$325,000
SOLD JUN 10, 2021

8866 Oak Grove Rd Newburgh, IN 47630

8 Acres
$42,044 Price per Acre
336,719 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

7% Below List Price

5 Days on Market

About This Lot

As of December 2021

Highly visible Oak Grove Road acreage with two curb cuts. There is approximately 4.5 Acres of Industrial Acreage (M-2) and approximately .25 acres of (R-1A) with a 1,215 sqft house with a full basement.

Last Agent to Sell the Property

Mark Miller

ERA FIRST ADVANTAGE REALTY, INC Listed on: 05/12/2021

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Kelly O'Rourke

ERA FIRST ADVANTAGE REALTY, INC

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,496

Lot Details

  • 7.73 Acre Lot
  • Lot Dimensions are 722 x 335
  • Property fronts a county road
  • Finished Lot(s)
  • Property is zoned M-2 General Industrial

Parking

  • Driveway

Utilities

  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 87-12-15-300-030.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$1,496

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: S 1/2 S 1/2 SW SW. S15 T6 R9. 4.73BA.
  • Parcel Number ID: 87-12-15-300-030.000-019
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 93.12
  • Parcel Description: Lake, Level
  • Type of Sale: Private Seller
  • Options: Additional Land Available
  • Type Use: Commercial
  • County Zoning: M-2 General Industrial
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic, Available

Schools

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

Lot Info

  • Lot Dimensions: 722 X 335
  • Estimated Lot Sq Ft: 336719
  • Estimated Lot Size Acres: 7.73

Tax Info

  • Annual Taxes: 1495.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 28, 2021
Sold by
Imago Llc and Hartman Thomas
Bought by
Miller Alyssa L and Miller Jeffrey T
Seller's Agent
Kelly O'Rourke
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Bobbie Jo Hinkle
ERA FIRST ADVANTAGE REALTY, INC
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Current Estimated Value
$301,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,016
Avg. Annual Appreciation
8.89%
Original Mortgage
$201,400
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $201,400 New Conventional
Previous Owner $44,299 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $212,000 -5.8% $87 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $225,000 -30.8% $93 / Sq Ft
06/10/2021 06/10/21 Sold $325,000 -6.9% $134 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $349,000 -- $144 / 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 $1,301 $192,800 $34,500 $158,300
2023 $1,290 $192,100 $34,500 $157,600
2022 $2,835 $194,300 $34,500 $159,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202116890

Indiana Regional MLS

APN: 87-12-15-313-001.000-019