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This property is situated at 1906 Penile RD in Louisville, KY's 40272 zip code. The 1.1961 acre lot, identified as lot number 391, is located on the south side of Penile RD and is home to a residential property built in 1943. The property features a total living space of 1,670 square feet, with one bedroom and two bathrooms. In 2018, the property was sold for $165,000, with the assessed value of the property being $165,250. The property's market value is also $165,250, with a billed tax amount of $1,814.45. The lot itself is 52,098 square feet and includes a 460 square foot garage. Cooling and heating are central, making this property a comfortable home year-round.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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