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514 Iowa Ave, Louisville, KY, 40208

$85,000

Home List Price

$1,009*

Closing Credit

1 Bedroom
1 Full Bath
832 SqFt
$102/SqFt
House

Location

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514 Iowa Ave, Louisville$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet
Year Built1910
HeatingForced Air
CoolingCentral Air
MLS #1676923
Lot Size0.07 Acres
StatusActive

About 514 Iowa Ave

Investor Special! This 1-bedroom, 1-bath home is full of potential and perfectly located less than a mile from the University of Louisville and minutes from Churchill Downs. With the opportunity to convert it into a 2-bedroom, this property is ideal for a rental, Airbnb, or fix-and-flip project. Highlights include newer stainless steel appliances and a covered back porch. A little TLC can turn this into a fantastic investment opportunity. Property is being sold as-is. Don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: Keller Williams Realty- Louisville

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-65 S in Louisville, KY: Take Exit 132 for Crittenden Dr toward Fair/Expo Ctr Gates 2-3-4. Turn right onto Central Ave (1 mi), then right onto S 6th St (0.2 mi). Turn right onto Iowa Ave, then take the first right. Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $583
  • Tax Year: 2020
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Housing Market Comparison

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

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Louisville, KY

City

Med. Sold Price

$254.8K

Med. Price/SqFt

$186

Avg. Days On Market

125

# of Sold Homes

653

514 Iowa Ave vs Louisville

1 DAY ON ROCKET

-124 Days

$85,000

-$169.8K Less

$102/SqFt

-$84 Less

KEY TAKEAWAY

This property is $169.8K less than the Median Sold Price and $84/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1676923

Listing Office:

  • Office Name: Keller Williams Realty- Louisville

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. 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: 12/20/2024, 4:21:04 PM 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$583$42,450
2019$569$42,450
2018$542$41,580
2017$542$41,580

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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.

Nearby Schools

school-card-donut-546498
2
/10

  • Frayser Elementary School

  • 1230 Larchmont Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-546499
1
/10

  • Semple Elementary School

  • 724 Denmark St

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-546500
1
/10

  • McFerran Elementary School

  • 1900 S 7th St

  • 1.07 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 $32,951. The majority of Louisville, KY residents have income less than $35k annually. Most families are single, no kids. 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 514 Iowa Ave

What is the listing price of this property?

The listing price of 514 Iowa Ave property is $85,000.

What type of property is this?

The property 514 Iowa Ave is a house located in Louisville, Kentucky, 40208.

Is this property for sale now?

Active Listing: 514 Iowa Ave 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 $583 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 Iowa Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 514 Iowa Ave is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Iowa Ave is 1910.

Rocket Homes›Kentucky›Jefferson County›Louisville›40208›514 Iowa Ave

This home is located at 514 Iowa Ave in Louisville, KY and zip code 40208 in the South Louisville neighborhood. This 832 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $85,000.

While more than 183 listings in Louisville, KY in November 2024 were sold above asking price, there were more than 190 listings sold at asking price, and more than 280 were sold below. In November 2024 in Louisville, KY there were 3.1% less homes for sale than in October 2024. In November 2024 median list price was $254,840 and the average listing age was 125 days.

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

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