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(SOLD) $230,000

5175 Colby Road Winchester, KY  40391

Property Description for 5175 Colby Road Winchester, KY 40391

Awesome mini farm or dream home site with over 11 acres! Just inside the Clark County/Winchester line with easy access to Hamburg and just 10 minutes from Lexington. Water, electric and gas available. Fully fenced and secure gated access. Electronic gate has a code box for entrance and exit. Plenty of frontage as well as a large portion of the property at the back. Lots of cleared land and some rolling hills. There's a perfect spot for your dream home at the front on the hill or at the back with some trees. The large barn with hayloft, tack room and stalls. Barn has water and electric, as does the property itself. Heated water for the animals inside the barn as well as out on the property. Different fenced portions of the property to close animals in one field or another. Farm equipment/tractor, goats and other items in the barn negotiable with the right offer. Don't miss out on this! They aren't making more land! Call now for your showing. Be sure to check out the aerial photos.

Address:5175 Colby Road Winchester KY 40391
Status:Sold
Sold On: 10/30/2020
Price:$230,000
Bathrooms:0
Lot Size:11.41
County: Clark
School System : Clark County - 7
MLS #:20020996
Property Type:Farm

Lot Dimensions:497020.06
Water Source:Public
Directions:From Lexington- take Todds Road oe you may take 60E and turn on 1927E ( Combs Ferry Road ) Turn lefts on Todds at Old Pine Grove. Lot will be on the left in Clark County. From Winchester- take Colby Road (it will be on the right.
Sq. Ft. Source:Assessor

Loan Price
$1,296
Price And Interest $1,200/month
Property Tax $0/month
MTG INS $0/month
HOME INS $96/month
Price
$230,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,152 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 007 - Clark County
Subdivision: Rural
Zip Code:40391

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 Miranda Hinchman with ERA Select Real Estate

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.





Winchester, KY Market Report

91
Avg. DOM
$191.85
Avg. $ / Sq.Ft.
$ 315,000
Med. List Price

The house prices in Winchester are indeed dropping at the moment. There has been a decrease in price of $21,204.14. 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 Winchester are going Down. The average house price is $309,500.00 and the average price per square feet is $191.85 per square feet. At the moment, the amount of homes listed is exactly 1096 houses, with 96 with active status, 33 with pending status and 967 sold in Winchester .

The most popular place to buy a home in Winchester is 007 - Clark County. 007 - Clark 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 Winchester .

The average amount of property taxes you would have to pay for a home in Winchester 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 Winchester are staying listed for an average of 68 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 Winchester was 1671 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Winchester is $3,500,000.00. 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 Winchester is $59,000.00 . 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 Winchester in year 1814 and the newest built house is in year 9999.

The average size of properties in Winchester is 80.81 sq.ft. , the biggest one being 2643 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.