112 Salter Road

Berea, KY
$ 195,000 Beds 3 Baths 1.5 Sq 1,125
Monthly Estimate* How much can I afford?

OPPORTUNITY KNOCKS! Whether you're a first-time home buyer ready to stop renting and start building equity or an investor searching for a property with outstanding potential, this all-brick ranch 3 BR 1.5 BA with garage on a FULL UNFINISHED WALKOUT BASEMENT offers a combination of space, functionality and opportunity that's hard to ignore! Roof is 3 years old and HVAC 8 years old! Step inside to a large, light-filled living room with NEW CARPET, neutral colors and multiple windows providing plenty of natural light. The living room flows into a separate dining area with new carpet, ceiling fan and sliding glass doors leading directly to the rear deck. The bright eat-in kitchen offers plenty of cabinet and counter space along with a double-bowl sink, dishwasher, range, microwave and refrigerator. The bedrooms continue the home's clean, neutral feel with NEW CARPET in multiple bedrooms, good natural light and closet storage, while another bedroom features attractive wood-look plank flooring. And there's even more downstairs! The walk out basement provides an incredible amount of additional space and flexibility. Use it for storage, a workshop, hobbies or recreation—or explore the possibilities for future finished living space. A distinctive stone fireplace creates a fantastic focal point, while the laundry area and direct exterior access add functionality. Outside, you'll find another highlight—a spacious backyard surrounded by mature trees and beautiful green views. The large rear deck, conveniently accessed from the dining area, provides a great spot for grilling, relaxing or enjoying the outdoor setting. The walkout basement provides additional direct access to the backyard. For first-time buyers, this home offers room to grow, personalize and build equity over time. For investors, the combination of all-brick construction, attached garage, full walkout basement, large backyard and value-add potential makes this one especially compelling. So much potential inside and out—bring your ideas and make this property your own! Located minutes from Richmond, Berea and I-75.

Contingent

  • Price
  • $ 195,000
  • City
  • Berea
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • Madison
  • Half Bathrooms
  • 1
  • Area
  • 008 - Madison County
  • Lot Size
  • 0.51 Acres
  • Zip
  • 40403
  • Sqr Footage
  • 1,125
  • Year Built
  • 1972
  • Style
  • Ranch
  • MLS#
  • 26026639
Listed By: Keller Williams Legacy Group - 859-544-6175
Data Source: ImagineMLS

Features

General

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Electric
Utilities Electricity Connected,Natural Gas Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Microwave,Range,Refrigerator
Garage Spaces 1
Patio/Porch Features Deck
Architectural Style Ranch
Construction Materials Brick Veneer
Year Built 1972
Levels One
Property Subtype Single Family Residence
Parcel Number 071A-0000-0006
County Madison
New Construction No
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Executive Park
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Contingent
Directions From Richmond US 25 South past Duncannon Approx 3.7 miles turn right on Menelaus Rd., turn right on Salter Rd., house on the right
High School Madison So
City Berea
High School District Madison County - 8
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 19472
Carport Y/N false
Elementary School Kirksville
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Farristown
MLS Area Minor 008 - Madison County
Lease Considered Y/N No
Rent Control Y/N No
Structure Type House
Standard Status Pending
MobileHomeRemainsYN No
Senior Community None
Sewer_co_Public_sp_Sewer true

Interior Features

Interior Amenities Ceiling Fan(s),Primary Downstairs
Basement Full,Sump Pump,Walk-Out Access
Flooring Carpet,Laminate,Vinyl
Total Fireplaces 1
Fireplace Features Basement
Basement (Y/N) Yes
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Fireplace Y/N true
Above Grade Finished Area 1125
Half Baths 1
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
LivingAreaSource Listing Agent Measured
Total Baths 2
Heating-Forced Air true
Heating-Natural Gas true

Exterior Features

Fencing Chain Link
Parking Features Attached Garage
Lot Features Few Trees
Water Source Public
Lot Size Area 0.51
Foundation Details Block
Building Area Total 1125
Lot Size Acres 0.51
Lot Size Source Public Records
Waterfront Y/N false
Door Features Storm Door(s)
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lexington, KY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School
Middle School
High School

Price History

9/26/2026 Listed $195,000

Property vs Zip Code Average in 40403

Price
AVG $310K
$200K
Year Built
AVG 2082
1972

Areas That We Cover

112 Salter Road Berea, KY is a Single Family Home for sale at $195000 with 1125 sqft and a lot size of 0.51 Acres Acre(s). 112 Salter Road Berea has 3 bedrooms, 1 baths and was built in 1972. The property's zip code is 40403 which is in Berea, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.