112 Salter Road
Berea, KY, 40403 $ 195,000
Bedrooms3 Baths1.1 Sq 1,125 Monthly Estimate*
$ 1,231
for $195,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,125 square foot home was built in 1972 on a lot size of 0.51.
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.
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FeaturesInteriorInterior 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) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Storm Window(s)
Fireplace Y/N Y
Above Grade Finished Area 1125.0
Half Baths 1
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2
Heating-Forced Air True
Heating-Natural Gas True
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GeneralSewer 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 1.0
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 N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Executive Park
Garage Y/N Y
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 19472.0
Carport Y/N N
Elementary School Kirksville
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Farristown
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Pending
Senior Community None
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ExteriorFencing Chain Link
Parking Features Attached Garage
Lot Features Few Trees
Water Source Public
Lot Size Area 0.51
Foundation Details Block
Building Area Total 1125.0
Lot Size Acres 0.51
Lot Size Source Public Records
Waterfront Y/N N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Legacy GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,231
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Berea, KY
Average List Price $300,233
Percent of Sale Price 54%
About Berea, KY 14,262 Population
24% Since 2002
$ 41,900 Median Income
34.74 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
3289686 Elementary School
3292774 Middle School
Madison So High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2026 | $195,000 | | Listed Price |
112 Salter Road, Berea, KY, 40403 is a Single Family Home for sale at $195,000 with 1,125 sqft and a lot size of 0.51. 112 Salter Road has 3 bedrooms, 1.1 baths, and was built in 1972. The property's zip code is 40403 which is in Berea, KY