WOW! Beautifully remodeled home! 5 bed, 3 bath, 3000 sq ft m/l home on 1 acre, completely remodeled and in MOVE-IN condition! Enter into an inviting and spacious great room, consisting of the living room, dining room, and kitchen. Kitchen features granite and live edge bar top and stainless appliances. Living room features stack stone fireplace and walk out to covered back deck. Spacious primary bedroom offers private bath with double vanity, walk in shower, free standing tub, lighted walk in closets. Split floor plan also offers on the main floor, 2 guest bedrooms, full bath and laundry room. Downstairs you'll find two bedrooms, one full bath, kitchen/living room with walk out to back yard, and garage entry...perfect space for mother in law suite . New roof, wdws, septic, flooring & more.
Single-familyProperty Type
1996Year Built
1 acresLot Size
$130Est. Price/Sq.Ft.
2 car garageParking
Listed by Kelly Latham• ReMax Country Living, LLC
•606-278-3207 (agent)
•kellylathamrealestate@yahoo.com (agent)
•931-864-3380 (broker)
•kellylathamrealestate@yahoo.com (broker)
Bought with Non Member Non Member• Non-Member Office
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Earn from this home
Rent
$2,248/mo
Redfin rental estimate
List your home for rent
Market trends in 42602, KY
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
94.2%
0.0% MoM
Median sale price
$231K
$56K MoM
Avg. days on market
183d
96 days MoM
Recently sold homes
8
0 MoM
Provided by Redfin
Sale history for 48 Penny Ln
Date
Event
Price
Knoxville MLS #1209834
Apr 21, 2023
Sold
$315,000
$105/sq ft
Mar 27, 2023
Contingent
—
Mar 7, 2023
Price Changed
$325,000
$108/sq ft
Mar 6, 2023
Price Changed
$349,900
$117/sq ft
Oct 24, 2022
Listed
$364,900
$122/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$2,621 (+279.1%)
2023
$691 (+0.5%)
2022
$688 (−10.8%)
2021
$772 (−0.2%)
2020
$773 (+1.0%)
2019
$766 (+0.8%)
2018
$760 (+4.9%)
2017
$724 (+1.2%)
2016
$716 (+5.6%)
2014
$678
Tax history for 48 Penny Ln
Year
Property tax
Land + Additions
Assessment*
2024
$2,621 (+279.1%)
2023
$691 (+0.5%)
2022
$688 (−10.8%)
2021
$772 (−0.2%)
2020
$773 (+1.0%)
2019
$766 (+0.8%)
2018
$760 (+4.9%)
2017
$724 (+1.2%)
2016
$716 (+5.6%)
2014
$678
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Sq. Ft.
1,800
Year built
1996
Style
Single Family Residential
County
Clinton County
APN
035-00-00-021.20
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Property details
Parking
Garage Information
Garage Spaces: 2
Attached Garage YN: Yes
Parking Features: Attached, Basement
Interior
Bathroom Information
Bathrooms Full: 3
Bathrooms Total Integer: 3
Basement Information
Basement: Finished, Walkout
Fireplace Information
FireplaceYN: Yes
Fireplaces Total: 1
Fireplace Features: Gas, Free Standing
Interior Features
Rooms Total: 10
Interior Features: Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
Appliances: Dishwasher, Refrigerator
Flooring: Laminate, Carpet, Tile
Exterior
Exterior Features
Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered
Construction Materials: Stucco, Block, Frame
Property Information
Property Sub Type: Residential
Property Attached YN: No
Living Area Source: Tax Records
Building Area Total: 3,000
Lot Information
Lot Size Acres: 1
Lot Size Square Feet: 43,560
Lot Size Source: Tax Records
Lot Features: Corner Lot, Irregular Lot
View: Mountain View, Country Setting
Financial
Tax Information
County Taxes: $708
Total Tax: $708
Utilities
Heating & Cooling
Heating YN: Yes
Heating: Central, Heat Pump, Electric
Cooling YN: Yes
Cooling: Central Cooling
Utility Information
Sewer: Septic Tank
Location
Location Information
Directions: From Clinton County Courthouse, travel North on Hwy 127 Bypass, turn right to merge onto Hwy 127 By pass, then right onto State Hwy 558. Travel .3 miles then right onto State Garage Road. In .8 miles, turn left onto Penny Lane, first house on the right. SOP
Unparsed Address: 48 Penny Lane, Albany, KY 42602
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,800
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: —
County: Clinton County
APN: 035-00-00-021.20
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Clinton County Middle School
Public 5-8 • Assigned • 2.4mi
5/10
Clinton County High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 102° expected this year, 21 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Alpha, KY • 42602
Average low and high temperatures (°F)
41
23
52
31
67
43
73
52
75
57
84
66
88
71
84
64
81
61
72
49
61
42
51
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 3.8 hours in December, placing it below the
U.S. average for solar exposure.