38 Hobbs Ackerman Lane Sparta KY 41086

New Search

38 Hobbs Ackerman Lane

Sparta, KY 41086

Suburb: Sparta

$410,000

0bd

0 - 0ba

Sold

49 acres with ranch home and barns on Hwy 35 and Hobbs Ackerman lane. Across from the Kentucky Speedway, Many options, update the home and enjoy a farm life. Develop the property to several differant possibilities. Land lays nice for many uses. Home needs some TLC, but has 3 bedroom, 2 full baths with walkout basement. The barns provide extra storage for hay, animals, or toys. You are less than half mile from I-71 and less than an hour to Cincinnati or Louisville areas. Don't miss out.

Directions

I-71 south to Hwy 35 Warsaw/Sparta/Kentucky Speedway north on 35 just as goes down to 2 lanes on right

Open in Maps

Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Sparta
County	Gallatin
Zip Code	41086
School District	Gallatin Co Public
MLS#	522426

Features

Total Acres	49
Lot Dimensions	irr
Water	Public
Sewer	None
Semi-Annual Taxes

Listings similar to 38 Hobbs Ackerman Lane Sparta KY

Listings in other areas similar to 38 Hobbs Ackerman Lane Sparta KY

More Info

To receive more information about this property, please fill out the form below.

Sandra Peters

513-300-2518

speters@comey.com

Mortgage Calculator

To determine affordability and approximate loan payments, use the button below to reveal the mortage calculator. Please note that when using the form one of either the 'Down Payment Pct' or 'Amount of Loan' fields, but not both, must be set to zero to complete the calculation.

Mortgage Loan Calculator

Real Estate Price?:

Down Payment Pct?:

Amount of Loan?:

Enter a "0" (zero) for one unknown value above.

Monthly Payments?:

Annual Interest Rate?:

Points?:

Annual Prop. Taxes?:

Annual Insurance?:

Mortgage Ins. (PMI)?:

Payment Method?:

Monthly Payment:

Down Payment:

Total Interest:

Total P & I:

Mortgage Calculator Help

You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price.

Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

Schedule a Showing

To receive more information about this property, please complete the form below.