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(SOLD) $430,000

120 Shermans Lane Richmond, KY  40475

  • 4 Beds
  • 3 Baths

Property Description for 120 Shermans Lane Richmond, KY 40475

Location is a plus with this home close to Highway I-75 and you can be in Lexington within minutes. This clean well maintained home has 4 bedrooms and 3 full baths, with potential for a 5th bedroom in the basement. Large open living space makes it a wonderful home for entertaining and if that isn't enough you can step out onto the spacious deck to chill or grill. Updated kitchen with granite tops, island, stainless steel appliances and subway tile. Home has a gas range but there is already a 220 outlet installed if you ever want to change to an electric range. The attached two car garage has Epoxy floor for easy clean up. Talk about convenience this home has laundry facilities on both floors, on the main level and the walkout basement level. Full finished walkout Basement with large bonus room, full bath, 4th bedroom with room for a possible 5th bedroom, laundry, basement has lots of storage with work room and opens on to a large paved patio with storage shed. This home is a must see to appreciate all it has to offer in this beautiful neighborhood.
QuickBuy option for home selling

Address:120 Shermans Lane Richmond KY 40475
Status:Sold
Sold On: 6/4/2024
Price:$452,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Year Built:2008
Lot Size:0.28
County: Madison
School System : Madison County - 8
MLS #:24007577
Property Type:Single Family Residence

Lot Dimensions:12285
Water Source:Public
Directions:Exit 95 to Hwy 25 North to Shermans Lane home is on the left. Home is in Shiloh Crest.
Abv. Grnd. Sq. Ft. :2,850
Garage:

Loan Price
$2,422
Price And Interest $2,243/month
Property Tax $0/month
MTG INS $0/month
HOME INS $179/month
Price
$430,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,148 / 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
Foyer Info Not Available
Living Room Info Not Available
Dining Room Info Not Available
Kitchen Info Not Available
Home Office Info Not Available
Bonus Room Info Not Available

Mandatory HOA Fee:$250

Area: 008 - Madison County
City:Richmond
Subdivision: Shiloh Cove
Zip Code:40475

School System:Madison County - 8
High School:Madison Central
Middle School:Michael Caudill
Elementary School:Boonesboro

Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Dining Area, Bedroom First Floor, Entrance Foyer
Equipment:Storage Shed
Exterior Type:Vinyl Siding, Brick Veneer
Cool:Electric, Heat Pump
Heat:Heat Pump, Electric
Total Rooms:6
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 Deborah Rockey and Kathy Clark with CENTURY 21 Advantage 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.





Richmond, KY Market Report

106
Avg. DOM
$155.67
Avg. $ / Sq.Ft.
$ 328,900
Med. List Price

The house prices in Richmond are not dropping at the moment. There has been a increase in price of $23,479.79. 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 Up. The average house price is $325,000.00 and the average price per square feet is $158.35 per square feet. At the moment, the amount of homes listed is exactly 2336 houses, with 208 with active status, 103 with pending status and 2025 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 78 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 1247 minutes ago.

At the moment we have 24 open houses that you can visit.

The cost of the most expensive home in Richmond is $1,380,000.00. 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 $90,000.00 . 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 1950 and the newest built house is in year 9999.

The average size of properties in Richmond is 69.01 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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