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$895,000

5300 Lake Newburgh Drive Newburgh, IN  47630

  • 4 Beds
  • 4 Baths
  • 4,294 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 5300 Lake Newburgh Drive Newburgh, IN 47630

This exquisite two-story brick home presents a rare opportunity within the exclusive Lake Newburgh subdivision. Boasting 4 bedrooms, 3.5 bathrooms, a formal dining room, a living room, and a home office, this residence offers an abundance of living space for you. The heart of the home lies in the expansive eat-in kitchen, featuring granite countertops, stainless steel appliances, and ample cabinet space. Throughout the home, you'll find stunning Brazilian cherry hardwood flooring that adds warmth and character. The living room is a welcoming space with an open layout, highlighted by a cozy fireplace and an open loft area on the second floor. The first-floor master bedroom is a true retreat, complete with double tray ceilings, a walk-in closet, and direct access to the "no maintenance" lighted deck. The master bath is equally impressive, featuring double sinks, a jacuzzi tub, and a tiled shower. Upstairs, you'll discover three generously sized bedrooms, two of which boast vaulted ceilings and breathtaking views of the lake. The third bedroom overlooks a picturesque backyard oasis. All bedrooms offer walk-in closets for your convenience. The spacious bonus room with a wet bar is perfect for entertaining guests. The outdoor space is a true gem, with ample room and privacy for your outdoor gatherings. The saltwater fiberglass pool is equipped with a custom concealed cover, a waterfall, and a slide, providing endless fun for your guests. You can also unwind in the hot tub or by the fire pit while enjoying your favorite tunes on the integrated sound system. The meticulously landscaped 1-acre lot includes an irrigation system to keep everything looking lush and vibrant. The oversized 3-car garage is currently fitted with an elevated door, making it suitable for a golf simulator or a car lift, catering to the needs of car enthusiasts and golf aficionados. Additionally, the large unfinished basement offers plenty of room for recreational activities such as ping pong and provides abundant storage space with shelving for all your off-season decorations and pool equipment. This remarkable home offers a life of luxury and is an opportunity you won't want to miss.

Address:5300 Lake Newburgh Drive Newburgh IN 47630
Status:Active
on site: 60 days
Price:$895,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:4,294
Year Built:2003
Lot Size:1.08
County: Warrick County
Township: Ohio
School System : Warrick County
MLS #:202406509
Property Type:Site-Built Home
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:124 X 160
Lot Description:Level
Directions:Head South on SR 261 and turn left on Lake Newburgh Drive.
Total Sq. Ft. :4,294
Garage:Attached
Basement:Yes

Loan Price
$5,714
Price And Interest $4,669/month
Property Tax $672/month
MTG INS $0/month
HOME INS $373/month
Price
$895,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$672/month
Home Owner Insurance
$4,476 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 15 Main
2nd Bedroom 13 x 13 Upper
3rd Bedroom 14 x 14 Upper
4th Bedroom 13 x 12 Upper

Semi-Annual Property Tax:$4,030
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: Lake Newburgh
Zip Code:47630

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

Total Sq. Ft.:4,294
Exterior Features:Asphalt, Brick, Concrete, Metal, Masonry
Fuel:Gas
Fireplace(s):Gas Starter
Cool:Central Air
Heat:Gas
Total Rooms:13
EXPLORE TUCKER LUXURY
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Schools in 5300 Lake Newburgh Drive Newburgh, IN  47630


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Listing provided courtesy of Will Smith with F.C. TUCKER EMGE

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

121
Avg. DOM
$189.7
Avg. $ / Sq.Ft.
$ 399,900
Med. List Price

The house prices in Newburgh are not dropping at the moment. There has been a increase in price of $44,840.93. 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 Up. The average house price is $394,450.00 and the average price per square feet is $188.13 per square feet. At the moment, the amount of homes listed is exactly 859 houses, with 84 with active status, 66 with pending status and 709 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 $2,847.48. 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 76 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 109 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 $165,000.00 . 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 1850 and the newest built house is in year 2024.

The average size of properties in Newburgh is 2687.61 sq.ft. , the biggest one being 6836 sq.ft. and the smaller being 1080 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.