27 Timber Ridge Lane Warsaw KY 41095

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27 Timber Ridge Lane

Warsaw, KY 41095

Suburb: Warsaw

$85,000

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Under Contract

Great hunting land with home site possibility! Heavily wooded land slopes gradually to a creek and then climbs more steeply up to a ridge. about 1/4 of the land is from the road to the creek, another 1/2 or so is up hill to the ridge and then another 1/4 of it slopes down again on the backside of the ridge. There is a tree stand that will stay on the land

Directions

High 71 south towards Louisville then right on Exit 62 to left on Spencer Rd then Left on Dry Creek Road then Right on Timber Creek. Property is almost to the end of the road on the left.

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Property Details

General Information

Property Type	Land
Style	Single Family Residence
Suburb	Warsaw
County	Gallatin
Zip Code	41095
School District	Gallatin Co Public
MLS#	614648

Features

Total Acres	20.13
Lot Dimensions	480 x 1668 x 580 x 1763 Feet
Wooded Acreage	20.68
Water	None
Sewer	Septic Needed
Semi-Annual Taxes

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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.)

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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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