,500
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Jones Melissa -- None Listed On Document
Mcdaniel Kristy Gayle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel Kristy Gayle $244,500
Previous Owner Foye Jeffrey W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $334,500 -4.4% $109 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $350,000 0.0% $115 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $350,000 -5.1% $115 / Sq Ft
06/01/2019 06/01/19 Price Changed $369,000 -2.6% $121 / Sq Ft
05/23/2019 05/23/19 For Sale $379,000 -- $124 / 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 $3,279 $409,500 $42,500 $367,000
2023 $3,131 $398,800 $42,500 $356,300
2022 $3,107 $377,300 $60,400 $316,900
2021 $2,580 $301,800 $48,300 $253,500
2020 $2,477 $279,400 $44,800 $234,600
2019 $2,321 $259,800 $44,800 $215,000
2018 $2,228 $259,800 $44,800 $215,000
2017 $2,191 $257,500 $44,800 $212,700
2016 $2,216 $261,200 $44,800 $216,400
2014 $1,931 $244,600 $33,300 $211,300
2013 $2,104 $267,000 $33,400 $233,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201920709

Indiana Regional MLS

APN: 87-12-34-401-656.000-019