NOT LISTED FOR SALE

5116 Ironworks Rd Georgetown, KY 40324

Paynes Depot Neighborhood

Estimated Value: $651,000 - $722,536

2 Beds
2 Baths
-- Sq Ft
48.8 Acre Lot

Sale Details

Date Sold: July 18, 2014

Last sale price $467,000

Est. 47% increase in value since last sale

Current estimated payment $3,985 / mo

26 Days on Market

Highlights

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

About This Home

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 Agent to Sell the Property

Tom Biederman

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

Co-Listed By

Ryan Teater

Biederman Real Estate License #210426

Last Buyer's Agent

Tom Biederman

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Lot Details

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

Parking

  • Garage

Interior Spaces

  • 1.5-Story Property
  • Great Room
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Farming

  • Horse or Livestock Barn
  • Farm

Horse Facilities and Amenities

  • 4 Horse Stalls

Utilities

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

Community Details

  • Rural Subdivision

Property Details

Property Type

Other

Lot Details

48.8 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Levels: One and One Half
  • New Construction: No
  • Water Source:Public: Yes
  • Fencing:Wire: Yes
  • Lot: Lot Size Acres: 48.8
  • Lot: Lot Size Square Feet: 2125729.95
  • Levels: One and One Half: Yes
  • Other Sold Info: New Construction YN: No
  • Lot Features: Gentle Sloping: Yes
  • Tax Legal: Zoning: AR
  • Cooling: Central Air: Yes
  • Room Types: Bonus Room: Yes
  • Room Types: Great Room: Yes
  • Fencing: Plank: Yes
  • Horse Amenities: Barn: Yes
  • Other Structures Info: Number Of Stalls: 4
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Lot Size Area: 48.8
  • Possible Use: Residential, Pasture, Horses, Cattle

Exterior Features

  • Fencing: Wire, Plank
  • List Price: 440000.0
  • Lot Features: Gentle Sloping

Garage/Parking

  • Garage: Yes
  • Parking Information: Garage YN: Yes

Utilities

  • Heating: Forced Air, Propane Tank Leased
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Propane Connected
  • Water Source: Public, Pond(s)
  • Heating:Forced Air: Yes
  • Heating:Propane Tank Leased: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Propane Connected: Yes

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Horses
  • Horse Amenities: Barn
  • Lot Size Acres: 48.8
  • Lot Size Sq Ft: 2125729.95

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Bought by
Current Estimated Value
$686,768
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paynes Depot, KY

  • Melanie Dawn Jones Real Estate Agent - United Real Estate Bluegrass

    Melanie Dawn Jones

    Responds Quickly

    United Real Estate Bluegrass

    (859) 577-7896

    58 Total Sales

    1 in Paynes Depot

    $1,255,000 Price

    Melanie Dawn Jones
     Section Image
  • Rita Jones Real Estate Agent - Keller Williams Commonwealth

    Rita Jones

    Keller Williams Commonwealth

    (859) 710-1829

    168 Total Sales

    11 in Paynes Depot

    $235K - $575K Price Range

    Rita Jones
     Section Image
  • Dianna Lowery-Pulliam Real Estate Agent - CENTURY 21 Advantage Realty

    Dianna Lowery-Pulliam

    CENTURY 21 Advantage Realty

    (859) 800-3250

    104 Total Sales

    2 in Paynes Depot

    $540K - $625K Price Range

    Dianna Lowery-Pulliam
     Section Image
  • Oxana Lopetegui-Pineda Real Estate Agent - Keller Williams Commonwealth

    Oxana Lopetegui-Pineda

    Keller Williams Commonwealth

    (859) 600-0321

    28 Total Sales

    1 in Paynes Depot

    $895,760 Price

    Oxana Lopetegui-Pineda
     Section Image
  • Ashley Barreto Real Estate Agent - Indigo & Co

    Ashley Barreto

    Indigo & Co

    (859) 800-3522

    94 Total Sales

    1 in Paynes Depot

    $479,900 Price

    Ashley Barreto
     Section Image
  • Kristine Cassata Real Estate Agent - Indigo & Co

    Kristine Cassata

    Indigo & Co

    (859) 470-2736

    345 Total Sales

    6 in Paynes Depot

    $94K - $1M Price Range

    Kristine Cassata
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$777,040 None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $467,000 0.0% --
06/01/2014 06/01/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $467,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,537 $594,200 $0 $0
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 Real Estate Agent - Biederman Real Estate

    Seller's Agent in 2014

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    7 in this area

    90 Total Sales

    Tom Biederman
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Ryan Teater

    Biederman Real Estate

    (859) 699-0466

    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

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 2026 LBAR Multiple Listing Service. All Rights Reserved.

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