OKOLONA BRICK RANCH & GARAGE ONLINE AUCTION

BIDDING BEGINS: TUESDAY, FEBRUARY 21 @ 6PM

BIDDING ENDS: TUESDAY, FEBRUARY 28 @ 6PM

7705 GAYEWAY DRIVE, LOUISVILLE, KY 40219

A classic 1950’s four-bedroom two-bath brick ranch with basement and detached two-car garage with side porch located  on a dead-end street just off the Outer Loop near shopping & dining venues. Great fixer upper  - ideal for the investor or a homeowner!

PROPERTY HIGHLIGHTS

Brick Ranch with Basement Built 1956

Four Bedrooms - Two Baths

1463 Square Feet on First Floor 

1175 Square Feet in Unfinished Basement

Detached 2-Car Garage with Covered Side Porch 

90’ x 109’ Fenced Gated Lot 

Jefferson County Kentucky Schools 

3 Miles East of I-65 off Outer Loop 

10 Miles to Downtown Louisville 

Near Schools, Shopping & Dining Corridors

Located in the established neighborhood of Sunset Estates, this 1463 square foot brick ranch with  large covered front porch and  unfinished 1175 square foot basement is ready for renovation, and sells with all contents.  

The first floor features a living room with pocket doors to an open dining area, an equipped kitchen, main bedroom suite with full bath and walk-in closet, three additional bedrooms and a full bath. 

The lower level with 1175 square feet includes partially finished storage areas and an equipped laundry area. The home has natural gas heat and central air conditioning. 

Outdoor features include an oversized concrete drive and patio area, gated entrance to fenced back yard, and a 20’ x 20’ detached concrete block garage with lean to rear storage and a 17’ x 20’ covered side porch and sits on a level 90’ x 109’ lot. Conveniently located on a  dead-end street - 1/2 mile from the KY-1065 Outer Loop - in the Okolona area in Jefferson County, Kentucky. 

UTILITIES 

Louisville Gas & Electric 

Louisville Water Company 

Louisville MSD Sewers

REAL ESTATE TAXES (2022)

Gross (Base) Amount  (Annual) – $1,905.79

DEDUCTIONS (2022)

Homestead – $40,500

FLOOD ZONE 

FEMA records indicate that the property is not in a flood zone.

LEGAL DESCRIPTION

Lot 19 Sunset Estates

PROPERTY ID# 

Property ID# 23085400320019

SCHOOL CORPORATION

Jefferson County Schools

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BUYERS PREMIUM

10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

REAL ESTATE TERMS

A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Taxes prorated to the day of closing. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.

OPEN INSPECTION

Wednesday, February 22, 2-4PM Or contact us for a private showing.

PROPERTY LOCATION

7705 Gayeway Drive, Louisville, KY 40219 

SELLER

Donald W. McGeorge Estate / Living Trust 

TRUSTEE / EXECUTOR 

Stan Sims 

DIRECTIONS 

I-65 to Outer Loop Exit 127. East 2.2 miles to a right on Robbs Lane. Continue 2/10 mile to left on Gayeway Drive. Home 3/10 mile on right.