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406 S Proctor Knott Ave, Lebanon, KY, 40033

5beds
4baths
5,387sqft
$999,900
$186price/sqft
$6,617/moest. monthly cost
$264,680/yrincome needed

About This Home

Every so often you come across a place that stops you in your tracks and leaves you speechless... This is definitely one of those places as it has been meticulously planned out with no detail overlooked or expense spared to brilliantly and seamlessly combine facets of local history with today's modern luxuries while keeping that warm homey feeling in the forefront to create a one-of-one home... let's go check it out! Starting with the front door... you will immediately know that you are in for a treat as this entrance dazzles with custom cut-glass while the sheer weight of the door makes it feel like you are about to open a vault to a maison of treasures. This is where the awe-inspiring details begin as you are greeted with a warm welcome in the foyer showcasing a genuine marble floor that came from the old Farmers Bank. Just off the foyer is the primary suite that is sure to impress. This magnificent suite offers convenience and luxury as it is secured by beautiful pocket French doors and elevated by rich-colored hardwood, a multi-tiered tray ceiling enhanced with scrupulously crafted crown molding. Accompanying this first-class suite is a lavish ensuite featuring his/her vanities accentuated with fabulous butternut walnut bases and linen cabinetry, then finished off with artisan crafted tiled backsplashes. Speaking of tile... you have to check out the breathtaking walk-in shower caressed by more of that sublime tilework adorned with a European-style mosaic. Then don't even get us started with the showerheads... The showerheads are so upscaled that the hardest part will be leaving it because you will feel so refreshed and relaxed but if showers aren't your thing... you have an equally impressive soaking tub to soak all of your worries away. Rounding out the ensuite bath is an extravagant walk-in closet complete with a wonderful assortment of built-ins. In the heart of the home is a designer kitchen that will be the envy of any chef. The kitchen is souped-up with an abundance of sumptuous cabinetry even having cabinets all along the island under the bar seating. Speaking of which... the bar stools came from the old Hennings Restaurant and are negotiable! The counters are topped with sleek black granite that pairs beautifully with the other black and white nuances to make the kitchen pop! The kitchen is also equipped with state-of-the-art stainless-steel appliances shining under an extensive array of recessed lights. The quaint dining area paired with the fireplace fosters a cozy feel then to ramp the upscaled finishes back up... you also have an elaborate wet bar in the kitchen perfect for whipping up signature cocktails for your guests. Pedestaled by the kitchen is an intimate dining room and next to the other side of the kitchen is an adorable bedroom, top-notch laundry room, and full bath featuring more first-class finishes. Nestled to the rear of the home is a splendid sunroom surrounded by marvelous windows coupled with superb custom transoms to make it the ideal spot to just sit back and relax. Then when you are in a more of an entertaining mood... make your way to the grand room highlighted by a grandiose gas-log fireplace and more of those exceptional transoms plus a remarkable custom cut-glass door. All of this custom cut-glass you will find throughout the home was carefully selected and of the highest quality that is about 3x's thicker than what you will find at most places. The next tier of the home hosts 3 more generously sized bedrooms along with 2 more full baths. The tour continues down to the basement bordered by exquisite poplar barnwood. Even the construction of this home is historical and unmatched as the home is framed with redwood and the brick on the original part of the home coming from the old Foster Ray Mansion and Blackburn Building. Outside you have a 9.10-acre (+/-) spread of land right in town with exotic trees/bamboo, 2 creeks, a pool and an old railroad trestle from where trains would chug through back in the day!

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10
Lebanon Elementary SchoolGrades PK-50.4 mi
6/10
7/10
Marion County High SchoolGrades 10-121.8 mi

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Brick Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Microwave,Oven,Stainless Steel Appliances

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 4,499

Heating & Cooling

  • Heating features: Gas,Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 4,499
  • Total interior livable area: 5,387 sqft

Kitchen

  • Features: Eat-in Kitchen,Granite Counters

Property

Details

  • Parcel number: 056088
  • Lease amount: 0

Features

  • Pool features: In Ground,Salt Water
  • Patio & porch: Patio,Covered Porch

Lot

  • Lot size: 9.10 Acres

Parking

  • Total spaces: 3
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning
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 $5,056$60,672
Home Insurance *$508$6,096
Property Taxes $628$7,536
Electricity $425$5,105
Total$6,617$79,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$226,868/yr
40% on housing$198,510/yr
45% on housing$176,453/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: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 40033$152
Marion County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 40033
Marion County$214

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
2026-03-11Listed for sale$999,900
2024-11-10Listing removed$1,200,000
2024-05-10Listed for sale$1,200,000
2024-01-04Listing removed--
2023-11-04Listed for sale$1,400,000

For Sale by Agent

AgentCharles Lancaster, Jr
BrokerageThe Lancaster Agency Inc

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