Seller's Agent in 2023
Michael Hale
Sell With Hale Realty & Auction
(859) 336-8488
274 Total Sales
100 Burchett Ln Springfield, KY 40069
Estimated Value: $326,000 - $968,871
3
Beds
1
Bath
1,632
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Farm
About This Home
As of February 2023Investment Opportunity in the Land of Lincoln! This beautiful farm has historically been used for cattle and agriculture. However, it has plenty of possibilities to be developed into an amazing subdivision! The farm borders Lincoln Homestead State Park & Golf Course and has stunning views over holes 3 & 4. There is plenty of road frontage along Burchett Lane for building lots and the remainder of the farm is ideal for mini-farms! It is currently fenced for livestock and could easily continue to be used as such. There is a handy pond on the property, a useful tobacco barn, and a good implement shed ready to be utilized. You also get the vinyl home featuring two bedrooms with a potential 3rd in the upstairs loft area that would make a great homestead or investment property! You get it all on 102.5+/- acres ready for its new owner!
Last Agent to Sell the Property
Sell With Hale Realty & Auction License #215602 Listed on: 10/17/2022
Last Buyer's Agent
Sell With Hale Realty & Auction License #215602 Listed on: 10/17/2022
Property Details
Property Type
- Other
Year Built
- Built in 1950
Lot Details
- 102.5
Parking
- Driveway
Home Design
- Farm
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,632 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Propane
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 16-048
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2022
Closed on
Feb 8, 2023
Sold by
Goatley Nancy Barr
Bought by
Durbin William Scott and Durbin Lindsey Rae
Seller's Agent
Michael Hale
Sell With Hale Realty & Auction
Buyer's Agent
Michael Hale
Sell With Hale Realty & Auction
List Price
$1,025,000
Sold Price
$822,500
Premium/Discount to List
-$202,500
-19.76%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$256,543
Avg. Annual Appreciation
-11.86%
Original Mortgage
$140,000
Outstanding Balance
$128,148
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$437,809
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Durbin William Scott | $822,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Durbin William Scott | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/08/2023 02/08/23 | Sold | $822,500 | -19.8% | $504 / Sq Ft |
| 12/19/2022 12/19/22 | Pending | -- | -- | -- |
| 10/17/2022 10/17/22 | For Sale | $1,025,000 | -- | $628 / Sq Ft |
Source: Metro Search, Inc.
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,031 | $517,200 | $0 | $0 |
| 2024 | $1,776 | $172,200 | $0 | $0 |
| 2023 | $1,083 | $104,300 | $0 | $0 |
| 2022 | $1,095 | $104,300 | $0 | $0 |
| 2021 | $1,110 | $104,300 | $0 | $0 |
| 2020 | $1,109 | $103,100 | $0 | $0 |
| 2019 | $1,032 | $95,100 | $0 | $0 |
| 2018 | $1,029 | $95,100 | $0 | $0 |
| 2017 | $1,020 | $95,100 | $29,100 | $66,000 |
| 2016 | $1,024 | $95,100 | $0 | $0 |
| 2015 | $991 | $88,100 | $29,100 | $59,000 |
| 2014 | $979 | $95,100 | $29,100 | $66,000 |
| 2010 | -- | $89,000 | $23,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Hale
Map
Source: Metro Search, Inc.
MLS Number: 1624321
APN: 16-048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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