acreage Mary Ingles Highway Melbourne KY 41059

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acreage Mary Ingles Highway

Melbourne, KY 41059

Suburb: Melbourne

$35,000

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0 - 0ba

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acreage Mary Ingles Highway - MLS# 614755

Zoned A-1 2.8262 Acres sitting on Mary Ingles Hwy. This land has some flat area, some hills, some cleared and some wooded. The existing gravel driveway runs along the property lines. Uses could be single family; or accessory building, see Zoning for specifics. Area that is wooded could be cleared and driveway cut in above potential building spot.

Directions

South on Route 8; turn right on gravel driveway between 6144 & 6168 Mary Ingles Hwy; will see mailboxes just past the gravel driveway

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Melbourne
County	Campbell
Zip Code	41059
School District	Campbell Co Public
MLS#	614755

Features

Lot Dimensions	617x600x500
Water	None
Sewer	None
Semi-Annual Taxes

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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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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360 months = 30 years

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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