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(SOLD) $850,000

101 Ikabana Path Georgetown, KY  40324

Property Description for 101 Ikabana Path Georgetown, KY 40324

Prime location in rapidly developing area. Perfect site for hotel, retail, or restaurant. Located next to large parcel with plans for major retail development. Surrounding retail currently includes Wal-Mart, Kohl's, and Lowe's. Adjacent restaurants include McDonald's, Starbucks, Burger King, O'Charleys, Applebee's, Frisch's, Steak n Shake, Golden Corral, Ruby Tuesday, and Wendy's. Scott County, KY is one of the fastest growing areas in the South with a population increase of 29.7% during the Period from 2000 to 2006. The average household income for Scott County is $73,187. More than 450,000 people live within a 20 minute driving distance. Land for Sale, Build to Suit, Ground Lease Opportunities available

Address:101 Ikabana Path Georgetown KY 40324
Status:Sold
Sold On: 8/29/2018
Price:$950,000
Bathrooms:0
Lot Size:2.00
County: Scott
MLS #:1707790

Lot Dimensions:87120.08
Directions:Georgetown is located on I-75, approximately 10 miles north of Lexington, where I-75 and I-64 intersect, and is in the heart of the bluegrass. The outlot is at I-75 (Exit #126) and lies between the Wal-Mart Super Center, Lowe' s, and Kohl' s.

Loan Price
$4,788
Price And Interest $4,434/month
Property Tax $0/month
MTG INS $0/month
HOME INS $354/month
Price
$850,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 005 - Scott County
Subdivision: Commercial
Zip Code:40324

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 W Stephen Howard with Keller Williams Bluegrass Realty

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.





Georgetown, KY Market Report

204
Avg. DOM
$169.09
Avg. $ / Sq.Ft.
$ 407,967
Med. List Price

The house prices in Georgetown are indeed dropping at the moment. There has been a decrease in price of $29,494.00. 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 Georgetown are going Down. The average house price is $406,967.50 and the average price per square feet is $148.90 per square feet. At the moment, the amount of homes listed is exactly 877 houses, with 252 with active status, 163 with pending status and 462 sold in Georgetown .

The most popular place to buy a home in Georgetown is 005 - Scott County. 005 - Scott 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 Georgetown .

The average amount of property taxes you would have to pay for a home in Georgetown 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 Georgetown are staying listed for an average of 93 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 Georgetown was 3339 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Georgetown is $3,200,000.00. 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 Georgetown is $94,500.00 . 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 Georgetown in year 1867 and the newest built house is in year 9999.

The average size of properties in Georgetown is 29.98 sq.ft. , the biggest one being 3320 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.