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397 State Route 408

Hickory, KY 42051

3 bd 2 ba 1,180 sqft Built 1970 Lot 34,412 sqft single_family
Most recent sale
$64,000
Oct 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2024 Listing removed WesternKentucky
Mar 11, 2024 Listed $139,000 WesternKentucky
Oct 2, 2023 Sold $64,000 Public Record
Sep 1, 2000 Sold $56,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,000 $133,000 $1,100
2023 $64,000 $64,000 $554
2022 $64,000 $64,000 $564
2021 $64,000 $64,000 $570
2020 $56,900 $56,900 $513
2019 $56,900 $56,900 $506
2018 $56,900 $56,900 $496
2017 $56,900 $56,900 $490
2015 $56,900 $461
2014 $56,900 $450
2012 $56,900 $398
2011 $56,900 $436
2008 $56,900 $4,648

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
34,412 sqft
ZIP code
42051
City
Hickory
Street
State Route 408
Coordinates
36.85490, -88.65924

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$384
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 397 State Route 408 last sell?
397 State Route 408 most recently sold on Oct 2, 2023 for $64,000.
What is the current tax assessment for 397 State Route 408?
The most recent total assessment for 397 State Route 408 (year 2025) is $133,000 with $1,100 in property tax.
How does 397 State Route 408's assessment compare to its last sale price?
The current assessment is 107.8% above the last sale price of $64,000.
When was 397 State Route 408 built?
397 State Route 408 was built in 1970.
How does 397 State Route 408 compare to others on State Route 408?
We track 8 other properties on State Route 408. Browse the list under "Other properties on State Route 408" to compare beds, baths, and sale history.
What are the property facts for 397 State Route 408?
397 State Route 408 is a 3 bed, 2 bath, 1,180 sqft, 34,412 sqft lot single_family.
Is 397 State Route 408 a flip candidate?
No — 397 State Route 408 does not appear in our flips dataset.
Is 397 State Route 408 a tax-appeal candidate?
Yes — 397 State Route 408 appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+7.8%
2025 Q2
$163.7K
2025 Q3
$166.5K
ZIP 42051 — Median Price History + Forecast

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