Just minutes from town, check out this wonderful opportunity to purchase a buildable lot in the heart of Miller Branch! Recently surveyed, this 12.01 acre tract includes a gorgeous potential homesite and stunning mountain land as well. This property has been surveyed off of a larger tract of land and will require an access point to be constructed across the branch. Current owner is willing to offer a temporary easement while access is developed. Please refer to survey for boundary lines. Showing by agent appointment only.
Property Details
Property Features
Listing Office:
Office Name: Highland Heritage Realty
Office Phone: (606) 727-5319
Lot Features
Lot Information:
Lot Size: 12.01 Acres
Other
Directions Information:
Directions: From Barbourville,Take 25 E 3.9 miles to KY-1304Turn Left onto KY-1304Drive 1.5 MilesTurn left onto Miller Branch RoadProperty will be on left in 0.5 miles
Price Information
Listing Price Info
Price Summary:
List Price: $55,750
Tax Information:
Annual Amount: $35
Tax Year: 2018
What can I afford?
Understand what home price range makes sense for your budget.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$346
Per Month
Principal & Interest
$279
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$234
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Girdler Elementary School
Highway 11 North
Distance between this listing and this school2.92 miles
Public District Grades KG-6
6
/10
Central Elementary School
1000 KY 3439
Distance between this listing and this school3.01 miles
Public District Grades PK-6
8
/10
Jesse D Lay Elementary School
220 N Allison Ave
Distance between this listing and this school3.33 miles
Public District Grades PK-6
Nearby Schools
6
/10
Knox County Middle School
311 N Main St
Distance between this listing and this school3.85 miles
Public District Grades 7-8
3
/10
Lone Jack School Center
101 Creech Hollow Road
Distance between this listing and this school8.77 miles
Public District Grades PK-8
10
/10
Corbin Middle School
50 Ed McNeel Dr
Distance between this listing and this school14.50 miles
Public District Grades 6-8
Nearby Schools
2
/10
Knox Central High School
100 Panther Way
Distance between this listing and this school1.98 miles
Public District Grades 9-12
8
/10
Barbourville City School
140 School St
Distance between this listing and this school3.87 miles
Public District Grades PK-12
5
/10
Pineville Independent School
401 W Virginia Ave
Distance between this listing and this school11.81 miles
The neighbors living near this home have an average income of $24,069. Typical income of Knox County, KY residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 397 Miller Branch Rd
What is the listing price of this property?
The listing price of 397 Miller Branch Rd property is $55,750.
What type of property is this?
The property 397 Miller Branch Rd is land located in Bimble, Kentucky, 40915.
Is this property for sale now?
Accepting Backup Offers: 397 Miller Branch Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2018 is $35 (source: MLS/based on county public records data).
How much acreage is this property?
The property 397 Miller Branch Rd is 12.01 acres.
Interested in 397 Miller Branch Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 397 Miller Branch Rd in Bimble, KY and zip code 40915. This home sits on a 12.01 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $55,750.
In October 2024, from all listings sold in Knox County, KY there were more than 1 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. The number of listings in Knox County, KY decreased by 6.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $139,900, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.