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(SOLD) $162,250

000 Bourne Road Lancaster, KY  40444

Property Description for 000 Bourne Road Lancaster, KY 40444

LIVE ON-SITE ABSOLUTE AUCTION SEPTEMBER 21, 2023 6:00PM: 73.5 acres +/-(being sold by boundary) cattle farm with good perimeter fence, automatic waterers, barn, small pond, abundant wildlife and GORGEOUS VIEWS! Property is subject to existing solar panel lease. AUCTION PREVIEW SEPTEMBER 12, 2023 3-5PM. ***PRICE LISTED IS NOT A STARTING PRICE OR RESERVE, JUST AN ESTIMATE FOR MLS PURPOSES ONLY. 10% DOWN REQUIRED DAY OF SALE. 10% BUYERS PREMIUM WILL BE ADDED TO FINAL BID. CLOSING TO BE ON OR BEFORE 30 DAYS FROM AUCTION END. CORNERSTONE REALTY AND AUCTION IS OFFERING 2% BROKER PARTICIPATION FEE FOR ANY AGENT THAT BRINGS A BUYER, IF ATTACHED FORM IS COMPLETED AND REQUIREMENTS MET WITHIN 48 HOURS OF AUCTION ENDING.

Address:000 Bourne Road Lancaster KY 40444
Status:Sold
Sold On: 10/23/2023
Price:$220,000
Bathrooms:0
Lot Size:73.50
County: Garrard
MLS #:23016840
Property Type:Farm

Lot Dimensions:3201660
Directions:From public square in Lancaster head west on HWY 52. Turn left onto Bourne Road. Property is at the end of the road with for sale sign.

Loan Price
$914
Price And Interest $846/month
Property Tax $0/month
MTG INS $0/month
HOME INS $68/month
Price
$162,250
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$816 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 023 - Garrard County
Subdivision: Rural
Zip Code:40444

High School:Garrard Co

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Deonica Asbery with Cornerstone Realty & Auction

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lancaster, KY Market Report

96
Avg. DOM
$ 389,000
Med. List Price

The house prices in Lancaster are indeed dropping at the moment. There has been a decrease in price of $86,364.21. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lancaster are going Down. The average house price is $389,000.00 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 453 houses, with 59 with active status, 21 with pending status and 373 sold in Lancaster .

The most popular place to buy a home in Lancaster is 023 - Garrard County. 023 - Garrard County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lancaster .

The average amount of property taxes you would have to pay for a home in Lancaster is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lancaster are staying listed for an average of 84 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lancaster was 1650 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Lancaster is $1,100,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lancaster is $57,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lancaster in year 1786 and the newest built house is in year 9999.

The average size of properties in Lancaster is 0 sq.ft. , the biggest one being 0 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.