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1264 Lipps Ln, Louisville, KY, 40219

4beds
2baths
1,200sqft
$260,000
$217price/sqft
$1,862/moest. monthly cost
$74,480/yrincome needed

About This Home

Your search is over if you are looking for a home that has been completely redone from top to bottom, inside and out. Far more than a cosmetic update, no part of this house has been left untouched. This 4-bedroom, 2-full-bath home delivers a complete rebuild for the next owner in the heart of Okolona...located minutes from I-65, Jefferson Mall, and the full stretch of dining and shopping options along Preston Highway. Starting outside, this home features a new roof, new vinyl siding, new windows throughout, a brand-new detached 1.5-car garage, and not one, but two new decks surrounded by a tree-lined backyard offering genuine privacy. The covered front porch runs the width of the home and is accessible by both stairs and ramp, making it as practical as it is welcoming as you pull up to the house. The extensive list of interior updates offers even more peace of mind to the next owner. The mechanicals are all brand-new: furnace and central air for the first floor and mini splits for the second, as well as the water heater, and all new kitchen appliances that remain after closing. The main level opens into a great room where the living area and kitchen share new LVP flooring and a clean, connected flow. The kitchen is fully updated with new granite countertops, new cabinetry, and new appliances. Two bedrooms and a full bathroom with a walk-in shower and sliding glass door complete the first floor, along with a dedicated laundry room with additional storage. Upstairs, two more large bedrooms share a second full bathroom, also finished with a walk-in shower and glass sliding door. Both levels feel deliberate, not pieced together. It is rare to find this level of updates in this price range, making the true value of this home evident. Don't wait to schedule your tour today.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

2/10
Okolona Elementary SchoolGrades PK-50.5 mi
3/10
1/10
Southern High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1943

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,200

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Heating & Cooling

  • Heating features: MiniSplit/Ductless,Forced Air,Natural Gas
  • Cooling features: Ductless,Central Air

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Property

Accessibility

  • Accessibility features: Handic Prov

Details

  • Parcel number: 23064202200000

Features

  • Stories: 2
  • Patio & porch: Deck,Porch
  • Fencing: Chain Link

Lot

  • Lot size: 0.41 Acres
  • Lot size dimensions: 60 x 209.6

Parking

  • Total spaces: 1
  • Parking features: Detached,Entry Front,Driveway
  • 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

  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Cold Wave
Heat Wave
Winter Weather

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 $1,314$15,768
Home Insurance *$144$1,728
Property Taxes $250$3,000
Electricity $154$1,850
Total$1,862$22,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,840/yr
40% on housing$55,860/yr
45% on housing$49,653/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$217This listing

vs Other Active Listings

Avg $/sqft

ZIP 40219$131
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40219$154
Jefferson County$160

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
2026-04-21Listed for sale$260,000

For Sale by Agent

AgentStephanie Mason
Brokeragesimpler.realestate

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