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Wallace Park Home for Sale

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    $299,900

    • 2 Beds
    • 2 Baths
    • 1,728 Sq Ft

    405 Minerva Place, Paducah, KY 42001

    Charming home Midtown. This move-in ready home has 2 bedrooms, 2 baths, gorgeous hard wood flooring, 2 fireplaces, fenced in back yard, 2 car garage and wonderful Kitchen with a wall of floor to ceiling cabinets. The basement is large and unfinished and full of opportunity. Fantastic corner lot with a multilevel deck.

    Mary Buchanan Elite Realty

    405 Minerva Place, Paducah, KY 42001

Why Live in Wallace Park

Wallace Park in Paducah features a diverse mix of single-family homes, including renovated ranch-style houses from the 1940s and 50s, Colonial Revival-style houses from the 1920s and 30s, and New Traditional-style houses from the 1920s and 1990s. The neighborhood's large yards, often shaded by old-growth trees, provide ample space for outdoor gatherings. Residents enjoy a variety of dining options within walking distance, such as Mellow Mushroom, Pipers Tea & Coffee, and Dry Ground Brewing Company. For groceries, Midtown Market is conveniently located nearby. Independence Park, with its dog park and picnic areas, and Paxton Park Golf Course, less than half a mile away, offer recreational opportunities. Paducah's annual BBQ on the River festival and the McCracken County Fair at Carson Park are popular local events. The neighborhood is safer than the national average, contributing to its appeal. Key educational institutions include Clark Elementary School, Lone Oak Middle School, and Paducah Tilghman High School, all highly rated. Murray State University's Paducah campus is also located on the western side of Wallace Park. While the neighborhood lacks direct public transportation, it is situated 3 miles from downtown Paducah and 142 miles from Nashville International Airport.

Frequently Asked Questions

Is Wallace Park a good place to live?
Wallace Park is a good place to live. Wallace Park is considered somewhat walkable and somewhat bikeable. Wallace Park has 5 parks for recreational activities. It has a median age of 45. The average household income is $138,202 which is above the national average. College graduates make up 69.7% of residents. A majority of residents in Wallace Park are home owners, with 12.8% of residents renting and 87.2% of residents owning their home. A local real estate agent serving Wallace Park can help you decide if this neighborhood is the right one for you. Learn more on our Wallace Park neighborhood guide.
Is Wallace Park, KY a safe neighborhood?
Wallace Park, KY is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Wallace Park?
The median home price in Wallace Park is $295,000. If you put a 20% down payment of $59,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Wallace Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Wallace Park is $138K.
What are the best public schools in Wallace Park?
The best public schools that serve Wallace Park are:
What are the best private schools in Wallace Park?
The best private schools that serve Wallace Park are:
  • St. Mary School System has an A- Niche grade, a student teacher ratio of 9:1 and an average review score of 4.2.
What are the most popular zip codes in Wallace Park, Paducah, KY?
The most popular zip codes in Wallace Park, Paducah, KY include 42001, 42003, 62910, 42086 and 62960.
What are the most popular neighborhoods near Wallace Park, Paducah, KY?
The most popular neighborhoods near Wallace Park, Paducah, KY are Country Club, Deer Lick Place, Tennessee-Cornell, Clayshire and Gutherie.

Home Trends in Wallace Park, KY

Housing Trends

Median Sale Price
$272,500
Median Single Family Sale Price
$299,900
Average Price Per Sq Ft
$134
Number of Homes for Sale
1
Last 12 months Home Sales
18
Months of Supply
0.70
Median List Price
$295,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
1%
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