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(SOLD) $241,625

625 Village Lane Newburgh, IN  47630

  • 4 Beds
  • 4 Baths
  • 3,360 sq. Ft

Property Description for 625 Village Lane Newburgh, IN 47630

All brick 2 story 4 plex near downtown Newburgh. Each unit is 1 bedroom and 1 bath. There is a washer and dryer in the building which is owned by the seller and is available for the tenants to use. There is a storage shed out back and each apartment has access to one section. Tenants pay electric. Owner pays water, sewer for all units plus water and sewer and electric for common area and washer/dryer plus insurance and maintenance. Unit D upstairs is vacant and may be shown anytime. After viewing this unit the others may be shown by appointment with 24 hour notice. Long term term tenants since 2018, 2019, & 2019. Leases originally 1 year, then month to month after that.

Address:625 Village Lane Newburgh IN 47630
Status:Sold
Sold On: 7/5/2024
Price:$250,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths
Sq. Feet:3,360
Year Built:1972
Lot Size:0.27
County: Warrick County
Township: Ohio
School System : Warrick County
MLS #:202416531
Property Type:Fourplex

Lot Dimensions:80 x 147
Directions:Hwy 662, North on Frame Rd, East on Village Lane
Total Sq. Ft. :3,360
Basement:No

Loan Price
$1,602
Price And Interest $1,260/month
Property Tax $241/month
MTG INS $0/month
HOME INS $101/month
Price
$241,625
Down Payment %
0 %
Down Payment
$0
Property Taxes
$241/month
Home Owner Insurance
$1,212 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom null x 5 Info Not Available
4th Bedroom 5 x null Info Not Available
5th Bedroom 4 x 4 Info Not Available
Family Room 520 x 480 Info Not Available

Semi-Annual Property Tax:$1,446
Tax Year:2024
Mandatory HOA Fee:$

City:Newburgh
Subdivision: Newburgh Village
Zip Code:47630

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

Total Sq. Ft.:3,360
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 Kathy Borkowski with ERA FIRST ADVANTAGE REALTY, INC

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

133
Avg. DOM
$192
Avg. $ / Sq.Ft.
$ 350,800
Med. List Price

The house prices in Newburgh are indeed dropping at the moment. There has been a decrease in price of $23,284.79. 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 $352,900.00 and the average price per square feet is $173.84 per square feet. At the moment, the amount of homes listed is exactly 534 houses, with 112 with active status, 57 with pending status and 365 sold in Newburgh .

The most popular place to buy a home in Newburgh is . 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 $2,634.05. 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 67 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 102 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Newburgh is $1,274,900.00. 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 2626.61 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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