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280 Gandertown Rd, Loretto, KY, 40037

0beds
0baths
0sqft
$255,000
--price/sqft
$1,771/moest. monthly cost
$70,840/yrincome needed

About This Home

Outstanding 15 acres m/l homesite offering both open and wooded land. 450 ft. of road frontage with beautiful home building sites, backing up to nice, wooded paradise. Offers wooded recreation and hunting right at your backdoor. County water and electric available on site. Highway entrances are already developed. Located Gandertown Road in Loretto, Ky

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
8/10
7/10
Marion County High SchoolGrades 10-1211.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Basement

  • Area: 0

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 01902001
  • Lease amount: 0

Lot

  • Lot size: 15 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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Ice Storm
Lightning

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 $1,289$15,468
Home Insurance *$125$1,500
Property Taxes $203$2,436
Electricity $154$1,850
Total$1,771$21,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,720/yr
40% on housing$53,130/yr
45% on housing$47,226/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 40037$137
Marion County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 40037
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)

No zestimate history available

Price History

DateEventPrice
2025-12-31Listed for sale$270,000
1996-10-01Sold$6,000

For Sale by Agent

AgentMonty Parman
BrokerageMay And Parman Agency Inc

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