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9866 Oak Grove Rd, Newburgh, IN, 47630

2beds
1baths
1,157sqft
$2,493,750
$2,155price/sqft
$17,498/moest. monthly cost
$699,920/yrincome needed

About This Home

This outstanding 19.55-acre property is positioned within one of Newburgh’s most rapidly expanding development corridors and includes a small 2-bed home on site, though the primary value is in the land and location. While offered separately, the seller is fully open to combining the parcel with the adjacent 19.48 acres at 0 Oak Grove Rd, providing the opportunity to acquire nearly 40 contiguous acres for commercial, medical, multi-family, or mixed-use development. The property features Evansville Silt Loam soil, previously completed soil testing, and roadway improvements already in place from Phase 1 of the road-widening project. The home is currently served by a mound septic system, and sanitary sewer access is available at Epworth Road with extension required. The location offers quick access to I-69, the East Side, and downtown Newburgh, providing strong visibility, excellent development potential, and flexible future rezoning options, making it ideal for investors or developers seeking a large-scale project in a high-demand corridor.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
9/10
Castle High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,157

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,314
  • Total interior livable area: 1,157 sqft

Property

Details

  • Parcel number: 871217400020.000019

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 19.55 Acres
  • Features: Level
  • Lot size dimensions: 331x2573

Parking

  • Total spaces: 3
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3