For SaleRisky Deal33 days on market
232 McMakin McMullan Rd
232 McMakin McMullan Rd, Shelbyville, KY 40065, Shelbyville, KY 40065
$595,000
Estimate®:$573,400
Listing Price
232 McMakin McMullan Rd, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
33
Tax Assessed
$175k
Estimate®
$573k
Market Rate
Lot Size
1.70 acres
Rent Estimate
$2,848/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
Clear Creek Elementary School
K-5
3.5 mi away
3
Shelby County West Middle School
6-8
6 mi away
4
Martha Layne Collins High School
9-12
5.8 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
modern farmhouseranch styleboard and batten sidingstone veneermixed materialscontemporarywood accentslandscapeddark exteriorgabled rooflarge windowsnatural settingcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.82%
Total ROI
41.9%
Cash Flow
$-1,194/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,194/mo net cash flow with a 3.8% 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 |
|---|---|---|---|
| 2026-09-22 | Price change | $595,000 | $273 |
| 2026-09-16 | Listed for sale | $625,000 | $286 |
| 2026-09-08 | Contingent | $625,000 | $286 |
| 2026-08-23 | Listed for sale | $625,000 | $286 |
| 2007-11-27 | Sold | $182,500 | $84 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,014.13 | $175,000 |
| 2024 | $2,033.38 | $175,000 |
| 2023 | $2,061.38 | $175,000 |
| 2022 | $2,070.13 | $175,000 |
| 2021 | $2,122.63 | $175,000 |
| 2020 | $2,128.4 | $175,000 |
| 2019 | $2,128.4 | $182,500 |
| 2018 | $2,173.21 | $182,500 |
| 2017 | $2,173.21 | $182,500 |
| 2016 | $2,128.32 | $182,500 |
| 2015 | $2,128.32 | $182,500 |
| 2014 | $2,128.32 | $182,500 |
| 2013 | $2,128.32 | $182,500 |
| 2012 | $0 | $182,500 |
| 2011 | $0 | $182,500 |
| 2010 | $0 | $182,500 |
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