NOT LISTED FOR SALE

5116 Ironworks Rd Georgetown, KY 40324

Paynes Depot Neighborhood

Estimated Value: $521,000 - $721,606

49 Acres
$12,060 Price per Acre
2,125,728 Sq Ft Lot

Last Sold July 18, 2014

Last sale price $467,000 $192 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,499/month

26 Days on Market

Highlights

  • 48.8 Acre Lot
  • Great Room
  • Forced Air Heating and Cooling System
  • Bonus Room
  • Horse or Livestock Barn
  • Garage

About This Lot

As of July 2014

Absolute Auction: May 31, 2014 at 10:30 AM. Price above is a guide only, not a listing price. 48.85 +/-acres on Ironworks Road, just 2.7 miles west of Midway Road, with easy access to I-64 as well as Highway 460. The property features a well maintained 2,436 +/- sq. ft. residence open floor plan with two bedrooms and two bathrooms, hardwood floors, a large finished versatile loft area which could be utilized as an additional bedroom or family room and a two car attached garage. Other property amenities include a large four stall barn with run in area, feed room and large loft, asphalt driveway, small spring fed pond and city water. Great location near Midway, Georgetown and Frankfort. Open For Inspection May 18 from 1:00 to 3:00 and May 28 from 4:00 to 6:00. Recent Appraisal of $510,000!!!

Last Listed By

Tom Biederman

Biederman Real Estate License #186255 Listed on: 05/06/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,461

Lot Details

  • 48.8 Acre Lot
  • Plank Fence
  • Vinyl Fence
  • Wire Fence
  • Gentle Sloping Lot
  • Property is zoned AR

Parking

  • Garage

Interior Spaces

  • 2,436 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Farming

  • Horse or Livestock Barn

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • The pond is a source of water for the property

Community Details

  • Rural Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,461

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • Levels: One and One Half
  • New Construction: No
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Bathroom 1 Level: First
  • Bedroom 1 Level: First
  • Bonus Room Level: Second
  • Bathroom 2 Level: First
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 2436.0
  • Lot Size Area: 48.8
  • Great Room Level: First

Exterior Features

  • Fencing: Plank, Wire
  • List Price: 440000.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Heating: Forced Air, Propane Tank Leased
  • Heating: Yes
  • Water Source: Public, Pond(s)
  • Heating:Forced Air: Yes
  • Heating:Propane Tank Leased: Yes

Lot Info

  • Topography: {"Gently Rolling":true}
  • Lot Size Acres: 48.8
  • Lot Size Sq Ft: 2125729.95
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Zambrano Gloria
Bought by
Zambrano Victor
Total Days on Market
26
Current Estimated Value
$588,535

Range of Values:

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Average Value
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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
Zambrano Victor -- None Listed On Document
Zambrano Gloria $777,040 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zambrano Victor $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $467,000 0.0% $192 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $467,000 -- $192 / 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 $2,461 $583,000 $0 $0
2023 $2,481 $273,632 $23,132 $250,500
2022 $2,296 $270,066 $19,566 $250,500
2021 $1,886 $215,066 $185,466 $29,600
2020 $1,832 $213,205 $17,705 $195,500
2019 $1,778 $203,705 $0 $0
2018 $1,768 $203,705 $0 $0
2017 $1,776 $203,705 $0 $0
2016 $1,618 $200,906 $0 $0
2015 $1,607 $200,906 $0 $0
2014 $1,260 $164,907 $0 $0
2011 $1,201 $165,166 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Biederman

    Seller's Agent in 2014

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    6 in this area

    98 Total Sales

    Tom Biederman
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Ryan Teater

    Biederman Real Estate

    (859) 699-0466

    1 Total Sale

    Ryan Teater
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1408321

ImagineMLS (Bluegrass REALTORS®)

APN: 026-00-051.000

Kentucky Scott County Georgetown 40324 Paynes Depot

5116 Ironworks Rd, Georgetown, KY

Homes for Sale in Georgetown, KY

This home is located at 5116 Ironworks Rd, Georgetown, KY 40324 since 06 May 2014 and is currently estimated at $588,535, approximately $241 per square foot. 5116 Ironworks Rd is a home located in Scott County with nearby schools including Stamping Ground Elementary School, Creekside Elementary School, and Royal Spring Middle 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.

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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