$675,000
SOLD OCT 7, 2016

7322 State Route 662 E Newburgh, IN 47630

5 Beds
5.5 Baths
7,858 Sq Ft
2.93 Acres

Recently Sold

$86 Per Sq Ft

16 Days on Market

Highlights

  • 100 Feet of Waterfront
  • In Ground Pool
  • 2.93 Acre Lot
  • Newburgh Elementary School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of September 2020

Sensational River View Estate. This fantastic property has it all. Gorgeous home with views of river and gardens, nearly 3 acres in downtown Newburgh area, pool and pool house party room, efficiency apartment, work out room, 2 garages. Pull in the circular drive to the beautiful white house on the hill. Covered front porch leads in to foyer with fireplace, wood flooring and 2 story windows overlooking riverfront. Music room/living room with glass walls and french doors. Formal dining room in front with views of side garden area and river. Great room with fireplace and triple full length windows and door leading to patio and pool area. Large eat in kitchen has island, built in china cabinet, bay window with bench overlooking pool. Enormous master suite with multiple closets and doors leading to both private patio in front with river view and back pool patio. Sun room off kitchen leads to front or back yard and connects with first garage. Separate pool house with party room that includes a pool table. Efficiency apartment above it. Exercise room or office above second garage. The back yard is lovely and private and has been extensively landscaped. Multiple places to sit and enjoy nature and great views from inside house. An extensive list of improvements and maintenance items that have been completed are available upon request and include newer roof with lifetime warranty. 2-10 Home Warranty included.

Last Agent to Sell the Property

Carson Lowry

RE/MAX REVOLUTION Listed on: 08/12/2016

RE/MAX REVOLUTION

Last Buyer's Agent

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1950

Lot Details

  • 2.93 Acre Lot
  • 100 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Split Rail Fence
  • Vinyl Fence

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room in Garage
  • Washer and Electric Dryer Hookup
  • Water Views
  • Storage In Attic
  • Home Security System

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Solid Surface Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Deck
  • Covered patio or porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Septic System
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 87-15-02-400-027.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,648

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 66
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT W 1/2 E 1/2 FRAC S2 T7 R9 .039A W 1/2 E 1/2 FRAC S2 T7 R9 .059 A
  • Parcel Number ID: 87-15-02-400-027.000-019
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Storage, Balcony, Breakfast Bar, Built-In Speaker System, Built-In Bookcase, Cable Ready, Ceiling-9+, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Deck Covered, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Guest Quarters, Home Warranty Included, Kitchen Island, Near Walking Trail, Open Floor Plan, Patio Covered, Patio Open, Porch Covered, Twin Sink Vanity, Utility Sink, Wiring-Security System, Kitchenette, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Sump Pump, Washer Hook-Up, Garage Utilities
  • Legal Description2: W 1/2 E 1/2 FRAC S2 T7 R9 2.834 A
  • Location: City/Town/Suburb, Near Walking Trail
  • Parcel Id2: 871502400028000019
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 7858
  • Total Finished Sq Ft: 7858
  • Above Grade Finished Sq Ft: 7188
  • Below Grade Finished Sq Ft: 670
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 15x32, On Level: Main
  • Dining Room: Dimensions: 13x14, On Level: Main
  • Family Room: Dimensions: 28x23, On Level: Main
  • Den: Dimensions: 12x25, On Level: Main
  • Recreation Room: Dimensions: 20x19, On Level: Lower
  • Bedroom 1: Dimensions: 16x29, On Level: Main
  • Bedroom 2: Dimensions: 14x18, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x20, On Level: Upper
  • Bedroom 5: Dimensions: 27x21, On Level: Upper
  • Other Room1: On Level: Upper
  • Other Room 2: Pool Party Room, Dimensions: 18x22, On Level: Main
  • Other Room 3: Gym/Office, Dimensions: 19x29, On Level: Upper
  • Loft: Dimensions: 12x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 670

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Below Ground
  • Pool: Yes
  • Fence: PVC, Split-Rail
  • Water Frontage: 99.8

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Laundry: Dimensions: 10xLower, On Level: 29
  • Water Type: River

Schools

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

Lot Info

  • Lot Description: Waterfront, Water View
  • Lot Dimensions: 2.93
  • Estimated Lot Sq Ft: 127631
  • Estimated Lot Size Acres: 2.93

Tax Info

  • Annual Taxes: 7648
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 31, 2020
Sold by
Peifer Scott M and Peifer Karen W
Bought by
Warren Roderick L and Warren Kimberly L
Seller's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Steven Dossett
F.C. TUCKER EMGE
List Price
$999,900
Sold Price
$950,000
Premium/Discount to List
-$49,900
-4.99%
Current Estimated Value
$124,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$825,333
Avg. Annual Appreciation
-31.01%
Original Mortgage
$855,000
Outstanding Balance
$766,924
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$612,257
Source: Public Records

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Range of Values:

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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 -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $855,000 New Conventional
Previous Owner $292,970 Credit Line Revolving
Previous Owner $607,500 New Conventional
Previous Owner $281,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $950,000 -5.0% $117 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $999,900 +48.1% $123 / Sq Ft
10/07/2016 10/07/16 Sold $675,000 0.0% $86 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $675,000 -- $86 / 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 $52 $3,600 $3,600 $0
2023 $54 $3,600 $3,600 $0
2022 $53 $3,600 $3,600 $0
2021 $49 $3,100 $3,100 $0
2020 $29 $1,800 $1,800 $0
2019 $29 $1,800 $1,800 $0
2018 $29 $1,800 $1,800 $0
2017 $28 $1,800 $1,800 $0
2016 $28 $1,800 $1,800 $0
2014 $27 $1,800 $1,800 $0
2013 $27 $1,800 $1,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201637810

Indiana Regional MLS

APN: 87-15-02-400-027.000-019