$345,000
PENDING

718 Village Ln Newburgh, IN 47630

Estimated payment $2,165/month

Total Views 440
8 Beds
4 Baths
3,312 Sq Ft
$104 Price per Sq Ft

Highlights

  • Very Popular Property
  • Covered Patio or Porch
  • Laundry closet
  • Newburgh Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

Great Investment Opportunity in the heart of Newburgh! 2-Story Brick Apartment Building with 3312sqft total and 4 leased units. All 4 units are the same size 828sqft, each has 2 bedrooms, 1 full bath, living room, kitchen with appliances, dining area, laundry closet, utility closet, and plenty of parking. Kitchens have electric stove, hood, refrigerator. Tenants provide the washer and dryer. Tenants pay all utilities, units are ALL electric. Living Room 14x16, kitchen 9x7, dining area 7x8, bedroom 10x12, bedroom 10x10. Unit 14 has new furnace, A/C, and water heater. Unit 15 has new stove/oven (2023); Unit 16 has new stove/oven (2024). Leases will go month-to-month upon expiration with a 30 day notice required.

Listing Agent

Donovan Wilkins

RE/MAX REVOLUTION Brokerage Phone: 812-430-4851 Listed on: 08/12/2025

RE/MAX REVOLUTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x148
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Eat-In Kitchen
  • Laundry closet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Gravel Driveway
  • Paved Parking

Schools

  • Newburgh Elementary School
  • Castle South Middle School
  • Castle High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 87-12-34-312-002.000-014

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $2,094
  • Maintenance Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,424

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1972
  • Age: 53
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 2 O'CONNER MINOR SUB .24 A
  • Parcel Number ID: 87-12-34-312-002.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan, Eat-In Kitchen, Porch Covered
  • Annual Miscellaneous: 1200
  • Monthly Gross Income: 3150
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3312
  • Total Finished Sq Ft: 3312
  • Above Grade Finished Sq Ft: 3312
  • Price Per Sq Ft: 104.17
  • Basement Foundation: Crawl
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Gravel, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 2094
  • Annual Maintenance Expense: 750
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Newburgh
  • Middle School: Castle South
  • High School: Castle
  • Elementary School: Newburgh

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x148
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: Month to Month, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Electric, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 3150
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Efficiencies: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3424

MLS Schools

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

Map

Range of Values:

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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 Change Sq Ft Price
08/14/2025 08/14/25 Pending -- -- --
08/12/2025 08/12/25 For Sale $345,000 +171.7% $104 / Sq Ft
11/15/2016 11/15/16 Sold $127,000 -1.6% $38 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $129,000 +11.2% $39 / Sq Ft
07/09/2013 07/09/13 Sold $116,000 -10.7% $35 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $129,900 -- $39 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202532000

Indiana Regional MLS

Indiana Warrick County Newburgh 47630

718 Village Ln, Newburgh, IN

This home is located at 718 Village Ln, Newburgh, IN 47630 and is currently priced at $345,000, approximately $104 per square foot. This property was built in 1972. 718 Village Ln is a home located in Warrick County with nearby schools including Newburgh Elementary School, Castle North Middle School, and Castle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Donovan Wilkins
Listing Agent
Donovan Wilkins
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RE/MAX REVOLUTION
(812) 615-2957