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$181,000
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Item 1
7705 Gayeway Drive, Louisville, KY
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$181,000
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Timed Auction
Okolona Brick Ranch & Garage Online Auction
RESERVE LIFTED Selling to the Highest Bidder
A classic 1950’s four-bedroom two-bath brick ranch with basement and detached two-car garage with side porch located on a dead-end street just off the Outer Loop near shopping & dining venues. Great fixer upper - ideal for the investor or a homeowner!
PROPERTY HIGHLIGHTS
* Brick Ranch with Basement Built 1956
* Four Bedrooms - Two Baths
* 1463 Square Feet on First Floor
* 1175 Square Feet in Unfinished Basement
* Detached 2-Car Garage with Covered Side Porch
* 90’ x 109’ Fenced Gated Lot
* Jefferson County Kentucky Schools
* 3 Miles East of I-65 off Outer Loop
* 10 Miles to Downtown Louisville
* Near Schools, Shopping & Dining Corridors
Located in the established neighborhood of Sunset Estates, this 1463 square foot brick ranch with large covered front porch and unfinished 1175 square foot basement is ready for renovation, and sells with all contents.
The first floor features a living room with pocket doors to an open dining area, an equipped kitchen, main bedroom suite with full bath and walk-in closet, three additional bedrooms and a full bath.
The lower level with 1175 square feet includes partially finished storage areas and an equipped laundry area. The home has natural gas heat and central air conditioning.
Outdoor features include an oversized concrete drive and patio area, gated entrance to fenced back yard, and a 20’ x 20’ detached concrete block garage with lean to rear storage and a 17’ x 20’ covered side porch and sits on a level 90’ x 109’ lot. Conveniently located on a dead-end street - 1/2 mile from the KY-1065 Outer Loop - in the Okolona area in Jefferson County, Kentucky.
UTILITIES
Louisville Gas & Electric
Louisville Water Company
Louisville MSD Sewers
REAL ESTATE TAXES (2022)
Gross (Base) Amount (Annual) – $1,905.79
DEDUCTIONS (2022)
Homestead – $40,500
FLOOD ZONE
FEMA records indicate that the property is not in a flood zone.
LEGAL DESCRIPTION
Lot 19 Sunset Estates
PROPERTY ID#
Property ID# 23085400320019
SCHOOL CORPORATION
Jefferson County Schools
A classic 1950’s four-bedroom two-bath brick ranch with basement and detached two-car garage with side porch located on a dead-end street just off the Outer Loop near shopping & dining venues. Great fixer upper - ideal for the investor or a homeowner!
PROPERTY HIGHLIGHTS
* Brick Ranch with Basement Built 1956
* Four Bedrooms - Two Baths
* 1463 Square Feet on First Floor
* 1175 Square Feet in Unfinished Basement
* Detached 2-Car Garage with Covered Side Porch
* 90’ x 109’ Fenced Gated Lot
* Jefferson County Kentucky Schools
* 3 Miles East of I-65 off Outer Loop
* 10 Miles to Downtown Louisville
* Near Schools, Shopping & Dining Corridors
Located in the established neighborhood of Sunset Estates, this 1463 square foot brick ranch with large covered front porch and unfinished 1175 square foot basement is ready for renovation, and sells with all contents.
The first floor features a living room with pocket doors to an open dining area, an equipped kitchen, main bedroom suite with full bath and walk-in closet, three additional bedrooms and a full bath.
The lower level with 1175 square feet includes partially finished storage areas and an equipped laundry area. The home has natural gas heat and central air conditioning.
Outdoor features include an oversized concrete drive and patio area, gated entrance to fenced back yard, and a 20’ x 20’ detached concrete block garage with lean to rear storage and a 17’ x 20’ covered side porch and sits on a level 90’ x 109’ lot. Conveniently located on a dead-end street - 1/2 mile from the KY-1065 Outer Loop - in the Okolona area in Jefferson County, Kentucky.
UTILITIES
Louisville Gas & Electric
Louisville Water Company
Louisville MSD Sewers
REAL ESTATE TAXES (2022)
Gross (Base) Amount (Annual) – $1,905.79
DEDUCTIONS (2022)
Homestead – $40,500
FLOOD ZONE
FEMA records indicate that the property is not in a flood zone.
LEGAL DESCRIPTION
Lot 19 Sunset Estates
PROPERTY ID#
Property ID# 23085400320019
SCHOOL CORPORATION
Jefferson County Schools
Item Updates
BUYERS PREMIUM 10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Taxes prorated to the day of closing. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet. OPEN INSPECTION Wednesday, February 22, 2-4PM or contact us for a private showing. PROPERTY LOCATION 7705 Gayeway Drive, Louisville, KY 40219 SELLER Donald W. McGeorge Estate / Living Trust TRUSTEE / EXECUTOR Stan Sims DIRECTIONS I-65 to Outer Loop Exit 127. East 2.2 miles to a right on Robbs Lane. Continue 2/10 mile to left on Gayeway Drive. Home 3/10 mile on right.
Condition
AS-IS
