new - 2 days on rocket

415 Michigan St, Lexington, KY, 40508

$92,500

Home List Price

$1,098*

Closing Credit

1 Bedroom
1 Full Bath
House

Location

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415 Michigan St, Lexington$92,500

Buyer Closing Credits

$1,098*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingNatural Gas
CoolingElectric
MLS #24024092
Lot Size0.06 Acres
StatusActive

About 415 Michigan St

Investor alert! All brick exterior. Fully fenced yard front and back. Utility/storage building in the back yard. Newer vinyl replacement windows throughout. Tile in the kitchen and bathroom. Carpet in the living room, hall and bedroom. This one bedroom, brick ranch home near downtown was previously set up with two bedrooms. It would be a quick, easy remodel to restore it back to 2 bedrooms for a solid value add. Or do a quick cosmetic flip with paint and flooring to rent it out. Sold as-is, inspections welcome.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1

Listing Office:

  • Office Name: Mayca Property Solutions
  • Office Phone: (859) 667-3436

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Water Heater, Oven
  • Basement: No
  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: Georgetown outbound, left on Michigan. House on left. No sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $92,500

Tax Information:

  • Annual Amount: $278
  • Tax Year: 2020
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Housing Market Comparison

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

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Lexington, KY

City

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

415 Michigan St vs Lexington

2 DAYS ON ROCKET

-20 Days

$92,500

-$232.2K Less

KEY TAKEAWAY

This property is $232.2K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024092

Listing Office:

  • Office Name: Mayca Property Solutions
  • Office Phone: (859) 667-3436

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: 11/17/2024, 11:55:52 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 25, 2019Home Sold
$2,008,336
Apr 25, 2016Home Sold
$15,400

Tax History

YEARPROP. TAXASSESSMENT
2020$278$21,800
2019$278$21,800
2018$278$21,800

History based on county public records data.

Payment Calculator

$529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$344

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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-592276
2
/10

  • Booker T. Washington Elementary School

  • 707 Howard St

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-592277
1
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-592278
7
/10

  • Meadowthorpe Elementary School

  • 1710 N Forbes Rd

  • 1.42 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 $32,561. Typical income of Lexington, KY residents is less than $35k annually. Residents typically live in single, no kids family. 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 415 Michigan St

What is the listing price of this property?

The listing price of 415 Michigan St property is $92,500.

What type of property is this?

The property 415 Michigan St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Active Listing: 415 Michigan St 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 $278 (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 25, 2019 for $2,008,336. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 415 Michigan St has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 415 Michigan St is 1920.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›415 Michigan St

This home is located at 415 Michigan St in Lexington, KY and zip code 40508 in the District 2 neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $92,500.

In October 2024 more than 60 listings in Lexington, KY were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 160 were sold below. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. Listings spent 22 days on the market in October 2024, and had a median list price of $324,770 during the same period.

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

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