$950,000
SOLD SEP 1, 2020

7322 State Route 662 E Newburgh, IN 47630

4 Beds
5.5 Baths
8,123 Sq Ft
2.93 Acres

Recently Sold

$117 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • 95 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

Words alone will not begin to describe this riverfront property. Located along the Ohio River and the French Island Trail, this is truly a grand estate. Situated high on a hill which allows for an unobstructed view of the barges floating down the river while enjoying sunsets and sunrises from the front porch. The long driveway circles around in front of the home leading to the magnificent 2 story entry. The main floor offers a dining room, office, sitting area, huge great room, kitchen, breakfast nook, powder room, multi-purpose room, attached garage and brand new redesigned master suite. Upstairs you will find 3 bedrooms, 2 full baths and a loft area. The finished basement offers a rec room, large laundry with walk-in closet and storm shelter. This almost 3 acre property with a beautiful pool also has a 2 story pool house. The main floor has a large gathering room with a laundry area and full bath. The upper level has an efficiency apartment with kitchen, full bath and sleeping area. The pool house offers a space currently used for a home gym along with a garage to accommodate 2+ Vehicles. A new play set and utility shed are also found on the grounds. Full list of updates and features can be acquired upon request.

Last Agent to Sell the Property

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/06/2020

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Steven Dossett

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,266

Year Built

  • Built in 1950

Lot Details

  • 2.93 Acre Lot
  • Lot Dimensions are 163x740
  • 95 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Landscaped

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub With Separate Shower Stall

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Smart Home Wiring
  • The river is a source of water for the property
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 87-15-02-400-028.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,266

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: 70
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: W 1/2 E 1/2 FRAC S2 T7 R9 2.834 A,W 1/2 E 1/2 FRAC S2 T7 R9 .059 A,PT W 1/2 E 1/2 FRAC S2 T7 R9 .039 A
  • Parcel Number ID: 87-15-02-400-028.000-019
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Breakfast Bar, Built-In Bookcase, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Guest Quarters, Home Warranty Included, Kitchen Island, Landscaped, Near Walking Trail, Open Floor Plan, Patio Open, Porch Open, Utility Sink, Wiring-Smart Home, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room
  • Location: City/Town/Suburb, Near Walking Trail
  • Parcel Id2: 87-15-02-400-027.000-019
  • Sp Lp Percent: 95.01
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 8436
  • Total Finished Sq Ft: 8123
  • Above Grade Finished Sq Ft: 7053
  • Below Grade Finished Sq Ft: 1070
  • Below Grade Sq Ft: 313
  • Price Per Sq Ft: 134.69
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Den, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Stone, Tile
  • Living Great Room: Dimensions: 23x29, On Level: Main
  • Kitchen: Dimensions: 19x14, On Level: Main
  • Breakfast Room: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Recreation Room: Dimensions: 20x17, On Level: Basement
  • Extra Room: Office, Dimensions: 15x17, On Level: Main
  • Bedroom 1: Dimensions: 30x18, On Level: Main
  • Bedroom 2: Dimensions: 17x15, On Level: Upper
  • Bedroom 3: Dimensions: 15x20, On Level: Upper
  • Bedroom 4: Dimensions: 15x14, On Level: Upper
  • Other Room1: Pool house APT, Dimensions: 25x15, On Level: Upper
  • Other Room 2: Pool House Living room, Dimensions: 19x15, On Level: Main
  • Other Room 3: Gym in Pool House, Dimensions: 20x25, On Level: Main
  • Loft: Dimensions: 30x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1383

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 25x20
  • Pool: Below Ground
  • Pool: Yes
  • Water Frontage: 95
  • Water Name: Ohio River

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 20x19
  • Garage Sq Ft: 380
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Laundry: Dimensions: Basementx12, On Level: 15
  • Water Type: River

Schools

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

Lot Info

  • Lot Description: Waterfront, 0-2.9999, Water View
  • Lot Dimensions: 163x740
  • Estimated Lot Sq Ft: 120621
  • Estimated Lot Size Acres: 2.929

Tax Info

  • Annual Taxes: 8265.8
  • Exemptions: Homestead

Multi Family

  • Water Access: Riverfront

MLS Schools

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

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
-30.96%
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: 202026046

Indiana Regional MLS

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