Knox Lilliard Road Sparta KY 41083

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Knox Lilliard Road

Sparta, KY 41083

Suburb: Sparta

$1,361,625

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Approximately 180 acres of beautiful rolling land in Gallatin County. Being conveniently located just 5 minutes off of the I-71 Vevay (1 exit South of KY Speedway) Exit makes it easy to bring your camper and quads for a fun weekend getaway spot. Or build your dream home. Water and electric are at the road. Great mix of wooded/cleared acreage and mostly fenced. Small creek and plenty of wildlife including turkey and deer. Owner is willing to sub-divide into 60 acres tracts. Zoned SFR

Directions

North on KY 1039 off the Vevay Exit off I-71

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Sparta
County	Gallatin
Zip Code	41083
School District	Gallatin Co Public
MLS#	613351

Features

Total Acres	181.55
Lot Dimensions	180 +/- acres
Water	Public
Sewer	Septic Needed
Semi-Annual Taxes

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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