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$4,000,000 ↓$500,000on 2/16/2024

1581 Poosey Ridge Road Richmond, KY  40475

  • 1,882 sq. Ft

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Property Description for 1581 Poosey Ridge Road Richmond, KY 40475

This is a spectacular rural retreat located only 5 minutes from town, restaurants, shopping, interstate, etc. Scenic vistas including frontage on Silver Creek with a covered bridge! Additional land available and housing available.
QuickBuy option for home selling

Address:1581 Poosey Ridge Road Richmond KY 40475
Status:Active
on site: 264 days
Price:$4,000,000
Bathrooms:0
Sq. Feet:1,882
Lot Size:645.00
County: Madison
MLS #:23016160
Property Type:Farm

Lot Dimensions:28096200
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8
Zoning:AR
Building Utilities:Telephone
Water Source:Public, Creek(s), Lake(s), Pond(s), Spring(s)
Directions:Take I-75 to exit 87 (Barnes Mill Road). Turn West. Barnes Mill turns into Poosey Ridge Road. Farm is on the right.
Abv. Grnd. Sq. Ft. :1,882
Total Sq. Ft. :1,882

Loan Price
$22,533
Price And Interest $20,866/month
Property Tax $0/month
MTG INS $0/month
HOME INS $1,667/month
Price
$4,000,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$20,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/16/24 $4,500,000 $4,000,000 -11.1%

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Richmond
Subdivision: Rural
Zip Code:40475

Total Sq. Ft.:1,882
Heat:Heat Pump
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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Schools in 1581 Poosey Ridge Road Richmond, KY  40475


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Listing provided courtesy of F. Hill Parker and Jade Gonzalez with Turf Town Properties

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.



Richmond, KY Market Report

83
Avg. DOM
$158.04
Avg. $ / Sq.Ft.
$ 359,900
Med. List Price

The house prices in Richmond are not dropping at the moment. There has been a increase in price of $41,628.77. 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 Richmond are going Up. The average house price is $359,900.00 and the average price per square feet is $158.04 per square feet. At the moment, the amount of homes listed is exactly 1253 houses, with 122 with active status, 114 with pending status and 1017 sold in Richmond .

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

The average amount of property taxes you would have to pay for a home in Richmond 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 Richmond are staying listed for an average of 86 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 Richmond was 1699 minutes ago.

At the moment we have 14 open houses that you can visit.

The cost of the most expensive home in Richmond is $2,200,000.00. 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 Richmond is $90,000.00 . 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 Richmond in year 1959 and the newest built house is in year 9999.

The average size of properties in Richmond is 67.17 sq.ft. , the biggest one being 3445 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.

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