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(SOLD) $625,000

1024 Palmetto Drive Richmond, KY  40475

  • 4 Beds
  • 5 Baths

Property Description for 1024 Palmetto Drive Richmond, KY 40475

Welcome to your dream home! This stunning ranch-style residence offers the perfect blend of serene country living and modern amenities, nestled on a full acre that backs up to picturesque farmland. With both attached & detached 2-car garages, there's plenty of room for your vehicles, hobbies, & storage needs. Step inside to discover a beautifully renovated kitchen featuring white cabinets with soft-close doors and elegant quartz countertops. The bright and inviting great room, adorned with neutral paint and a cozy fireplace, is perfect for both relaxing and entertaining. The split bedroom floor plan ensures privacy, with a spacious primary suite that boasts a luxurious renovated bath and a walk-in closet complete with custom shelving. A bonus bedroom and full bath upstairs provide extra space for guests. The finished basement offers a large recreation area, an additional full bath, ample storage, and a dedicated home office—ideal for today's work-from-home lifestyle. Outside, the fenced backyard offers a peaceful retreat, where you can enjoy the open views of the adjacent farm. This property is a rare find, combining tranquility, space, and modern upgrades!
QuickBuy option for home selling

Address:1024 Palmetto Drive Richmond KY 40475
Status:Sold
Sold On: 9/17/2024
Price:$625,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Year Built:2003
Lot Size:1.08
County: Madison
School System : Madison County - 8
MLS #:24016975
Property Type:Single Family Residence

Lot Dimensions:47045
Water Source:Public
Directions:I-75 South to Exit 95. Right at end of ramp. Left at 4 way stop. Right on Clay Lane. Left on Jack's Creek. Left on Port Royal. Right on Palmetto.
Abv. Grnd. Sq. Ft. :4,736
Sq. Ft. Source:Public Records
Garage:

Loan Price
$3,520
Price And Interest $3,260/month
Property Tax $0/month
MTG INS $0/month
HOME INS $260/month
Price
$625,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Foyer Info Not Available
Kitchen Info Not Available
Dining Room Info Not Available
Great Room Info Not Available
Rec Room Info Not Available
Home Office Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$150
HOA Fee Includes:Common Area Maintenance

Area: 008 - Madison County
City:Richmond
Subdivision: Indigo Run
Zip Code:40475

School System:Madison County - 8
High School:Madison Central
Middle School:Madison Mid
Elementary School:White Hall

Interior Features:Primary First Floor, Walk-In Closet(s), Breakfast Bar, Dining Area, Bedroom First Floor, Entrance Foyer, Ceiling Fan(s)
Exterior Type:Brick Veneer
Heat:Heat Pump, Zoned
Total Rooms:7
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 Jenny Mateyoke with Keller Williams Legacy Group

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.





Richmond, KY Market Report

72
Avg. DOM
$163.18
Avg. $ / Sq.Ft.
$ 339,000
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $1,453.08. 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 Richmond are going Down. The average house price is $337,450.00 and the average price per square feet is $163.18 per square feet. At the moment, the amount of homes listed is exactly 1579 houses, with 198 with active status, 97 with pending status and 1284 sold in Richmond .

The most popular place to buy a home in Richmond is 008 - Madison County. 008 - Madison 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 Richmond .

The average amount of property taxes you would have to pay for a home in Richmond 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 Richmond are staying listed for an average of 83 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 Richmond was 2518 minutes ago.

At the moment we have 22 open houses that you can visit.

The cost of the most expensive home in Richmond is $1,895,000.00. 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 Richmond is $49,000.00 . 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 Richmond in year 1889 and the newest built house is in year 9999.

The average size of properties in Richmond is 62.55 sq.ft. , the biggest one being 3445 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.

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