3 months on rocket

1027-1029 Main St, Shelbyville, KY, 40065

$659,000

Home List Price

$7,826*

Closing Credit

4 Bedrooms
4 Full Baths
House

Location

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1027-1029 Main St, Shelbyville$659,000

Buyer Closing Credits

$7,826*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1950
HeatingNatural Gas, Heat Pump
CoolingHeat Pump
BasementYes
MLS #24017989
Lot Size0.12 Acres
StatusActive

About 1027-1029 Main St

This is your chance to purchase a successful turn-key short-term rental in the heart of the Kentucky Bourbon Trail. The stunning 2 story duplex has been completely remodeled with high-end furnishings and features a spacious layout with plenty of room for guests to relax and unwind. Guests will enjoy amenities such as high-speed internet, fresh linens and towels, in-suite laundry facilities, and off-street parking. This unit also comes completely furnished with over $50,000 in furnishings, ensuring that guests have everything they need to feel at home during their stay.In addition to the exceptional features & amenities this investment opportunity is also perfect for a 1031 Buyer. With gross income over the last 12 months of $83K, this investment is sure to deliver a strong return. There are opportunities for an experienced operator to increase gross revenue significantly by implementing small improvements such as a level 2 EV charger for guests or expanding the rear deck to accommodate a hot tub. Implementing a robust marketing strategy, dynamic pricing adjustments and offering a direct booking option can also boost the anticipated revenue.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 544-6175

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Washer, Refrigerator, Range, Microwave, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Eat-in Kitchen, Primary First Floor, Bedroom First Floor, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: 1027-1029 Main Street Shelbyville KY

Price Information

Listing Price Info

Price Summary:

  • List Price: $659,000
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Housing Market Comparison

See how this home compares to others in Shelbyville, KY.

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Shelbyville, KY

City

Med. Sold Price

$309.9K

Med. Price/SqFt

$181

Avg. Days On Market

20

# of Sold Homes

23

1027-1029 Main St vs Shelbyville

98 DAYS ON ROCKET

+78 Days

$659,000

+$349K More

KEY TAKEAWAY

This property is $349K more than the Median Sold Price in Shelbyville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017989

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 544-6175

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,042

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-59573
2
/10

  • Clear Creek Elementary School

  • 279 Chapel Hl

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-59574
2
/10

  • Southside Elementary School

  • 728 Ginkgo Dr

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-59575
3
/10

  • Wright Elementary School

  • 500 Rocket Ln

  • 1.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,500. The most common annual income of people living in Shelbyville, KY is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1027-1029 Main St

What is the listing price of this property?

The listing price of 1027-1029 Main St property is $659,000.

What type of property is this?

The property 1027-1029 Main St is a house located in Shelbyville, Kentucky, 40065.

Is this property for sale now?

Active Listing: 1027-1029 Main St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1027-1029 Main St has 4 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1027-1029 Main St is 1950.

Rocket Homes›Kentucky›Shelby County›Shelbyville›40065›1027-1029 Main St

This home is located at 1027-1029 Main St in Shelbyville, KY and zip code 40065. This home, which was built in 1950, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $659,000.

While more than 1 listings in Shelbyville, KY in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 18 were sold below. The number of homes for sale in Shelbyville, KY decreased by 2.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 20 days, the median list price was $309,976.

From Rocket Homes Real Estate and based on county public records data.

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