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1581 Poosey Ridge Rd, Richmond, KY, 40475

3beds
2baths
1,882sqft
$299,500
$159price/sqft
$2,056/moest. monthly cost
$82,240/yrincome needed

About This Home

Remodeled farmhouse full of character, thoughtfully updated to remain both functional and timeless. Situated on 2.26 surveyed acres with a circular driveway and surrounded by picturesque farmland, this property offers peaceful country living with stunning views in every direction. Inside, you'll find brand-new cabinets, countertops, vanities, appliances, floor coverings, a new storm door, freshly painted deck, and more—blending modern updates with classic farmhouse appeal. The unfinished basement area is perfect for additional storage, or a great hobby workspace. Start your mornings with coffee and unwind in the evenings with cocktails while taking in the breathtaking panoramic views this setting provides. An additional 133± acre adjoining farm is available for purchase, offering a rare opportunity for expansion, investment, or true farm living. A one-of-a-kind property where charm, views, and opportunity come together. All of this and it's only about 8 miles to the Richmond Center, I-75, physicians' offices, and more!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

8/10
9/10
Farristown Middle SchoolGrades 6-810.8 mi
8/10

Construction

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Concrete,Unfinished

Bathroom1

  • Level: First

Bathroom3

  • Level: Second

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: Carpet
  • Number of fireplaces: 1
  • Fireplace features: Insert,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,882

Heating & Cooling

  • Heating features: Heat Pump,Propane,Propane Tank Owned
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,882
  • Total interior livable area: 1,882 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: First

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 001200000008A

Features

  • Levels: One and One Half
  • Fencing: None
  • Horses can be raised: Yes

Lot

  • Lot size: 2.26 Acres
  • Features: Few Trees

Parking

  • Parking features: Driveway
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Inland Flooding
Tornado

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 $1,514$18,168
Home Insurance *$148$1,776
Property Taxes $240$2,880
Electricity $154$1,850
Total$2,056$24,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,491/yr
40% on housing$61,680/yr
45% on housing$54,826/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

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 40475$166
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)

Price History

DateEventPrice
2026-03-27Price change$349,900
2026-03-25Price change$389,000
2026-01-25Price change$1,390,000
2026-01-25Listed for sale$390,000
2025-02-01Listing removed$1,125,000
2024-09-05Price change$1,125,000
2024-09-05Listed for sale$4,000,000
2024-08-15Listing removed$4,000,000
2024-02-16Price change$4,000,000
2023-08-22Listed for sale$4,500,000

For Sale by Agent

AgentTina Neal
BrokerageRE/MAX Elite Realty

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