Home for Sale at 4199 Webb Rd, Simpsonville, KY 40067

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4199 Webb Rd
Simpsonville, KY 40067

Teresa Barnes with Abbot Realty & Auction - (502) 633-5321

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Property Details

List Price:	$1,490,000
Beds:	3
Baths:	Full: 4
Status:	Active
SqFt:	3815 Square Feet
Agency:	Abbot Realty & Auction
Agency Phone:	(502) 633-5321

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Description/Comments

Lot Size:	20 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1989
Notes:	Welcome to 4199 Webb Road! 20 Acre Gated Fully Fenced Equestrian Farm. This very well maintained 3 Bedroom/4 Full Bath Home Features Expansive Porches, Huge Screened Back Porch And A Fabulous In-Ground Heated Pool Overlooking A Beautiful Lake! 7 Stall Barn (Very Functional) With Hay Storage For Approximately 300 Bale Of Hay. 3 Pastures, 4 Run In Sheds and Outdoor Nelson Waterers. This Property Is Very Private With Lots Of Trees And Also Features A 3 Car Detached Garage. First floor of home has Great Room with stone fireplace soaring ceilings and Dining Room with beaufitul views of property. Kitchen with easy access t0 screened porch (All kitchen Appliances Convey), Full Bathroom, Bedroom and a Primary Suite with tiled shower and large walk in closet. Second Floor Primary Suite Floor with lots of windows providing an abudance of natural light and great views of the property. Huge closet area. Relaxing soaker tub and private bathroom with walk in tiled shower. Walkout basement has bar area, large family room with fireplace, full bathroom with shower, laundry room and large closet for storage. Andersen Windows installed in 2020. New Roof in 2024. This property has riding trails throughout and is located across the street from Shelby Trails. Home is also wired for a generator and will convey with property. Call today to schedule your appointment to see this unique one of a kind property.
MlsNumber:	--
ListingId:	1706280

Listing Provided By:	Abbot Realty & Auction
Phone:	(502) 633-5321
Office Phone:	(502) 633-5321
Agent Name:	Teresa Barnes
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.

Free Foreclosure Listings

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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.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.