NOT LISTED FOR SALE

9881 Arbor Lake Dr Newburgh, IN 47630

Estimated Value: $265,000 - $287,000

2 Beds
2 Baths
1,302 Sq Ft
$160/mo HOA Fee

Last Sold March 11, 2024

Last sale price $264,900 $203 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,805/month

2 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Lake, Pond or Stream
  • John H. Castle Elementary School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of March 2024

Welcome to a Fantastic Condo At Arbor on the Lakes Villas featuring 2 Bedrooms, 2 Baths, and an attached 2 Car Garage. As you enter from the covered front porch, you will be welcomed to a large ceramic tiled Foyer opening to the Great Room. The Great Room features a cathedral ceiling with ceiling fan/light, and warm colored wall paint. Open to the great room is an informal dining room with a double window overlooking the Lake. Enjoy your morning coffee with Spectacular View of this Lake. Magnificent Kitchen with castled and crowned cabinetry and an angled breakfast bar with room for three stools. The kitchen appliances are included with this purchase. Access to the large laundry room from the kitchen and the garage makes it easy to store the groceries. The laundry room also boasts storage cabinets and a pantry/coat closet. The attached, oversized garage has an opener and 2 remotes and includes the water softener. Just off the Great Room is the Master Suite hosting a Large lighted walk-in closet and its own private bath. The master bath has been recently updated with a beautiful tiled shower. Off the foyer is a small hallway with a coat closet and linen closet-so much storage space! The second bedroom is located in the front of the home and has a double window overlooking the front lawn. A convenient guest bathroom is also located off the front hall and hosts a tub/shower combo and linen closet. Just off the dining room you will find a Spectacular Sun Room with electric fireplace and a ceiling fan/light. This room has been well insulated and is heated and cooled by opening the two windows in the living room. This room is not included in the total square footage and would be an additional 105 sq ft of living space. An extended open patio invites you to relax upon it both in the morning or night as it includes a retractable awning with sun shade screen. Note: Per HOA no rental property allow; must be occupied by the homeowner. The views in this condo are just wonderful; surely the one for YOU!!!

Last Agent to Sell the Property

Susan Shepherd

F.C. TUCKER EMGE Brokerage Phone: 812-479-0801 Listed on: 02/21/2024

F.C. TUCKER EMGE

Last Buyer's Agent

Johnna Cameron

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 2008

Lot Details

  • 50 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Partially Fenced Property
  • Privacy Fence
  • Landscaped

HOA Fees

  • $160 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Planned Development
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,302 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Triple Pane Windows
  • Double Pane Windows
  • Entrance Foyer
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Outdoor Features

  • Lake, Pond or Stream
  • Enclosed patio or porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 87-12-21-301-002.063-019

Community Details

Overview

  • Arbor On The Lake Villas Subdivision

Recreation

  • Waterfront Owned by Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,054

Year Built

Built in 2008

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2008
  • Age: 16
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: UNIT 9881 ARBOR ON THE LAKES VILLAS HORIZONTAL PROPERTY REGIME 12.5% INT IN COMMON AREA LOT 63
  • Parcel Number ID: 87-12-21-301-002.063-019
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Cable Ready, Ceiling-Cathedral, Closet(s) Walk-in, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Home Warranty Included, Landscaped, Near Walking Trail, Open Floor Plan, Patio Covered, Patio Open, Porch Enclosed, Range/Oven Hook Up Elec, Split Br Floor Plan, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Warrick Wellness Trail
  • Location: City/Town/Suburb
  • Road Surface: Concrete
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1302
  • Total Finished Sq Ft: 1302
  • Above Grade Finished Sq Ft: 1302
  • Price Per Sq Ft: 203.46
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Other Room1: Sunroom, Dimensions: 14x7, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None
  • Fence: Partial, Privacy
  • Lake Type: Non Ski Lake
  • Water Features: Assoc
  • Water Frontage: 50

Garage/Parking

  • Driveway: Aggregated, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x21
  • Garage Sq Ft: 441
  • 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: Indiana American Water Co
  • Cable Company: DirectTV, AT&T
  • Hvac: Ceiling Fan
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 160
  • Association Fees Frequency: Monthly
  • Common Amenities: Sidewalks

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, Planned Unit Development
  • Lot Dimensions: 50x120
  • Estimated Lot Sq Ft: 6000
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 63

Green Features

  • Energy Efficient: Doors, HVAC, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Triple Pane Windows

Tax Info

  • Annual Taxes: 1054
  • Exemptions: Disabled Vet, Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

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
Feb 21, 2024
Closed on
Mar 11, 2024
Sold by
Smithpeters Suebob B
Bought by
Yeager Richard E
Seller's Agent
Susan Shepherd
F.C. TUCKER EMGE
Buyer's Agent
Johnna Cameron
ERA FIRST ADVANTAGE REALTY, INC
List Price
$264,900
Sold Price
$264,900
Views
41
Current Estimated Value
$270,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,794
Avg. Annual Appreciation
1.68%
Original Mortgage
$288,211
Outstanding Balance
$284,566
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$13,872

Purchase Details

Closed on
Mar 24, 2010
Sold by
Arbor Development Llc
Bought by
Smithpeters Suebob B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Yeager Richard E $264,900 None Listed On Document
Smithpeters Suebob B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smithpeters Suebob B $288,211
Previous Owner Smithpeters Suebob $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $264,900 0.0% $203 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $264,900 -- $203 / 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 $1,719 $239,800 $35,800 $204,000
2023 $1,000 $225,000 $35,800 $189,200
2022 $651 $178,200 $35,800 $142,400
2021 $529 $161,300 $35,800 $125,500
2020 $706 $171,400 $10,600 $160,800
2019 $624 $156,200 $10,600 $145,600
2018 $529 $153,100 $10,600 $142,500
2017 $483 $149,000 $10,600 $138,400
2016 $409 $142,000 $10,600 $131,400
2014 $548 $143,400 $10,600 $132,800
2013 $340 $142,300 $20,100 $122,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202405560

Indiana Regional MLS

APN: 87-12-21-301-002.063-019