$262,652
SOLD DEC 19, 2019

8401 Nolia Ln Newburgh, IN 47630

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

Recently Sold

$122 Per Sq Ft

8% Above List Price

Highlights

  • Primary Bedroom Suite
  • 1.5-Story Property
  • Crown Molding
  • John H. Castle Elementary School Rated A-
  • 2.5 Car Attached Garage
  • Walk-In Closet

About This Home

As of July 2022

Presold...Currently under construction.....Ready to relax and enjoy life? Could you use a new home that will put some "easy" in your life? Then come visit Magnolia Place, a new Newburgh Townhome Development offering a low maintence lifestyle. Live comfortably. Enjoy room for yourself and your family and entertain old friends. Magnolia Place Townhomes are built to simplify. Built by CAC Development, luxury standard finishes include 9-ft ceilings, crown molding, 6-inch baseboards, engineered hardwood flooring, arched doorway from the great room to the spectacular kitchen, granite counter tops, 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 and window making it possible to use this as an exra bedroom! Outside, you will be delighted to have your morning beverage on your covered front porch. In the evening sip your favorite beverage on your private back patio. This unit may be under construction - if so you can pick your finishes! Come visit one of our finished models today!!

Last Agent to Sell the Property

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 04/24/2019

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 04/24/2019

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 2019

Lot Details

  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Landscaped

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,147 Sq Ft Home
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

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

Additional Features

  • ADA Inside
  • Patio

Community Details

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,275

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
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Magnolia Place Lot 14
  • Amenities: 1st Bdrm En Suite, ADA Features, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Crown Molding, Detector-Smoke, Disposal, Garage Door Opener, Landscaped, Patio Open, Main Level Bedroom Suite
  • Cross Street: Bell Rd
  • New Construction: Spec
  • Planned Unit Dev: Yes
  • Sp Lp Percent: 107.69
  • County Zoning: R-1 One Family Dwelling
  • Special Features: None

Interior Features

  • Total Sq Ft: 2147
  • Total Finished Sq Ft: 2147
  • Above Grade Finished Sq Ft: 2147
  • Price Per Sq Ft: 122.33
  • 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: Aluminum, Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Full, Privacy, Wood

Garage/Parking

  • 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
  • Cable Company: WOW
  • 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

Lot Info

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

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Bosse Law Office Pc
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $246,000 New Conventional
Previous Owner $249,519 New Conventional
Previous Owner $2,000,000 Construction
Previous Owner $1,500,000 Credit Line Revolving
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: 201915484

Indiana Regional MLS

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