NOT LISTED FOR SALE

712 Village Ln Newburgh, IN 47630

8 Beds
4 Baths
3,312 Sq Ft
0.26 Acres

Last Sold December 18, 2015

Last sale price $171,000 $52 Per Sq Ft

162 Days on Market

Highlights

  • Energy-Efficient Appliances
  • Central Air
  • Carpet
  • Newburgh Elementary School Rated A-
  • Level Lot

About This Home

As of December 2015

Rare find, great investment four plex property close to schools, church, hospitals and shopping. This 4plex has three units rented at $620.00 each and the 4th unit will easily rent soon as they stay rented most all of the time. This is a turn key investment. Owner has updated each unit 3 years ago with new appliances, new kitchen with dishwashers, disposals,microwave and range. new laminate wood floors in kitchens and bathrooms. New bathroom tub and surrounds, toilets, sinks, vanities, mirrors and lights. New furnace and hot water heaters with new plumbing and trunk lines. New clothes washer and dryer for each unit. The back yard is extra large and could easily build storage units for extra income. All you have to do is buy the property and cash the rent checks as they flow in. call me for your appointment today.

Last Agent to Sell the Property

Mark Riley

KELLER WILLIAMS CAPITAL REALTY Listed on: 06/05/2015

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

Mark Riley

KELLER WILLIAMS CAPITAL REALTY Listed on: 06/05/2015

KELLER WILLIAMS CAPITAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x153
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Crawl Space
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Schools

  • Castle Elementary And Middle School
  • Castle High School

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, trash collection, water
  • Assessor Parcel Number 87-12-34-304-018.000-014

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $2,181
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,212

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1972
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Lot 3 Newburgh Village sub |
  • Parcel Number ID: 87-12-34-304-018.000-014
  • Platted: Yes
  • Amenities: Off Street Parking, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 3312
  • Total Finished Sq Ft: 3312
  • Above Grade Finished Sq Ft: 3312
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2181
  • Annual Water Sewer Expense: 1200
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Castle

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75x153
  • Estimated Lot Sq Ft: 11474
  • Estimated Lot Size Acres: 0.2634
  • Lot Number: 3

Green Features

  • Energy Efficient: Appliances, Windows
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 2212

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 4

MLS Schools

  • High School: Castle
  • Middle School: Castle
  • School District: Warrick County School Corp.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2015 12/18/15 Sold $171,000 -2.3% $52 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $175,000 +133.3% $53 / Sq Ft
05/02/2012 05/02/12 Sold $75,000 -21.1% $23 / Sq Ft View Prior Sale
04/04/2012 04/04/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $95,000 -- $29 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Riley

    KELLER WILLIAMS CAPITAL REALTY

    (812) 449-6288

    2 in this area

    14 Total Sales

    Mark Riley
    Section Image
  • Janice Miller

    Seller's Agent in 2012

    Janice Miller

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 453-0779

    232 in this area

    786 Total Sales

    Janice Miller
    Section Image
  • Donovan Wilkins

    Buyer's Agent in 2012

    Donovan Wilkins

    RE/MAX

    (812) 430-4851

    56 in this area

    295 Total Sales

    Donovan Wilkins
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201526248

Indiana Regional MLS
Indiana Warrick County Newburgh 47630

712 Village Ln, Newburgh, IN

Not Listed for Sale

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