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5821 Old Railroad Grade Rd, Paint Lick, KY, 40461

1beds
1baths
1,000sqft
$184,900
$185price/sqft
$1,293/moest. monthly cost
$51,720/yrincome needed

About This Home

Charming and fully updated 1 bedroom, 1 full bath home offering approximately 1,000 sq. ft. of comfortable living space! Perfect for a couple, rental investment, or Airbnb opportunity. This property has been thoughtfully improved with quality upgrades throughout, including all new plumbing and electrical completed just a few years ago with durable PEX plumbing system installed. Built for efficiency and comfort with 2x6 studded walls, insulated raised flooring above the slab, and a hybrid heating system featuring mini split heating and cooling plus two propane floor heaters. Enjoy endless hot water with the tankless water heater and added luxury with a bidet toilet and top-notch custom blinds. Outside, you'll find a fully fenced property with a 5-foot privacy fence surrounding the entire yard, gutter guards for low maintenance living, and recent tree removal enhancing the outdoor space. The home is also wired for a generator with a Generac transfer switch already in place for added peace of mind. Move-in ready with modern upgrades and excellent investment potential!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
5/10
Garrard Middle SchoolGrades 6-89.5 mi
8/10

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

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

Interior

Appliances

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

Bathroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Eat-in Kitchen,Ceiling Fan(s)
  • Window features: Insulated Windows,Blinds
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,000

Heating & Cooling

  • Heating features: Electric,Propane Tank Leased
  • Cooling features: Electric

Interior Area

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

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: PL01002

Features

  • Levels: One
  • Fencing: Wood

Lot

  • Lot size: 0.39 Acres
  • Features: Secluded,Few Trees

Parking

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

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively 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

Cold Wave
Lightning
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 $934$11,208
Home Insurance *$115$1,380
Property Taxes $90$1,080
Electricity $154$1,850
Total$1,293$15,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,331/yr
40% on housing$38,790/yr
45% on housing$34,480/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 40461$146
Garrard County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 40461
Garrard County$153

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
2026-05-07Listed for sale$189,000
2025-01-31Sold$160,000
2025-01-05Pending sale$159,000
2025-01-03Listed for sale$159,000
2023-09-19Sold$25,000
2023-09-03Pending sale$39,900
2023-08-08Price change$39,900
2023-07-27Listed for sale$49,900
2023-07-24Pending sale$49,900
2023-07-14Listed for sale$49,900

For Sale by Agent

AgentJesse Sizemore
BrokerageCENTURY 21 Advantage Realty

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