401 Hanks Lane

401 Hanks Lane in Frankfort, KY was first built in 1992 and is 32 years old. This has been categorized as a residential property type. It is a single story home. In total, the area measurement of the land is 65,340 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 20, 2019 for $296,000. Prior to that sales transaction, the property was also sold in Oct 17, 2019 for $140,000. 401 Hanks Lane was last assessed in 2023. The total value of the property was assessed at $296,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,537. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.