8311 Chestnut Dr Newburgh, IN 47630
Estimated Value: $283,000 - $313,000
4
Beds
3
Baths
2,284
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- 2.5 Car Attached Garage
- Level Lot
- Sharon Elementary School Rated A
- Central Air
About This Home
As of May 2018Incredible brick 4-bed, 3-full bath with a large yard and space to spare now available in Newburgh! Step onto the covered front porch and through the sidelited front door into the two-story entry foyer with hardwood floors. The formal living room, currently used as a bonus and music room, is awash with natural light from the large front window. The formal dining room has a chair rail and is conveniently located beside the generous kitchen. With tile floors, a walk-in pantry, solid-surface countertops, and bar seating overlooking the family room, you'll be right at home in the kitchen. The great room has an open concept to the kitchen and features a floor-to-ceiling brick fireplace, cathedraled ceilings with exposed wood beams, and a bump-out bay window area with access to the backyard. There is a ensuite master bedroom on both floors and the main level has two additional bedrooms. Upstairs is a new master suite refuge with a new full bath, bedroom, and a common area or bonus room. A walk-in and unfinished attic space could easily be finished out into a large theater room or fifth bedroom. Outside is a covered patio, retaining wall, and large yard that includes a playset and many mature trees. Dual-zone heating and air system is installed for separate control, completely new upstairs with a new high-efficiency HVAC downstairs. Home warranty also included for buyer. Don't miss this one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $990
Year Built
- Built in 1979
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 100' x 185'
- Level Lot
Parking
- 2.5 Car Attached Garage
Home Design
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 2,284 Sq Ft Home
- 1.5-Story Property
- 1 Fireplace
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 87-12-27-211-032.000-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2018
Closed on
May 15, 2018
Sold by
Schauss Michael and Schauss Erin
Bought by
Royal Amy B
Seller's Agent
Wayne Ellis
@properties
Buyer's Agent
Becky Ismail
ERA FIRST ADVANTAGE REALTY, INC
List Price
$174,900
Sold Price
$179,500
Premium/Discount to List
$4,600
2.63%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,215
Avg. Annual Appreciation
7.26%
Original Mortgage
$176,248
Outstanding Balance
$157,170
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$136,545
Purchase Details
Closed on
May 18, 2007
Sold by
Morgan Ronald K and Morgan Marcia Louise
Bought by
Schauss Michael and Schauss Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,840
Interest Rate
6.27%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Newburgh, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Royal Amy B | -- | None Available | |
| Schauss Michael | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Royal Amy B | $8,446 | |
| Closed | Royal Amy B | $5,283 | |
| Closed | Royal Amy B | $5,167 | |
| Open | Royal Amy B | $176,248 | |
| Previous Owner | Schauss Erin | $95,000 | |
| Previous Owner | Schauss Michael | $109,840 | |
| Previous Owner | Schauss Michael | $27,460 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2018 05/15/18 | Sold | $179,500 | +2.6% | $79 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | For Sale | $174,900 | -- | $77 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,925 | $262,800 | $30,100 | $232,700 |
| 2023 | $1,735 | $241,800 | $30,100 | $211,700 |
| 2022 | $1,602 | $218,100 | $30,100 | $188,000 |
| 2021 | $1,283 | $175,000 | $35,000 | $140,000 |
| 2020 | $1,244 | $162,000 | $31,800 | $130,200 |
| 2019 | $1,328 | $165,000 | $31,000 | $134,000 |
| 2018 | $1,100 | $150,800 | $31,000 | $119,800 |
| 2017 | $1,073 | $145,900 | $31,000 | $114,900 |
| 2016 | $1,011 | $143,300 | $31,000 | $112,300 |
| 2014 | $962 | $146,800 | $30,200 | $116,600 |
| 2013 | $951 | $147,900 | $30,200 | $117,700 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Ellis
Seller's Agent in 2018
Wayne Ellis
@properties
(812) 626-0169
12 Total Sales
-
Becky Ismail
Buyer's Agent in 2018
Becky Ismail
ERA FIRST ADVANTAGE REALTY, INC
(812) 483-3323
294 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201814113
APN: 87-12-27-211-032.000-019
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