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$175,000

1495 HWY 1016 Berea, KY  40403

  • 3 Beds
  • 1 Baths

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Property Description for 1495 HWY 1016 Berea, KY 40403

Discover the potential of this charming flip or fixer-upper nestled on a picturesque 1.36 acres in Berea. Conveniently located just off HWY 1016, this property boasts a small shed and a barn, offering ample storage and workspace opportunities. With its serene surroundings and close proximity to town, this home is a perfect investment for those looking to create their dream space while enjoying the beauty of rural living. Don't miss out on this unique opportunity! Home isn't livable in current condition. Property is zoned B2 commercial
QuickBuy option for home selling

Address:1495 HWY 1016 Berea KY 40403
Status:Active
on site: 7 days
Price:$175,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Year Built:9999
Lot Size:1.36
County: Madison
School System : Madison County - 8
MLS #:24023669
Property Type:Single Family Residence

Lot Dimensions:59242
Lot Features:0
Water Source:Public
Directions:I-75 to Exit 77, to Main Street into the Berea. Left on HWY 25, right on HWY 1016.
Abv. Grnd. Sq. Ft. :1,154
Sq. Ft. Source:Assessor

Loan Price
$986
Price And Interest $913/month
Property Tax $0/month
MTG INS $0/month
HOME INS $73/month
Price
$175,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Living Room Info Not Available
Kitchen Info Not Available

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Berea
Subdivision: Rural
Zip Code:40403

School System:Madison County - 8
High School:Madison So
Middle School:Foley
Elementary School:Silver Creek

Exterior Type:Aluminum Siding
Heat:None
Total Rooms:2
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 Terri Kelly and Delzie Kelly 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.





Berea, KY Market Report

84
Avg. DOM
$165.79
Avg. $ / Sq.Ft.
$ 259,900
Med. List Price

The house prices in Berea are indeed dropping at the moment. There has been a decrease in price of $995.02. 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 Berea are going Down. The average house price is $259,900.00 and the average price per square feet is $165.79 per square feet. At the moment, the amount of homes listed is exactly 947 houses, with 94 with active status, 44 with pending status and 809 sold in Berea .

The most popular place to buy a home in Berea 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 Berea .

The average amount of property taxes you would have to pay for a home in Berea 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 Berea are staying listed for an average of 76 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 Berea was 3537 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Berea is $829,000.00. 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 Berea is $65,000.00 . 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 Berea in year 1930 and the newest built house is in year 9999.

The average size of properties in Berea is 17.32 sq.ft. , the biggest one being 1628 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.