$500,000

262 Garner Rd Somerset, KY 42501

Estimated payment $2,978/month

Total Views 613
3.5 Acres
$142,857 Price per Acre
152,460 Sq Ft Lot

Highlights

  • Barn
  • 3.5 Acre Lot
  • Wood Flooring
  • In Ground Pool
  • Views of a Farm
  • Den

About This Lot

This outstanding 36± acre farm offers a unique combination of gently rolling hills, open pastures, and multiple potential uses, all in an excellent location close to town. Having supported cattle for many years, the land is well-suited for continued livestock operations or other small farming ventures. Several tracts provide beautiful building sites for small homes or hobby farms, and with the option to purchase multiple tracts together, the property also presents an excellent opportunity for future residential development. A scenic creek across the road adds to the appeal, and the layout of the tracts gives buyers flexibility to create their ideal setup-whether for farming, investment, or personal enjoyment. The centerpiece of the property is a large, elegant executive home situated on its own 3.51-acre tract. The main level features a spacious master suite, a well-appointed kitchen with abundant cabinetry and pantry space, a dining area, living room, sunroom, office, half bath, and a large utility room. Upstairs includes three bedrooms, two full bathrooms, and two oversized bonus rooms above the garage-perfect for storage, hobbies, or additional living space. An attached two-car garage provides convenience, while a large detached garage with lean-to sheds offers space for vehicles, trailers, equipment, and recreational gear. Outdoor amenities are equally impressive, with a large in-ground pool featuring a diving board, a beautiful patio, and a high-end outdoor kitchen set against sweeping farm views. The basement includes another garage, a workshop, storage rooms, a theatre/TV room, utility area, bathroom, and a large living space with direct pool access. The property is offered in seven tracts: Tract #1 - 10.30 Acres; Tract #2 - Home & 3.51 Acres; Tract #3 - 3.33 Acres; Tract #4 - 2.32 Acres; Tract #5 - 13.90 Acres; Tract #6 - 2.93 Acres; and Tract #7 - 0.69 Acres (Creek Tract). Buyers can bid on any single tract, multiple tracts, or the entire property, making this a truly versatile opportunity. Online bidding will be available Monday, September 1st, 2025.

Listing Agent

Matt Ford

Ford Brothers Inc. Auctioneers Listed on: 08/25/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,108

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • HardiePlank Siding
  • Stone Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Views of a Farm
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Septic Tank

Additional Features

  • 3.5 Acre Lot
  • Barn

Listing and Financial Details

  • Auction
  • Absolute Auction

Property Details

Property Type

Land

Est. Annual Taxes

$3,108

Lot Details

0

Parking

2

Listing Details

  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • ExteriorCoveredPorch: Yes
  • FloorHardwood: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatTypeGeoThermal: Yes
  • InteriorAmps: 0
  • IsAbsoluteAuction: Yes
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 700000
  • Lot Size Acres: 3.50
  • Number Of Stories: 0
  • OutbuildingBarn: Yes
  • OutbuildingShed: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PoolInground: Yes
  • PropertyCity: Somerset
  • PropertyTownship: Somerset
  • Prop. Type: Vacant Land
  • PropertyZipCode: 42501
  • PropertyZoneType: 0
  • Renovation Year: 0
  • RoofAsphalt: Yes
  • Dining Room: Yes
  • En Suite Room: Yes
  • Family Room: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Foyer: Yes
  • Kitchen: Yes
  • Laundry Room: Yes
  • Primary Bedroom: Yes
  • Walk In Closet: Yes
  • SaleTypeAuction: Yes
  • SForSaleAndRForRental: S
  • SidingHardi: Yes
  • SidingStone: Yes
  • USStateAbbreviation: KY
  • ViewFarm: Yes
  • WaterSourceType: Municipal
  • Special Features: Auction
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceMicrowave: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • BasementAreaSquareFootage: 0
  • Basement Bathrooms: Yes
  • Number Basement Bedrooms: Yes
  • Basement Type: Full
  • Fireplaces: 0
  • Number of Rooms: 0
  • Rec Room Den: Yes
  • Living Room: Yes
  • AboveArea Sq Ft: 0

Exterior Features

  • Construction Type: Frame
  • Has Pool: Yes

Garage/Parking

  • AttachedParking: 0
  • BasementGarage: Yes
  • Garage Type: Attached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Private Septic
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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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

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 $3,108 $612,000 $212,000 $400,000
2023 $2,412 $502,000 $212,000 $290,000
2022 $2,446 $502,000 $212,000 $290,000
2021 $4,126 $502,000 $212,000 $290,000
2020 $4,154 $502,000 $212,000 $290,000
2019 $4,292 $502,000 $212,000 $290,000
2018 $2,609 $502,000 $212,000 $290,000
2017 $2,558 $502,000 $212,000 $290,000
2016 $2,558 $310,000 $20,000 $290,000
2015 $2,500 $310,000 $20,000 $290,000
2014 $2,434 $502,000 $212,000 $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $500,000 -- --
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $195,000 --
Source: Public Records

Source: My State MLS

MLS Number: 11562363

APN: 075-8-0-69.5