2505 Lancaster Rd Richmond, KY 40475
6
Beds
4.5
Baths
7,115
Sq Ft
5
Acres
Highlights
- In Ground Pool
- Fireplace in Primary Bedroom
- Wood Flooring
- Kirksville Elementary School Rated 9+
- Rural View
- Bonus Room
About This Home
As of April 2025Welcome to your dream home! Exquisite design & modern updates offer the perfect blend of comfort, style, and functionality. The grand two-story foyer sets the tone for elegance. Hardwood floors add warmth & sophistication. The living room is filled with natural light and provides access to your spacious deck & sunroom. A chef's kitchen features stunning marble countertops, a breakfast bar, & cozy built-in space for casual meals. The first floor primary is a private retreat, complete with updated bath & custom closet. Five additional bedrooms provide plenty of space for family & guests. The home office is a quiet retreat for productivity with floor-to-ceiling built-ins. The basement apartment is perfect for guests, offering privacy & comfort with a kitchen, full bath, expansive bedroom, & living space of its own. Don''t miss the built-in playhouse! The basement also includes a storm shelter & exercise room. Several bonus rooms give you the opportunity to tailor the spaces to suit your needs. Situated on five acres with mature trees and four board fencing, you have you have your own outdoor oasis complete with a zip line, tree house, raised garden beds & an in-ground pool.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,605
Year Built
- Built in 1995
Lot Details
- 5 Acre Lot
- Wood Fence
- Wire Fence
Parking
- 3 Car Garage
- Driveway
Home Design
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Entrance Foyer
- Great Room with Fireplace
- Family Room
- Dining Room
- Home Office
- Bonus Room
- Utility Room
- Washer and Electric Dryer Hookup
- Rural Views
Kitchen
- Breakfast Bar
- Double Oven
- Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Stubbed For A Bathroom
Outdoor Features
- In Ground Pool
- Porch
Schools
- Kirksville Elementary School
- Farristown Middle School
- Madison So High School
Utilities
- Cooling Available
- Geothermal Heating and Cooling
- Septic Tank
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 0044-0000-0008-K
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2024
Closed on
Apr 4, 2025
Sold by
Wells Bradley Kyle and Wells Christi
Bought by
Sowers Christopher Scott and Sowers Lorin Aleah
Seller's Agent
Paige Wilson
The Brokerage
Buyer's Agent
Delma Peercy
BlueHorse Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,286
Avg. Annual Appreciation
-3.86%
Original Mortgage
$1,700,000
Outstanding Balance
$1,695,593
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$513,879
Purchase Details
Closed on
Jan 19, 2023
Sold by
Berry Grace B
Bought by
Casey Bobby W
Purchase Details
Closed on
Jul 8, 2010
Sold by
Madison Bank
Bought by
Duffy Kevin and Duffy Victoria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.73%
Mortgage Type
Seller Take Back
Similar Homes in Richmond, KY
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | None Listed On Document | |
| Deed | $1,200,000 | None Listed On Document | |
| Deed | $34,000 | -- | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,700,000 | Credit Line Revolving | |
| Closed | $1,677,000 | Credit Line Revolving | |
| Previous Owner | $411,000 | New Conventional | |
| Previous Owner | $398,000 | New Conventional | |
| Previous Owner | $390,000 | Construction | |
| Previous Owner | $360,000 | Seller Take Back | |
| Previous Owner | $58,500 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $450,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $1,200,000 | -7.7% | $169 / Sq Ft |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
| 12/27/2024 12/27/24 | For Sale | $1,300,000 | +122.2% | $183 / Sq Ft |
| 07/24/2015 07/24/15 | Sold | $585,000 | 0.0% | $77 / Sq Ft |
| 06/21/2015 06/21/15 | Pending | -- | -- | -- |
| 05/26/2015 05/26/15 | For Sale | $585,000 | -- | $77 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $5,605 | $585,000 | $0 | $0 |
| 2023 | $5,675 | $585,000 | $0 | $0 |
| 2022 | $5,692 | $585,000 | $0 | $0 |
| 2021 | $5,797 | $585,000 | $0 | $0 |
| 2020 | $5,919 | $585,000 | $0 | $0 |
| 2019 | $5,948 | $585,000 | $0 | $0 |
| 2018 | $5,945 | $585,000 | $0 | $0 |
| 2017 | $5,881 | $585,000 | $0 | $0 |
| 2016 | $5,835 | $585,000 | $0 | $0 |
| 2015 | $3,265 | $335,500 | $0 | $0 |
| 2014 | $3,211 | $335,500 | $0 | $0 |
| 2012 | $3,211 | $335,500 | $35,500 | $300,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Wilson
P
Seller's Agent in 2025
Paige Wilson
The Brokerage
(859) 559-6286
86 Total Sales
-
Delma Peercy
Buyer's Agent in 2025
Delma Peercy
BlueHorse Realty
(859) 661-5117
39 Total Sales
-
E
Seller's Agent in 2015
Elizabeth Rice
RE/MAX
-
Pat Borg
Buyer's Agent in 2015
Pat Borg
Weesner Properties, Inc.
(859) 421-9911
86 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 24026079
APN: 0044-0000-0008-K
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The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.
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