$135,000
SOLD FEB 24, 2023

454 Elm St Ludlow, KY 41016

2 Beds
2 Baths
2,739 Sq Ft
5,170 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

18% Below List Price

6 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Balcony
  • 2 Fireplaces
  • Neighborhood Views
  • 3-minute walk to Ludlow Memorial Park

About This Home

As of February 2023

Steps from Ludlow's Main Street sits this two-family property offering fantastic opportunity for the new owner. Separate gas/electric, window unit AC and full basement. Both units have long term tenants. With additional investment this building can blossom into a strong investment. Would make a fantastic owner-occupied building! Each unit currently rented for $600 with water/sanitation included. Ample notice is required prior to showing so please plan accordingly.

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 02/08/2023

Comey & Shepherd REALTORS

Last Buyer's Agent

Matt Perkins

Paragon Realty Partners License #193990

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,810

Lot Details

  • 5,170 Sq Ft Lot
  • Lot Dimensions are 32 x 110
  • Wood Fence
  • Private Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,739 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Neighborhood Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

  • Mary A. Goetz Elementary School
  • Ludlow Middle School
  • Ludlow High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 026-33-05-013.00

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,416
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,810

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.12
  • Lot Size: 32 x 110
  • Directions: From 71/75 follow Rt 8 to Ludlow turns into Elm Street. Property on the right before Adela.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Mary A. Goetz Elementary
  • Location Tax Legal Info:Middle or Junior School: Ludlow Middle School
  • Location Tax Legal Info:High School: Ludlow High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 32 x 110
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: DUKE
  • Utilities Gas Company: DUKE
  • Water Company: NKY WATER
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.1187
  • General Property Description:Living Area: 2739.0
  • General Property Description:Lot Size Square Feet: 5170.0
  • Location Tax Legal Info:Tax ID: 026-33-05-013.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 2
  • Fencing:Wood3: Yes
  • Foundation:Stone3: Yes
  • Laundry Features:In Basement: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Three Or More2: Yes
  • Financial Info:Water Sewer Expense: 1416.0
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer
  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas
  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Inoperable
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2739.0
  • Window Features: Wood Frames
  • Full Basement: Yes
  • Interior Features:Entrance Foyer2: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Inoperable: Yes

Exterior Features

  • View: Neighborhood
  • Fencing: Wood
  • Roof: Shingle
  • Lot Features: Near Public Transit
  • View: Yes
  • Construction Type: Brick
  • Exterior Features: Private Yard, Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Private Yard: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking Features:Off Street2: Yes
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 1416.0

Schools

  • Elementary School: Mary A. Goetz Elementary
  • Junior High Dist: Ludlow Indep
  • High School: Ludlow High
  • Middle Or Junior School: Ludlow Middle School

Lot Info

  • Lot Size Sq Ft: 5170.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14400.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 24, 2023
Sold by
Harmon Andrew and Harmon Dena
Bought by
Best Flip
Seller's Agent
Rebecca Weber
Comey & Shepherd REALTORS
Buyer's Agent
Matt Perkins
Paragon Realty Partners
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.29%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Roseberry Dorothy
Bought by
Harmon Andrew

Purchase Details

Closed on
Aug 25, 2011
Sold by
Bank Of America Merrill Lynch
Bought by
Roseberry Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2011
Sold by
Martin Gary M and Martin Bernice J
Bought by
Bank Of America Merrill Lynch
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 360 American Title
Warranty Deed $47,500 360 American Title Svcs Llc
Deed $18,500 Accutitle Agency Inc
Commissioners Deed $46,667 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 Construction
Previous Owner $18,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $379,900 -2.6% $139 / Sq Ft
05/29/2025 05/29/25 Price Changed $389,900 -2.5% $142 / Sq Ft
05/01/2025 05/01/25 For Sale $399,900 +196.2% $146 / Sq Ft
02/24/2023 02/24/23 Sold $135,000 -18.2% $49 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $165,000 -- $60 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $4,810 $370,000 $10,000 $360,000
2023 $1,457 $110,000 $10,000 $100,000
2022 $1,451 $110,000 $10,000 $100,000
2021 $736 $47,500 $10,000 $37,500
2020 $734 $47,500 $10,000 $37,500
2019 $730 $47,500 $10,000 $37,500
2018 $725 $47,500 $10,000 $37,500
2017 $716 $47,500 $10,000 $37,500
2015 $904 $65,000 $10,000 $55,000
2014 $869 $65,000 $10,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 611129

Northern Kentucky Multiple Listing Service

APN: 026-33-05-013.00