$225,000

51 Rayburn Ln Olive Hill, KY 41164

Estimated payment $1,212/month

3 Beds
1.5 Baths
3,416 Sq Ft
$66 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Wood Burning Stove
  • No HOA
  • Central Air

About This Home

Welcome to 51 Rayburn Lane! Nestled on approximately five beautiful acres, this property offers the perfect setting for those looking for space to spread out and enjoy country living. The land features fenced fields and creek frontage with a constant water source, making it ideal for horses, cattle, or other livestock. The home offers three bedrooms, one full bathroom, and an additional half bath in the basement, providing both comfort and convenience. With 1,960 square feet of living space and an additional 1,456 square foot basement, there is plenty of room for storage, hobbies, or future expansion. Whether you are looking for a small farm, a peaceful rural retreat, or simply a place with room to grow, this property offers endless potential.

Listing Agent

Meleah Roe

HomeLand Real Estate Inc License #299114 Listed on: 03/05/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Vinyl Fence
  • Wire Fence

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Stove
  • Storage In Attic
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Tygart Creek Elementary School
  • West Carter Middle School
  • West Carter High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Rural Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1960.0
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Fencing:Wire: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Concrete, Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1456.0
  • Fireplace: No
  • LivingArea: 3416.0
  • Lot Size Area: 5.0
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Fencing: Wire
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 225000.0
  • Patio And Porch Features: Porch, Front Porch
  • Pool Private: No
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Carport: No
  • Garage: No

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Wood Stove
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tygart Creek
  • High School: West Carter
  • Middle or Junior School: West Carter

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $672 $78,360 $0 $0
2023 $517 $60,000 $0 $0
2022 $519 $60,000 $0 $0
2021 $529 $60,000 $0 $0
2020 $531 $60,000 $5,000 $55,000
2019 $529 $60,000 $5,000 $55,000
2018 $529 $60,000 $5,000 $55,000
2017 $0 $60,000 $5,000 $55,000
2016 $1,255 $60,000 $5,000 $55,000
2015 $1,225 $149,400 $5,000 $144,400
2014 $431 $52,500 $5,000 $47,500
2011 $423 $52,500 $5,000 $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2026 03/05/26 For Sale $225,000 +275.0% $66 / Sq Ft
05/25/2016 05/25/16 Sold $60,000 -- $32 / Sq Ft View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $60,000 Us Title
Commissioners Deed $149,400 None Available
Quit Claim Deed $525,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Commercial
Source: Public Records

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 26004074

ImagineMLS (Bluegrass REALTORS®)

APN: 022-00-00-047.01

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