$77,400
$2K PRICE DROP

1027 Morris Dr Richmond, KY 40475

Estimated payment $436/month

Total Views 162,672
2.56 Acres
$30,234 Price per Acre
111,514 Sq Ft Lot

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.

Listing Agent

Carla Treadway

Keller Williams Legacy Group License #297376 Listed on: 03/17/2025

Keller Williams Legacy Group

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

Property Details

Property Type

Land

Lot Details

2.56 Acres

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • Lot: Lot Size Acres: 2.56
  • Lot: Lot Size Square Feet: 111514.0
  • Tax Legal: Zoning: R-1
  • Property Details: Floodplain YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 2.56
  • Possible Use: Residential

Exterior Features

  • List Price: 77400.0

Lot Info

  • Current Use: Subdivision, Residential
  • Lot Size Acres: 2.56
  • Lot Size Sq Ft: 111514.0
  • Parcel Number: 0051-0002-0087

Map

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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
Source: Public Records

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 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

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
Source: Public Records

About the Listing Agent

Carla Treadway

Keller Williams Legacy Group

(859) 659-6114

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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.

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  • 1288 Maywood Park, Lexington, KY 40517

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    • 3 Beds
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    BACK ON THE MARKET DUE TO NO FAULT OF THE HOME; DEACON HILLS STUNNER | COMPLETELY RENOVATED | $334,900 Experience "better than new" living in the heart of Deacon Hills! This expansive 4-bedroom, 3-bath residence has been meticulously reimagined from top to bottom, offering 2,353 sq. ft. of pure modern elegance on a massive .48-acre lot. Step inside to discover a bright, open-concept floor plan

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  • 355 Bray Rd, London, KY 40741

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    One of the Lowest-Priced Homes in London, KY! Move-In-Ready! Space, Storage & Location! This well-maintained 3-bedroom, 2-bath home offers 1,736 square feet of comfortable living space on a .37-acre lot, making it one of the best values currently available in London. The home features a desirable layout with a spacious primary suite, including a large walk-in closet and private bath. Inside,

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25005037

ImagineMLS (Bluegrass REALTORS®)

APN: 0051-0002-0087

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