NOT LISTED FOR SALE

Estimated Value: $718,000 - $8,717,687

3 Beds
3 Baths
1,456 Sq Ft
$3,240/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $7,639,500 $5,247 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $26,992/month

205 Days on Market

Highlights

  • Water Views
  • 122 Horse Stalls
  • Farm
  • 40 Paddocks and Pastures
  • 280 Acre Lot
  • Ranch Style House

About This Home

As of October 2023

Premier training facility in North America located close to Keeneland and Lexington, Ky. Sitting on 280 acres in the heart of Central Kentucky this facility's location is convenient to all of the major Central Kentucky tracks and veterinary centers. Founded in 2012, the farm has been developed into a world-class training center.

Location details are: 10 miles to Keeneland, 10 miles to Hagyards, 66 miles to Churchill Downs,73 miles to Turfway Park.

Numerous improvements have been made that include new track, barns, roads, a turf course, a well to water the track, an extremely productive dove field, and
more.

Numerous trees and flowering bushes have been planted over the course of its new ownership.Thoughtfully, this masterpiece has become what you see today.

The farm has 6 barns on the 280 acre training facility, surrounded by 45 paddocks of varying sizes, round pens, and sand rings. This rare opportunity is the perfect environment to train thoroughbred athletes.. The Main house is located within the gates of the farm, with its own private entrance, fire pit and pond. 3bd/3bath, 2 car garage. Newly updated first floor bathroom and laundry room. New deck and newly finished basement floors. Garage features painted concrete floor with built in lockers. Two additional houses are located on Hedden Rd. Both houses are 3 bedroom and 2 bath.

Last Agent to Sell the Property

Ken Donworth

Bluegrass Sotheby's International Realty License #203898 Listed on: 02/21/2023

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Tom Biederman

Biederman Real Estate License #186255

Home Details

Home Type

  • Single Family

Lot Details

  • 280 Acre Lot
  • Plank Fence
  • Fenced
  • Gentle Sloping Lot
  • Property is zoned AR

Property Views

  • Water
  • Farm
  • Rural

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Farming

  • Horse or Livestock Barn
  • Equipment Barn
  • Farm
  • Silo

Horse Facilities and Amenities

  • 122 Horse Stalls
  • Hay Storage
  • Run-In Shed
  • Horse Track
  • Riding Ring

Utilities

  • Forced Air Heating System
  • Propane
  • Septic Tank
  • Cable TV Not Available

Additional Features

  • Workshop
  • 40 Paddocks and Pastures
  • Basement

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38-0000-55-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 9999
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • View:Rural: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Farm Improvements:Silo(s): Yes
  • Farm Improvements:Training Track: Yes
  • Farm Improvements:Outdoor Ring: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Yes
  • Total Bedrooms: 3
  • Lot Size Area: 280.0
  • Possible Use: Horses

Exterior Features

  • Fencing: Plank
  • List Price: 8250000.0
  • Lot Features: Gentle Sloping
  • Other Structures: Workshop
  • View: Farm, Rural, Water
  • View YN: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Not Available, Electricity Available, Natural Gas Available, Propane Available, Water Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Topography: Gentle Sloping
  • Lot Dimensions: 280.00 acres
  • Current Use: Other, Horses, Cattle, Agricultural
  • Horse Amenities: Hay Storage, Barn
  • Lot Size Acres: 280.0
  • Lot Size Sq Ft: 12196800.0
  • Parcel Number: 38-0000-55-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Oct 4, 2023
Sold by
Pacific Land Company Llc
Bought by
Ruis Ranch Of Ky Llc
Seller's Agent
Ken Donworth
Bluegrass Sotheby's International Realty
Buyer's Agent
Tom Biederman
Biederman Real Estate
List Price
$10,500,000
Sold Price
$7,639,500
Premium/Discount to List
-$2,860,500
-27.24%
Views
184
Current Estimated Value
$4,717,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,921,656
Avg. Annual Appreciation
-19.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruis Ranch Of Ky Llc $7,639,500 None Listed On Document
Ruis Ranch Of Ky Llc $7,639,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $7,639,500 -7.4% $5,247 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $8,250,000 -8.3% $5,666 / Sq Ft
06/13/2023 06/13/23 Price Changed $9,000,000 -5.3% $6,181 / Sq Ft
03/30/2023 03/30/23 Price Changed $9,500,000 -9.5% $6,525 / Sq Ft
02/21/2023 02/21/23 For Sale $10,500,000 -- $7,212 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2025 $30,807 $3,205,200 $0 $0
2024 $30,579 $3,014,800 $0 $0
2023 $19,235 $1,826,900 $0 $0
2022 $6,071 $572,400 $0 $0
2021 $6,134 $572,400 $0 $0
2020 $6,148 $572,400 $0 $0
2019 $6,001 $572,400 $0 $0
2018 $5,870 $565,800 $0 $0
2017 $5,757 $565,800 $0 $0
2016 $5,749 $565,800 $0 $0
2015 $5,692 $565,800 $0 $0
2010 -- $510,000 $46,200 $463,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23003076

ImagineMLS (Bluegrass REALTORS®)

APN: 39-0000-055-00