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Sale Pending

416 Capital Ave, Frankfort, KY, 40601

$199,000

0.90 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #24015265
Lot Size0.90 Acres
StatusSale Pending
(Pending)

About 416 Capital Ave

Rare chance to own a piece of history with this nearly one-acre lot just steps from the state capitol building. Nestled in the heart of bourbon country, this once-in-a-lifetime opportunity offers proximity to shopping, restaurants, and the vibrant pulse of downtown. Imagine building your dream home in this iconic location!

Property Details

Property Features

Listing Office:

  • Office Name: Bluegrass Realty & Investments
  • Office Phone: (502) 352-2650

Lot Features

Lot Information:

  • Lot Size: 0.90 Acres

School Info

Assigned Schools Information:

  • Frankfort High School, Public District Grades 9-12
  • Second Street School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Property is at the corner of Capital Avenue and West Fourth Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $1,043
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$231K

Med. Price/SqFt

$136

Avg. Days On Market

36

# of Sold Homes

51

416 Capital Ave vs Frankfort

46 DAYS ON ROCKET

+10 Days

$199,000

-$32K Less

KEY TAKEAWAY

This property is $32K less than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015265

Listing Office:

  • Office Name: Bluegrass Realty & Investments
  • Office Phone: (502) 352-2650

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: 9/7/2024, 7:20:52 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

Jul 13, 2020Home Sold
$112,000
Aug 15, 2016Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,043$85,500
2018 - $85,500
2017$1,185$76,000

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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.

Middle School

school-card-donut-1081900
5
/10
  • Second Street School

  • 506 W 2nd St

  • 0.42 miles

  • Public District Grades KG-8

High School

school-card-donut-1081901
7
/10
  • Frankfort High School

  • 328 Shelby St

  • 0.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,613. The most common annual income of people living in Frankfort, KY is less than $35k. 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

Living In Frankfort, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Frankfort, KY.

Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.

What is it like to live in Frankfort, KY?

Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.

Is it easy to get around Frankfort, KY without a car?

The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.

Transportation in Frankfort, KY.

Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.

Frequently Asked Questions About 416 Capital Ave

What is the listing price of this property?

The listing price of 416 Capital Ave property is $199,000.

What type of property is this?

The property 416 Capital Ave is land located in Frankfort, Kentucky, 40601.

Is this property for sale now?

Sale Pending: 416 Capital Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 416 Capital Ave are:
Second Street School: GreatSchools Rating 5/10
Frankfort High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,043 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2020 for $112,000. (source: MLS/tax record).

How much acreage is this property?

The property 416 Capital Ave is 0.90 acres.
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Rocket HomesKentuckyFranklin CountyFrankfort40601416 Capital Ave

This home is located at 416 Capital Ave in Frankfort, KY and zip code 40601. This home sits on a 0.90 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $199,000.

Frankfort, KY housing market in August 2024 saw over 5 listings sold above listed price, more than 13 sold at listed price and over 33 sold below. In August 2024 in Frankfort, KY there were 5% more homes for sale than in July 2024. In August 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $231,000.

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

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