Home for Sale at 3333 Burks Branch Rd, Shelbyville, KY 40065

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3333 Burks Branch Rd
Shelbyville, KY 40065

Torrey Smith with Torrey Smith Realty Co., LLC, original listing - (502) 633-0220

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Property Details

List Price:	$4,472,923
Beds:	--
Baths:	--
Status:	Active
SqFt:	0 Square Feet
Agency:	Torrey Smith Realty Co., LLC
Agency Phone:	(502) 633-0220

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Description/Comments

Lot Size:	224 acre(s)
Property Type:	Land-Other
Year Built:	--
Notes:	224.77 acres in the heart of Shelby County offering a rare opportunity to own a large, contiguous tract in close proximity to Freedoms Way, positioned almost exactly in the geographic center of the county. With approximately 1,370 feet of road frontage and nearly 200 acres currently being farmed, this property combines strong agricultural productivity with long term investment appeal. The central location provides easy access in all directions including Shelbyville, Eminence, Simpsonville, and I-64, enhancing convenience, future flexibility, and resale strength. Productive farmland, scale, accessibility, and strategic positioning all come together here, making this an ideal property for expanding a farming operation, creating a legacy estate, land banking for future appreciation, or exploring thoughtful development potential. Large tracts of this size and location rarely come available, especially in the true center of Shelby County where growth, accessibility, and long term value naturally converge.
MlsNumber:	--
ListingId:	1710239

Listing Provided By:	Torrey Smith Realty Co., LLC, original listing
Phone:	(502) 417-0910
Office Phone:	(502) 633-0220
Agent Name:	Torrey Smith
Disclaimer:	Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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