Seller's Agent in 2025
Mike Barnes
Marshall Lane Real Estate
(502) 320-1186
83 Total Sales
555 Lucas Ln Frankfort, KY 40601
5
Beds
4.5
Baths
5,617
Sq Ft
21.56
Acres
Highlights
- Barn
- 21.56 Acre Lot
- Wooded Lot
- Lake View
- Secluded Lot
- Wood Flooring
About This Home
As of August 2025Near the Switzer area, Lucas Lane hosts a number of impressive homes with acreage, making this spacious 5 bedroom, 5 bath home one to be considered by buyers seeking such. This property is on 21+ acres with access to a shared water feature. Entering from the large covered porch, you find the main floor with primary en suite, formal dining and living rooms, great room w/ fireplace, eat-in kitchen w/ access to the patio, & a separate laundry. The 2nd floor has a central gathering space surrounded by 4 bedrooms and two full baths. Head down to the mostly finished walkout basement and you will find space for entertaining, working out, a home office, and a full bath. The gardeners garage provides great storage space. For those needing a place for a hobby, more storage, a place to work on a classic car, store a boat or RV, etc., you will like the 30' x 45' metal shop/barn. This well-built structure is located right along the driveway for convenient access. Driveway paved in 2020. New roof shingles in 2022. Buyer to verify all aspects of property including but not limited to features, boundaries, square feet, water, sewer, schools, zoning, and suitability.
Last Agent to Sell the Property
Marshall Lane Real Estate License #211818 Listed on: 03/13/2025
Last Buyer's Agent
GLAR Non-Member
GLAR Office - non member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,743
Year Built
- Built in 2002
Lot Details
- 21.56 Acre Lot
- Secluded Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Driveway
- Off-Street Parking
Property Views
- Lake
- Woods
- Farm
- Rural
Home Design
- Brick Veneer
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Propane Fireplace
- Insulated Windows
- Window Screens
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Living Room
- Dining Room
- Bonus Room
- Utility Room
- Washer and Electric Dryer Hookup
- Attic Access Panel
- Storm Doors
Kitchen
- Eat-In Kitchen
- Double Oven
- Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
Finished Basement
- Walk-Out Basement
- Fireplace in Basement
Outdoor Features
- Patio
- Porch
Schools
- Peaks Mill Elementary School
- Elkhorn Middle School
- Franklin Co High School
Farming
- Barn
Utilities
- Forced Air Zoned Heating and Cooling System
- Air Source Heat Pump
- Dual Heating Fuel
- Heating System Powered By Leased Propane
- Propane
- Electric Water Heater
- Septic Tank
Community Details
- North Fork Subdivision
Listing and Financial Details
- Assessor Parcel Number 093-00-00-004.44
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Aug 13, 2025
Sold by
Farley Frank Donald and Farley Cheri Sue
Bought by
Thompson Douglas and Schenken Karen Ann
Seller's Agent
Mike Barnes
Marshall Lane Real Estate
Buyer's Agent
GLAR Non-Member
GLAR Office - non member
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%
Views
176
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.41%
Original Mortgage
$852,225
Outstanding Balance
$852,225
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$43,200
Purchase Details
Listed on
Apr 3, 2013
Closed on
Jul 9, 2013
Sold by
Mainsource Bank
Bought by
Farley Donald and Farley Cheri Sue
Seller's Agent
John Elling
Rector Hayden Realtors
Buyer's Agent
Michael Barnes
CENTURY 21 Commonwealth R E
List Price
$385,000
Sold Price
$385,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$346,500
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2013
Sold by
Quire Robert Scott and Quire Mary Kay
Bought by
Mainsource Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $825,000 | Clear Title | |
| Special Warranty Deed | $385,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $852,225 | VA | |
| Previous Owner | $331,200 | New Conventional | |
| Previous Owner | $346,500 | New Conventional | |
| Previous Owner | $675,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Sold | $825,000 | -5.7% | $147 / Sq Ft |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | Price Changed | $875,000 | -2.7% | $156 / Sq Ft |
| 04/07/2025 04/07/25 | Price Changed | $899,000 | -2.8% | $160 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $925,000 | +12.1% | $165 / Sq Ft |
| 02/25/2025 02/25/25 | Off Market | $825,000 | -- | -- |
| 12/06/2024 12/06/24 | Price Changed | $925,000 | -2.6% | $165 / Sq Ft |
| 10/30/2024 10/30/24 | For Sale | $949,900 | +146.7% | $169 / Sq Ft |
| 07/09/2013 07/09/13 | Sold | $385,000 | 0.0% | $68 / Sq Ft |
| 06/19/2013 06/19/13 | Pending | -- | -- | -- |
| 04/03/2013 04/03/13 | For Sale | $385,000 | -- | $68 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $3,743 | $310,085 | $0 | $0 |
| 2023 | $3,706 | $310,085 | $0 | $0 |
| 2022 | $3,671 | $310,085 | $0 | $0 |
| 2021 | $3,642 | $310,085 | $0 | $0 |
| 2020 | $3,675 | $310,085 | $10,085 | $300,000 |
| 2019 | $3,752 | $310,085 | $10,085 | $300,000 |
| 2018 | $3,610 | $299,161 | $9,161 | $290,000 |
| 2017 | -- | $296,403 | $6,403 | $290,000 |
| 2016 | $3,380 | $296,403 | $6,403 | $290,000 |
| 2015 | $2,509 | $296,403 | $6,403 | $290,000 |
| 2011 | $2,509 | $251,403 | $6,403 | $245,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Barnes
-
Stuart Raney
Seller Co-Listing Agent in 2025
Stuart Raney
Marshall Lane Real Estate - Lexington
(859) 771-8477
34 Total Sales
-
G
Buyer's Agent in 2025
GLAR Non-Member
GLAR Office - non member
-
J
Seller's Agent in 2013
John Elling
Rector Hayden Realtors
-
Carolyn McDonald
Seller Co-Listing Agent in 2013
Carolyn McDonald
Rector Hayden Realtors
(859) 227-2893
63 Total Sales
-
M
Buyer's Agent in 2013
Michael Barnes
CENTURY 21 Commonwealth R E
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 24022866
APN: 093-00-00-004.44
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