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314 E Grundy Ave, Springfield, KY, 40069

4beds
3baths
3,500sqft
$539,900
$154price/sqft
$4,002/moest. monthly cost
$160,080/yrincome needed

About This Home

Welcome to 314 E. Grundy Ave in Springfield, KY-- a stunning, early 1900s brick Craftsman masterpiece, beautifully restored from top to bottom to combine timeless architectural detail with the best of modern living. Set on 1.2 +- acres in one of Springfield's most sought-after neighborhoods, this 3500+- sq ft, 4-5 bedroom, 2.5-bathroom home offers both historic charm and contemporary luxury-all directly across from the iconic Kalarama Farm. Completely renovated and restored from top to bottom, inside and out in 2017, your future home's key features include craftsman details such as hardwood floors finished by Thompson flooring, wide moldings on both floor and ceiling, and a coffered ceiling in the family room. As soon as you walk through the original 42-inch wide front door, you will enter in the foyer and formal living room, met with a stunning brick fireplace with fully functional gas logs. The main level also boasts 9 1/2-foot ceiling height and a large, eat-in open kitchen with a 9 ft by 4.5 ft island, matching stainless steel appliances, quartz countertops, and custom shaker Barber cabinetry. The kitchen is open to the spacious family room with custom built-in storage, a dining room, an office that could serve as the 5th bedroom, a half bathroom, and a sunroom for additional relaxation as you watch the sunrise each morning while sipping your coffee. On the backside of the family room is a set of glass French doors leading out into a covered, screened-in porch with an additional TV for outdoor entertainment. The upstairs features the primary ensuite with two walk-in closets and marble flooring in the bathroom, an additional three bedrooms, each with walk-in closets, the laundry room, and full bathroom. In addition to the main and second level is a DRY basement with 7 1/2-foot ceiling height, double sump pump, and radon mitigation system. This space includes a finished, personal gym room for working out and is framed, wired, and partially dry walled to soon include an additional 1300+- sq ft of space consisting of a living room, kitchen, 6th bedroom, bathroom, recreational room, and storage room. The outside lot includes a detached, matching brick garage, a concrete roundabout driveway, and mature trees with plenty of room for an expansive garden and enjoying your evenings by the firepit. This property offers a rare opportunity to own a fully restored, turn-key solid Craftsman home in an unbeatable location-just minutes from downtown Springfield, and within easy reach of Bardstown, Danville, Elizabethtown, Louisville, or Lexington. Homes like this truly don't come along often! Schedule your private showing today with the listing agent, Jill Reed. And full disclosure (which is an added plus for any buyer)-- the listing agent is also owner of the home and will be so happy to answer all of your questions to help you make this next step!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1910

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

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood,Tile
  • Finished area above ground: 3,500

Heating & Cooling

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

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 3,500 sqft

Kitchen

  • Features: Open

Property

Details

  • Parcel number: 18H067
  • Lease amount: 0

Features

  • Patio & porch: Covered Porch,Screened Porch,Deck
  • Has view: Yes
  • View description: Farm,Street
  • Frontage length: 0

Lot

  • Lot size: 1.20 Acres
  • Features: Trees

Parking

  • Total spaces: 1
  • Parking features: Driveway,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
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 $2,730$32,760
Home Insurance *$556$6,672
Property Taxes $440$5,280
Electricity $276$3,316
Total$4,002$48,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,211/yr
40% on housing$120,060/yr
45% on housing$106,720/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -5.5%
-5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 40069$169
Washington County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 40069
Washington County$105

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
2026-04-13Listed for sale$550,000
2026-04-01Listing removed$550,000
2025-10-22Price change$550,000
2025-07-25Listed for sale$599,900
2016-03-08Sold$60,000

For Sale by Agent

AgentLarry Mccauley
BrokerageExit Realty McCauley

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