35 Wallace Cemetery Ln Gilbertsville, KY 42044
Estimated payment $489/month
About This Lot
This is a gorgeous double lot property located near the lake. Unfortunately, the house was taken by the tornado in December 2021. ALL UTILITIES HAVE BEEN CHECKED AND HAVE BEEN IN USE ON AN RV. There are two access points to the property and it is located on a dead-end road giving it a more private feel. The property had the foundation for an attached and detached garage making it perfect for a tiny home!! A structural engineer has approved walls being built to finish out the basement. The double lot means you can have two homes built or split it up! You will be able to enjoy the private lake that is apart of the subdivision. Do not miss the perfect investment opportunity in a PRIME lake location!!
Property Details
Property Type
- Land
Est. Annual Taxes
- $555
Lot Details
- 1.72 Acre Lot
- Street terminates at a dead end
Outdoor Features
- Lake Property
Utilities
- Property is located within a water district
- Septic System
Listing and Financial Details
- Tax Lot 40 and 41
Map
Home Values in the Area
Average Home Value in this Area
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 | $555 | $30,500 | $30,500 | $0 |
| 2023 | $186 | $18,000 | $18,000 | $0 |
| 2022 | $355 | $18,000 | $18,000 | $0 |
| 2021 | $2,001 | $168,500 | $18,000 | $150,500 |
| 2020 | $1,813 | $150,000 | $15,000 | $135,000 |
| 2019 | $1,813 | $150,000 | $15,000 | $135,000 |
| 2018 | $1,821 | $150,000 | $15,000 | $135,000 |
| 2017 | $1,822 | $150,000 | $15,000 | $135,000 |
| 2016 | $1,825 | $150,000 | $15,000 | $135,000 |
| 2015 | $1,835 | $150,000 | $15,000 | $135,000 |
| 2014 | $1,204 | $144,476 | $0 | $0 |
| 2010 | -- | $140,076 | $13,500 | $126,576 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $80,000 | +44.1% | -- |
| 06/12/2023 06/12/23 | Sold | $55,500 | -13.3% | -- |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 02/26/2023 02/26/23 | Price Changed | $64,000 | -1.5% | -- |
| 01/17/2023 01/17/23 | For Sale | $65,000 | -64.6% | -- |
| 10/19/2020 10/19/20 | Sold | $183,500 | -0.8% | $67 / Sq Ft |
| 08/30/2020 08/30/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | For Sale | $184,900 | +12.1% | $68 / Sq Ft |
| 06/17/2016 06/17/16 | Sold | $165,000 | -10.3% | $68 / Sq Ft |
| 05/06/2016 05/06/16 | Pending | -- | -- | -- |
| 01/26/2016 01/26/16 | For Sale | $184,000 | +11.5% | $76 / Sq Ft |
| 08/14/2014 08/14/14 | Sold | $165,000 | -4.3% | $68 / Sq Ft |
| 07/13/2014 07/13/14 | Pending | -- | -- | -- |
| 06/27/2014 06/27/14 | For Sale | $172,500 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $183,500 | None Available | |
| Quit Claim Deed | $24,502 | None Available | |
| Deed | $165,000 | None Available | |
| Warranty Deed | $165,000 | Bridge Trust Title Group |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,325 | New Conventional | |
| Previous Owner | $123,119 | Commercial | |
| Previous Owner | $127,915 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $156,750 | New Conventional |
Source: Western Kentucky Regional MLS
MLS Number: 131878
APN: 62-0D-00-041.000000
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