NOT LISTED FOR SALE

2991 Leestown Rd Midway, KY 40347

Estimated Value: $305,000 - $1,670,000

78 Acres
$12,472 Price per Acre
3,391,146 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $1,200,000 $279 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,620/month

209 Days on Market

Highlights

  • 77.85 Acre Lot
  • Wood Flooring
  • Fireplace
  • Recreation Room
  • Home Office
  • Entrance Foyer

About This Lot

As of January 2020

Ideally-located just over 5 miles from the desirable and quaint town of Midway, Phylar Farm's centerpiece is its 4,295 square foot custom-built one-owner home. Constructed in 1992, this lovely home features a luxurious first floor master suite, a wonderful kitchen, and large family room. The upstairs contains three bedrooms, two full baths, a sitting plus bonus room. The partially-finished lower level contains a bedroom, rec room, and half bath. The owner installed new windows in 2007, a new roof in 2009, and the home features geothermal heating. Situated on some of the best land in Central Kentucky (almost 85% Maury Silt loam, the best in the Bluegrass, this horse farm features a 17-stall horse barn with work and wash bay room, tack room, lab with half bath, and open attached shed. Additional improvements include a metal hay/equipment building and two run-in sheds. The adjoining 86 acre horse farm with 15 stalls and residence is for sale (MLS #1914488).

Last Agent to Sell the Property

Bill Justice

Justice Real Estate License #223731 Listed on: 05/01/2019

Last Buyer's Agent

Mike Morrison

Justice Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1992

Lot Details

  • 77.85 Acre Lot
  • Plank Fence
  • Vinyl Fence
  • Wire Fence
  • Gentle Sloping Lot

Parking

  • Garage

Interior Spaces

  • 4,295 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Farming

  • Horse or Livestock Barn
  • Equipment Barn

Horse Facilities and Amenities

  • Hay Storage

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-0000-006-01

Property Details

Property Type

Land

Est. Annual Taxes

$4,253

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • Year Built: 1992
  • Levels: One and One Half
  • New Construction: No
  • Contract Info:On Market Date: 2019-05-01
  • General Property Description:Lot Size Acres: 77.85
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Connected
  • Water Source:Public: Yes
  • General Property Description:Approximate Living Area: 4295.0
  • Farm Improvements:Equipment Bldg(s): Yes
  • Topography:Gently Rolling: Yes
  • Fencing:Wire: Yes
  • Stories:One and One Half: Yes
  • General Property Description:Half Baths: 2
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Bathroom 1 Level: First
  • Bedroom 1 Level: Lower
  • Bonus Room Level: Second
  • Bathroom 2 Level: Lower
  • Main Residence Features:Foyer3: Yes
  • Main Residence Features:Fireplace2: Yes
  • Main Residence Features:Central Air: Yes
  • Main Residence Features:Hardwood Floors: Yes
  • Main Residence Features:Carpeted: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Fencing:Plank: Yes
  • Main Residence Features:Basement5: Yes
  • Farm Improvements:Hay Storage: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • LivingArea: 4295.0
  • Lot Size Area: 77.85
  • Family Room Level: First
  • Foyer Level: First
  • Utility Room Level: First
  • Recreation Room Level: Lower
  • Office Level: First
  • Main Residence Features:Dining Room4: Yes
  • Main Residence Features:Family Room4: Yes

Exterior Features

  • Fencing: Plank, Wire
  • List Price: 1300000.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Geothermal
  • Heating: Yes
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Topography: {"Gently Rolling":true}
  • Lot Size Acres: 77.85
  • Lot Size Sq Ft: 3391149.11
  • Parcel Number: 15-0000-006-01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Todd Manor Lp
Bought by
Midway Manor Llc
Current Estimated Value
$961,771

Purchase Details

Listed on
May 1, 2019
Closed on
Jan 6, 2020
Sold by
Stingers Larry A and Stingers Phyllis R
Bought by
Todd Manor Lp
Seller's Agent
Bill Justice
Justice Real Estate
Buyer's Agent
Mike Morrison
Justice Real Estate
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.50%
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
Midway Manor Llc $1,457,010 None Listed On Document
Todd Manor Lp $1,200,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $1,200,000 0.0% $279 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $1,200,000 -- $279 / 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 $4,253 $352,391 $0 $0
2023 $3,064 $256,391 $0 $0
2022 $3,036 $256,391 $0 $0
2021 $3,011 $256,391 $0 $0
2020 $0 $256,391 $2,391 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Bill Justice

    Seller's Agent in 2020

    Bill Justice

    Justice Real Estate

    (859) 255-3657

    69 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Mike Morrison

    Justice Real Estate

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1909304

ImagineMLS (Bluegrass REALTORS®)

APN: 104-00-00-024.07

Kentucky Franklin County Midway 40347

2991 Leestown Rd, Midway, KY

This home is located at 2991 Leestown Rd, Midway, KY 40347 since 01 May 2019 and is currently estimated at $970,953, approximately $226 per square foot. This property was built in 1992. 2991 Leestown Rd is a home with nearby schools including Woodford County High School, The Frankfort Christian Academy, and Good Shepherd School.

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