NOT LISTED FOR SALE

6266 Magnolia Dr Newburgh, IN 47630

Estimated Value: $640,000 - $1,463,205

5.12 Acres
$205,315 Price per Acre
223,110 Sq Ft Lot

Last Sold May 30, 2013

Last sale price $65,000

Est. 1,518% increase in value since last sale

Current estimated payment $6,520/month

410 Days on Market

Highlights

  • Waterfront
  • 5.12 Acre Lot
  • Lake, Pond or Stream
  • Castle North Middle School Rated A-

About This Lot

As of May 2013

Beautiful lake lot-home site with over 5 acres on cul-de-sac, city utilities on Magnolia. Click on photo for surveyors map (plat map)

Last Agent to Sell the Property

Marian Trapp

NextHome Hahn Kiefer Residential Listed on: 03/16/2012

NextHome Hahn Kiefer Residential

Last Buyer's Agent

Mary MacCauley

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,344

Lot Details

  • 5.12 Acre Lot
  • Waterfront
  • Finished Lot(s)

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 87-15-01-205-002.000-019

Community Details

Overview

  • Cypress Lake Estates Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$11,344

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 2 Cypress Lake Estates |
  • Parcel Number ID: 87-15-01-205-002.000-019
  • Platted: Yes
  • Parcel Description: Cul-De-Sac, Partially Wooded, Waterfront, Rolling
  • Type Use: Recreational, Residential
  • Year Taxes Payable: 2010
  • Special Features: None

Utilities

  • Water Utilities: City
  • Water Type: Lake

Schools

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

Lot Info

  • Estimated Lot Size Acres: 5.1219
  • Easements: Yes

Tax Info

  • Annual Taxes: 39

MLS Schools

  • High School: Castle
  • Middle School: Castle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2014
Sold by
Greif John C
Bought by
Greif John C and Greif Samantha
Current Estimated Value
$1,051,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,500
Interest Rate
4.41%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 30, 2013
Sold by
Morgan Jennifer A
Bought by
Greif John C
Seller's Agent
Marian Trapp
NextHome Hahn Kiefer Residential
Buyer's Agent
Mary MacCauley
Berkshire Hathaway HomeServices Indiana Realty
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%
Original Mortgage
$52,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Burrell Andrew C and Morgan Jennifer A
Bought by
Morgan Jennifer A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greif John C -- None Available
Greif John C -- None Available
Morgan Jennifer A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Greif John C $778,500
Closed Greif John C $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $65,000 -23.5% --
04/30/2013 04/30/13 Pending -- -- --
03/16/2012 03/16/12 For Sale $85,000 -- --
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 $11,344 $1,196,900 $99,700 $1,097,200
2023 $11,195 $1,177,300 $99,700 $1,077,600
2022 $10,106 $1,029,100 $92,600 $936,500
2021 $8,390 $823,300 $74,100 $749,200
2020 $7,867 $762,300 $69,300 $693,000
2019 $7,992 $769,500 $69,300 $700,200
2018 $7,565 $745,700 $69,300 $676,400
2017 $7,270 $724,700 $69,300 $655,400
2016 $7,049 $709,600 $69,300 $640,300
2014 $725 $47,600 $47,600 $0
2013 $354 $23,800 $23,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 951278

Indiana Regional MLS

APN: 87-15-01-205-002.000-019