3 months on rocket

Sale Pending

1225 Arcade Ave, Louisville, KY, 40215

$257,983

Home List Price

$3,064*

Closing Credit

2 Bedrooms
1 Full Bath, 2 Partial
2,800 SqFt
$92/SqFt
House
Schools Nearby

Location

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1225 Arcade Ave, Louisville$257,983

Buyer Closing Credits

$3,064*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff-Street Parking, Entry Front, Entry Rear
Year Built1950
HeatingNatural Gas
CoolingCentral Air
ViewSee Remarks
MLS #1654864
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 1225 Arcade Ave

Unique property located a half mile from Churchill Downs. Many possibilities! Live upstairs and run a business downstairs! Or this could be a great investment property. The main floor consists of 2 store fronts with 2 separate entrances. Each side has office/workshop space and a half bath. Upstairs is a spacious 2 bedroom, 1 bath apartment with entrances inside and outside the building. Fully fenced lot provides security and plenty of parking. (there are also parking spaces in the front of the building) The fenced lot also has a large storage shed. Centrally located and close to expressways. Lots of porential!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: United Real Estate Louisville

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: See Remarks

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking, Entry Front, Entry Rear

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Iroquois High School, Public Magnet Grades 9-12
  • Brown School, Public District Grades KG-12
  • Western Middle School, Public District Grades 6-8
  • Lassiter Middle School, Public District Grades 6-8
  • Jacob Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Taylor Blvd to Arcade Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $257,983
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $1,474
  • Tax Year: 2020
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Housing Market Comparison

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

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Louisville, KY

City

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

1225 Arcade Ave vs Louisville

102 DAYS ON ROCKET

+84 Days

$257,983

+$11.9K More

$92/SqFt

-$88 Less

KEY TAKEAWAY

This property is $11.9K more than the Median Sold Price and $88/SqFt less than other homes 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: #1654864

Listing Office:

  • Office Name: United Real Estate Louisville

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: 5/31/2024, 9:20:38 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$1,474$107,250
2019$1,438$107,250
2018$1,427$109,510
2017$1,427$109,510

History based on county public records data.

Payment Calculator

$1,355

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$840

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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-5824847
1
/10

  • Jacob Elementary School

  • 3701 E Wheatmore Dr

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-5824848
4
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 4.34 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5824849
3
/10

  • Western Middle School

  • 2201 W Main St

  • 4.01 miles

  • Public District Grades 6-8

school-card-donut-5824850
1
/10

  • Lassiter Middle School

  • 8200 Candleworth Dr

  • 4.97 miles

  • Public District Grades 6-8

High School

school-card-donut-5824851
1
/10

  • Iroquois High School

  • 4615 Taylor Blvd

  • 2.04 miles

  • Public Magnet Grades 9-12

school-card-donut-5824852
10
/10

  • Brown School

  • 546 S 1st St

  • 3.60 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,745. The most common annual income of people living in Louisville, KY is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1225 Arcade Ave

What is the listing price of this property?

The listing price of 1225 Arcade Ave property is $257,983.

What type of property is this?

The property 1225 Arcade Ave is a house located in Louisville, Kentucky, 40215.

Is this property for sale now?

Sale Pending: 1225 Arcade Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1225 Arcade Ave are:
Jacob Elementary School: GreatSchools Rating 1/10
Lincoln Elementary Performing Arts: GreatSchools Rating 4/10
Western Middle School: GreatSchools Rating 3/10
Lassiter Middle School: GreatSchools Rating 1/10
Iroquois High School: GreatSchools Rating 1/10
Brown School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,474 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1225 Arcade Ave has 2 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1225 Arcade Ave is 2,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1225 Arcade Ave is 1950.

Rocket Homes›Kentucky›Jefferson County›Louisville›40215›1225 Arcade Ave

This home is located at 1225 Arcade Ave in Louisville, KY and zip code 40215 in the Taylor Berry neighborhood. This 2,800 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $257,983.

In April 2024, from all listings sold in Louisville, KY there were more than 237 sold above asking price, over 318 sold below and more than 199 were sold right at the asked price. The number of listings in Louisville, KY increased by 3.6% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $245,988.

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

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