518 Bailey Rd Georgetown, KY 40324
Muddy Ford NeighborhoodEstimated payment $7,753/month
Highlights
- Water Views
- Hilly Lot
- The pond is a source of water for the property
- 344 Acre Lot
- Wooded Lot
- Stone Wall
About This Lot
'Click on the Virtual
Tour section to see the aerial video!' If you are looking for a farm with endless possibilities, then this is the one for you. Just five miles off US 62 on Bailey Road, this property consist of 344 +/- acres. The majority of this farm is wooded but does have a few open areas, with endless possibilities. The farm is currently in two parcels but could be further divided by the new owner. It would be a perfect place to build your dream home and still be able to enjoy your privacy. As you overlook the exceedingly large pond, you'll have the ability to capture all the potential wildlife that may pass you by. There are three gate entrances off Bailey Road which consist of nice driving trails. In addition, there is a gated access easement off Morris Road. A cell tower is located on the front of the property. The lease will transfer to the new purchaser, which will generate income once ownership is in effect.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,664
Lot Details
- 344 Acre Lot
- Stone Wall
- Vinyl Fence
- Wire Fence
- Gentle Sloping Lot
- Hilly Lot
- Cleared Lot
- Wooded Lot
- Property is zoned AR
Property Views
- Water
- Woods
- Farm
- Rural
Schools
- Eastern Elementary School
- Royal Spring Middle School
- Not Applicable Middle School
- Scott Co High School
Utilities
- The pond is a source of water for the property
- Well
- Sewer Not Available
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 221-00-025/221-00-023
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,664 | $272,000 | $0 | $0 |
2023 | $1,678 | $185,038 | $5,038 | $180,000 |
2022 | $1,569 | $184,498 | $4,498 | $180,000 |
2021 | $1,355 | $154,498 | $4,498 | $150,000 |
2020 | $36 | $4,167 | $4,167 | $0 |
2019 | $36 | $4,167 | $0 | $0 |
2018 | $36 | $4,167 | $0 | $0 |
2017 | $32 | $3,700 | $0 | $0 |
2016 | $30 | $3,678 | $0 | $0 |
2015 | $29 | $3,678 | $0 | $0 |
2014 | -- | $3,678 | $0 | $0 |
2011 | $22 | $3,063 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/20/2025 02/20/25 | For Sale | $1,376,000 | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 24003052

APN: 221-00-025.000
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