NOT LISTED FOR SALE

2650 Bowman Mill Rd Lexington, KY 40513

Estimated Value: $2,776,950

150.98 Acres
$18,393 Price per Acre
6,576,688 Sq Ft Lot

Last Sold December 21, 2022

Last sale price $2,491,000 $345 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,837/month

24 Days on Market

Highlights

  • 150.98 Acre Lot
  • Views of a Farm
  • Wood Flooring
  • Rosa Parks Elementary School Rated A
  • Colonial Architecture
  • Fireplace

About This Lot

As of December 2022

Sealed Bid Auction – Selling Without Reserve – Bids Due October 31st, 2022. Inspection times October 8, 15, and 22, 10am – 2pm or by appointment.

We are honored to have been selected to market and sell at AUCTION, this Kentucky Historic Landmark and surrounding 150± acre horse farm (please note listing price is PVA valuation used as a guide price). In 1781, the Bowman family settled here, building the present mansion c. 1830-1850. In 1912, the property was purchased by Emilie Todd Helm, sister-in-law of Abraham Lincoln. Located just off Harrodsburg Road in Fayette County Kentucky, the property consists of over 150 acres of improved horse farm land with important fertile soils. The mansion is spectacular, with 14ft ceilings, original hardwood floors, chandeliers, gardens, and more. the farm improvements include 37 stalls in 2 horse barns, 3 large fields, and 12 paddocks. Do not miss this opportunity to own one of the most historic and notable properties in all of Kentucky!

Bidder packets will be available to qualified buyers upon request on October 7th. Inspection times October 8, 15, and 22, 10am – 2pm or by appointment.

Last Agent to Sell the Property

Tom Biederman

Biederman Real Estate License #186255 Listed on: 10/07/2022

Last Buyer's Agent

Tom Biederman

Biederman Real Estate License #186255 Listed on: 10/07/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,472

Lot Details

  • 150.98 Acre Lot
  • Plank Fence
  • Fenced
  • Mesh Fence
  • Gentle Sloping Lot
  • Property is zoned AR

Parking

  • Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 7,212 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Dining Room
  • Wood Flooring
  • Views of a Farm

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Not Applicable Middle School

Farming

  • Horse or Livestock Barn

Utilities

  • Hot Water Heating System
  • Propane
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24646900

Property Details

Property Type

Land

Est. Annual Taxes

$8,472

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • Architectural Style: Colonial
  • Structure Type: House
  • Levels: Two
  • New Construction: No
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2022-10-07
  • General Property Description:Lot Size Acres: 150.98
  • Utilities:Electricity2: Electricity Connected
  • Utilities:Propane3: Propane Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • Stories:Two2: Yes
  • Water Source:Public: Yes
  • General Property Description:Approximate Living Area: 7212.0
  • View:Farm: Yes
  • Topography:Gently Rolling: Yes
  • Architectural Style:Colonial: Yes
  • Main Residence Features:Foyer3: Yes
  • Main Residence Features:Fireplace2: Yes
  • Main Residence Features:Hardwood Floors: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Fencing:Plank: Yes
  • Fencing:V-Mesh: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 7212.0
  • Lot Size Area: 150.98
  • Main Residence Features:Dining Room4: Yes

Exterior Features

  • Fencing: Plank, V-Mesh
  • List Price: 2886700.0
  • View: Farm

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Hot Water, Propane Tank Owned
  • Heating: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Owned: Yes
  • Heating:Hot Water: Yes

Lot Info

  • Topography: {"Gently Rolling":true}
  • Lot Size Acres: 150.98
  • Lot Size Sq Ft: 6576689.0
  • Parcel Number: 24646900
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 21, 2022
Sold by
Kentucky Mansions Preservation Foundatio
Bought by
Barker Holdings Investments Llc
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Tom Biederman
Biederman Real Estate
List Price
$2,886,700
Sold Price
$2,491,000
Premium/Discount to List
-$395,700
-13.71%
Views
99
Current Estimated Value
$2,776,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,950
Avg. Annual Appreciation
5.74%
Original Mortgage
$1,650,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Mary Genevieve Murphy Revocable Tr
Bought by
Kentucky Mansions Preservation Found Inc
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
Barker Holdings Investments Llc $2,491,515 --
Kentucky Mansions Preservation Found Inc $2,886,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Holdings Investments Ll $700,000
Open Barker Holdings Investments Ll $1,655,000
Previous Owner Barker Holdings Investments Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $2,491,000 -13.7% $345 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $2,886,700 -- $400 / Sq Ft
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 $8,472 $2,491,500 $0 $0
2023 $8,472 $2,491,500 $0 $0
2022 $0 $2,886,700 $0 $0
2021 $0 $2,886,700 $0 $0
2020 $6,097 $2,886,700 $0 $0
2019 $6,097 $2,886,700 $0 $0
2018 $0 $2,886,700 $0 $0
2017 -- $2,886,700 $0 $0
2015 $6,097 $2,886,700 $0 $0
2014 $6,097 $0 $0 $0
2012 $6,097 $2,886,700 $2,264,700 $622,000
Source: Public Records

Agents Affiliated with this Home

  • Tom Biederman

    Seller's Agent in 2022

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    92 Total Sales

    Tom Biederman
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22022254

ImagineMLS (Bluegrass REALTORS®)

APN: 24646900

Kentucky Fayette County Lexington 40513

2650 Bowman Mill Rd, Lexington, KY

This home is located at 2650 Bowman Mill Rd, Lexington, KY 40513 since 07 October 2022 and is currently estimated at $2,776,950, approximately $385 per square foot. 2650 Bowman Mill Rd is a home located in Fayette County with nearby schools including Rosa Parks Elementary School, Beaumont Middle School, and Paul Laurence Dunbar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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