NOT LISTED FOR SALE

405 Iron Works Rd Paris, KY 40361

Hutchinson-Monterey Neighborhood

Estimated Value: $5,711,000 - $6,410,000

12 Acres
$508,971 Price per Acre
522,720 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $180,000

Est. 3,293% increase in value since last sale

Current estimated payment $35,204/month

About This Lot

As of April 2020

A gorgeous small farm nestled in a valley of horse farms. The views cannot be beat. There is an enchanting wooded area around a small creek on the East boundary of the farm. The land is gently rolling with a wonderful building site on a small knoll in the middle of the farm. The property has perimeter 4-board fencing, one large fenced field, and the remainder of the land is used as a hay field. The property is divisible but the current owners wish to sell it in its entirety.

Last Agent to Sell the Property

Hill Parker

Turf Town Properties License #203313 Listed on: 03/03/2020

Co-Listed By

Regan Parker

Turf Town Properties License #204812

Last Buyer's Agent

Jennifer Pullins-Seitz

Bluegrass Sotheby's International Realty License #218575

Bluegrass Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,862

Lot Details

  • 12 Acre Lot
  • Vinyl Fence

Schools

  • Bourbon Central Elementary School
  • Bourbon Co Middle School
  • Bourbon Co High School

Utilities

  • The stream is a source of water for the property

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0290000001.05

Property Details

Property Type

Land

Est. Annual Taxes

$23,862

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • New Construction: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 12.0

Exterior Features

  • Fencing: Plank, Wire
  • List Price: 189000.0

Utilities

  • Sewer: Other
  • Utilities: Telephone
  • Water Source: Creek(s)

Schools

  • Elementary School: Bourbon Central
  • High School: Bourbon Co
  • Middle or Junior School: Bourbon Co

Lot Info

  • Topography: {"Level":true,"Cleared":true,"Gently Rolling":true}
  • Lot Size Acres: 12.0
  • Lot Size Sq Ft: 522720.48
  • Parcel Number: 0290000001.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Blue Rock Investment Trust
Bought by
Blue Rock Investment Trust
Current Estimated Value
$6,107,653

Purchase Details

Closed on
Mar 31, 2023
Sold by
Sanchez Jimmy Peter
Bought by
Blue Rock Investment Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,505,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2022
Sold by
Circuit Court Clerk
Bought by
Tax Brake Ky Llc

Purchase Details

Closed on
Dec 29, 2020
Sold by
Walton Christopher P and Walton Leigh K
Bought by
Sanchez Jimmy Peter and Sanchez Jimmy Peter

Purchase Details

Listed on
Mar 3, 2020
Closed on
Apr 16, 2020
Sold by
Mcclintock Craig A and Mcclintock Lynne R
Bought by
Sanchez Jimmy Peter and Sanchez Jimy Peter
Seller's Agent
Hill Parker
Turf Town Properties
Buyer's Agent
Jennifer Pullins-Seitz
Bluegrass Sotheby's International Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.77%
Original Mortgage
$30,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2007
Sold by
Candlebrooke Farm Llc
Bought by
Mcclintock Craig A and Mcclintock Lynne R
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
Blue Rock Investment Trust -- None Listed On Document
Blue Rock Investment Trust $2,475,000 None Listed On Document
Tax Brake Ky Llc -- None Listed On Document
Sanchez Jimmy Peter $80,000 Stonecroft T&E Llc
Sanchez Jimmy Peter $180,000 Stonecroft T&E Llc
Mcclintock Craig A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Rock Investment Trust $1,505,000
Previous Owner Cline Meranda L $158,000
Previous Owner Sanchez Jimmy Peter $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $180,000 -4.8% --
03/03/2020 03/03/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $189,000 -- --
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 $23,862 $3,502,300 $12,300 $3,490,000
2023 $18,237 $2,331,900 $260,000 $2,071,900
2022 $17,488 $2,331,900 $260,000 $2,071,900
2021 $9,495 $1,295,950 $260,000 $1,035,950
2020 $62 $180,000 $180,000 $0
2019 $114 $356,700 $356,700 $0
2018 $118 $356,700 $356,700 $0
2017 $117 $356,700 $356,700 $0
2016 $115 $0 $0 $0
2015 $113 $11,360 $11,360 $0
2014 $108 $11,360 $11,360 $0
2011 $108 $11,360 $11,360 $0
Source: Public Records

Agents Affiliated with this Home

  • Hill Parker

    Seller's Agent in 2020

    Hill Parker

    Turf Town Properties

    (859) 533-6598

    9 in this area

    150 Total Sales

    Hill Parker
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Regan Parker

    Turf Town Properties

    (859) 608-8040

    6 in this area

    71 Total Sales

    Regan Parker
    Section Image
  • Jennifer Pullins-Seitz

    Buyer's Agent in 2020

    Jennifer Pullins-Seitz

    Bluegrass Sotheby's International Realty

    (859) 582-5695

    39 Total Sales

    Jennifer Pullins-Seitz
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Pullins

    Keller Williams Commonwealth

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20004542

ImagineMLS (Bluegrass REALTORS®)

APN: 029-00-00-001.02

Kentucky Bourbon County Paris 40361 Hutchinson-Monterey

405 Iron Works Rd, Paris, KY

This home is located at 405 Iron Works Rd, Paris, KY 40361 since 03 March 2020 and is currently estimated at $6,107,653. 405 Iron Works Rd is a home located in Bourbon County with nearby schools including Bourbon County High School.

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ImagineMLS (Bluegrass REALTORS®) 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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