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For sale
  • $725,000

    508 Locust Grove Rd, Shelbyville, KY 40065

    3beds
    2,428sqft
    : 
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    Single Family Residence
    Built in 1988
    5.05 Acres Lot
    $687,400 Zestimate®
    $299/sqft
    $-- HOA

    What's special

    Cozy fireplaceUpdated flooringNew windowsImproved barn layoutNew ceiling fansFresh paintCompletely remodeled open-concept kitchen
    If you've been searching for a well-maintained horse property in one of Kentucky's most desirable equestrian locations, 508 Locust Grove Road delivers an exceptional combination of location, amenities, thoughtful upgrades, and country charm.Experience the best of Kentucky horse country at this beautifully updated 5-acre equestrian property, ideally located between in the peaceful countryside of Shelbyville proudly known as the Saddlebred Capital of the World. This property offers the perfect combination of rural tranquility, modern updates, and exceptional equestrian amenities. Whether you're a competitive rider or simply looking for a picturesque country retreat, you'll appreciate being approximately 45 minutes from the Kentucky Horse Park and Rood & Riddle Equine Hospital, while close to premier veterinary care, experienced farriers, and an active equestrian community.Since purchasing the property, the owners have made extensive improvements.Nearly the entire 5-acre property is enclosed with new four-board fencing, with new gates and latches. Additional upgrades include a dry lot and separate grass turnout, a fourth oversized stall, an improved barn layout and an approximately 150' x 80' outdoor arena rebuilt with new footing that can be expanded if desired. The barn also features new lighting, internet service, leveled stalls, natural drainage that helps keep pastures drier and footing healthier year-round and more.Inside, this 3 bed, 2.5 bath home showcases a living room with hardwood flooring, cozy fireplace, built in shelving with added lighting. A completely remodeled open-concept kitchen with quartz countertops, custom cabinetry, premium appliances, under-cabinet lighting, updated flooring and LED lighting throughout. Additional updates include new windows, new ceiling fans, fresh paint, updated electrical switches and outlets throughout much of the home.The basement offers a non conforming bedroom, rec area, craft/storage room. The garage is tied into the central heating and AC unit, offering room for expansion. Don't miss the views from the beautiful covered deck and stone patio. Don't miss this one!
    7 days
    |
    1,920
    |
    71
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mariam Applegate 502-216-8500,

    Aspire Real Estate Group

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1722349MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Bedroom
      • Level: First
      Bedroom
      • Description: Non conforming
      • Level: Basement
      Primary bathroom
      • Level: First
      Full bathroom
      • Level: First
      Half bathroom
      • Level: Basement
      Other
      • Level: Basement
      Dining area
      • Level: First
      Family room
      • Level: Basement
      Kitchen
      • Level: First
      Laundry
      • Level: Basement
      Living room
      • Level: First
      Heating
      • Electric, Forced Air, Propane
      Cooling
      • Central Air
      Features
      • Basement: Finished,Walkout Finished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,623
      • Total interior livable area: 2,428 sqft
      • Finished area above ground: 1,623
      • Finished area below ground: 805
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck, Patio, Porch
      • Exterior features: None
      • Fencing: Wood,Farm
      Lot
      • Size: 5.05 Acres
      Details
      • Additional structures: Barn(s)
      • Parcel number: 04300013

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Brick Veneer
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1988

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Subdivision: Skyview Estates
      HOA
      • Has HOA: No
      Location
      • Region: Shelbyville

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $510,000
      • Annual tax amount: $5,308
      • Date on market: 7/4/2026
      • Electric utility on property: Yes

        Estimated market value

        $687,400

        $653,000 - $722,000

        $2,283/mo

        Price history

        DateEventPrice
        7/4/2026Listed for sale$725,000+31.8%$299/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1722349 Report a problem
        6/4/2024Sold$550,000-1.8%$227/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1658009 Report a problem
        5/10/2024Pending sale$560,000$231/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1658009 Report a problem
        4/22/2024Contingent$560,000$231/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1658009 Report a problem
        4/9/2024Listed for sale$560,000+0.4%$231/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1658009 Report a problem
        2/5/2024Listing removed--
        Source: Metro Search Inc. LLC DBA Apex MLS #1647883 Report a problem
        11/1/2023Price change$558,000-3.6%$230/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1647943 Report a problem
        10/18/2023Listed for sale$579,000-2.3%$238/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1647883 Report a problem
        10/15/2023Listing removed$592,500$244/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1645592 Report a problem
        9/19/2023Listed for sale$592,500+85.2%$244/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1645592 Report a problem
        7/20/2018Sold$320,000-11.1%$132/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1500777 Report a problem
        6/18/2018Pending sale$360,000$148/sqft
        Source: Beck Realty Group #1500777 Report a problem
        4/24/2018Price change$360,000-2.1%$148/sqft
        Source: Beck Realty Group #1500777 Report a problem
        4/16/2018Listed for sale$367,900+26.9%$152/sqft
        Source: Beck Realty Group #1500777 Report a problem
        2/17/2016Sold$290,000-1.7%$119/sqft
        Source: Imagine MLS #1524460 Report a problem
        1/26/2016Pending sale$294,900$121/sqft
        Source: Semonin Realtors Louisville Office #1433889 Report a problem
        11/5/2015Price change$294,900-0.9%$121/sqft
        Source: Semonin Realtors Louisville Office #1433889 Report a problem
        10/24/2015Price change$297,500-0.5%$123/sqft
        Source: Keller Williams - Louisville East #1430297 Report a problem
        7/14/2015Price change$299,000-2%$123/sqft
        Source: Keller Williams - Louisville East #1416654 Report a problem
        6/22/2015Price change$305,000-1.6%$126/sqft
        Source: Keller Williams - Louisville East #1416654 Report a problem
        5/22/2015Price change$310,000-1.6%$128/sqft
        Source: Keller Williams - Louisville East #1416654 Report a problem
        4/24/2015Listed for sale$315,000$130/sqft
        Source: Keller Williams - Louisville East #1416654 Report a problem
        1/16/2015Listing removed$315,000$130/sqft
        Source: Keller Williams Realty, Louisville East #1406844 Report a problem
        8/22/2014Price change$315,000-0.9%$130/sqft
        Source: Keller Williams Realty, Louisville East #1391575 Report a problem
        7/17/2014Listed for sale$317,900+38.2%$131/sqft
        Source: Keller Williams Realty, Louisville East #1391575 Report a problem
        10/30/2008Sold$230,000$95/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,308 +66.1%$510,000 +59.4%
        2023$3,196 -2.5%$320,000
        2022$3,278 -2.5%$320,000
        2021$3,361 -0.7%$320,000
        2020$3,385 $320,000
        2019$3,385 -2%$320,000
        2018$3,453 $320,000 +10.3%
        2017$3,453 +28.7%$290,000 +26.1%
        2016$2,682 $230,000
        2015$2,682 $230,000
        2014$2,682 $230,000
        2013$2,682 $230,000
        2012-- $230,000
        2011-- $230,000
        2010-- $230,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 40065

        Getting around

        6 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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