NOT LISTED FOR SALE

5380 Bethel Rd Lexington, KY 40511

Paynes Depot Neighborhood

Estimated Value: $1,592,000 - $1,986,093

81 Acres
$21,715 Price per Acre
3,515,292 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $1,770,000 $1,770 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,448/month

9 Days on Market

Highlights

  • View of Trees or Woods
  • Hay Storage
  • Fenced
  • 80.7 Acre Lot
  • Horse or Livestock Barn
  • Level Lot

About This Lot

As of June 2023

Turn key 80 acre horse farm property with excellent location! This beautiful property is the perfect size for many equine pursuits and is very well designed for functionality and ease of use. Amenities include 21 stalls in 2 barns, 15 paddocks and 4 fields with plank fencing, round pen, and an oversized 50x50 garage with TWO apartments. The current owner has also constructed a very useful 110x30 metal storage/hay barn with 12ft doors and concrete floor.
5380 Bethel Road is primarily in Scott County with 23+/- acres in Fayette County yet has a Lexington address. Only 7.1 miles to the Kentucky Horse Park, 22 mins to Keeneland and 9.4 miles to the Red Mile, and 1 mile to I-64.
We look forward to calls, questions and tours from qualified buyers.

Last Agent to Sell the Property

Tom Biederman

Biederman Real Estate License #186255 Listed on: 03/22/2023

Last Buyer's Agent

Abby Jones

Bluegrass Sotheby's International Realty License #219304

Bluegrass Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,420

Lot Details

  • 80.7 Acre Lot
  • Plank Fence
  • Fenced
  • Level Lot
  • Property is zoned AR

Property Views

  • Woods
  • Farm

Home Design

  • 1,000 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Not Applicable Middle School

Farming

  • Horse or Livestock Barn
  • Equipment Barn

Additional Features

  • Hay Storage
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118-00-004.000

Property Details

Property Type

Land

Est. Annual Taxes

$5,420

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • New Construction: No
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-03-22
  • General Property Description:Lot Size Acres: 80.7
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Connected
  • Water Source:Public: Yes
  • View:Trees: Yes
  • General Property Description:Approximate Living Area: 1000.0
  • View:Farm: Yes
  • Farm Improvements:Equipment Bldg(s): Yes
  • Topography:Level: Yes
  • Topography:Gently Rolling: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Fencing:Plank: Yes
  • Farm Improvements:Hay Storage: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1000.0
  • Lot Size Area: 80.7

Exterior Features

  • Fencing: Plank
  • List Price: 1750000.0
  • View: Farm, Trees

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Electric
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Lot Info

  • Topography: {"Level":true,"Gently Rolling":true}
  • Lot Size Acres: 80.7
  • Lot Size Sq Ft: 3515292.0
  • Parcel Number: 118-00-004.000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 7, 2023
Sold by
Nance Jacob and Nance Michelle
Bought by
Frog Pond Stables Llc
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Abby Jones
Bluegrass Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,770,000
Premium/Discount to List
$20,000
1.14%
Views
115
Current Estimated Value
$1,834,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,521
Avg. Annual Appreciation
-4.71%

Purchase Details

Closed on
Apr 6, 2020
Sold by
Manitou Farm Llc
Bought by
Nance Jacob and Nance Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,559,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 10, 2015
Closed on
Nov 13, 2015
Sold by
Murphpy James J and Murphy Karen O
Bought by
Manitou Farm Llc
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Ken Donworth
Bluegrass Sotheby's International Realty
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$465,000
Interest Rate
3.87%
Mortgage Type
Unknown
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
Frog Pond Stables Llc $1,770,000 None Listed On Document
Nance Jacob $1,100,000 Stewart Title Company
Manitou Farm Llc $965,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nance Jacob $1,559,000
Previous Owner Manitou Farm Llc $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $1,770,000 +1.1% $1,770 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $1,750,000 +81.3% $1,750 / Sq Ft
11/13/2015 11/13/15 Sold $965,000 0.0% --
09/01/2015 09/01/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $965,000 -- --
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 $5,420 $1,410,400 $0 $0
2023 $3,837 $423,217 $38,017 $385,200
2022 $3,548 $417,328 $32,128 $385,200
2021 $3,660 $417,328 $32,128 $385,200
2020 $3,583 $417,063 $29,063 $388,000
2019 $3,640 $417,063 $0 $0
2018 $3,619 $417,063 $0 $0
2017 $1,387 $159,063 $0 $0
2016 $688 $85,461 $0 $0
2015 $392 $49,007 $0 $0
2014 $399 $52,191 $0 $0
2011 $362 $49,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Biederman

    Seller's Agent in 2023

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    6 in this area

    95 Total Sales

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  • A

    Buyer's Agent in 2023

    Abby Jones

    Bluegrass Sotheby's International Realty

    (561) 436-4097

    1 in this area

    99 Total Sales

    Section Image
  • Ken Donworth

    Buyer's Agent in 2015

    Ken Donworth

    Bluegrass Sotheby's International Realty

    (859) 983-9933

    89 Total Sales

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23004996

ImagineMLS (Bluegrass REALTORS®)

APN: 118-00-004.000

Kentucky Scott County Lexington 40511 Paynes Depot

5380 Bethel Rd, Lexington, KY

This home is located at 5380 Bethel Rd, Lexington, KY 40511 since 22 March 2023 and is currently estimated at $1,752,364, approximately $1,752 per square foot. 5380 Bethel Rd is a home located in Scott County with nearby schools including Western 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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