5 months on rocket

1240 Lipps Ln, Louisville, KY, 40219

$22,500

0.21 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
MLS #1660278
Lot Size0.21 Acres
StatusActive

About 1240 Lipps Ln

Land Available; Cleared; Corner; Developed Lot; Flat lot For sale: next lot. See MLS for 5501 & 5503 Schooler Ave. Louisville, KY 40219. Seller would like to sell all lots together. Buyer to verify all information.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Louisville East

Lot Features

Lot Information:

  • Lot: Corner Lot, Cleared, Level
  • Lot Size: 0.21 Acres

School Info

Assigned Schools Information:

  • Southern High School, Public District Grades 9-12
  • Brown School, Public District Grades KG-12
  • Thomas Jefferson Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Okolona Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: outer loop to schooler, right on lipps

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,500

Tax Information:

  • Annual Amount: $69
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$250K

Med. Price/SqFt

$184

Avg. Days On Market

17

# of Sold Homes

699

1240 Lipps Ln vs Louisville

176 DAYS ON ROCKET

+159 Days

$22,500

-$227.5K Less

KEY TAKEAWAY

This property is $227.5K less than the Median Sold Price 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: #1660278

Listing Office:

  • Office Name: Keller Williams Louisville 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: 10/31/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 30, 2020Home Sold
$45,000
Sep 11, 2008Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2020$69$5,890
2019$63$5,890
2018$62$5,890
2017$62$5,890

History based on county public records data.

Payment Calculator

$180

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$134

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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.

Elementary School

school-card-donut-798604
4
/10
  • Okolona Elementary School

  • 7606 Preston Hwy

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-798605
4
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 8.08 miles

  • Public District Grades KG-5

Middle School

school-card-donut-798606
1
/10
  • Thomas Jefferson Middle School

  • 1501 Rangeland Rd

  • 1.79 miles

  • Public District Grades 6-8

school-card-donut-798607
3
/10
  • Western Middle School

  • 2201 W Main St

  • 9.84 miles

  • Public District Grades 6-8

High School

school-card-donut-798608
2
/10
  • Southern High School

  • 8620 Preston Hwy

  • 1.20 miles

  • Public District Grades 9-12

school-card-donut-798609
10
/10
  • Brown School

  • 546 S 1st St

  • 8.25 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,034. Typical income of Louisville, KY residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Lipps Ln

What is the listing price of this property?

The listing price of 1240 Lipps Ln property is $22,500.

What type of property is this?

The property 1240 Lipps Ln is land located in Louisville, Kentucky, 40219.

Is this property for sale now?

Active Listing: 1240 Lipps Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 Lipps Ln are:
Okolona Elementary School: GreatSchools Rating 4/10
Lincoln Elementary Performing Arts: GreatSchools Rating 4/10
Thomas Jefferson Middle School: GreatSchools Rating 1/10
Western Middle School: GreatSchools Rating 3/10
Southern High School: GreatSchools Rating 2/10
Brown School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $69 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 30, 2020 for $45,000. (source: MLS/tax record).

How much acreage is this property?

The property 1240 Lipps Ln is 0.21 acres.
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Rocket HomesKentuckyJefferson CountyLouisville402191240 Lipps Ln

This home is located at 1240 Lipps Ln in Louisville, KY and zip code 40219 in the Okolona neighborhood. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $22,500.

In September 2024, from all listings sold in Louisville, KY there were more than 182 sold above asking price, over 335 sold below and more than 182 were sold right at the asked price. The number of listings in Louisville, KY increased by 0.3% between August 2024 and September 2024. The median list price of listings available in September 2024 was $250,051, while the average time on the real estate market was 17 days.

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

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