1027 Morris Dr Richmond, KY 40475
Estimated payment $422/month
Total Views
23,001
2.56
Acres
$30,430
Price per Acre
111,514
Sq Ft Lot
About This Lot
2.56 Acre Walkout Basement Lot - Northern Madison County, KY Discover the perfect setting for your dream home on this 2.56-acre residential lot, ideally located in Northern Madison County with convenient access to Lexington, Winchester, and Richmond. This property has been partially cleared, making way for a home site while preserving a beautiful wooded backdrop for privacy. The gently sloping terrain is ideal for a walkout basement design, and the lot is spacious enough to accommodate both a home and a detached garage if desired. The rear of the property backs up to existing homes, and numerous new builds are taking shape just across the road, adding to the area's appeal. Offered at a price well below market value for the location, this lot presents an exceptional opportunity to build in a desirable, growing community.
Property Details
Property Type
- Land
Est. Annual Taxes
- $120
Lot Details
- 2.56 Acre Lot
Community Details
- Ashwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 0051-0002-0087
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 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
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,400 | Law Blevins |
Source: Public Records
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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