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2251 Old Millersburg Rd, Paris, KY, 40361

4beds
2baths
1,380sqft
$245,000
$178price/sqft
$1,742/moest. monthly cost
$69,680/yrincome needed

About This Home

Discover this fully remodeled property at 2251 Old Millersburg Rd, offering a fantastic opportunity for comfortable living and potential income. The main house boasts 3 bedrooms and 1 bathroom within 900 square feet of thoughtfully updated living space. Complementing the primary residence is a versatile 480 square foot Accessory Dwelling Unit (ADU), complete with 1 bedroom and 1 bathroom. This ADU presents an ideal solution for multi-generational living, a home office, or a lucrative rental income stream. Both structures have undergone extensive renovations, ensuring modern comfort and lasting quality. The exteriors feature brand-new architectural shingles, premium vinyl siding, updated gutters, windows, and doors. Inside, you'll find new premium Luxury Vinyl Plank flooring, fresh paint, new doors, updated cabinets, and luxurious granite countertops. Essential systems have also been replaced, including new HVAC and plumbing, providing peace of mind for years to come. Don't miss this exceptional property that combines modern amenities with versatile living possibilities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

4/10
5/10
4/10

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Dimensional Style
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,380

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,380
  • Total interior livable area: 1,380 sqft

Kitchen

  • Level: First

Kitchen

  • Level: First

Living Room

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 0520000004.00

Features

  • Levels: One

Lot

  • Lot size: 0.78 Acres
  • Features: Few Trees

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
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 $1,238$14,856
Home Insurance *$152$1,824
Property Taxes $198$2,376
Electricity $154$1,850
Total$1,742$20,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,725/yr
40% on housing$52,260/yr
45% on housing$46,453/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 40361$859
Bourbon County$821

vs Homes Sold Last Month

Median $/sqft

ZIP 40361$141
Bourbon County$176

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
2026-08-14Price change$238,000
2026-08-05Price change$240,000
2026-07-25Price change$245,000
2026-07-15Listed for sale$249,000
2024-05-22Sold$8,000
2024-05-21Listed for sale$40,000
2023-04-11Listing removed--
2023-04-07Listed for sale$59,000
2022-06-28Sold$40,000
2022-05-31Pending sale$50,000
2022-05-01Listed for sale$50,000
2022-04-30Pending sale$50,000
2017-07-21Sold$22,000
2017-07-06Pending sale$23,900
2017-05-20Listed for sale$23,900
2017-03-21Sold$0
2017-02-06Pending sale$21,500
2017-01-15Price change$21,500
2016-12-28Price change$24,900
2016-12-03Price change$28,900
2016-11-04Listed for sale$32,900
2016-10-26Sold$33,334

For Sale by Agent

AgentRonald Newby
BrokerageKeller Williams Bluegrass Realty

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