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1156 Markwell Ln, Louisville, KY, 40219

$115,000

Home List Price

$1,366*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
825 SqFt
$139/SqFt
House

Location

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1156 Markwell Ln, Louisville$115,000

Buyer Closing Credits

$1,366*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff-Street Parking, Driveway
Year Built1926
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1675131
Lot Size0.15 Acres
StatusActive

About 1156 Markwell Ln

Nestled in a convenient location near Louisville's Outer Loop and Interstate 65, this affordable home offers the perfect opportunity for investors, and anyone seeking a long-term rental property. Featuring a cozy layout ideal for easy maintenance, this home has endless potential that will attract tenants looking for convenience and access to everything Louisville has to offer. The main living areas have abundant natural light and provide a comfortable setting for relaxation or entertaining. The home also boasts a large backyard, perfect for outdoor activities, gardening, or simply enjoying some fresh air. Location is key with this property! Just minutes away from major highways, shopping centers, restaurants, and schools, this home sits in a prime area that ensures a steady demand for rental properties. With its affordable price and promising rental income potential, this home is a great addition to any investment portfolio. Whether you're looking to buy your first property or expand your investment holdings, don't miss the chance to make this house your next opportunity! Please see the documents tab to access renovated comparable properties, deal information, and repair estimate.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 1
  • Living Area: 825 SqFt

Listing Office:

  • Office Name: RE/MAX Properties East

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 65S to N Fern Vallet Rd to KY-61S to right on Markwell Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000
  • Price Per SqFt: $139/SqFt

Tax Information:

  • Annual Amount: $636
  • Tax Year: 2020
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Housing Market Comparison

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

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Louisville, KY

City

Med. Sold Price

$252.6K

Med. Price/SqFt

$185

Avg. Days On Market

15

# of Sold Homes

750

1156 Markwell Ln vs Louisville

1 DAY ON ROCKET

-14 Days

$115,000

-$137.6K Less

$139/SqFt

-$47 Less

KEY TAKEAWAY

This property is $137.6K less than the Median Sold Price and $47/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1675131

Listing Office:

  • Office Name: RE/MAX Properties East

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. 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: 11/18/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$636$54,020
2019$585$54,020
2018$512$48,770
2017$512$48,770

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-720209
4
/10

  • Okolona Elementary School

  • 7606 Preston Hwy

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-720210
2
/10

  • Blake Elementary School

  • 3801 Bonaventure Blvd

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-720211
3
/10

  • Hartstern Elementary School

  • 5200 Morningside Way

  • 1.20 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 $42,804. Residents of Louisville, KY typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1156 Markwell Ln

What is the listing price of this property?

The listing price of 1156 Markwell Ln property is $115,000.

What type of property is this?

The property 1156 Markwell Ln is a house located in Louisville, Kentucky, 40219.

Is this property for sale now?

Active Listing: 1156 Markwell Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $636 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1156 Markwell Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1156 Markwell Ln is 825 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1156 Markwell Ln is 1926.

Rocket Homes›Kentucky›Jefferson County›Louisville›40219›1156 Markwell Ln

This home is located at 1156 Markwell Ln in Louisville, KY and zip code 40219 in the Okolona neighborhood. This 825 square foot home, which was built in 1926, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $115,000.

Louisville, KY housing market in October 2024 saw over 211 listings sold above listed price, more than 193 sold at listed price and over 346 sold below. The inventory of homes for sale in Louisville, KY between September 2024 and October 2024 increased by 6.9%. The median list price of listings available in October 2024 was $252,697, while the average time on the real estate market was 15 days.

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

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