Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Old Mill Village Ct, Unit 48 Shelbyville, KY 40065

    For Sale
    $89,900

    LAND - Shelbyville, KY

    Lot size:
    0.25 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for Old Mill Village Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    040A-00-042
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Public

    Torrey Smith Realty Co., LLC (502) 633-0220 [email protected]

    Listing agent Baird Dunsmore (502) 633-0220

    Listing date Nov 14, 2025

    MLS# 1703424 Listing URL

    Overview

    Residential Lot in Established Neighborhood

    Located in Old Mill Village, this quarter-acre lot presents a rare opportunity to build a home in an established neighborhood. Situated off Morninglory Lane, Lot 48 benefits from well-lit streets, sidewalks, and a walkable environment. The property features easy building conditions and mature surroundings. The neighborhood is nearly built out, making this one of the last opportunities to secure a site in this location. The lot is ideal for building a home in a place that maintains its value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.247515
    Latitude
    38.22853

    Nearby Similar for Sale

    • $1,950,000
      34.78 Acres

      Luxury Country Estate on Acres

      Spacious 5-bedroom estate on 34.78 acres in Shelbyville, KY.
      517 Aiken Rd, Shelbyville, KY 40065
      View Details
    • $499,000
      20.93 Acres

      Shelbyville Land with Farmhouse Charm

      20+ acre property with a charming 3-bedroom farmhouse.
      206 Jail Hill Rd, Shelbyville, KY 40065
      View Details
    • $849,000
      28.00 Acres

      Shelbyville Land with Lake Cottage

      28 acres with lake, cottage, and caboose near horse farms.
      5976 Eminence Pike, Shelbyville, KY 40065
      View Details
    • New
      $250,000
      Pending

      Shelbyville Duplex in Prime Location

      Charming duplex in downtown Shelbyville, steps from local amenities.
      712 Washington St, Shelbyville, KY 40065
      View Details
    • $429,900
      5.00 Acres

      5 Acre Mini Farm

      Move-in ready mini farm with barn and garage space.
      610 Heinsville Rd, Shelbyville, KY 40065
      View Details
    • New
      $799,000
      35.22 Acres

      Shelbyville Land with Large Barn

      35+ acre horse property with barn near I-64.
      6692 Hempridge Rd, Shelbyville, KY 40065
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Quarter-acre lot in Old Mill Village, ready for your dream home.
    Where is this residential land & home lot located?
    The property is located at Old Mill Village Ct, Unit 48 Shelbyville, KY.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: - Rare opportunity to build in the nearly built-out, established Old Mill Village neighborhood.; - Quarter-acre lot with easy building conditions and mature surroundings.; - Calm, walkable neighborhood with well-lit streets and clean sidewalks.
    (502) 633-0220
    Request Owner's contact information
    Old Mill Village Ct, Unit 48 Shelbyville, KY 40065
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Old Mill Village Ct, Unit 48
    Shelbyville, KY 40065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Mill Village Ct, Unit 48 Shelbyville, KY 40065
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.