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1268 Merman Dr, Lexington, KY, 40517

$239,900

Home List Price

$2,849*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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1268 Merman Dr, Lexington$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1966
HeatingNatural Gas, Forced Air
CoolingElectric
MLS #24020696
Lot Size0.27 Acres
StatusActive

About 1268 Merman Dr

Beautifully renovated ranch home offering 1685 sq. feet of well designed living space. The front porch welcomes you into this ranch with modern updates, classic charm, and spacious rooms filled with natural light. The kitchen is open and the living space is well designed. You'll love the fresh paint through out and new luxury vinyl flooring gives it a seamless look. Enjoy the private backyard that features a stunning mature tree providing ample shade, perfect to relax.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1966
  • Stories: 1

Listing Office:

  • Office Name: Kentucky Real Estate Group
  • Office Phone: (859) 421-5839

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range
  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen, Primary First Floor, Bedroom First Floor, Ceiling Fan(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Storm Door(s), Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Outbound Tates Creek Rd. turn left on Armstrong Mill, turn right Crosby Dr., and right on Merman. Home is down on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900

Tax Information:

  • Annual Amount: $976
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

1268 Merman Dr vs Lexington

47 DAYS ON ROCKET

+25 Days

$239,900

-$84.8K Less

KEY TAKEAWAY

This property is $84.8K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24020696

Listing Office:

  • Office Name: Kentucky Real Estate Group
  • Office Phone: (859) 421-5839

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: 11/18/2024, 2:20:54 AM 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$976$115,700
2019$976$115,700
2018$861$105,000

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-699096
2
/10
  • Millcreek Elementary School

  • 1212 Reva Ridge Way

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-699097
3
/10
  • Tates Creek Elementary School

  • 1113 Centre Pkwy

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-699098
7
/10
  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 1.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,778. The majority of Lexington, KY residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1268 Merman Dr

What is the listing price of this property?

The listing price of 1268 Merman Dr property is $239,900.

What type of property is this?

The property 1268 Merman Dr is a house located in Lexington, Kentucky, 40517.

Is this property for sale now?

Active Listing: 1268 Merman Dr 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 $976 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1268 Merman Dr has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1268 Merman Dr is 1966.

Rocket Homes›Kentucky›Fayette County›Lexington›40517›1268 Merman Dr

This home is located at 1268 Merman Dr in Lexington, KY and zip code 40517 in the District 8 neighborhood. This home, which was built in 1966, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $239,900.

In October 2024, from all listings sold in Lexington, KY there were more than 60 sold above asking price, over 160 sold below and more than 59 were sold right at the asked price. The number of listings in Lexington, KY increased by 1.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $324,770, while the average time on the real estate market was 22 days.

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

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