NOT LISTED FOR SALE

719 Village Ln Newburgh, IN 47630

8 Beds
4 Baths
3,312 Sq Ft
0.35 Acres

Last Sold February 14, 2023

Last sale price $310,000 $94 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Newburgh Elementary School Rated A-
  • Laundry in Utility Room
  • Ceiling Fan

About This Home

As of February 2023

Completely rented 4 plex in Newburgh! Roof is 15 years old. Unit 38 has a new furnace, AC, Stove, Bathroom flooring, and Vanity 2022. Unit 39 has new AC, Toilet, Flooring and Vanity 2022.

Last Listed By

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 01/13/2023

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 87-12-34-304-010.000-014

Community Details

Overview

  • 4 Units
  • Newburgh Village Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,328
  • Maintenance Expense $1,500
  • Water Sewer Expense $2,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1972
  • Age: 51
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT NW SW S34 T6 R9 .35 A NEWBURGH VILLAGE
  • Parcel Number ID: 87-12-34-304-010.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 108.81
  • Monthly Gross Income: 2975
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3312
  • Total Finished Sq Ft: 3312
  • Above Grade Finished Sq Ft: 3312
  • Price Per Sq Ft: 93.6
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum, Brick
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Annual Insurance Expense: 1328
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 2028
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2975
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2530

MLS Schools

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

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
02/14/2023 02/14/23 Sold $310,000 +8.8% $94 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $284,900 -- $86 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202301071

Indiana Regional MLS