9940 Arbor Lake Dr, Newburgh, IN, 47630
About This Home
Situated on a desirable corner lake lot, this beautifully maintained 3-bedroom, 2-bath home offers 1,598 square feet of thoughtfully designed living space. The popular split-bedroom floor plan is complemented by an open-concept layout with a soaring vaulted ceiling that creates a bright and spacious atmosphere. The kitchen is both stylish and functional, featuring granite countertops, a tumbled tile backsplash, stainless steel appliances—including a brand-new refrigerator—and a generous dining area perfect for everyday living or entertaining. Just off the kitchen, you'll appreciate the roomy laundry area for added convenience. Beautiful hardwood floors, installed in July 2025, come with a lifetime warranty, adding both elegance and long-term value. Step outside to the covered back porch and enjoy peaceful lake views—an ideal setting for morning coffee, evening relaxation, or entertaining friends and family. Additional highlights include a two-car attached garage, an attractive corner lot, and an annual HOA fee of $900 that covers lawn care, lake maintenance, and snow removal—making it easy to enjoy a low-maintenance lifestyle year-round. The seller is offering negotiable possession and a one year AHS Home Warranty.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2014
Materials
- Roof: Dimensional Shingles
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Electric Oven,Electric Range,Gas Water Heater,Water Softener Owned
- Laundry features: Main Level
Basement
- Basement: Crawl Space
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 110
Features
- Vaulted Ceiling(s),Walk-In Closet(s),Stone Counters,Crown Molding,Entrance Foyer,Open Floorplan,Split Br Floor Plan,Stand Up Shower,Tub/Shower Combination,Main Level Bedroom Suite,Great Room
- Window features: Window Treatments,Blinds
- Flooring: Hardwood
- Fireplace features: None
- Attic: Storage
- Finished area below ground: 0
- Finished area above ground: 1,598
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,598
- Total interior livable area: 1,598 sqft
Kitchen
- Level: Main
- Area: 110
Living Room
- Level: Basement
- Area: 280
Property
Details
- Parcel number: 871221305001.000019
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered
- Fencing: None
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront,Lake Front
- Frontage length: Water Frontage(0)
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot,Planned Unit Development,0-2.9999,City/Town/Suburb
- Lot size dimensions: 0x0
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,541 | $18,492 |
| Home Insurance * | $174 | $2,088 |
| Property Taxes | $152 | $1,824 |
| Electricity | $184 | $2,212 |
| Total | $2,051 | $24,612 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $304,900 |
| 2026-07-10 | Listed for sale | $307,900 |
| 2016-06-13 | Sold | $182,000 |
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