#132741, Teresa Purcell, Listing office: Elite Realty
Property details
About 35 Wallace Cemetery Ln
This is a gorgeous double lot property located near the lake. Unfortunately, the house was taken by the tornado in December 2021. ALL UTILITIES HAVE BEEN CHECKED AND HAVE BEEN IN USE ON AN RV. There are two access points to the property and it is located on a dead-end road giving it a more private feel. The property had the foundation for an attached and detached garage making it perfect for a tiny home!! A structural engineer has approved walls being built to finish out the basement. The double lot means you can have two homes built or split it up! You will be able to enjoy the private lake that is apart of the subdivision. Do not miss the perfect investment opportunity in a PRIME lake location!!
Highlights
Home typeResidential Land
StatusActive
Lot size1.72 Acres
MLS #131878
Summary
- List Price: $75,000
- Annual Tax Amount: $186
- Tax Year: 2023
- Lot: Dead End Street
- Directions: Head north on S 5th st. Toward Main St. Take US-641 N. KY-1462/Benton Birmingham’s Rd and State HWY 963 to Autumn Ln in Marshall County. Continue straight and Wallace Cemetery Lane is ahead. The property is on your left.
- Lot Size: 1.72 Acres
- MLS Number: 131878
- Office Name: Harris Real Estate & Auction
- Listing Agent: Jessica Canestrini
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2025 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 2:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 23, 2020 | Home Sold | $183,500 |
| Jun 27, 2016 | Home Sold | $165,000 |
| Aug 21, 2014 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $18,000 | $186 |
| 2022 | $18,000 | $355 |
| 2021 | $168,500 | $2,001 |
| 2019 | $150,000 | $1,813 |
| 2018 | $150,000 | $1,820 |
| 2017 | $150,000 | $1,822 |
History based on county public records data.
Nearby schools
5
Central Elementary School
Public District PK-5
4.9 mi
•115 Jim Goheen Dr
2
Jonathan Elementary School
Public District PK-5
5.7 mi
•9207 US Highway 68 E
5
Benton Elementary School
Public District PK-5
7.3 mi
•208 W 11th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,767. Most Gilbertsville, KY residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
23%
<35k
58%
35k-100k
17%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
6%
Single, with Kids
49%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 35 Wallace Cemetery Ln
The listing price of 35 Wallace Cemetery Ln property is $75,000.
The property 35 Wallace Cemetery Ln is land located in Gilbertsville, Kentucky, 42044.
Active Listing: 35 Wallace Cemetery Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 35 Wallace Cemetery Ln are: Central Elementary School (GreatSchools Rating 5/10), Jonathan Elementary School (GreatSchools Rating 2/10), Benton Elementary School (GreatSchools Rating 5/10), North Marshall Middle School (GreatSchools Rating 7/10), South Marshall Middle School (GreatSchools Rating 6/10), Lyon County Middle School (GreatSchools Rating 8/10), Marshall County High School (GreatSchools Rating 5/10), Mc@Home (GreatSchools Rating 1/10), Lyon County High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $186 (source: MLS/based on county public records data).
The last sale was on October 23, 2020 for $183,500 (source: MLS/tax record).
The property 35 Wallace Cemetery Ln is 1.72 acres.
This home is located at 35 Wallace Cemetery Ln in Gilbertsville, KY and zip code 42044. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $75,000.
In July 2025 more than 0 listings in Gilbertsville, KY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In July 2025 in Gilbertsville, KY there were 8.9% less homes for sale than in June.
From Rocket Homes Real Estate and based on county public records data.