$500,000

State Rd 66 Hwy Newburgh, IN 47630

Estimated payment $2,986/month

Total Views 2,869
60 Acres
$8,383 Price per Acre
2,598,119 Sq Ft Lot

About This Lot

This property was zoned years ago for mixed use based on the Elevation i.e. R-3 for condos and W-F for a Marina on the portion of property below the 100 year flood plain & C-3 light commercial for possibly a Restaurant. This ground already has a highway cut to access this property. There is an abundance of wild life i.e. Deer & Wild Turkey. This property is located between Overlook Park and Cypress Creek.

Listing Agent

Randy Brown

F.C. TUCKER EMGE Brokerage Phone: 812-853-3381

F.C. TUCKER EMGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,408

Lot Details

  • 59.64 Acre Lot
  • Property fronts a state road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible
  • The community has rules related to zoning restrictions

Parking

  • Private Parking
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Sharon Elementary School
  • Castle South Middle School
  • Castle High School

Listing and Financial Details

  • Assessor Parcel Number 87-16-07-100-026.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$2,408

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: See the Attached Legal in Documents
  • Parcel Number ID: 87-16-07-100-026.000-001
  • Platted: Yes
  • Location: Suburb
  • Parcel Id2: 87-15-12-200-038.000-001
  • Road Access: County
  • Road Surface: Concrete
  • Parcel Description: Heavily Wooded, Irregular, Wetlands, Undeveloped, Flood Plain, Water View
  • Restrictions: Zoning Restrictions
  • Can Be Subdivided: Yes
  • Miscellaneous: Easy Access to Interstate
  • Options: Sell Entirely, Will Divide, Additional Land Available
  • Side Of Road: South
  • Type Use: Commercial, Multi-Family, Recreational
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: State

Garage/Parking

  • Parking: Off Street, Private

Utilities

  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Electricity Type: Available
  • Fuel Type: Electric

Schools

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

Lot Info

  • Lot Dimensions: 0 x 0 Irregular
  • Estimated Lot Sq Ft: 2598119
  • Estimated Lot Size Acres: 59.6446
  • Easements: Yes

Tax Info

  • Annual Taxes: 2407.92

MLS Schools

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

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $1,261 $95,600 $95,600 $0
2022 $936 $68,100 $68,100 $0
2021 $1,191 $80,100 $80,100 $0
2020 $1,230 $80,100 $80,100 $0
2019 $1,173 $76,600 $76,600 $0
2018 $1,140 $76,600 $76,600 $0
2017 $1,734 $76,600 $76,600 $0
2016 $1,710 $76,600 $76,600 $0
2014 $1,108 $76,600 $76,600 $0
2013 $1,080 $76,600 $76,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $500,000 +566.7% --
03/03/2025 03/03/25 For Sale $75,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202506772

Indiana Regional MLS

APN: 87-15-12-200-038.000-001