$228,000
SOLD APR 24, 2026

51 Rayburn Ln Olive Hill, KY 41164

3 Beds
1.5 Baths
3,416 Sq Ft
5 Acres Lot

Sale Details

Date Sold: April 24, 2026

$67 Per Sq Ft

1% Above List Price

Highlights

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

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Meleah Roe

HomeLand Real Estate Inc License #299114 Listed on: 03/24/2026

Last Buyer's Agent

Meleah Roe

HomeLand Real Estate Inc License #299114 Listed on: 03/24/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Vinyl 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
  • New Construction: No
  • 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

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Fencing: Wire
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 225000.0
  • Pool Private: No
  • Waterfront: No

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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2026
Closed on
Apr 24, 2026
Sold by
Bought by
Seller's Agent
Meleah Roe
HomeLand Real Estate Inc
Buyer's Agent
Meleah Roe
HomeLand Real Estate Inc
List Price
$225,000
Sold Price
$228,000
Premium/Discount to List
$3,000
1.33%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.17%
Original Mortgage
$223,870
Outstanding Balance
$223,656
Interest Rate
6.22%
Mortgage Type
FHA
Estimated Equity
-$825

Purchase Details

Closed on
Sep 1, 2016
Sold by
Bought by

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 25, 2016
Sold by
Bought by
Seller's Agent
Colleen Stark
HENSLEY REALTY COMPANY
Buyer's Agent
Mary-Dawn Selby
ADVANTAGE PLUS REALTY
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$75,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $228,000 Bluegrass Land Title
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $223,870 FHA
Previous Owner $75,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2026 04/24/26 Sold $228,000 +1.3% $67 / Sq Ft
03/24/2026 03/24/26 For Sale $225,000 0.0% $66 / Sq Ft
03/20/2026 03/20/26 Pending -- -- --
03/18/2026 03/18/26 For Sale $225,000 0.0% $66 / Sq Ft
03/08/2026 03/08/26 Pending -- -- --
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®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $668 $78,360 $0 $0
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

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 26004074

ImagineMLS (Bluegrass REALTORS®)

APN: 022-00-00-047.01

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