Waterfront living at its best in desirable Indian Valley on Rough River Lake! Situated just off the main channel on a 1.09-acres fronting on Walters Creek in a protected no-ski cove, this custom-built 4BR/3BA home offers direct access to your private dock, plus neighborhood boat ramp and courtesy dock. The spacious 2,786 sf floor plan features hardwood floors, two-story foyer, fireplace, and two potential primary suites, including one on the main level. Enjoy lake views from two expansive decks overlooking the water. Property also includes a 30x40 detached 4-car garage with oversized doors plus additional boat/RV storage. Seller offering $5,000 closing cost/flooring allowance with acceptable offer. All located in the fun, golf-cart friendly Indian Valley Neighborhood, just minutes from Leitchfield shopping, dining, and healthcare, this is the complete lake lifestyle package.
For sale
Price cut: $10K (4/26)
$475,000
601 Indian Ridge Rd, Falls Of Rough, KY 40119
4beds
2,784sqft
Single Family Residence, Residential
Built in 2001
-- sqft lot
$457,700 Zestimate®
$171/sqft
$3/mo HOA
What's special
Calm watersQuality custom built homeTwo-story foyerSpacious homeHardwood floors
- 146 days |
- 129 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Randy S Hayden 270-316-8831,
CHANGE OF PLACE REAL ESTATE, LLC
Source: Greater Owensboro Realtor Association,MLS#: 93965
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Dining room
- Features: Dining Area
Heating
- Forced Air, Heat Pump, Electric, Propane
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
- Laundry: W/D Hookup
Features
- Ceiling Fan(s), Granite, Master Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Basement: Block,Unfinished,Utility
- Attic: Access Only
- Has fireplace: Yes
- Fireplace features: Gas Log, Family Room
Interior area
- Total structure area: 3,104
- Total interior livable area: 2,784 sqft
- Finished area above ground: 2,784
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached, Parking Pad, Gravel
- Garage spaces: 3
- Carport spaces: 1
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Scenic
- Has spa: Yes
- Spa features: Bath
Lot
- Dimensions: 1.09 per PVA
- Features: 150+ Front, Landscaped, Wooded
- Residential vegetation: Partially Wooded
Details
- Parcel number: INDIANV231
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Block, Crawl Space
- Roof: Dimensional
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Rough River
HOA
- Has HOA: Yes
- HOA fee: $40 annually
Location
- Region: Falls Of Rough
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $230,000
- Date on market: 1/17/2026
Estimated market value
$457,700
$435,000 - $481,000
$2,258/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2026 | Price change | $475,000-2.1%$171/sqft |
Source: | ||
| 3/18/2026 | Price change | $485,000-2%$174/sqft |
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| 1/17/2026 | Listed for sale | $495,000-11.4%$178/sqft |
Source: | ||
| 10/2/2025 | Listing removed | $559,000$201/sqft |
Source: | ||
| 7/31/2025 | Price change | $559,000-1.8%$201/sqft |
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| 6/6/2025 | Price change | $569,000-1.7%$204/sqft |
Source: | ||
| 5/7/2025 | Price change | $579,000-1.7%$208/sqft |
Source: | ||
| 4/2/2025 | Listed for sale | $589,000$212/sqft |
Source: | ||
| 8/28/2024 | Listing removed | $589,000$212/sqft |
Source: | ||
| 7/29/2024 | Listed for sale | $589,000+156.1%$212/sqft |
Source: | ||
| 9/1/2017 | Sold | $230,000$83/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $230,000 |
| 2023 | -- | $230,000 |
| 2022 | -- | $230,000 |
| 2021 | -- | $230,000 |
| 2020 | -- | $230,000 |
| 2019 | -- | $230,000 |
| 2018 | -- | $230,000 +38.6% |
| 2017 | -- | $166,000 |
| 2016 | -- | $166,000 |
| 2015 | $1,101 | $166,000 |
| 2014 | $1,101 +3.2% | $166,000 +27.7% |
| 2013 | $1,067 | $130,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 40119
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10Caneyville Elementary SchoolGrades: PK-5Distance: 10.9 mi
- 8/10Grayson County Middle SchoolGrades: 6-8Distance: 10.2 mi
- 4/10Grayson County High SchoolGrades: 9-12Distance: 9.2 mi
Schools provided by the listing agent
- Elementary: Caneyville Elementary School
- Middle: Grayson County Middle School
- High: GRAYSON COUNTY HIGH SCHOOL
Source: Greater Owensboro Realtor Association. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Kentucky
- Grayson County
- Falls of Rough
- 40119
- 601 Indian Ridge Rd






