See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

261 Fugate Ln, Shepherdsville, KY, 40165

2beds
2baths
1,000sqft
$749,900
$750price/sqft
$5,137/moest. monthly cost
$205,480/yrincome needed

About This Home

Well-maintained 6-unit multifamily property located in Shepherdsville within the rapidly growing Bullitt County corridor. The property features durable all-brick construction and consists entirely of spacious 2-bedroom, 2-bathroom units — a highly desirable layout for workforce and family tenants. Major capital improvement includes a roof that is only 2 years old, significantly reducing near-term maintenance concerns. Situated just minutes from major employers and convenient access to Interstate 65, the property benefits from strong economic growth, continued logistics and manufacturing expansion, and proximity to Louisville. A solid, low-maintenance investment opportunity in one of Kentucky’s fastest-growing rental markets.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

3/10
Roby Elementary SchoolGrades PK-51.7 mi
4/10
4/10

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: 027SEO07018B

Lot

  • Lot size: 0.62 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Cold Wave
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,791$45,492
Home Insurance *$407$4,884
Property Taxes $785$9,420
Electricity $154$1,850
Total$5,137$61,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,125/yr
40% on housing$154,110/yr
45% on housing$136,986/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$750This listing

vs Other Active Listings

Avg $/sqft

ZIP 40165$164
Bullitt County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 40165$178
Bullitt County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-19Listed for sale$749,900
2006-05-17Sold$317,000

For Sale by Agent

AgentZack Puckett
BrokerageCrye-Leike Executive Realty

Similar Homes