NOT LISTED FOR SALE

7577 Sherra Ln Newburgh, IN 47630

Estimated Value: $292,000 - $356,000

3 Beds
2.5 Baths
2,262 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $345,000 $153 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,984/month

96 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • Stone Countertops
  • John H. Castle Elementary School Rated A-
  • Backs to Open Ground
  • Beamed Ceilings

About This Home

As of December 2023

**MORTGAGE RATE BUYDOWN AVAILABLE ON THIS PROPERTY** Complete makeover! This NEWBURGH MASTERPIECE is nestled on a tree-filled lot in the highly-sought-after Gourley Place! Featuring 4 Bedrooms, 2.5 Baths and over 2200 SF of IMPECCABLY UPDATED SQUARE FEET, this home cannot be adequately portrayed with pictures and words. IT IS A MUST SEE! Step inside the Foyer and you are immediately greeted with GORGEOUS LIFEPROOF FRESH OAK LVP FLOORS that span the entire Main Floor, as well as soaring ceilings with beautiful custom refinished beams. The Kitchen is an absolute DREAM! It offers an abundance of midnight blue cabinets with soft-close drawers and doors. The upscale stainless steel appliance package is highlighted by an AMAZING over-sized Pro-Style Refrigerator by Forno, offering a frost free, free standing design with a Double-Flow Cooling System and interchangeable zones to allow each to adjust to refrigerator or freezer. Another fantastic feature is the most impressive quartz Island/bar that you are going to find just about anywhere! The Dining Room is just off of the Kitchen and looks out to one of a few Backyard Patios. The Great Rm has a big picture window, electric fireplace with custom refinished mantle, brick surround and built-in bookshelves. Upstairs, you will find three Bedrooms and two full Bathrooms. Brand new carpets in all bedrooms. The Master Bedroom features a remodeled Bathroom with tile shower, brand new vanity and LED mirror. Open the barn door from the Master Bedroom and you will discover your own private OASIS! A 15 x 15 space completely surrounded by windows and overlooking the tree-filled backyard. It is a very flexible space that could be used as an Office, Workout Rm, Craft area, or just a sitting area to enjoy a morning cup of coffee and take in the views. The Hallway Bathroom has been completely remodeled as well, with new vanity, LED mirror and jetted tub. The Lower Level has a large open recreation space with fireplace. The Laundry has cabinets and includes the washer and dryer. There is a half Bath in the lower level also. PLENTY OF SPACE TO ADD ANOTHER BEDROOM. Just off of this area is another fully enclosed room with windows. Its doors open to another patio area in the backyard. The Garage has a beautiful epoxy floor. SO MANY UPDATES AND AMENITIES, including the custom refinished stair treads and stainless steel cocktail railing on the staircase to EVERY single light receptacle, light switch, and door handle being brand new.

Last Agent to Sell the Property

Kent Brenneman

eXp Realty, LLC Brokerage Phone: 812-480-4663 Listed on: 08/04/2023

eXp Realty, LLC

Last Buyer's Agent

Kristin Haire

Key Associates Signature Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1972

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120 x 150
  • Backs to Open Ground
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,262 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Basement

  • 1 Bathroom in Basement
  • Crawl Space

Schools

  • Castle Elementary School
  • Castle North Middle School
  • Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Suburban Location

Community Details

  • Gourley Place Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 87-12-14-104-012.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,034

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 51
  • Style: Tri-Level
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 12 Gourley Place Pt 2
  • Parcel Number ID: 87-12-14-104-012.000-019
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Ceilings-Beamed, Countertops-Stone, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Home Warranty Included, Kitchen Island, Open Floor Plan, Patio Open, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Washer Hook-Up, Custom Cabinetry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.85
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2262
  • Total Finished Sq Ft: 2262
  • Above Grade Finished Sq Ft: 2262
  • Price Per Sq Ft: 152.52
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Two
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 22x15, On Level: Main
  • Kitchen: Dimensions: 18x11, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 30x18, On Level: Lower
  • Extra Room: Enclosed Porch, Dimensions: 13x11, On Level: Lower
  • Bedroom 1: Dimensions: 15x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Other Room1: SITTING ROOM OFF MASTER, Dimensions: 13x11, On Level: Upper
  • Other Room 2: Open Space in Lower Level, Dimensions: 30x18
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Barn, Dimensions: 12x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x22
  • Garage Sq Ft: 550
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Chandler Water Utility
  • Laundry: Dimensions: Lowerx5, On Level: 8

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120 x 150
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41

Tax Info

  • Annual Taxes: 3034

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Dec 4, 2023
Sold by
Freeman Properties Llc
Bought by
Franey Isaac Alexander and Franey Charity Bea
Seller's Agent
Kent Brenneman
eXp Realty, LLC
Buyer's Agent
Kristin Haire
Key Associates Signature Realty
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Views
214
Current Estimated Value
$330,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,605
Avg. Annual Appreciation
-1.81%
Original Mortgage
$245,000
Outstanding Balance
$241,830
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$92,555

Purchase Details

Closed on
Apr 25, 2023
Sold by
Freeman Eric N
Bought by
Freeman Properties Llc

Purchase Details

Closed on
Jul 14, 2022
Sold by
Goin Carol E
Bought by
Freeman Eric N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2020
Sold by
Perigo Donald L
Bought by
Perigo Donald L and Goin Carol E
Source: Public Records

Range of Values:

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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
Franey Isaac Alexander -- None Listed On Document
Freeman Properties Llc -- None Listed On Document
Freeman Eric N -- Commercial Title
Perigo Donald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franey Isaac Alexander $245,000
Previous Owner Freeman Eric N $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $345,000 -1.1% $153 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $349,000 -3.0% $154 / Sq Ft
10/06/2023 10/06/23 Price Changed $359,900 -2.5% $159 / Sq Ft
10/06/2023 10/06/23 For Sale $369,000 +7.0% $163 / Sq Ft
09/26/2023 09/26/23 Off Market $345,000 -- --
09/13/2023 09/13/23 Price Changed $369,000 -2.6% $163 / Sq Ft
09/02/2023 09/02/23 Price Changed $379,000 -1.6% $168 / Sq Ft
08/29/2023 08/29/23 For Sale $385,000 0.0% $170 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $385,000 -- $170 / 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 $2,191 $292,500 $22,600 $269,900
2023 $1,518 $215,400 $22,600 $192,800
2022 $3,035 $208,000 $31,200 $176,800
2021 $809 $166,400 $25,000 $141,400
2020 $847 $154,100 $23,400 $130,700
2019 $885 $154,100 $23,400 $130,700
2018 $894 $155,200 $23,400 $131,800
2017 $877 $144,400 $23,400 $121,000
2016 $862 $141,800 $23,400 $118,400
2014 $780 $142,400 $22,800 $119,600
2013 $766 $140,600 $22,800 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202327646

Indiana Regional MLS

APN: 87-12-14-104-012.000-019