NOT LISTED FOR SALE

2308 N Middletown Rd Paris, KY 40361

North Middletown Area

Estimated Value: $673,000 - $1,611,000

6 Beds
7 Baths
-- Sq Ft
1,025 Acre Lot

Sale Details

Date Sold: June 24, 2019

Last sale price $7,000,000

Current estimated payment $6,166 / mo

84 Days on Market

Highlights

  • Guest House
  • 72 Horse Stalls
  • Wooded Lot
  • 20 Paddocks and Pastures
  • 1,025 Acre Lot
  • Wood Flooring

About This Home

As of June 2019

Xalapa is one of the most stunning and beautiful Estates in Kentucky. With over 1,025 acres, built in the early 20th Century with entrepreneur Edward F. Sims' vision to create a self-sufficient estate, with abundant water sources, building materials and rich soil. The property was purchased from the founding family by the current owners in 2007, who began restoring the property to it's original glory. Exceptional improvements include the historic brick and stone main residence, Buckner House, along with an expansive five-bedroom log residence, stone Gardener's House, modern office, tennis court, swimming pool, extensive gardens designed by famed landscape architect Jens Jensen. The property has been used for decades as a top-quality equine facility, including broodmare barns, yearling barns, a historic stone training barn with adjacent one mile training track. Featured in the movie Seabiscuit. The entire property has been carefully renovated, ready for its next fortunate steward.

Last Agent to Sell the Property

Tom Biederman

Biederman Real Estate License #186255 Listed on: 02/25/2019

Last Buyer's Agent

Tom Biederman

Biederman Real Estate License #186255 Listed on: 02/25/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 1840

Lot Details

  • 1,025 Acre Lot
  • Plank Fence
  • Stone Wall
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned AR

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Workshop
  • Utility Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Farming

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

Horse Facilities and Amenities

  • 72 Horse Stalls
  • Run-In Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Cistern
  • The stream is a source of water for the property
  • The lake is a source of water for the property
  • Septic Tank

Additional Features

  • 20 Paddocks and Pastures
  • Guest House
  • In Flood Plain

Community Details

  • Rural Subdivision

Property Details

Property Type

Other

Year Built

Built in 1840

Lot Details

1,025 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Year Built: 1840
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Water Source:Lake(s): Yes
  • Farm Improvements:Silo(s): Yes
  • Farm Improvements:Training Track: Yes
  • Lot: Lot Size Acres: 1025.0
  • Lot: Lot Size Square Feet: 44649041.0
  • Levels: One and One Half: Yes
  • Other Sold Info: New Construction YN: No
  • Lot Features: Gentle Sloping: Yes
  • Fencing: Stone: Yes
  • Tax Legal: Zoning: AR
  • Lot Features: Bottomland: Yes
  • Cooling: Central Air: Yes
  • Room Types: Utility Room: Yes
  • Room Types: Foyer: Yes
  • Room Types: Den: Yes
  • Fencing: Plank: Yes
  • Horse Amenities: Barn: Yes
  • Other Structures: Workshop: Yes
  • Farm Improvements: Equipment Building(s): Yes
  • Other Structures Info: Number Of Stalls: 72
  • Housing: Guest: Yes
  • Other Structures Info: Number Of Paddocks: 20
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Entrance Foyer
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Basement: Yes
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Lot Size Area: 1025.0
  • Possible Use: Recreational, Pasture, Horses, 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
  • Room Types: Family Room: Yes

Exterior Features

  • Fencing: Stone, Plank
  • List Price: 9875000.0
  • Lot Features: Wooded, Bottomland, Gentle Sloping
  • Other Structures: Workshop
  • Lot Features:Wooded: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Cistern, Public, Creek(s), Lake(s)
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: 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
  • Water Source: Cistern: Yes

Lot Info

  • Topography: Gentle Sloping, Wooded
  • Current Use: Pasture, Horses, Agricultural
  • Horse Amenities: Barn
  • Lot Size Acres: 1025.0
  • Lot Size Sq Ft: 44649041.0

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
Feb 25, 2019
Closed on
Jun 24, 2019
Sold by
Bought by
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Tom Biederman
Biederman Real Estate
List Price
$7,000,000
Sold Price
$7,000,000
Current Estimated Value
$1,029,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,970,184
Avg. Annual Appreciation
-23.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
$933,333 None Available
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
Open $501,580
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
06/24/2019 06/24/19 Sold $7,000,000 0.0% --
05/20/2019 05/20/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $7,000,000 -- --
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 $6,657 $577,568 $16,885 $560,683
2024 $6,727 $577,568 $16,885 $560,683
2023 $6,789 $735,033 $174,350 $560,683
2022 $6,516 $735,033 $174,350 $560,683
2021 $7,041 $735,033 $174,350 $560,683
2020 $7,271 $735,033 $174,350 $560,683
2019 $1,986 $757,000 $572,000 $185,000
2018 $2,058 $757,000 $572,000 $185,000
2017 $1,933 $747,000 $572,000 $175,000
2016 $1,913 $0 $0 $0
2015 $1,870 $188,330 $13,330 $175,000
2014 $1,789 $188,330 $10,330 $178,000
2011 $1,789 $188,330 $10,330 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1900508

ImagineMLS (Bluegrass REALTORS®)

APN: 055-00-00-026.00

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