Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 2-bedroom, 1-bathroom single family at 9866 Oak Grove Road in Newburgh, IN is listed for $2,493,750 ($2,155 per sqft). Built in 1945, the home offers 1,157 sqft of living space on a 19.55 acres lot.

Agent Description

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.

Key Features

  • Built in 1945
  • 19.55 acre lot

Property Details

1 story
1 full
1945

Amenities

Basement

Monthly Cost Estimate

$13,337/mo

20% down · 6.5% · 30 years

Principal$1,804
Interest$10,806
Insurance$727

Estimates only. Actual payments may vary.

Location

9866 Oak Grove Road

Newburgh, IN 47630-7933

None

Features & Amenities

Exterior Features

None

Property Details

Parking

GarageGarage - Detached

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 9866 Oak Grove Road is listed at $2,493,750 ($2,155/sqft). The estimated monthly payment is $10,806 based on 20% down at 6.5% interest.

Key features include: Built in 1945, 19.55 acre lot. Exterior Features: None.

This property is listed by Shannon Kendle and can be reached at 8129374486 or shannonkendle@keyassociates.com.

SK

Shannon Kendle

Agent at Key Associates Signature Realty

(812) 937-4486

Listed by Key Associates Signature Realty · View on Broker Site

MLS# 202445899· Source: listhub· Updated 495 days ago

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9866 Oak Grove Road, Newburgh, IN 47630-7933

Open this listing in: