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2874 Lake Dr, Newburgh, IN, 47630

5beds
6baths
4,254sqft
$1,185,000
$279price/sqft
$7,731/moest. monthly cost
$309,240/yrincome needed

About This Home

Located in the new Libbert Lakes Subdivision at the corner of Libbert and Oak Grove, this striking black-and-white beauty offers a bold blend of style and sophistication. Designed with an open-concept layout, the home showcases grand metal barn doors, floating shelves, and sleek horizontal stair rails that add architectural flair. In the family room, a soaring 12-foot cathedral ceiling draws the eye upward to stunning oak beams, while a quartz fireplace surround flanked by built-in bookshelves and cabinets creates a cozy yet elevated centerpiece. The spacious kitchen is a dream for both cooking and entertaining, with a waterfall quartz island under pendant lighting, a dramatic black scalloped wood hood, and premium stainless-steel appliances. Nearby, the breakfast area features a built-in beverage bar and open shelving for effortless mornings or evening gatherings. Retreat to the luxurious primary suite, where a custom tile shower, freestanding soaking tub, and an oversized walk-in closet with center island provide a spa-like experience. An office just off the foyer offers privacy behind stylish metal barn doors, while a large bonus room and a 3-car garage with epoxy flooring offer extra space for every need. Set on a beautifully landscaped lot with irrigation and a lake view, this home promises tranquil evenings and unforgettable sunsets from the covered back porch. Libbert Lakes Subdivision is at the corner of Libbert and Oak Grove, offering peaceful surroundings just a short drive from all local conveniences.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
9/10
Castle High SchoolGrades 9-121.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Shingle
  • Construction materials: Brick,Stone

Other

  • Builder name: CAC Custom Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Gas Cooktop,Oven-Built-In,Gas Range,Gas Water Heater,Tankless Water Heater,Wine Cooler
  • Laundry features: Electric Dryer Hookup,Sink,Main Level,Washer Hookup

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Features

  • 1st Bdrm En Suite,Breakfast Bar,Bookcases,Built-in Desk,Ceiling-9+,Cathedral Ceiling(s),Tray Ceiling(s),Ceiling Fan(s),Beamed Ceilings,Walk-In Closet(s),Stone Counters,Eat-in Kitchen,Entrance Foyer,Soaking Tub,Kitchen Island,Open Floorplan,Pantry,Split Br Floor Plan,Double Vanity,Stand Up Shower,Tub/Shower Combination,Main Level Bedroom Suite,Great Room,Custom Cabinetry
  • Door features: Pocket Doors
  • Window features: Blinds
  • Flooring: Hardwood,Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Gas Log
  • Fireplace: Yes
  • Attic: Walk-up
  • Finished area below ground: 0
  • Finished area above ground: 4,254

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,254
  • Total interior livable area: 4,254 sqft

Kitchen

  • Level: Main
  • Area: 210

Living Room

  • Level: Main
  • Area: 396

Office

  • Level: Main
  • Area: 143

Property

Details

  • Parcel number: 871216402016.000019

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Porch Covered
  • Exterior features: Irrigation System
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 0.51 Acres
  • Features: Level,Landscaped,Near Walking Trail
  • Lot size dimensions: 105x210

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Aggregate
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather
Cold Wave
Earthquake
Hail
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $5,992$71,904
Home Insurance *$679$8,148
Property Taxes $671$8,052
Electricity $389$4,679
Total$7,731$92,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,062/yr
40% on housing$231,930/yr
45% on housing$206,160/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 47630$166
Warrick County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 47630$158
Warrick County$143

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

DateEventPrice
2026-02-03Listed for sale$1,187,000
2025-12-23Listing removed$1,189,900
2025-11-28Price change$1,189,900
2025-08-07Listed for sale$1,200,000
2025-07-03Pending sale$1,200,000
2025-06-28Listed for sale$1,200,000

New Construction

AgentCarolyn S McClintock
BrokerageF.C. TUCKER EMGE

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