If you’ve been searching for space, privacy, and the chance to create your dream home, this is the opportunity you’ve been waiting for! Situated on 5.47 beautiful wooded acres, this 1.5-story home with a walkout basement offers over 3,400 square feet of living space just waiting for your personal touch. Featuring 4 bedrooms and 3.5 baths, the home offers a spacious layout with endless possibilities. The walkout basement adds incredible flexibility with a massive 32’ x 24’ bonus room, an additional 21’ x 13’ family room, and a second kitchen—perfect for entertaining, multi-generational living, a home business, or hobbies. While the home is in need of a complete cosmetic makeover and updating, it presents an incredible opportunity for buyers to build instant equity while designing a home that reflects their own style and vision. The solid footprint, generous square footage, and peaceful wooded setting provide the perfect canvas for a stunning transformation. Whether you’re looking for your forever home, or a property with room to grow, this one offers unlimited potential. Bring your ideas and imagination—homes with this much space, acreage, and opportunity don’t come along often! Schedule your private showing today and imagine the possibilities!
For sale
$424,900
5500 Timberlane Dr, Henderson, KY 42420
4beds
3,410sqft
Single Family Residence
Built in 1988
5.47 Acres Lot
$409,000 Zestimate®
$125/sqft
$-- HOA
What's special
Peaceful wooded settingSecond kitchenSpacious layout
- 17 days |
- 2,736 |
- 135 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tara Dixon,
ERA FIRST ADVANTAGE
Source: HAMLS,MLS#: 260384
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: M
- Area: 210.9
- Dimensions: 14.06 x 15
Bedroom 2
- Level: Upper
- Area: 156.43
- Dimensions: 11.11 x 14.08
Bedroom 3
- Level: Upper
- Area: 120.98
- Dimensions: 10.04 x 12.05
Bedroom 4
- Level: Upper
- Area: 180.48
- Dimensions: 12 x 15.04
Dining room
- Level: Main
- Area: 144.35
- Dimensions: 13.04 x 11.07
Family room
- Level: Main
- Area: 235.26
- Dimensions: 13.07 x 18
Kitchen
- Level: Main
- Area: 144.03
- Dimensions: 13.07 x 11.02
Living room
- Level: Main
- Area: 358.89
- Dimensions: 18.8 x 19.09
Heating
- Gas Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Range/Oven, Microwave, Electric Water Heater
Features
- Flooring: Carpet, Tile
- Windows: Window Treatments
- Basement: Full,Full Finished Basement
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total interior livable area: 3,410 sqft
- Finished area above ground: 2,302
- Finished area below ground: 1,108
Property
Parking
- Total spaces: 2
- Parking features: Garage Attached, Off Street, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Porch, Front Porch, Back, Stoop, Deck
- Pool features: None
- Fencing: Chain Link,Rear
Lot
- Size: 5.47 Acres
Details
- Parcel number: 7318
- Zoning description: County
- Other equipment: Satellite
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Dry Wall, Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1988
Utilities & green energy
- Electric: Kenergy
- Gas: City
- Sewer: Septic Tank
- Water: City
- Utilities for property: Internet Available
Community & HOA
Location
- Region: Henderson
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $242,500
- Annual tax amount: $2,224
- Price range: $424.9K - $424.9K
- Date on market: 7/1/2026
Estimated market value
$409,000
$389,000 - $429,000
$2,973/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $424,900$125/sqft |
Source:  HAMLS #260384 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,224 -1% | $242,500 |
| 2023 | $2,248 +4.9% | $242,500 +5.9% |
| 2022 | $2,144 -0.1% | $229,000 |
| 2021 | $2,145 +1.6% | $229,000 |
| 2020 | $2,111 +1.8% | $229,000 +10.6% |
| 2019 | $2,073 +11.4% | $207,000 |
| 2018 | $1,860 +2.2% | $207,000 |
| 2017 | $1,820 +8.4% | $207,000 |
| 2016 | $1,679 +8.4% | $207,000 |
| 2014 | $1,549 +0.7% | $207,000 |
| 2013 | $1,539 -1.3% | $207,000 |
| 2012 | $1,559 +1.9% | $207,000 |
| 2011 | $1,529 +11.4% | $207,000 +29.6% |
| 2010 | $1,373 | $159,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 42420
Nearby schools
GreatSchools rating
- 7/10Bend Gate Elementary SchoolGrades: K-5Distance: 2.4 mi
- 6/10Henderson County South Middle SchoolGrades: 6-8Distance: 5.8 mi
- 9/10Henderson County High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Spottsville
- Middle: North Jr High
Source: HAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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