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108 Walnut Hill Dr, Richmond, KY, 40475

5beds
3baths
3,348sqft
$179,000
$53price/sqft
$1,397/moest. monthly cost
$55,880/yrincome needed

About This Home

Investment Opportunity in Deacon Hills! Conveniently located just minutes from I-75, Richmond Centre shopping, restaurants, and everyday amenities, this property offers tremendous potential for investors or buyers looking for their next project. Situated on a spacious half-acre lot in the desirable Deacon Hills subdivision, this home is being sold as-is and is ideal for a renovation or flip. The finished basement features its own kitchen and stackable washer/dryer hookup, creating the possibility for separate living quarters and potential dual rental income. With its prime location, flexible layout, and income-producing potential, this property is a rare opportunity you won't want to miss!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
8/10
Madison Middle SchoolGrades 6-82.6 mi
7/10

Construction

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Aluminum Siding,Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Partial,Walk-Out Access

Bathroom2

  • Level: First

Bathroom3

  • Level: Lower

Bathroom5

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: Lower

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Basement,Propane
  • Fireplace: Yes
  • Finished area below ground: 1,674
  • Finished area above ground: 1,674

Heating & Cooling

  • Heating features: Propane,Space Heater
  • Cooling features: Ceiling Fan(s),Electric,Window Unit(s)

Interior Area

  • Total structure area: 3,348
  • Total interior livable area: 3,348 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: 043A00020029

Features

  • Levels: Two
  • Fencing: Chain Link

Lot

  • Lot size: 0.51 Acres
  • Features: Few Trees

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Strong Wind
Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm

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 $905$10,860
Home Insurance *$88$1,056
Property Taxes $140$1,680
Electricity $264$3,172
Total$1,397$16,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,897/yr
40% on housing$41,910/yr
45% on housing$37,253/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: 6.7%
6.7%
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

$53This listing

vs Other Active Listings

Avg $/sqft

ZIP 40475$167
Madison County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 40475$175
Madison 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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$150,000
2026-08-10Price change$150,000
2026-08-04Price change$165,000
2026-08-02Price change$179,000
2026-06-18Pending sale$189,900
2026-06-16Listed for sale$189,900
2026-06-12Contingent$189,900
2026-06-08Listed for sale$189,900
1997-05-23Sold$57,000

For Sale by Agent

AgentAnthony Christian
BrokerageKeller Williams Legacy Group

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