1 month on rocket

Sale Pending

300 W Jennings St, Newburgh, IN, 47630

$2,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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300 W Jennings St, Newburgh$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1940
HeatingForced Air
CoolingCentral Air
MLS #202442835
Lot Size1.40 Acres
StatusSale Pending
(Pending)

About 300 W Jennings St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2

Listing Office:

  • Office Name: Carpenter Realty LLC
  • Office Phone: (812) 559-0458
  • Listing Agent: Larry Carpenter III

Lot Features

Lot Information:

  • Lot Size: 1.40 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Follow W SR 662 until it goes W Jennings St., Property is on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
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Housing Market Comparison

See how this home compares to others in Newburgh, IN.

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Newburgh, IN

City

Med. Sold Price

$330K

Med. Price/SqFt

$151

# of Sold Homes

51

300 W Jennings St vs Newburgh

49 DAYS ON ROCKET

$2,250,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Newburgh, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202442835

Listing Office:

  • Office Name: Carpenter Realty LLC
  • Office Phone: (812) 559-0458
  • Listing Agent: Larry Carpenter III

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 9:55:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1270147
8
/10

  • Newburgh Elementary School

  • 306 State St

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-1270148
8
/10

  • Sharon Elementary School

  • 7300 Sharon Rd

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-1270149
9
/10

  • J. H. Castle Elementary School

  • 3077 Hwy 261

  • 3.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,785. Typical income of Newburgh, IN residents is between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 300 W Jennings St

What is the listing price of this property?

The listing price of 300 W Jennings St property is $2,250,000.

What type of property is this?

The property 300 W Jennings St is a condo located in Newburgh, Indiana, 47630.

Is this property for sale now?

Sale Pending: 300 W Jennings St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

Which year was this property built?

The year of construction for 300 W Jennings St is 1940.

Rocket Homes›Indiana›Warrick County›Newburgh›47630›300 W Jennings St

This home is located at 300 W Jennings St in Newburgh, IN and zip code 47630. This home was built in 1940. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $2,250,000.

In November 2024, from all listings sold in Newburgh, IN there were more than 8 sold above asking price, over 26 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Newburgh, IN between October 2024 and November 2024 increased by 1%.

From Rocket Homes Real Estate and based on county public records data.

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