1 month on rocket

197 Murphy Ln, Nicholasville, KY, 40356

$919,999

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

197 Murphy Ln, Nicholasville$919,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1996
HeatingForced Air
CoolingElectric
BasementYes
MLS #24004870
Lot Size5.00 Acres
StatusActive

About 197 Murphy Ln

This large ranch home on a fully finished basement sits on 5 beautiful acres. As you approach the home you are greeted with a large koi pond featuring a waterfall. Step inside you will notice a large tiled foyer that sets the tone for the entire house. The home has been freshly painted on the majority of the main level. The kitchen features granite counter tops. Crown molding,hardwood floors with light accents. The open great room has a trey ceiling with a fire place. There is a spacious formal living area, 4 large bedrooms, a second family room in the basement with a second fireplace including another kitchen and two bonus rooms. The primary bedroom has double closets as well as a walk in closet with a salon sink installed! The primary bathroom features a large walk in shower. Outback you will notice a large deck and fire pit. This is a great area for BBQs to entertain friends and family or just to relax after a long day by a cozy fire. This is just some of the amazing features this home has. There is a 7 stall barn with a tack room and loft, 2 Paddocks, and a large detached garage that has a RV sized garage door. Would be great for hobbies and storing outdoor equipment.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1996
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX Elite Lexington
  • Office Phone: (859) 245-1165

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Other, Tile
  • Interior: Bedroom First Floor, Ceiling Fan(s), Entrance Foyer, Primary First Floor, Security System Owned, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • West Jessamine High School, Public District Grades 9-12
  • West Jessamine Middle School, Public District Grades 6-8
  • Rosenwald Dunbar Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: Murphy Lane is Off of Highway 68 at the light that meets Wilmore Rd. Go straight until you come to a curve in the road. The property will be located on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $919,999

Tax Information:

  • Annual Amount: $4,049
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Nicholasville, KY.

Med. Sold Price

$320.5K

Med. Price/SqFt

$161

Avg. Days On Market

27

# of Sold Homes

26

197 Murphy Ln vs Nicholasville

33 DAYS ON ROCKET

+6 Days

$919,999

+$599.4K More

KEY TAKEAWAY

This property is $599.4K more than the Median Sold Price in Nicholasville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24004870

Listing Office:

  • Office Name: RE/MAX Elite Lexington
  • Office Phone: (859) 245-1165

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,049$360,000
2019$3,369$360,000
2018$3,370$360,000
2017$3,370$360,000

History based on county public records data.

Payment Calculator

$4,659

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,825

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-361901
5
/10
  • Rosenwald Dunbar Elementary School

  • 1500 Wilmore Rd

  • 2.10 miles

  • Public District Grades 1-5

Middle School

school-card-donut-361902
5
/10
  • West Jessamine Middle School

  • 1400 Wilmore Rd

  • 2.20 miles

  • Public District Grades 6-8

High School

school-card-donut-361903
7
/10
  • West Jessamine High School

  • 2101 Wilmore Rd

  • 1.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,356. Typical income of Nicholasville, KY residents is between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Nicholasville, KY

What type of housing is available in Nicholasville, KY?

The large proportion of single detached homes in the housing stock of Nicholasville is an important part of its character. Around 30% of properties in this city were built in the 1960s and 1970s, while many of the remaining buildings were built pre-1960 and in the 1980s. This part of the Lexington-Fayette metropolitan area offers mainly two bedroom and three bedroom homes. About 55% of the dwellings in the city are occupied by homeowners and 45% are rented.

Is Nicholasville, KY a good place to live?

Nicholasville is quiet, as there are low levels of noise from traffic - however some areas can be quite loud, especially closer to the railway line.

Are things conveniently located in Nicholasville, KY?

A fraction of house buyers in Nicholasville may be able to reach one of approximately 30 supermarkets on foot, while others will have to use another means of transportation. A limited number of restaurants and coffee shops can be found as well. In terms of education, residents may find it challenging to access high schools and primary schools as pedestrians.

What does the transportation in Nicholasville, KY look like?

Cars are an excellent transportation option in Nicholasville. It is especially convenient to park. It is inconvenient for people traveling on foot to move around in Nicholasville since most daily needs are impractical to carry out without the use of a car.

Powered by Local Logic

Frequently Asked Questions About 197 Murphy Ln

What is the listing price of this property?

The listing price of 197 Murphy Ln property is $919,999.

What type of property is this?

The property 197 Murphy Ln is a house located in Nicholasville, Kentucky, 40356.

Is this property for sale now?

Active Listing: 197 Murphy Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 197 Murphy Ln are:
Rosenwald Dunbar Elementary School: GreatSchools Rating 5/10
West Jessamine Middle School: GreatSchools Rating 5/10
West Jessamine High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,049 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 197 Murphy Ln has 4 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 197 Murphy Ln is 1996.

Rocket HomesKentuckyJessamine CountyNicholasville40356197 Murphy Ln

This home is located at 197 Murphy Ln in Nicholasville, KY and zip code 40356. This home, which was built in 1996, sits on a 5.00 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 17, 2024 and is currently priced at $919,999.

In March 2024, from all listings sold in Nicholasville, KY there were more than 4 sold above asking price, over 13 sold below and more than 9 were sold right at the asked price. Between February 2024 and March 2024, Nicholasville, KY real estate market has seen increase in the number of listings by 14.2%. The median list price of listings available in March 2024 was $320,523, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources