LOUISVILLE, Ky. (WHAS11) – When Ted Lyons purchased his Buechel home in 2005, he had no idea the area was prone to sinkholes.
"Inside the garage, there are two concrete slabs,” Lyons said.”The rear one has dropped more than the front [slab], but they are both eventually going to fall into the ground"
In August 2012, his insurance company sent a geologist to survey the property who said his home is in fact on top of a sinkhole.
According to a map provided by the Kentucky Geological Survey, the dark blue areas have a high potential for sinkhole development in Kentucky.
"I will be very honest with you,” Lyons said. “I am very much afraid that we are going to have an incident like what happened down in Florida."
Geologist James Currens with the Kentucky Geological Survey says that is not likely since the soil in Kentucky is much different than Florida. He says the average cover-collapse sinkhole in Kentucky is seven feet in diameter.
"When he [the geologist] came in August and did the surveying of the property,” Lyons said. “[He] told us that it was a sinkhole and that it was unable to be fixed. I was at a loss."
Lyons says the value of his property went from $140,000 to $0 because the home is unable to be sold according to his lender. He will end up losing about $35,000 of equity.
"It is devastating, because it is not just the money,” said Lyons.” I am out all of my investment in the house. I am going to have to start all over again. I mean I am starting at zero and I am going to have to start over with a new home hopefully somewhere and to continue my life raising my grandson."
Lyons says he has tried to call several local and state agencies for help, but with no success. He says his bank lender will secure the property on April1st, which means he will have to find a new place to live within the next three weeks.