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Backup Offers

2565 Bank St, Louisville, KY, 40212

$40,000

Home List Price

$475*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2565 Bank St, Louisville$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1892
CoolingNone
MLS #1642492
StatusAccepting Backup Offers
(Active Under Contract)

About 2565 Bank St

This Queen Anne-style building was built on a prominent intersection around 1900 and spent much of its life as the Schweitzer Pharmacy. Please note, the interior is a shell and will require a complete build-out. This two-and-one-half-story commercial structure dominates the corner of 26th Street and Bank Street. The building's primary commercial facade faces Bank Street and has an entrance on the corner as well as toward the right side when viewed from Bank St. The corner side was built for retail, and the second door leads to more first-level space as well as upstairs living space. With many historic architectural details intact you'll notice a turret, multi-light gabled roof dormers, fish scale shingles, and a porch with an arched surround. This building is a great example of a late-nineteenth to early-twentieth century corner commercial store, designed with a store on the first floor and living quarters on the second and third floors. Many original architectural features are still present, including weatherboarding, door and window trim, and other details. The building is individually listed on the National Register of Historic Places. This means that the new owner can earn federal and state historic rehabilitation tax credits as they bring this building back to life. The credits amount to 20-30% for state credits and an additional 20% for federal. It is expected that the new owner will pursue these tax credits, and the non-profit "Vital Sites" can help navigate the tax credit application process for the new owner. Please use ShowingTime to schedule appointments. Please use caution when entering the building. Note that utilities are not on - bring a flashlight.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1892

Listing Office:

  • Office Name: Kentucky Select Properties

Exterior Features

Exterior Information:

  • Exterior: See Remarks

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • The Academy @ Shawnee, Public Magnet Grades 6-12
  • Brown School, Public District Grades KG-12
  • Western Middle School, Public District Grades 6-8
  • Westport Middle School, Public District Grades PK-8
  • Atkinson Academy, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-64 to 22nd street exit. Right on Portland Avenue. Left on 26th street. Left on Bank Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000

Tax Information:

  • Annual Amount: $301
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.1K

Med. Price/SqFt

$178

# of Sold Homes

701

2565 Bank St vs Louisville

267 DAYS ON ROCKET

$40,000

-$205.1K Less

KEY TAKEAWAY

This property is $205.1K less than the Median Sold Price in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1642492

Listing Office:

  • Office Name: Kentucky Select Properties

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. 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: 4/27/2024, 6:20:21 PM 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$301$21,940
2019$294$21,940
2018$469$36,000
2017$469$36,000

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-1493474
3
/10
  • Atkinson Academy

  • 2811 Duncan St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-1493475
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 3.24 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1493476
4
/10
  • Western Middle School

  • 2201 W Main St

  • 0.64 miles

  • Public District Grades 6-8

school-card-donut-1493477
3
/10
  • Westport Middle School

  • 8100 Westport Rd

  • 10.33 miles

  • Public District Grades PK-8

High School

school-card-donut-1493478
3
/10
  • The Academy @ Shawnee

  • 4018 W Market St

  • 1.43 miles

  • Public Magnet Grades 6-12

school-card-donut-1493479
8
/10
  • Brown School

  • 546 S 1st St

  • 2.45 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,519. Most Louisville, KY residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesKentuckyJefferson CountyLouisville402122565 Bank St

This home is located at 2565 Bank St in Louisville, KY and zip code 40212 in the Portland neighborhood. This home was built in 1892. It has been listed on Rocket Homes since August 04, 2023 and is currently priced at $40,000.

While more than 192 listings in Louisville, KY in March 2024 were sold above asking price, there were more than 192 listings sold at asking price, and more than 317 were sold below. The number of homes for sale in Louisville, KY increased by 6.7% between February 2024 and March 2024.

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

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