NOT LISTED FOR SALE

8001 Alexandra Ln Newburgh, IN 47630

Estimated Value: $222,000 - $351,000

6 Beds
4 Baths
3,000 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $206,900 $69 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,757/month

41 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen
  • Sharon Elementary School Rated A
  • 2 Car Attached Garage
  • Double Pane Windows

About This Home

As of September 2016

Invest in your future! Save some big money the next five years! Immaculate Newburgh duplex. This is truly a live in one side and let the other pay your mortgage. Most are too small for that. Here we have two 1,500 square foot townhome units with three bedrooms, 1 ½ baths, living, kitchen/dining, laundry, and two car garage on each side. Owners unit has just received a complete update. Just painted, new door handles, carpet, wood floor, kitchen faucet, stove, microwave, and dishwasher. Both decks stained, and driveways sealed. Fresh landscaping. Any items needing attention were addressed. Tenant side received a complete update four years ago, but just for good measure was repainted, carpets cleaned, new kitchen faucet, all in the last month. Easily rented, last two tenants stayed four years. Per owner, tenant unit should rent for $995/$1,095, owner unit no less than $1,095. Both units currently left empty after June renovation for easier showing, and possibility of new live-in owner having someone they desire to put in the other unit. For the investor type wishing to rent both units, per owner building should, after all expenses (taxes, insurance, loss of rent, maintenance) produce a net/net profit between 8.5% and 9.5% based on asking price. Maintenance will be minimal. Both HVAC units are less than two years old. Building and roof just 13 years old. Many new and recent appliances, flooring, and paint. Building in exceptional condition. There's nothing to do but move in your new tenants.

Last Listed By

Kenny Martin

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56 x 109
  • Backs to Open Ground
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Aggregate Flooring
  • Garage Door Opener

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Insulated Doors
  • Sump Pump
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 87-12-27-412-008.000-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,434

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2003
  • Age: 13
  • Architectural Style: Duplex
  • Total Number of Rooms: 12
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 8 COR PLAT SUNRISE MANOR AM PLAT OF ACACIA RESIDENTIAL DEV
  • Parcel Number ID: 87-12-27-412-008.000-019
  • Platted: Yes
  • Amenities: Attic Storage, Cable Available, Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Storm Doors, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.57
  • Special Features: None

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 3000
  • Above Grade Finished Sq Ft: 3000
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 13x20, On Level: Main
  • Extra Room: Bedroom #6, Dimensions: 10x12, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Upper
  • Bedroom 5: Dimensions: 10x12, On Level: Upper
  • Other Room1: Living Room #2, Dimensions: 14x19, On Level: Main
  • Other Room 2: Kitchen #2, Dimensions: 13x20, On Level: Main
  • Other Room 3: Laundry Room #2, Dimensions: 11x10, On Level: Main
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Privacy, Wood

Garage/Parking

  • Driveway: Aggregated
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 17x20
  • Garage Sq Ft: 340

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Vectren Corp
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co
  • Cable Company: WOW
  • Laundry: Dimensions: 11xMain, On Level: 10

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Irregular, Level
  • Lot Dimensions: 56 x 109
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Storm Doors

Tax Info

  • Annual Taxes: 2434.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Opel Tina M and Borman Tina M
Bought by
Avender Llc
Total Days on Market
41
Current Estimated Value
$276,310

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 15, 2016
Sold by
Martin Michael Wayne
Bought by
Opel Tina M
Seller's Agent
Kenny Martin
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Doreen Hallenberger
RE/MAX REVOLUTION
List Price
$219,900
Sold Price
$206,900
Premium/Discount to List
-$13,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$203,152
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Casabonne Horacio A
Bought by
Martin Michael Wayne and Michael Wayne Martin 401K Plan Trust

Purchase Details

Closed on
Dec 7, 2007
Sold by
Casabonne Cherlynne
Bought by
Casabonne Horacio A

Purchase Details

Closed on
May 3, 2007
Sold by
Lowe W Walt and Lynn Lowe D
Bought by
Casabonne Horacio A and Casabonne Cherlynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
7.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Avender Llc -- None Listed On Document
Opel Tina M -- None Available
Martin Michael Wayne -- None Available
Casabonne Horacio A -- None Available
Casabonne Horacio A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borman Tina M $187,761
Previous Owner Opel Tina M $203,152
Previous Owner Casabonne Horacio A $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $206,900 -5.9% $69 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $219,900 -- $73 / 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 $2,521 $175,800 $13,500 $162,300
2023 $1,663 $175,800 $13,500 $162,300
2022 $1,645 $175,800 $13,500 $162,300
2021 $1,734 $172,600 $13,800 $158,800
2020 $1,216 $159,800 $13,500 $146,300
2019 $1,268 $159,800 $13,500 $146,300
2018 $1,193 $159,800 $13,500 $146,300
2017 $1,186 $159,800 $13,500 $146,300
2016 $1,180 $159,800 $13,500 $146,300
2014 $2,434 $159,800 $13,500 $146,300
2013 $2,339 $157,100 $13,500 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201631439

Indiana Regional MLS

APN: 87-12-27-412-008.000-019