Discover 122 acres of rolling beauty in the heart of Shelby County, KY. This remarkable property boasts breathtaking views and endless potential for income and enjoyment. A cozy small home sits on the property, perfect for an Airbnb rental or guest quarters. The land is thoughtfully divided into 5 separately fenced pastures, each equipped with run-in sheds, making it an ideal setup for equestrian enthusiasts. Equipped for a working horse farm, the property includes a spacious 4,620 sq ft horse barn with 9 stalls, ensuring ample space for horses. Additionally, two large equipment sheds (64x40 and 70x47) provide convenient storage for farming tools and equipment.
Property Details
Property Features
Listing Office:
Office Name: Torrey Smith Realty Co., LLC
Lot Features
Lot Information:
Lot: Cleared, Level, Rolling/Hilly, Survey Available
Lot Size: 122.22 Acres
Other
Directions Information:
Directions: I64 to exit 43. Hwy 395 for 4.3 miles. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,575,000
Tax Information:
Annual Amount: $1,216
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,928
Per Month
Principal & Interest
$7,861
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
$4,788
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
Heritage Elementary School
8300 Frankfort Rd
Distance between this listing and this school4.39 miles
Public District Grades KG-5
3
/10
Wright Elementary School
500 Rocket Ln
Distance between this listing and this school5.74 miles
Public District Grades KG-5
2
/10
Clear Creek Elementary School
279 Chapel Hl
Distance between this listing and this school7.97 miles
Public District Grades KG-5
Nearby Schools
4
/10
Shelby County East Middle School
600 Rocket Ln
Distance between this listing and this school5.74 miles
Public District Grades 6-8
2
/10
Shelby County West Middle School
100 Warriors Way
Distance between this listing and this school8.79 miles
Public District Grades 6-8
4
/10
Bondurant Middle School
Bondurant Dr
Distance between this listing and this school10.57 miles
Public District Grades 6-8
Nearby Schools
2
/10
Shelby County High School
1701 Frankfort Rd
Distance between this listing and this school5.91 miles
Public District Grades 9-12
6
/10
Western Hills High School
100 Doctors Dr
Distance between this listing and this school10.61 miles
Public District Grades 9-12
4
/10
Martha Layne Collins High School
801 Discovery Blvd
Distance between this listing and this school10.71 miles
The neighbors living near this home have an average income of $75,000. The most common annual income of people living in Shelby County, KY is between $35k-100k. Residents typically live in married, no kids family. 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 4373 Elmburg Rd
What is the listing price of this property?
The listing price of 4373 Elmburg Rd property is $1,575,000.
What type of property is this?
The property 4373 Elmburg Rd is land located in Bagdad, Kentucky, 40003.
Is this property for sale now?
Active Listing: 4373 Elmburg Rd 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 $1,216 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 7, 2020 for $900,000. (source: MLS/tax record).
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 4373 Elmburg Rd in Bagdad, KY and zip code 40003. This home sits on a 122.22 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,575,000.
While more than 2 listings in Shelby County, KY in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 20 were sold below. Between October 2024 and November 2024, Shelby County, KY real estate market has seen increase in the number of listings by 0.6%. The median list price of listings available in November 2024 was $313,199, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.