Welcome to this beautiful 1.5-story full brick home, perfectly situated on a spacious half-acre lot overlooking the lake in the desirable Lakeridge Crossing neighborhood. With 5 bedrooms, 4.5 baths, a large bonus room, and a finished walk-out basement, this home offers ample space, modern amenities, and breathtaking views. As you step inside, you're greeted by a grand entryway that leads to a formal dining room on the left and a large office on the right. The heart of the home is the expansive great room, which flows seamlessly into the breakfast nook and the chef’s kitchen. The kitchen is a dream with granite countertops, a large island, abundant cabinetry, and BRAND NEW STAINLESS APPLIANCES. Sliding glass doors lead to a spacious deck, offering a perfect spot to take in the serene lake views and overlook the in-ground saltwater pool (now open and ready for use)—a fantastic setting for entertaining! The main-level primary suite is a true retreat, featuring a private en-suite bath and a generous walk-in closet. Upstairs, you'll find additional bedrooms and a bonus room, while the finished walk-out basement offers a large rec room, a fifth bedroom, and a full bath. The basement opens to a covered patio at pool level, providing additional outdoor enjoyment. With poured concrete walls, the basement also boasts a spacious unfinished area for storage. This home is complete with a three-car garage and offers 3,816 sq. ft. of finished living space above grade, plus 1385 sq. ft. of finished space in the basement. Don't miss the chance to own this lakefront beauty in one of the area's most sought-after neighborhoods!
Closed
$665,000
1988 Waters Ridge Dr, Newburgh, IN 47630
5beds
5,201sqft
Single Family Residence
Built in 2001
0.55 Acres Lot
$681,000 Zestimate®
$--/sqft
$4,839 Estimated rent
Home value
$681,000
$599,000 - $776,000
$4,839/mo
Zestimate® history
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List your homeWhat's special
Private en-suite bathIn-ground saltwater poolOverlooking the lakeSpacious deckFinished walk-out basementExpansive great roomMain-level primary suite
Zillow last checked:
Listing updated:
Listed by:
Jerrod W Eagleson Cell:812-305-2732,
KELLER WILLIAMS CAPITAL REALTY,
Christina Traweek,
KELLER WILLIAMS CAPITAL REALTY
Bought with:
Marc Hoeppner, RB15001036
@properties
Source: IRMLS,MLS#: 202510706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Living room
- Level: Main
- Area: 300
- Dimensions: 20 x 15
Office
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Heating
- Natural Gas, Conventional, Forced Air, High Efficiency Furnace
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Electric, Oven-Built-In, Gas Water Heater, Water Softener Owned
Features
- Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s), Countertops-Solid Surf, Crown Molding, Entrance Foyer, Kitchen Island, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Formal Dining Room
- Flooring: Hardwood, Carpet, Tile, Ceramic Tile
- Windows: Double Pane Windows, Window Treatments
- Basement: Walk-Out Access,Finished,Unfinished,Concrete
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 5,919
- Total interior livable area: 5,201 sqft
- Finished area above ground: 3,816
- Finished area below ground: 1,385
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Aggregate
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Covered
- Pool features: In Ground
- Has view: Yes
- Waterfront features: Waterfront, Lake, Deck on Waterfront, Lake Front
Lot
- Size: 0.55 Acres
- Features: Rolling Slope, Rural Subdivision, Landscaped
Details
- Parcel number: 871213204333.000019
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt,Shingle,Dimensional Shingles
Condition
- New construction: No
- Year built: 2001
Details
- Warranty included: Yes
Utilities & green energy
- Gas: CenterPoint Energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lakeridge Crossing
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Newburgh
Financial & listing details
- Tax assessed value: $622,900
- Annual tax amount: $4,667
- Date on market: 4/1/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $665,000-2.9% |
Source:  IRMLS #202510706 Report a problem | ||
| 7/25/2025 | Pending sale | $685,000 |
Source: IRMLS #202510706 Report a problem | ||
| 7/25/2025 | Listed for sale | $685,000 |
Source: IRMLS #202510706 Report a problem | ||
| 6/26/2025 | Pending sale | $685,000 |
Source: IRMLS #202510706 Report a problem | ||
| 6/21/2025 | Price change | $685,000-6.2% |
Source: IRMLS #202510706 Report a problem | ||
| 5/6/2025 | Price change | $729,900-2.7% |
Source: IRMLS #202510706 Report a problem | ||
| 4/1/2025 | Listed for sale | $749,900 |
Source: IRMLS #202510706 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,801 +4.1% | $622,900 +6.7% |
| 2024 | $4,614 +1.5% | $583,700 +4.4% |
| 2023 | $4,545 +12.5% | $559,300 +6.8% |
| 2022 | $4,039 +4.7% | $523,700 +19.2% |
| 2021 | $3,859 -3.4% | $439,500 +7% |
| 2020 | $3,993 +4.9% | $410,700 -3.1% |
| 2019 | $3,807 +3.9% | $424,000 +4.3% |
| 2018 | $3,663 -0.1% | $406,600 +2.9% |
| 2017 | $3,667 +1.5% | $395,100 -0.5% |
| 2016 | $3,613 +3.5% | $397,100 +0.3% |
| 2014 | $3,491 +6.1% | $396,000 +3.4% |
| 2013 | $3,291 +0.5% | $382,800 +2.2% |
| 2012 | $3,273 -3.1% | $374,400 -1.2% |
| 2011 | $3,376 +2% | $379,100 |
| 2010 | $3,312 +9.1% | $379,100 +6.1% |
| 2009 | $3,036 +5.7% | $357,200 +0.7% |
| 2007 | $2,871 -28.5% | $354,700 +4.4% |
| 2006 | $4,014 | $339,700 +6.2% |
| 2005 | -- | $320,000 |
Find assessor info on the county website
Neighborhood: 47630
Nearby homes
- $535,8003 bd2 ba2.8k sqft1966 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $712,0005 bd3 ba2.9k sqft2000 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $574,1004 bd4 ba3.2k sqft1999 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $503,2005 bd2 ba3.5k sqft1977 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $695,0004 bd4 ba3.9k sqft1944 Waters Ridge Dr, Newburgh, IN 47630Sold
- $506,4004 bd3 ba2.8k sqft2011 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $557,7005 bd3 ba2.1k sqft2022 Waters Ridge Dr, Newburgh, IN 47630Off Market
- $474,2004 bd3 ba2.9k sqft1955 Waters Ridge Dr, Newburgh, IN 47630Off Market
Nearby schools
GreatSchools rating
- 9/10John High Castle Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 10/10Castle North Middle SchoolGrades: 6-8Distance: 1.1 mi
- 9/10Castle High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Castle
- Middle: Castle North
- High: Castle
- District: Warrick County School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Warrick County
- Newburgh
- 47630
- 1988 Waters Ridge Dr
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