c.1885 Kentucky Farmhouse For Sale With Barn Under $115K
$114,900
This charming two-story Kentucky farmhouse, dating back to 1885, rests on a generous 0.81-acre lot and awaits a visionary touch to restore its timeless character and charm.
Realtor Comments
Opportunity knocks! With over a century of history, this diamond in the rough offers the perfect blend of rustic charm and redevelopment potential. The home is in need of repairs and updates, making it an ideal project for those looking to restore a piece of the past or explore options for a full renovation or rebuild. Whether you’re looking to renovate and resell, create a charming rental property, or build something new, this property is priced to move and full of possibility. Don’t miss your chance to turn this classic farmhouse into your next successful investment! Cash or rehab financing only. Sold as-is.
- 4bed
- 1.5bath
- Circa 1885
1535 Bardstown Rd, Hodgenville, KY 42748 $114,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Pros
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Affordable cost of living & housing
Median home values hover between $92 K–$137 K, with rents around $770–$907/month, making housing much cheaper than national averages
Overall living costs are about 13–22% below U.S. average and roughly 4% below the Kentucky average -
Strong job prospects for the region
Niche gives a job-market grade of A–, with median household income near $59 K, modestly below national norms -
Good schools & family-friendly atmosphere
Local public schools earn solid grades (B– to B+), and the town scores well (B+) for families on Niche -
Close-knit, small-town charm with history
With ~3,200 residents and strong community ties, it’s a place where “there isn’t a person you don’t know”
Birthplace of Abraham Lincoln and home to a historic downtown district, offering cultural and historical character -
Lower commute times by area standard
Though commutes average ~31 minutes, many residents enjoy driving without heavy congestion
⚠️ Cons
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Mixed crime stats; some data shows higher crime rates
Niche rates crime B–, but NeighborhoodScout indicates crime rates in the top 15% statewide and a 1-in-65 chance of victimization. AreaVibes counters with 39% lower crime than U.S. average -
Limited local amenities & entertainment
Very few restaurants or stores; residents often commute to Elizabethtown (~30 mi) for options -
School funding & infrastructure concerns
Despite decent ratings, the school district is struggling with outdated buildings and has pursued tax measures for improvements -
Longer commutes for work and services
Average one-way commute is ~31 minutes, often to nearby towns for jobs, shopping, and healthcare -
Rural infrastructure & services gaps
Minimal public transit and potential for limited internet (DSL or cable only)—broadband isn’t universal -
Lower income levels & social health challenges
Median household income (~$35 K in older census; ~$59 K in recent data) remains below national average. Historically elevated poverty rates and some signs of drug issues in the wider region
