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$2,250,000

300 W Jennings Street Newburgh, IN  47630

  • 8 Beds
  • 12 Baths
  • 25,800 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 300 W Jennings Street Newburgh, IN 47630

Invest in a piece of Newburgh history with this prime commercial property. This 22-unit facility, strategically located in downtown Newburgh near the Ohio River, offers a unique blend of historic charm and modern convenience. With 5 residential units and 17 commercial spaces, this property has the potential to generate over $275,000 annually in gross income. Don't miss this opportunity to own a thriving business hub in one of Indiana's most picturesque towns. Owner is a licensed Real Estate Broker.

Address:300 W Jennings Street Newburgh IN 47630
Status:Active
on site: 16 days
Price:$2,250,000
Bedrooms:8 Beds
Bathrooms:6 Full Baths, 6 Half Baths
Sq. Feet:25,800
Year Built:1940
Lot Size:1.40
County: Warrick County
Township: Ohio
School System : Warrick County
MLS #:202442835
Property Type:Apartment Complex

Lot Dimensions:1.4 Acre
Directions:Follow W SR 662 until it goes W Jennings St., Property is on the Left
Total Sq. Ft. :25,800
Basement:Yes

Loan Price
$13,275
Price And Interest $11,737/month
Property Tax $600/month
MTG INS $0/month
HOME INS $938/month
Price
$2,250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$600/month
Home Owner Insurance
$11,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
5th Bedroom 5 x 5 Info Not Available
Living Room 2 x 1 Info Not Available

Semi-Annual Property Tax:$3,600
Tax Year:2024
Mandatory HOA Fee:$

City:Newburgh
Subdivision: None
Zip Code:47630

School System:Warrick County
High School:Castle
Middle School:Castle South
Elementary School:Newburgh

Total Sq. Ft.:25,800
EXPLORE TUCKER LUXURY
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Larry Carpenter III with Carpenter Realty LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Newburgh Market Report

128
Avg. DOM
$188.86
Avg. $ / Sq.Ft.
$ 339,950
Med. List Price

The house prices in Newburgh are indeed dropping at the moment. There has been a decrease in price of $39,400.39. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Newburgh are going Down. The average house price is $339,900.00 and the average price per square feet is $188.70 per square feet. At the moment, the amount of homes listed is exactly 1184 houses, with 112 with active status, 67 with pending status and 1005 sold in Newburgh .

The most popular place to buy a home in Newburgh is 8709 - Warrick - Ohio. 8709 - Warrick - Ohio is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Newburgh .

The average amount of property taxes you would have to pay for a home in Newburgh is $2,428.92. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Newburgh are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Newburgh was 8 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Newburgh is $2,493,750.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Newburgh is $139,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Newburgh in year 1843 and the newest built house is in year 2024.

The average size of properties in Newburgh is 2556.42 sq.ft. , the biggest one being 6755 sq.ft. and the smaller being 632 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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