NOT LISTED FOR SALE

8401 Nolia Ln Newburgh, IN 47630

Estimated Value: $343,481 - $372,000

3 Beds
3 Baths
2,147 Sq Ft
$13/mo HOA Fee

Last Sold July 26, 2022

Last sale price $319,500 $149 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,161/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground
  • John H. Castle Elementary School Rated A-
  • 1.5-Story Property
  • Great Room

About This Home

As of July 2022

Ready to relax and enjoy life? Could you use a home that will put some "easy" in your life? Then come visit 8401 Nolia Lane where you can live comfortably while enjoying room for yourself with space to entertain friends. Magnolia Place Townhomes are designed to simplify. Built by CAC Development, you'll love the professional designer touches by the owners. Luxury finishes include 9-ft ceilings, crown molding, 6-inch baseboards, extremely durable Luxury Vinyl flooring, arched doorway from the great room to the spectacular kitchen, quartz countertops, custom tile backsplash, castled crown-topped cabinetry, stainless appliances, an island with seating and a pantry. The peaceful master bedroom with walk-in closet has a private bathroom with a luxurious shower. Completing the home's main floor plan is an additional bedroom, a guest bedroom/sun room and full hall bath. Need some extra space to get away? A bonus room upstairs adds 455 sf of additional living space AND this unit features a dormer with a window and a full bathroom upstairs making it possible to use this as an extra bedroom! Outside, you will be delighted to have your morning beverage on your covered front porch. The custom landscaped back patio features an aluminum pergola with a remote control cover, a fan, and a remote sun shade plus pet friendly artificial turf making the back yard truly a private oasis for the whole household rain or shine!

Last Agent to Sell the Property

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 06/23/2022

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Janice Miller

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 2019

Lot Details

  • Backs to Open Ground
  • Rural Setting
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Landscaped

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Aggregate Flooring
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • 1.5-Story Property
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,147 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Great Room
  • Utility Room in Garage
  • Storage In Attic

Kitchen

  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • ADA Inside
  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 87-12-15-413-057.000-019

Community Details

Overview

  • Magnolia Place Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,035

Year Built

Built in 2019

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2019
  • Age: 3
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Magnolia Place Lot 14
  • Parcel Number ID: 87-12-15-413-057.000-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, ADA Features, Attic Storage, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Garage Utilities
  • Cross Street: Bell Rd
  • Location: Rural Subdivision
  • New Construction: Spec
  • Planned Unit Dev: Yes
  • Sp Lp Percent: 100
  • County Zoning: R-1 One Family Dwelling
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2147
  • Total Finished Sq Ft: 2147
  • Above Grade Finished Sq Ft: 2147
  • Price Per Sq Ft: 148.81
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 17x33, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Other Room1: Bonus Room, Dimensions: 16x18, On Level: Upper
  • Other Room 2: Storage room, Dimensions: 16x18, On Level: Upper
  • Main Level Sq Ft: 1661
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Full, Privacy, Wood

Garage/Parking

  • Driveway: Aggregated
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 20x21
  • Garage Sq Ft: 420
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Chandler Water Utility
  • Cable Company: WOW
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 5

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 150
  • Association Fees Frequency: Annually

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: 108 x 44
  • Estimated Lot Sq Ft: 4587
  • Estimated Lot Size Acres: 0.11

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 2035
  • Exemptions: Homestead, Mortgage

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
Jun 23, 2022
Closed on
Jul 25, 2022
Sold by
Murphy Michael E and Murphy Lisa
Bought by
Madewell Gary
Seller's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Janice Miller
ERA FIRST ADVANTAGE REALTY, INC
List Price
$319,500
Sold Price
$319,500
Current Estimated Value
$354,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,120
Avg. Annual Appreciation
3.91%

Purchase Details

Listed on
Apr 24, 2019
Closed on
Dec 19, 2019
Sold by
Cac Development Company Llc
Bought by
Murphy Michael E and Murphy Lisa
Seller's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
List Price
$243,900
Sold Price
$262,652
Premium/Discount to List
$18,752
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$249,519
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2019
Sold by
Green River Investments Llc
Bought by
Cac Development Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Madewell Gary -- Bosse Law Office Pc
Murphy Michael E -- None Available
Cac Development Company Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Michael E $246,000
Previous Owner Murphy Michael E $249,519
Previous Owner Cac Development Company Llc $2,000,000
Previous Owner 2400 Green River Investments Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $319,500 0.0% $149 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $319,500 +21.6% $149 / Sq Ft
12/19/2019 12/19/19 Sold $262,652 +7.7% $122 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $243,900 -- $114 / 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 $2,275 $301,900 $38,700 $263,200
2023 $2,141 $287,800 $32,300 $255,500
2022 $2,061 $267,000 $32,300 $234,700
2021 $2,035 $248,500 $32,300 $216,200
2020 $1,990 $233,200 $36,700 $196,500
2019 $10 $1,200 $1,200 $0
2018 $19 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202225369

Indiana Regional MLS

APN: 87-12-15-413-057.000-019