$725,000
SOLD FEB 21, 2025

494 Catlett Rd Harrodsburg, KY 40330

98 Acres
$7,398 Price per Acre
4,268,880 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

19% Below List Price

56 Days on Market

Highlights

  • View of Trees or Woods
  • 3-Story Property
  • Garage
  • 98 Acre Lot
  • Solar Heating System
  • The pond is a source of water for the property

About This Lot

As of February 2025

Nestled in the rural landscape of Mercer County this 98 acre farm is not only the paradise an outdoorsman's dreams are made of but an abundance of opportunity for the homesteader looking for seclusion and independence from everything around you. Although containing an abundance of wildlife to capture the heart of any hunter; enjoy the multiple ready to hunt locations already established on the property with easy access ATV trails scattered throughout. The avid fisherman isn't without oasis here either, as there are ponds containing a variety of fish and banks meticulously maintained with benches and paths for any gathering guests. In addition to the land, this property offers a large ranch style home featuring 6 bedrooms, 3 bathrooms, a bonus room for potential 7th bedroom, Loft area, additional downstairs family/rec room and 2 car garage. The major systems of the roof and HVAC systems are newer within the last few years and as a unique feature this home has a fully functional solar system that will reduce reliance on local utility. This is a rare opportunity in the central Kentucky area as it's not often you find all of these features in a single property!

Last Agent to Sell the Property

Sabrina Murphy

Coldwell Banker VIP Realty, Inc. License #201624 Listed on: 11/14/2024

Coldwell Banker VIP Realty, Inc.

Co-Listed By

Daniel Peters

Zen Door Real Estate, Inc License #262802

Last Buyer's Agent

Christie Welch

Welchomes Real Estate License #266396

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 2003

Lot Details

  • 98 Acre Lot
  • Stone Wall
  • Vinyl Fence
  • Wire Fence

Parking

  • Garage

Property Views

  • Woods
  • Rural

Home Design

  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by active solar

Schools

  • Mercer Co Elementary School
  • King Middle School
  • Mercer Intermediate
  • Mercer Co High School

Utilities

  • Propane
  • The pond is a source of water for the property
  • The stream is a source of water for the property
  • Septic Tank
  • Lagoon System

Additional Features

  • Basement

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040.00-00026.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,805

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Lot
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2003
  • Levels: Three Or More
  • New Construction: No
  • Location Tax Legal Info:Elementary School: Mercer Co
  • Location Tax Legal Info:Middle or Junior School: King
  • Location Tax Legal Info:High School: Mercer Co
  • Location Tax Legal Info:Intermediate School: Mercer Intermediate
  • Contract Info:On Market Date: 2024-11-14
  • General Property Description:Lot Size Acres: 98.0
  • General Property Description:Above Grade Finished Area: 3070.0
  • Utilities:Electricity2: Electricity Connected
  • Utilities:Propane3: Propane Available
  • Water: Water Connected
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • View:Rural: Yes
  • View:Trees: Yes
  • General Property Description:Below Grade Finished Area: 1314.0
  • General Property Description:Approximate Living Area: 4384.0
  • Fencing:Wire: Yes
  • Sewer:Lagoon System: Yes
  • Stories:Three Or More: Yes
  • Main Residence Features:Basement5: Yes
  • Fencing:StoneRock: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1314.0
  • LivingArea: 4384.0
  • Lot Size Area: 98.0

Exterior Features

  • Fencing: Stone/Rock, Wire
  • List Price: 799900.0
  • View: Rural, Trees

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Lagoon System, Septic Tank
  • Heating: Heat Pump, Electric, Solar
  • Heating: Yes
  • Water Source: Public, Creek(s), Pond(s)
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Solar2: Yes

Schools

  • Elementary School: Mercer Co
  • High School: Mercer Co
  • Middle or Junior School: King

Lot Info

  • Current Use: Recreation
  • Lot Size Acres: 98.0
  • Lot Size Sq Ft: 4268880.0
  • Parcel Number: 040.00-00026.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Feb 21, 2025
Sold by
Bliss Jerry and Bliss Jo Ann
Bought by
Horn Matthew and Horn Lori
Seller's Agent
Sabrina Murphy
Coldwell Banker VIP Realty, Inc.
Buyer's Agent
Christie Welch
Welchomes Real Estate
List Price
$895,000
Sold Price
$725,000
Premium/Discount to List
-$170,000
-18.99%
Views
48
Current Estimated Value
$697,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,733
Avg. Annual Appreciation
-7.36%
Original Mortgage
$700,000
Outstanding Balance
$697,261
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$6
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $725,000 None Listed On Document
Deed $725,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Construction
Closed $700,000 Construction
Previous Owner $45,000 Credit Line Revolving
Previous Owner $330,000 New Conventional
Previous Owner $260,000 Negative Amortization
Previous Owner $156,583 No Value Available
Previous Owner $78,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $725,000 -9.4% $165 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $799,900 -5.8% $182 / Sq Ft
12/04/2024 12/04/24 Price Changed $849,000 -5.1% $194 / Sq Ft
11/14/2024 11/14/24 For Sale $895,000 -- $204 / 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 $1,805 $197,371 $22,615 $174,756
2023 $1,821 $197,371 $0 $0
2022 $1,853 $197,371 $0 $0
2021 $1,607 $175,615 $0 $0
2020 $1,614 $175,615 $22,615 $153,000
2019 $2,111 $175,615 $22,615 $153,000
2018 $2,063 $175,615 $0 $0
2017 $1,993 $175,615 $0 $0
2016 $1,982 $177,891 $0 $0
2015 $1,926 $177,891 $19,143 $158,748
2014 $1,926 $177,891 $0 $0
2010 -- $163,730 $10,730 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24023997

ImagineMLS (Bluegrass REALTORS®)

APN: 040.00-00026.00