NOT LISTED FOR SALE

7288 Lenn Ln Newburgh, IN 47630

Estimated Value: $164,000 - $200,000

2 Beds
2 Baths
1,634 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $68,000 $42 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,083/month

150 Days on Market

Highlights

  • Fireplace
  • 1-Story Property
  • Level Lot
  • Sharon Elementary School Rated A
  • Central Air
  • Wood Siding

About This Home

As of January 2015

Newburgh Duplex, Each unit has been remodeled with new kitchens, counter tops, flooring, lighting fixtures, and freshly painted. As an investor there should be very little you would need to do on upkeep on these units, currently one unit is rented and other is vacant to make it easy for showings. The Duplex sits on a large yard and each side has a small storage barn.

Last Agent to Sell the Property

Donovan Wilkins

RE/MAX REVOLUTION Listed on: 07/18/2014

RE/MAX REVOLUTION

Last Buyer's Agent

Donovan Wilkins

RE/MAX REVOLUTION Listed on: 07/18/2014

RE/MAX REVOLUTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 100x196
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 87-12-26-402-003.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 43
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 3 Hill View Sub
  • Parcel Number ID: 87-12-26-402-003.000-019
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.11
  • Special Features: None

Interior Features

  • Total Sq Ft: 1634
  • Total Finished Sq Ft: 1634
  • Above Grade Finished Sq Ft: 1634
  • Basement Foundation: Crawl
  • Fireplace: One
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x196

Tax Info

  • Annual Taxes: 1498.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Jan 21, 2015
Sold by
Green Heron Investments Llc
Bought by
Wilkins Donovan M and Wilkins Kelli L
Seller's Agent
Donovan Wilkins
RE/MAX REVOLUTION
Buyer's Agent
Donovan Wilkins
RE/MAX REVOLUTION
List Price
$130,000
Sold Price
$68,000
Premium/Discount to List
-$62,000
-47.69%
Current Estimated Value
$187,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,814
Avg. Annual Appreciation
9.62%
Original Mortgage
$77,593
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2012
Sold by
Worman John R and Worman Katherine N
Bought by
Green Heron Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,899
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 2011
Sold by
Byun Tai Sik and Byun Youngza
Bought by
Worman John R and Worman Katherine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.02%
Mortgage Type
Construction
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
Wilkins Donovan M -- Total Title Services Llc
Green Heron Investments Llc -- None Available
Worman John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Donovan M $77,593
Previous Owner Worman John R $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $68,000 -47.7% $42 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $130,000 -- $80 / 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 $1,047 $73,000 $25,100 $47,900
2023 $1,086 $73,000 $25,100 $47,900
2022 $1,065 $73,000 $25,100 $47,900
2021 $1,149 $73,000 $25,100 $47,900
2020 $1,131 $66,400 $25,100 $41,300
2019 $1,075 $66,400 $25,100 $41,300
2018 $1,110 $66,400 $25,100 $41,300
2017 $1,104 $66,400 $25,100 $41,300
2016 $1,098 $66,400 $25,100 $41,300
2014 $1,432 $94,000 $25,100 $68,900
2013 $1,444 $97,000 $25,100 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201431310

Indiana Regional MLS

APN: 87-12-26-402-003.000-019