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(SOLD) $195,000

545 Phelps Road Richmond, KY  40475

  • 3 Beds
  • 2 Baths

Property Description for 545 Phelps Road Richmond, KY 40475

Welcome to your country home! This house sits in northern Madison County on 1.695 acres. It's 3 bedrooms with 2 full bathrooms and it's been updated with the farmhouse charm. This home has an open kitchen, living room combo where the ceilings are tall, making the space feel even more spacious. The kitchen features stainless steel appliances, butcher block countertops and a separate dining area. There is also a potential office area or mud room situated at the back entrance. Outside you will be able to enjoy country views, a huge deck that wraps around the majority of the house. Part of the deck is covered while part is open allowing you to soak in the sunshine. There is a circular, blacktop driveway and a carport that gives you plenty of parking. There is also barn for additional storage. You are going to love the views here!
QuickBuy option for home selling

Address:545 Phelps Road Richmond KY 40475
Status:Sold
Sold On: 5/20/2022
Price:$180,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Year Built:1996
Lot Size:1.70
County: Madison
School System : Madison County - 8
MLS #:22007274
Property Type:Single Family Residence

Lot Dimensions:73834
Water Source:Public
Directions:From Love's Travel Stop travel north toward KY-627. Turn right onto KY-627 N and go 1.4 miles. Turn right onto State Hwy 3377/Lost Fork Rd and travel 2.8 miles. Turn left onto KY-388 for 2.1 miles. Turn right onto Stoney Run Rd and go 1.4 miles. Turn left onto Phelps Road, the property will be on the right in 1.7 miles.
Abv. Grnd. Sq. Ft. :1,229
Sq. Ft. Source:Public Records

Loan Price
$1,098
Price And Interest $1,017/month
Property Tax $0/month
MTG INS $0/month
HOME INS $81/month
Price
$195,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$972 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

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

Mandatory HOA Fee:$

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

School System:Madison County - 8
High School:Madison Central
Middle School:Michael Caudill
Elementary School:Glenn Marshall

Interior Features:Primary First Floor, Walk-In Closet(s), Dining Area, Bedroom First Floor, Ceiling Fan(s)
Equipment:Barn(s)
Exterior Type:Vinyl Siding
Cool:Electric, Heat Pump
Heat:Heat Pump, Electric
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 545 Phelps Road Richmond, KY  40475


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Listing provided courtesy of Tiffani Casey and Michelle Begley 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.



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 1780 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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