116 Old Farm Rd Richmond, KY 40475
Estimated Value: $428,000 - $580,000
3
Beds
4
Baths
3,067
Sq Ft
$162/Sq Ft
Est. Value
About This Home
This home is located at 116 Old Farm Rd, Richmond, KY 40475 and is currently estimated at $495,440, approximately $161 per square foot. 116 Old Farm Rd is a home located in Madison County with nearby schools including Kit Carson Elementary School, Madison Middle School, and Madison Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2009
Sold by
Gabbard Earl L and Gabbard Lydia Carol
Bought by
Ledford Kenneth H and Ledford Julia A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$155,764
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$339,676
Purchase Details
Closed on
Apr 5, 2005
Sold by
Thomas Robert A and Thomas Tammy S
Bought by
Gabbard Earl L and Gabbard Lydia Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2005
Sold by
Thomas Robert A and Thomas Tammy S
Bought by
Gabbard Earl L and Gabbard Lydia Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ledford Kenneth H | $325,000 | Summit Title Services Llc | |
| Gabbard Earl L | $202,700 | None Available | |
| Gabbard Earl L | $202,700 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ledford Kenneth H | $260,000 | |
| Previous Owner | Gabbard Earl L | $34,200 | |
| Previous Owner | Gabbard Earl L | $62,700 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2024 | $2,909 | $350,000 | $0 | $0 |
| 2023 | $2,945 | $350,000 | $0 | $0 |
| 2022 | $3,011 | $350,000 | $0 | $0 |
| 2021 | $3,067 | $350,000 | $0 | $0 |
| 2020 | $3,143 | $350,000 | $0 | $0 |
| 2019 | $3,159 | $350,000 | $0 | $0 |
| 2018 | $2,921 | $325,000 | $0 | $0 |
| 2017 | $2,889 | $325,000 | $0 | $0 |
| 2016 | $2,873 | $325,000 | $0 | $0 |
| 2015 | $2,804 | $288,100 | $0 | $0 |
| 2014 | $2,785 | $325,000 | $0 | $0 |
| 2012 | $2,785 | $325,000 | $325,000 | $0 |
Source: Public Records
Map
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