Rare Investment Opportunity on a Half Acre of Land!
Explore the potential in this bungalow situated on a spacious half-acre lot just minutes from J-Town. The home offers one bedroom plus an additional flexible room that can serve as a second bedroom, home office, or hobby space. Inside, you'll also find a living room, an eat-in kitchen, a first-floor laundry/mudroom. Outside, there is generously sized shed that would be perfect for storing outdoor tools and equipment or for providing additional storage for personal belongings.
This property provides a great opportunity for improvement--ideal for investors or handy buyers looking to renovate and transform it into their own cozy cottage. It does need renovation and TLC and is being sold as-is, but the possibilities for customization and value growth are significant.
Competitively priced and full of possibility, this one won't last long.
Sold for $120,000
Tax assessed value
$120,000
5617 Lovers Ln, Louisville, KY 40299
1beds
787sqft
Single Family Residence
Built in 1947
0.5 Acres Lot
$121,100 Zestimate®
$152/sqft
$1,275 Estimated rent
Home value
$121,100
$115,000 - $127,000
$1,275/mo
Zestimate® history
Owner options
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$1,275/mo
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$1,275/mo
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$598/mo
Est. payment
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$598/mo
Est. payment
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List your homeWhat's special
Spacious half-acre lotEat-in kitchenOne bedroomGenerously sized shed
Zillow last checked:
Listing updated:
Listed by:
Kim Karst 502-558-5912,
First Saturday Real Estate
Bought with:
Vivian Marin, 261225
R & Y Realty Group
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1708406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Kitchen
- Description: Eat-in
- Level: First
Laundry
- Description: Laundry w/ side entrance. Can double as a mudroom
- Level: First
Living room
- Level: First
Other
- Description: Could be used as a bedroom, office, craft/hobby room
- Level: First
Heating
- Natural Gas, Other
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 787
- Total interior livable area: 787 sqft
- Finished area above ground: 787
- Finished area below ground: 0
Property
Parking
- Parking features: Entry Front, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 0.5 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 005102050000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame, Block
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $120,000
- Annual tax amount: $1,374
- Date on market: 2/5/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Sold | $120,000-4%$152/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1708406 Report a problem | ||
| 2/20/2026 | Pending sale | $125,000$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1708406 Report a problem | ||
| 2/5/2026 | Listed for sale | $125,000+4.2%$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1708406 Report a problem | ||
| 9/18/2023 | Sold | $120,000-4%$152/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1643222 Report a problem | ||
| 8/23/2023 | Pending sale | $125,000$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1643222 Report a problem | ||
| 8/19/2023 | Listed for sale | $125,000$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1643222 Report a problem | ||
| 8/16/2023 | Pending sale | $125,000$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1643222 Report a problem | ||
| 8/16/2023 | Listed for sale | $125,000+92.3%$159/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1643222 Report a problem | ||
| 7/20/2018 | Sold | $65,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,374 +19.8% | $120,000 +23.3% |
| 2023 | $1,147 -0.3% | $97,350 |
| 2022 | $1,151 -6.3% | $97,350 |
| 2021 | $1,228 +15.4% | $97,350 +7.7% |
| 2020 | $1,064 | $90,380 |
| 2019 | $1,064 +9.9% | $90,380 |
| 2018 | $968 | $90,380 |
| 2017 | $968 +17.9% | $90,380 +10.2% |
| 2013 | $820 | $82,030 |
| 2011 | $820 | $82,030 |
| 2010 | $820 | $82,030 |
| 2009 | $820 | $82,030 |
| 2007 | -- | $82,030 |
Find assessor info on the county website
Neighborhood: Fern Creek
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Nearby schools
GreatSchools rating
- 6/10Farmer Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 3/10Ramsey Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Fern Creek Traditional High SchoolGrades: 9-12Distance: 1.2 mi
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$121,100
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$123,522
- Kentucky
- Jefferson County
- Louisville
- 40299
- Fern Creek
- 5617 Lovers Ln
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