NOT LISTED FOR SALE

Estimated Value: $271,000 - $1,257,074

2 Beds
2 Baths
-- Sq Ft
150 Acres

Last Sold October 15, 2021

Last sale price $1,320,000

Est. 42% decrease in value since last sale

Current estimated payment $4,552/month

658 Days on Market

Highlights

  • 150 Acre Lot
  • Fenced
  • Farm
  • The pond is a source of water for the property

About This Home

As of October 2021

Just a few miles down the road from iconic Claiborne Farm, in historic Bourbon County Kentucky, nursery to some of the finest Thoroughbreds in the world, Forbush Farm has a proven history as a working Thoroughbred Farm. This farm offers a 19 stall training barn, that includes an office, tack room, and wash stall. There is an additional 14 stall barn, for a total of 33 stalls, which includes two foaling stalls. This 150 +/- acre farm has 8 fields, 7 paddocks, 1 catch pen, round pen, automatic waterers, a pond, streams, and 2 wells for mineral rich water. From the minute you drive down the long tree lined drive, you will realize that this farm, conveniently located minutes from the Thoroughbred Center and The Kentucky Horse Park, could be the farm you have been looking for!

Last Agent to Sell the Property

Christopher Odgers

WEICHERT REALTORS - ABG Properties Listed on: 11/08/2019

Last Buyer's Agent

Hill Parker

Turf Town Properties License #203313

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,062

Lot Details

  • 150 Acre Lot
  • Fenced

Home Design

  • Farm

Schools

  • Bourbon Central Elementary School
  • Bourbon Co Middle School
  • Bourbon Co High School

Utilities

  • The pond is a source of water for the property
  • The stream is a source of water for the property
  • Well
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-00-00-031.00

Property Details

Property Type

Other

Est. Annual Taxes

$5,062

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Lot Size Area: 150.0
  • Possible Use: Horses

Exterior Features

  • Fencing: Other, Plank
  • List Price: 1500000.0
  • Lot Features: Gentle Sloping

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Phone Available, Water Available
  • Water Source: Well, Creek(s), Pond(s)
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Bourbon Central
  • High School: Bourbon Co
  • Middle or Junior School: Bourbon Co

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Pasture, Horses
  • Horse Amenities: Hay Storage, Barn
  • Lot Size Acres: 150.0
  • Lot Size Sq Ft: 6534006.0
  • Parcel Number: 019-00-00-031.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Oct 15, 2021
Sold by
Forbush Richard J
Bought by
Sruth Fuisce Llc
Seller's Agent
Christopher Odgers
WEICHERT REALTORS - ABG Properties
Buyer's Agent
Hill Parker
Turf Town Properties
List Price
$1,450,000
Sold Price
$1,320,000
Premium/Discount to List
-$130,000
-8.97%
Current Estimated Value
$764,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$555,963
Avg. Annual Appreciation
-13.14%

Purchase Details

Closed on
Dec 22, 2005
Sold by
Forbush Ilene Seader
Bought by
Forbush Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,600
Interest Rate
6.19%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sruth Fuisce Llc $1,320,000 Irvin Rigsby Plc
Forbush Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forbush Richard J $33,199
Previous Owner Forbush Richard J $10,000
Previous Owner Forbush Richard J $693,523
Previous Owner Forbush Richard J $540,209
Previous Owner Forbush Richard J $569,267
Previous Owner Forbush Richard J $565,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2024 11/10/24 Off Market $1,320,000 -- --
10/15/2021 10/15/21 Sold $1,320,000 -9.0% --
08/26/2021 08/26/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,450,000 0.0% --
07/26/2020 07/26/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $1,450,000 -- --
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
2024 $5,062 $527,300 $98,300 $429,000
2023 $5,007 $935,800 $834,400 $101,400
2022 $4,777 $935,800 $834,400 $101,400
2021 $4,593 $714,860 $632,460 $82,400
2020 $4,754 $714,860 $632,460 $82,400
2019 $1,524 $580,600 $534,600 $46,000
2018 $1,597 $580,600 $534,600 $46,000
2017 $1,580 $580,600 $534,600 $46,000
2016 $1,530 $0 $0 $0
2015 $1,495 $187,500 $145,500 $42,000
2014 $1,458 $187,500 $47,100 $140,400
2011 $1,458 $187,500 $47,100 $140,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1925943

ImagineMLS (Bluegrass REALTORS®)

APN: 019-00-00-031.00