For SaleRisky Deal13 days on market
453 Erie Ct
453 Erie Ct, Shelbyville, KY 40065, Shelbyville, KY 40065
$285,000
Estimate®:$278,700
Listing Price
453 Erie Ct, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
13
Tax Assessed
$140k
Estimate®
$279k
Market Rate
Lot Size
0.28 acres
Rent Estimate
$1,949/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Wright Elementary School
K-5
1.2 mi away
6
Shelby County East Middle School
6-8
1.2 mi away
3
Shelby County High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylevinyl sidingcovered front porchdormer windowssingle-storylarge front yardtraditionallandscapedcozyresidentialsuburbanconcrete stepsshingle roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.48%
Total ROI
77.9%
Cash Flow
$-178/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-178/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Shelbyville, KY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $285,000 | $158 |
| 2026-09-04 | Listing removed | $0 | – |
| 2026-08-30 | Listed for sale | $302,500 | $168 |
| 2014-10-27 | Sold | $122,500 | $68 |
| 2013-10-01 | Listing removed | $164,500 | $91 |
| 2013-07-25 | Price change | $164,500 | $91 |
| 2013-05-02 | Listed for sale | $169,500 | $94 |
| 2011-05-02 | Sold | $108,500 | $60 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,620.9 | $140,000 |
| 2024 | $1,636.3 | $140,000 |
| 2023 | $1,658.7 | $140,000 |
| 2022 | $1,665.7 | $140,000 |
| 2021 | $1,707.7 | $140,000 |
| 2020 | $1,712.32 | $140,000 |
| 2019 | $1,712.32 | $140,000 |
| 2018 | $1,667.12 | $140,000 |
| 2017 | $1,667.12 | $122,500 |
| 2016 | $1,854.26 | $122,500 |
| 2015 | $1,854.26 | $122,500 |
| 2014 | $1,854.26 | $115,000 |
| 2013 | $1,854.26 | $115,000 |
| 2012 | $0 | $115,000 |
| 2011 | $0 | $115,000 |
| 2010 | $0 | $149,500 |
Similar Properties Nearby
Explore other investment opportunities in Shelbyville.