NOT LISTED FOR SALE

8311 Chestnut Dr Newburgh, IN 47630

Estimated Value: $283,000 - $313,000

4 Beds
3 Baths
2,284 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $179,500 $79 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,772/month

1 Day on Market

Highlights

  • 1 Fireplace
  • 2.5 Car Attached Garage
  • Level Lot
  • Sharon Elementary School Rated A
  • Central Air

About This Home

As of May 2018

Incredible 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!

Last Agent to Sell the Property

Wayne Ellis

@properties Listed on: 04/12/2018

@properties

Last Buyer's Agent

Becky Ismail

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1979
  • Age: 39
  • Style: One and Half Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 32 Green Spring Valley PT 5. |
  • Parcel Number ID: 87-12-27-211-032.000-019
  • Platted: Yes
  • Sp Lp Percent: 102.63
  • Special Features: None

Interior Features

  • Total Sq Ft: 2284
  • Total Finished Sq Ft: 2284
  • Above Grade Finished Sq Ft: 2284
  • Price Per Sq Ft: 78.59
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 21x16, On Level: Main
  • Extra Room: Upstairs Common Area, Dimensions: 15x12, On Level: Upper
  • Bedroom 1: Dimensions: 19x12, On Level: Upper
  • Bedroom 2: Dimensions: 17x15, On Level: Main
  • Bedroom 3: Dimensions: 15x10, On Level: Main
  • Bedroom 4: Dimensions: 13x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 22x21
  • Garage Sq Ft: 462
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100' x 185'
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Tax Info

  • Annual Taxes: 989.6

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%
Current Estimated Value
$304,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,710
Avg. Annual Appreciation
7.52%
Original Mortgage
$176,248
Outstanding Balance
$157,170
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$149,026

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
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
Royal Amy B -- None Available
Schauss Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Amy B $176,248
Previous Owner Schauss Michael $109,840
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

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 $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

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Map

Source: Indiana Regional MLS

MLS Number: 201814113

Indiana Regional MLS

APN: 87-12-27-211-032.000-019