NOT LISTED FOR SALE

907 Ormsby Ln Louisville, KY 40242

Estimated Value: $394,000 - $422,000

5 Acres
$80,785 Price per Acre
217,800 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $350,000 $608 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,425/month

4 Days on Market

About This Lot

As of April 2022

APPROXIMATELY 5 acres in the heart of Lyndon primed for development. Adjoining 8 acres sold for over 1 million last year. This property would make a great small retirement home or several home sites. Beautiful flat treed parcel ready for many possibilities. Small cottage on property is sold as is and has little to no value and is occupied so please do not drive back without an appointment Per MSD the only section of the property that is in the flood plain is the front right corner near the road. any structures built on the property should be well out of the Flood Plain. See photo of lojic map and MSD info in documents

Last Agent to Sell the Property

Karen Fox

RE/MAX Properties East Brokerage Phone: 502-639-9899 License #182201 Listed on: 02/26/2019

RE/MAX Properties East

Last Buyer's Agent

Jason Farabee

Lenihan Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Lot Dimensions are 218x960
  • Septic System

Community Details

  • No Home Owners Association
  • Lyndon Subdivision

Listing and Financial Details

  • Legal Lot and Block 0058 / 0021
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Lot Dimensions: 218X960
  • Property Sub Type: Residential Land
  • Property Type: Land/Lots
  • Attribution Contact: 502-639-9899
  • Co List Office Phone: 502-425-6000
  • Subdivision Name: LYNDON
  • Special Features: VirtualTour

Exterior Features

  • Acres: 5.0

Utilities

  • Utilities: Septic System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • Zoning Description: Other - See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0021
  • Tax Lot: 0058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Apr 29, 2022
Sold by
Reed Jr John C
Bought by
Meridian Construction Llc
Seller's Agent
Karen Fox
RE/MAX Properties East
Buyer's Agent
Jason Farabee
Lenihan Sotheby's Int'l Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$403,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,925
Avg. Annual Appreciation
3.90%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meridian Construction Llc $350,000 Limestone Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $350,000 -6.7% $608 / Sq Ft
02/25/2019 02/25/19 For Sale $375,000 -- $651 / Sq Ft
Source: Metro Search, Inc.

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
2025 $3,941 $350,000 $350,000 $0
2024 $3,903 $350,000 $350,000 $0
2023 $4,018 $350,000 $350,000 $0
2022 $2,992 $276,900 $232,790 $44,110
2021 $3,447 $276,900 $232,790 $44,110
2020 $3,204 $276,900 $232,790 $44,110
2019 $3,139 $276,900 $232,790 $44,110
2018 $274 $276,900 $232,790 $44,110
2017 $2,906 $276,900 $232,790 $44,110
2013 $1,349 $134,850 $106,080 $28,770
Source: Public Records

Agents Affiliated with this Home

  • Karen Fox

    Seller's Agent in 2022

    Karen Fox

    RE/MAX

    (502) 639-9897

    6 in this area

    118 Total Sales

    Karen Fox
    Section Image

  • J

    Buyer's Agent in 2022

    Jason Farabee

    Lenihan Sotheby's Int'l Realty

See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1525376

Metro Search, Inc.

APN: 002100580000

Kentucky Jefferson County Louisville 40242

907 Ormsby Ln, Louisville, KY

Not Listed for Sale

Lots

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