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$165,000 $14,900on 3/23/2023

109 N Cannon Dr Leitchfield, KY  42754

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Property Description for 109 N Cannon Dr Leitchfield, KY 42754

Welcome to 109 North Cannon Lane, located in the charming city of Leitchfield, KY. This quadplex is an excellent investment opportunity for those looking to add to their portfolio. The property features four one-bedroom and one-bathroom units, offering a comfortable living space for tenants. While the property needs a full rehab, this presents a great opportunity to force appreciation and increase the value of the property. This quadplex is a perfect candidate for the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method. Leitchfield is a thriving community known for its picturesque countryside. Located in the heart of Kentucky, Leitchfield is just a short drive away from popular destinations such as Mammoth Cave National Park and Rough River Dam State Resort Park.

Address:109 N Cannon Dr Leitchfield KY 42754
Status:Active
on site: 634 days
Price:$165,000
Bathrooms:0
Year Built:1950
Lot Size:0.08
County: Grayson
MLS #:1632714
Property Type:Quadplex

Lot Dimensions:3485
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, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42
Building Utilities:City Sewer, City Water, Electricity Connected
Directions:Turn right onto KY-259 N/S Main St.At the traffic circle, take the 3rd exit onto W Main Street Y/Owensboro Rd/Public Square.Turn right onto N Cannon Dr.

Loan Price
$930
Price And Interest $861/month
Property Tax $0/month
MTG INS $0/month
HOME INS $69/month
Price
$165,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$828 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/23/23 $179,900 $165,000 -8.3%

Mandatory HOA Fee:$

Area: 12-Other Counties
Subdivision: NONE
Zip Code:42754

Exterior Type:Brick
Cool:None
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 Rob Bergeron with Housing Associates

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.





Leitchfield, KY Market Report

382
Avg. DOM
$180.81
Avg. $ / Sq.Ft.
$ 259,900
Med. List Price

The house prices in Leitchfield are indeed dropping at the moment. There has been a decrease in price of $44,193.06. 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 Leitchfield are going Down. The average house price is $259,900.00 and the average price per square feet is $181.17 per square feet. At the moment, the amount of homes listed is exactly 253 houses, with 170 with active status, 15 with pending status and 68 sold in Leitchfield .

The most popular place to buy a home in Leitchfield is 12-Other Counties. 12-Other Counties 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 Leitchfield .

The average amount of property taxes you would have to pay for a home in Leitchfield 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 Leitchfield are staying listed for an average of 79 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 Leitchfield was 2814 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Leitchfield is $3,799,000.00. 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 Leitchfield is $34,950.00 . 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 Leitchfield in year 1973 and the newest built house is in year 2024.

The average size of properties in Leitchfield is 1875.95 sq.ft. , the biggest one being 4610 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.