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(SOLD) $125,000

171 Herndon Lane Berea, KY  40403

Property Description for 171 Herndon Lane Berea, KY 40403

This expansive 19.17 acre lot presents a rare opportunity to build your dream estate amidst the natural beauty of the surrounding landscape. Situated along the rear is picturesque creek that adds a serene ambiance to the property. With approximately 9 flat acres nestled at the back, there's ample space for realizing your vision, whether it's building your dream home, cultivating a sprawling garden or simply enjoying the open space. Adding to the allure, a sturdy fence lines the front of the property, providing both security & a touch of charm. Convenience is paramount, with water already hooked up and electric & sewer readily available at the road, facilitating a smooth transition for your building plans. Herndon Lane enjoys a reputation as a coveted address, boasting a neighborhood where quality homes have recently been constructed, enhancing the desirability & investment potential of this location. The proximity to Duncannon Lane offers swift access to I75, ensuring effortless connectivity to nearby amenities, schools, and employment centers. Call today to set up a showing!
QuickBuy option for home selling

Address:171 Herndon Lane Berea KY 40403
Status:Sold
Sold On: 7/12/2024
Price:$149,900
Bathrooms:0
Lot Size:19.17
County: Madison
School System : Madison County - 8
MLS #:24010980
Property Type:Farm

Lot Dimensions:835045
Directions:From I-75 take Duncannon, take US 25 to Herndon Lane on Left. Property is on left.
Sq. Ft. Source:Public Records

Loan Price
$704
Price And Interest $652/month
Property Tax $0/month
MTG INS $0/month
HOME INS $52/month
Price
$125,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

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

School System:Madison County - 8
High School:Madison So
Middle School:Farristown
Elementary School:Shannon Johnson

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 Devin Ramsey with Berkshire Hathaway HomeServices Foster Realtors

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

88
Avg. DOM
$165.79
Avg. $ / Sq.Ft.
$ 266,950
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 1861 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.