NOT LISTED FOR SALE

1685 Lexington Rd Lancaster, KY 40444

Lancaster Area

Estimated Value: $737,005

3 Beds
3 Baths
2,874 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2023

Last sale price $650,000 $226 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,780 / mo

75 Days on Market

Highlights

  • 62.3 Acre Lot
  • Hilly Lot
  • Ranch Style House
  • Views of a Farm
  • Farm
  • Wood Flooring

About This Home

As of January 2023

62.295 acre farm with Ranch on a Basement up for grabs for the first time in almost 35 years! Conveniently located off HWY27 just on the outskirts of town. The land is currently being used for hay & has been used for cattle in years past. While the drive from the home to the top of farm is inclined- once to the top- the farm is level and provides breathtaking views. *Many ideal spots to build a separate custom home- or a few! (Other entrance points an option with added bridge.) This Farm is currently divided in 3 fields, all of which are fenced and have automatic waterers- property is further supplied water by a natural spring. *In Addition; This property offers a 38x48 detached shop with finished room/kitchenette and a LARGE Brick Ranch complete with 3 bedrooms, 3 full baths & partially finished walk up basement complete with its own kitchen and LOADS of storage! (Including a secret/hidden room!) Home has been freshly painted & deep cleaned to leave the new owners with a blank slate! If you're looking for a place to expand & make your own- this is the one! (See attached Documents for all kinds of additional info!!)

Last Agent to Sell the Property

Madalynn Davis

The Brokerage License #264755 Listed on: 09/01/2022

The Brokerage

Last Buyer's Agent

Madalynn Davis

The Brokerage License #264755 Listed on: 09/01/2022

The Brokerage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 62.3 Acre Lot
  • Level Lot
  • Hilly Lot

Property Views

  • Farm
  • Rural

Home Design

  • Ranch Style House

Interior Spaces

  • 2,874 Sq Ft Home
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lancaster Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Farming

  • Farm
  • Grain Storage

Horse Facilities and Amenities

  • Run-In Shed

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-12

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

62.3 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 2874.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • View:Rural: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Lot: Lot Size Acres: 62.295
  • Lot: Lot Size Square Feet: 2713570.0
  • Tax Legal: Elementary School: Lancaster
  • Tax Legal: Middle Or Junior School: Garrard Co
  • Tax Legal: High School: Garrard Co
  • Other Sold Info: New Construction YN: No
  • Levels: One: Yes
  • Lot: View YN: Yes
  • View: Farm: Yes
  • Lot Features: Level: Yes
  • Lot: Lot Size Dimensions: See plat
  • Lot Features: Hilly: Yes
  • Land Details: Farm With House YN: Yes
  • Cooling: Central Air: Yes
  • Room Types: Bonus Room: Yes
  • Other Structures: Grain Storage: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace: Yes
  • LivingArea: 2874.0
  • Lot Size Area: 62.3
  • Possible Use: Pasture, Cattle, Agricultural
  • Interior Features:Entrance Foyer: Yes
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Room Types: Living Room: Yes
  • Room Types: Dining Room: Yes

Exterior Features

  • Fencing: Other
  • List Price: 699000.0
  • Lot Features: Hilly, Level
  • Other Structures: Grain Storage
  • View: Farm, Rural
  • View YN: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Electric, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Ceiling: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Natural Gas Connected: Yes
  • Heating: Natural Gas: Yes
  • Heating: Electric: Yes
  • Utilities: Water Connected: Yes

Schools

  • Elementary School: Lancaster
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Topography: Hilly, Level
  • Lot Dimensions: See plat
  • Current Use: Pasture, Agricultural
  • Lot Size Acres: 62.3
  • Lot Size Sq Ft: 2713570.0
  • Parcel Number: 27-12

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 20, 2023
Sold by
Bought by
Seller's Agent
Madalynn Davis
The Brokerage
Buyer's Agent
Madalynn Davis
The Brokerage
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Views
105
Current Estimated Value
$737,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,005
Source: Public Records

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 Buyer Sale Price Title Company
$650,000 None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $375,000
Previous Owner $275,000
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
01/25/2023 01/25/23 Sold $650,000 -7.0% $226 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
09/05/2022 09/05/22 Price Changed $699,000 -6.7% $243 / Sq Ft
09/01/2022 09/01/22 For Sale $749,000 -- $261 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $57,838 $5,460,000 $460,000 $5,000,000
2024 $57,838 $650,000 $460,000 $190,000
2023 $1,915 $175,000 $35,000 $140,000
2022 $1,485 $175,000 $35,000 $140,000
2021 $1,516 $175,000 $35,000 $140,000
2020 $1,525 $175,000 $35,000 $140,000
2019 $1,419 $165,000 $25,000 $140,000
2018 $1,437 $165,000 $25,000 $140,000
2017 $1,434 $165,000 $25,000 $140,000
2016 $1,415 $165,000 $25,000 $140,000
2012 $1,411 $165,000 $25,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22019619

ImagineMLS (Bluegrass REALTORS®)

APN: 27-12

Your Personal Tour Guide

Ask me questions while you tour the home.