$94,000
SOLD NOV 3, 2016

6500 Oak Grove Rd Newburgh, IN 47630

4.16 Acres
$22,596 Price per Acre
181,210 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

10% Below List Price

119 Days on Market

About This Lot

As of May 2021

4+ Acres located in desirable location close to Castle Schools and golf courses. Electric, gas, sewer, and water at site. This is the perfect spot to build your dream home! Property has pond roughed in and storage shed already on property! Lot measurements are approximate. This property is zoned agricultural, there are no restrictions on the property per Warrick County Recorder and a pole barn would be allowed.

Last Agent to Sell the Property

Deanne Naas

F.C. TUCKER EMGE Listed on: 06/01/2016

F.C. TUCKER EMGE

Last Buyer's Agent

NEIAR NonMember

NonMember NEIAR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $772

Lot Details

  • 4.16 Acre Lot
  • Lot Dimensions are 202x897
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • John H Castle Elementary School
  • Castle North Middle School
  • Castle High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-13-306-001.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$772

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Parcel 1 Embry Minor Sub |
  • Parcel Number ID: 87-12-13-306-001.000-019
  • Platted: Yes
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 94.09
  • Zoning Description: Residential
  • Parcel Description: Slope
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2016
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available, Public
  • Electric Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Electricity Type: Available
  • Fuel Type: Available, Electric, Gas
  • Sewer Type: Public

Schools

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

Lot Info

  • Lot Dimensions: 202x897
  • Estimated Lot Sq Ft: 181210
  • Estimated Lot Size Acres: 4.16

Tax Info

  • Annual Taxes: 771.88
  • Exemptions: Mortgage

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 9, 2021
Closed on
May 12, 2021
Sold by
Korwes Michael and Korwes Michelle Lynn
Bought by
Daming Jarod Michael and Warford Stacy Renae
Seller's Agent
Micah Konkler
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Chris Harney
Keller Williams Elite
List Price
$519,900
Sold Price
$523,250
Premium/Discount to List
$3,350
0.64%
Current Estimated Value
$679,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,220
Avg. Annual Appreciation
5.77%
Original Mortgage
$497,088
Outstanding Balance
$453,643
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$212,267

Purchase Details

Closed on
May 24, 2017
Sold by
Korwes Christopher M
Bought by
Korwes Christopher Michael and Korwes Michelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,398
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Listed on
Jun 1, 2016
Closed on
Oct 31, 2016
Sold by
Cancelliere Pasquale
Bought by
Korwes Christepher M
Seller's Agent
Deanne Naas
F.C. TUCKER EMGE
Buyer's Agent
NEIAR NonMember
NonMember NEIAR
List Price
$105,000
Sold Price
$94,000
Premium/Discount to List
-$11,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.85%
Original Mortgage
$75,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Sep 12, 2013
Sold by
Ubelhor Development Lp
Bought by
Cancelliere Pasquale
Seller's Agent
Joe Kastle
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Joe Kastle
ERA FIRST ADVANTAGE REALTY, INC
List Price
$98,900
Sold Price
$94,000
Premium/Discount to List
-$4,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$70,500
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $523,250 Columbia Title Inc
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Lockyear Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $497,088 New Conventional
Previous Owner $371,200 VA
Previous Owner $391,398 VA
Previous Owner $75,200 New Conventional
Previous Owner $70,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $523,250 +0.6% $128 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $519,900 +453.1% $127 / Sq Ft
11/03/2016 11/03/16 Sold $94,000 -10.5% $62 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $105,000 +11.7% $69 / Sq Ft
09/12/2013 09/12/13 Sold $94,000 -5.0% $62 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $98,900 -- $65 / 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 $4,675 $555,100 $109,600 $445,500
2023 $4,543 $510,700 $109,100 $401,600
2022 $4,620 $500,300 $109,100 $391,200
2021 $3,980 $409,600 $86,000 $323,600
2020 $3,351 $379,300 $79,800 $299,500
2019 $3,400 $379,300 $79,800 $299,500
2018 $3,234 $374,100 $79,800 $294,300
2017 $670 $79,800 $79,800 $0
2016 $777 $52,400 $52,400 $0
2014 $753 $52,400 $52,400 $0
2013 $18 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201625739

Indiana Regional MLS

APN: 87-12-13-306-001.000-019