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7416 Colt Dr, Louisville, KY, 40214

4beds
2baths
1,900sqft
$291,000
$153price/sqft
$2,104/moest. monthly cost
$84,160/yrincome needed

About This Home

Welcome to this updated four bedroom two bath home located in the desirable forest Estates Neighbourhood! Situated on an impressive, 1.68 acres, this property offer offers the perfect combination of space, privacy and potential. Inside you'll find A thoughtful layout design for both every day, living in entertaining. Plenty of opportunity to make this home, your own by adding your own personal touch. Step outside to enjoy the fully fenced yard perfect for pets, play or hosting gatherings while still having room to spread out and enjoyed the surrounding acreage. Please note this property is subject to third-party short sale approval. Whether you're looking for updates or potential this time, check the boxes. Don't miss your chance to make this yours! Offers are subject to third-party approval. Please make sure to include Sales Contract Sold AS IS, contingent upon third party approval, closing to occur at Agency Title. NO SELLER PAID HOME WARRANTY FHA will only pay 1% of sales price for buyer closing costs IF the buyer is also going FHA. Will need Buyer Proof of Funds.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

2/10
1/10
Doss High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1954

Materials

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

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

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

Dining Area

  • Level: First

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,900

Full Bathroom

  • Level: First

Heating & Cooling

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

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 24103301960000

Features

  • Stories: 1
  • Fencing: Full,Chain Link

Lot

  • Lot size: 1.68 Acres
  • Features: Wooded
  • Lot size dimensions: 5798 x 693

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

  • 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 $1,471$17,652
Home Insurance *$191$2,292
Property Taxes $288$3,456
Electricity $154$1,850
Total$2,104$25,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,137/yr
40% on housing$63,120/yr
45% on housing$56,106/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

$153This listing

vs Other Active Listings

Avg $/sqft

ZIP 40214$128
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40214$141
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
2026-05-01Price change$291,000
2026-04-14Price change$259,900
2026-04-01Price change$269,900
2026-03-20Listed for sale$275,000
2022-04-06Sold$300,000
2022-03-24Pending sale$315,000
2022-02-15Contingent$315,000
2022-01-29Listed for sale$315,000
2021-04-12Sold$95,000
2021-03-12Pending sale$79,900
2021-03-11Listed for sale$79,900

For Sale by Agent

AgentKelly Schoeffler
BrokerageGreen Team Real Estate Services

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