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$215,832 $42,151on 7/16/2024

1225 Arcade Ave Louisville, KY  40215

  • 2 Beds
  • 3 Baths
  • 2,800 sq. Ft

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Property Description for 1225 Arcade Ave Louisville, KY 40215

Unique property located a half mile from Churchill Downs. Many possibilities! Live upstairs and run a business downstairs! Or this could be a great investment property. The main floor consists of 2 store fronts with 2 separate entrances. Each side has office/workshop space and a half bath. Upstairs is a spacious 2 bedroom, 1 bath apartment with entrances inside and outside the building. Fully fenced lot provides security and plenty of parking. (there are also parking spaces in the front of the building) The fenced lot also has a large storage shed. Centrally located and close to expressways. Lots of porential!

Address:1225 Arcade Ave Louisville KY 40215
Status:Active
on site: 276 days
Price:$215,832
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 2 Half Baths
Sq. Feet:2,800
Year Built:1950
Lot Size:0.13
County: Jefferson
MLS #:1654864
Property Type:Single Family Residence

Lot Dimensions:5600
Lot Features:0
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24
Building Utilities:Public Sewer, Public Water
Directions:Taylor Blvd to Arcade Ave
Abv. Grnd. Sq. Ft. :2,800
Total Sq. Ft. :2,800

Loan Price
$1,216
Price And Interest $1,126/month
Property Tax $0/month
MTG INS $0/month
HOME INS $90/month
Price
$215,832
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,080 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
07/16/24 $257,983 $215,832 -16.3%

RoomSizeLevel
Dining Area Second
Kitchen Second
Primary Bedroom Second
Bedroom Second
Living Room Second
Full Bathroom Second
Office First
Other First
Other First
Half Bathroom First
Half Bathroom First

Mandatory HOA Fee:$

Area: 01-Dtwn Old Louisville/Shively/West Lou
Subdivision: NONE
Zip Code:40215

Total Sq. Ft.:2,800
Exterior Type:Block
Cool:Central Air
Heat:Natural Gas
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jamie Spaulding with United Real Estate Louisville

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.





Louisville, KY Market Report

359
Avg. DOM
$240.42
Avg. $ / Sq.Ft.
$ 285,000
Med. List Price

The house prices in Louisville are indeed dropping at the moment. There has been a decrease in price of $4,586.29. 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 Louisville are going Down. The average house price is $285,000.00 and the average price per square feet is $242.49 per square feet. At the moment, the amount of homes listed is exactly 14176 houses, with 6667 with active status, 1273 with pending status and 6236 sold in Louisville .

The most popular place to buy a home in Louisville is 01-Dtwn Old Louisville/Shively/West Lou. 01-Dtwn Old Louisville/Shively/West Lou 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 Louisville .

The average amount of property taxes you would have to pay for a home in Louisville 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 Louisville are staying listed for an average of 58 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 Louisville was 1167 minutes ago.

At the moment we have 82 open houses that you can visit.

The cost of the most expensive home in Louisville is $10,000,000.00. 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 Louisville is $1.00 . 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 Louisville in year 1 and the newest built house is in year 9999.

The average size of properties in Louisville is 2092.97 sq.ft. , the biggest one being 39000 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.