The lack of a title would slow me down a lot.
I don't know what the rules are in Kentucky, but here in Washington that truck isn't worth enough to deal with the title problem. I realize that's a harsh statement, but its a long difficult process here.
The $500 to $1,000 range would buy a truck like that here it it had a title. But without a title its going to be hard to sell as anything but a parts truck. And that takes the value down a lot.