NOT LISTED FOR SALE

3945 W Leestown Rd Midway, KY 40347

Estimated Value: $638,000 - $3,634,073

3 Beds
3.5 Baths
3,319 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $4,850,000 $1,461 Per Sq Ft

Current estimated payment $12,713/month

141 Days on Market

Highlights

  • Water Views
  • 16 Paddocks and Pastures
  • 201 Acre Lot
  • Guest House
  • 52 Horse Stalls
  • Farm

About This Home

As of July 2024

This Turn-Key horse farm has an amazing history which includes roles of Thomas Jefferson and Benjamin Franklin. Immediately upon entering this farm you see all the love and care that has been put into making it the pristine horse farm that it is. V-mesh fencing on 95% of all the fields. The main house's interior has been completely renovated and is lovely. Offers 3 en-suite bedrooms, beautiful sunroom, accessible from formal dining room and master suite. Manager's house and guest house both beautifully remodeled in 2020. Roads paved and over coated in 2019. Doubled seeded land for 3 years as well as soil treated. Barn #1 has been updated with new stain, powder coated stall doors and new windows. Kraft Horse exerciser under cover constructed in 2019. There is a studio apartment connected to the Insemination breeding complex. This farm is fully operational and move on ready for your horses. Square footage of main residence includes Sunroom and wine room.

Last Agent to Sell the Property

Katie Craig

Katie Craig Realty License #266537 Listed on: 01/03/2024

Last Buyer's Agent

Melanie Peterson

Biederman Real Estate License #220523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,959

Lot Details

  • 201 Acre Lot
  • Plank Fence
  • Fenced
  • Mesh Fence
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AR

Parking

  • Garage

Property Views

  • Water
  • Woods
  • Farm

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Workshop
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Northside Elementary School
  • Woodford Co Middle School
  • Woodford Co High School

Farming

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

Horse Facilities and Amenities

  • 52 Horse Stalls
  • Hay Storage
  • Run-In Shed
  • Riding Ring

Utilities

  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Heating System Powered By Owned Propane
  • Propane
  • Natural Gas Connected
  • The pond is a source of water for the property
  • Septic Tank

Additional Features

  • 16 Paddocks and Pastures
  • Guest House

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-0000-020-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,959

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Ranch
  • Structure Type: House
  • Above Grade Finished Sq Ft: 3165.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Fencing:V-Mesh: Yes
  • Farm Improvements:Silo(s): Yes
  • Farm Improvements:Outdoor Ring: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 154.0
  • Fireplace: Yes
  • LivingArea: 3319.0
  • Lot Size Area: 201.0
  • Possible Use: Horses
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Fencing: Plank, V-Mesh
  • List Price: 4995000.0
  • Lot Features: Wooded, Cleared, Gentle Sloping, Level
  • Other Structures: Workshop
  • View: Farm, Trees/Woods, Water
  • View YN: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Propane Tank Leased, Propane Tank Owned
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Propane Connected, Water Available
  • Water Source: Public, Pond(s)
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Propane Tank Owned: Yes

Schools

  • Elementary School: Northside
  • High School: Woodford Co
  • Middle or Junior School: Woodford Co

Lot Info

  • Topography: Gentle Sloping, Wooded, Level, Cleared
  • Lot Dimensions: 201 Acres +/-
  • Current Use: Pasture, Horses
  • Horse Amenities: Hay Storage, Barn
  • Lot Size Acres: 201.0
  • Lot Size Sq Ft: 8755560.0
  • Parcel Number: 15-0000-020-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 4, 2018
Sold by
Midway Llc
Bought by
Our Team Llc
Seller's Agent
Joe Riddell
Rector Hayden Realtors
Buyer's Agent
Katie Craig
Jim Ball Realty
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$2,257,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,024
Avg. Annual Appreciation
2.94%
Original Mortgage
$1,550,000
Outstanding Balance
$989,961
Interest Rate
4.9%
Mortgage Type
Commercial
Estimated Equity
$1,267,063

Purchase Details

Closed on
Oct 24, 2007
Sold by
Liberty Farm Llc
Bought by
Degraff Stables Kentucky Llc
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
Our Team Llc $1,850,000 None Available
Degraff Stables Kentucky Llc $2,004,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our Team Llc $1,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $4,850,000 -2.9% $1,461 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $4,995,000 -5.7% $1,505 / Sq Ft
01/03/2024 01/03/24 For Sale $5,295,000 +186.2% $1,595 / Sq Ft
12/04/2018 12/04/18 Sold $1,850,000 0.0% $537 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
11/08/2016 11/08/16 For Sale $1,850,000 -- $537 / 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 $8,959 $880,600 $0 $0
2023 $9,274 $880,600 $0 $0
2022 $9,087 $868,100 $0 $0
2021 $9,183 $868,100 $0 $0
2020 $9,204 $868,100 $0 $0
2019 $9,102 $868,100 $0 $0
2018 $8,940 $861,700 $0 $0
2017 $8,767 $861,700 $0 $0
2016 $8,755 $861,700 $0 $0
2015 $8,669 $861,700 $0 $0
2010 -- $861,900 $46,800 $815,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Katie Craig

    Katie Craig Realty

    (859) 608-7839

    2 in this area

    10 Total Sales

    Katie Craig
    Section Image
  • Melanie Peterson

    Buyer's Agent in 2024

    Melanie Peterson

    Biederman Real Estate

    (561) 870-6587

    1 in this area

    42 Total Sales

    Melanie Peterson
    Section Image

  • J

    Seller's Agent in 2018

    Joe Riddell

    Rector Hayden Realtors

    (859) 221-0826

    21 Total Sales

    Joe Riddell
    Section Image
  • Ryan Smith

    Seller Co-Listing Agent in 2018

    Ryan Smith

    Rector Hayden Realtors

    (859) 553-5031

    2 in this area

    156 Total Sales

    Ryan Smith
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24000128

ImagineMLS (Bluegrass REALTORS®)

APN: 15-0000-020-00

Kentucky Woodford County Midway 40347

3945 W Leestown Rd, Midway, KY

This home is located at 3945 W Leestown Rd, Midway, KY 40347 since 03 January 2024 and is currently estimated at $2,257,024, approximately $680 per square foot. 3945 W Leestown Rd is a home located in Woodford County with nearby schools including Woodford County 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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