1027 Morris Dr Richmond, KY 40475
Estimated payment $436/month
About This Lot
PRICE JUST REDUCED - NOW $77,400! 2.56 Acres | Walkout Basement Potential | Northern Madison County Don't miss this value-packed homesite in fast-growing Northern Madison County. This 2.56-acre residential lot offers the ideal blend of cleared space and mature woods—ready for your build while maintaining privacy and a scenic backdrop. The gentle slope is perfectly suited for a walkout basement design, and there's ample room for a detached garage, workshop, or additional outdoor living space. Conveniently positioned with quick access to Lexington, Winchester, and Richmond, this location combines peaceful country living with commuter-friendly convenience. New construction is underway across the road and established homes sit behind the property, adding to long-term value and neighborhood appeal. Now offered at just $77,400 after recent price reduction—well below typical pricing for this location and acreage. Opportunities like this are becoming harder to find. Secure your build site in one of Madison County's most desirable growth corridors.
Property Details
Property Type
- Land
Lot Details
- 2.56 Acre Lot
Community Details
- Ashwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 0051-0002-0087
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $236 | $25,000 | $0 | $0 |
| 2024 | $120 | $12,500 | $0 | $0 |
| 2023 | $121 | $12,500 | $0 | $0 |
| 2022 | $122 | $12,500 | $0 | $0 |
| 2021 | $124 | $12,500 | $0 | $0 |
| 2020 | $126 | $12,500 | $0 | $0 |
| 2019 | $127 | $12,500 | $0 | $0 |
| 2018 | $127 | $12,500 | $0 | $0 |
| 2017 | $126 | $12,500 | $0 | $0 |
| 2016 | $125 | $12,500 | $0 | $0 |
| 2015 | -- | $12,500 | $0 | $0 |
| 2014 | -- | $12,500 | $0 | $0 |
| 2012 | -- | $12,500 | $12,500 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/09/2026 02/09/26 | Price Changed | $77,400 | -0.6% | -- | |
| 09/08/2025 09/08/25 | Price Changed | $77,900 | -1.3% | -- | |
| 03/17/2025 03/17/25 | For Sale | $78,900 | +215.6% | -- | |
| 06/07/2024 06/07/24 | Sold | $25,000 | 0.0% | -- | View Prior Sale |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- | |
| 04/25/2024 04/25/24 | For Sale | $25,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,400 | Law Blevins | |
| Warranty Deed | $12,400 | Law Blevins |
About the Listing Agent
I love real estate and helping others achieve the American dream. I have a flair for design and have personally bought and sold numerous properties. So, I understand how overwhelming it may seem. I am willing and able to help you through one of the most important transactions of your life. Not only do I understand the real estate market; I am a CPA with a vast understanding of finances and affordability. I retired from the IRS and can provide tax advice as part of your real estate transaction.
Carla's Other Listings
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25005037
APN: 0051-0002-0087
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Ask me questions while you tour the home.