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615 Bayne Avenue

615 Bayne Avenue, Shelbyville, KY 40065
Property in Shelby
Sold Oct 14, 2021
$315,000
$289,987 by Freedom Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Mar 17, 2016
$160,000
Local assessors in Shelbyville, KY have categorized 615 Bayne Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 34,383 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 615 Bayne Avenue has a total of 2,830 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement with daylight that is 2,830 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 615 Bayne Avenue sold most recently in Oct 13, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $111.31 per sqft. Before that, the property was also sold for $160,000 in Mar 17, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,357 in taxes each year. 615 Bayne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $315,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 2,830
  • Parking Type: Built-in
  • Garage Type: Mixed use
  • Garage Square Area: 384
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 34,383
  • Total Building Area: 2,830
  • Building Area: 2,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,830
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW SUB
  • Land Acres: 0.789
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRANDVIEW SUB LOTS 11-18 BL B

Ownership

  • Current Owner : KERSTING HENRY RUDOLPH
  • Current Owner 2: KERSTING MEGAN SAMPLE
  • Previous Owner : MOORE LEE E
  • Previous Owner 2: MOORE MICHELLE B
  • Owner Before Previous Owner: CHENAULT ROBERT S
  • Owner Before Previous Owner 2: CHENAULT SANDRA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: SHELBYVILLE
  • Census Tract: 040301

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 0054757
  • District: 01
  • Parcel: S3-02-038
  • Block: B
  • Lot: 11-18
  • Municipality: SHELBYVILLE
  • Latitude: 38.2114
  • Longitude: -85.2431

    Address

  • Full Address: 615 Bayne Ave
  • Address - House Number: 615
  • Address - Street Name: Bayne
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Shelbyville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1701
  • Zip Code: 40065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,357
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 364,291
  • High Value: 456,647
  • Low Value: 271,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,987
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $289,987
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11860191985
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 478092
  • Previous Sale Recording Date: Mar 17, 2016
  • Previous Sale Contract Date: Mar 17, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $289,987
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Shelbyville



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Frequently Asked Questions

What neighborhood is 615 Bayne Avenue located in?
The 615 Bayne Avenue is a located in the neighborhood of Shelby in Shelbyville, Shelbyville.
What is the average sales price for listings in 615 Bayne Avenue?
The average sales price for units in 615 Bayne Avenue is $0 currently.

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