$260,000
SOLD MAR 31, 2022

640 Jones Ln Frankfort, KY 40601

4 Beds
3 Baths
4,640 Sq Ft
0.85 Acres

Recently Sold

$56 Per Sq Ft

9% Above List Price

2 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Wood Flooring
  • Bonus Room
  • 2 Car Detached Garage

About This Home

As of March 2022

Perfectly situated in the Capital city of Frankfort just 4 minutes from restaurants, shopping, and interstate 64. This spacious lot and home boasts 4 beds, 3 baths, and a 400 square foot living room perfect for entertaining. Additionally, the finished basement has a full size kitchen, full bath, non-conforming bedroom, and spacious living area with walkout access making it perfect for multigenerational living or having additional entertaining space. The detached building not only serves as a garage, but also has ample space for a workshop with extra tall garage doors capable of storing a small boat, trailer or recreational vehicles. 10 mins to the Capitol, 20 mins to Shelbyville, 25 minutes to Georgetown and Lexington, you get the privacy and space of rural living with a short commute to all the surrounding cities have to offer. Inspections welcome, being sold as-is. Buyer to verify all data.

Last Agent to Sell the Property

Wade Myers

365 Realty, LLC License #222704 Listed on: 01/10/2022

Last Buyer's Agent

Catherine Wilson

Kentucky Land and Home License #218860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1986

Lot Details

  • 0.85 Acre Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Veneer
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Finished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Collins Lane Elementary School
  • Bondurant Middle School
  • Western Hills High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Powered By Owned Propane
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-00-00-007.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,138

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 2320.0
  • Levels: One
  • New Construction: No
  • Location Tax Legal Info:Elementary School: Collins Lane
  • Location Tax Legal Info:Middle or Junior School: Bondurant
  • Location Tax Legal Info:High School: Western Hills
  • Contract Info:On Market Date: 2022-01-09
  • General Property Description:Lot Size Acres: 0.85
  • General Property Description:Above Grade Finished Area: 2320.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Utilities:Propane3: Propane Connected
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Attic:Attic YN: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Stories:One: Yes
  • Flooring:Laminate: Yes
  • Cooling:Electric2: Yes
  • Pool Features:Pool YN: No
  • Flooring:Vinyl: Yes
  • General Property Description:Below Grade Finished Area: 2320.0
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Attic:Pull Down Stairs: Yes
  • General Property Description:Finished Area Total: 4640.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Range
  • Interior Amenities: Primary First Floor, Dining Area, Bedroom First Floor, In-Law Floorplan
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished, Concrete, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2320.0
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Lot Size Area: 0.85
  • Window Features: Screens, Blinds
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary First Floor: Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Bedroom First Floor: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Walk-Out Access: Yes
  • Rooms:_pound_ of Bedrooms2: 1

Exterior Features

  • Exterior Features: Deck, Storm Door(s)
  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Foundation Details: Concrete Perimeter
  • List Price: 237900.0
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes
  • Garage Features:Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Natural Gas, Propane Tank Owned
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Propane Tank Owned: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Collins Lane
  • High School: Western Hills
  • Middle or Junior School: Bondurant

Lot Info

  • Lot Size Acres: 0.85
  • Lot Size Sq Ft: 37026.0
  • Parcel Number: 051-00-00-007.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 31, 2022
Sold by
Heady David R
Bought by
Clark Kayla Ann and Clark Cody
Seller's Agent
Wade Myers
365 Realty, LLC
Buyer's Agent
Catherine Wilson
Kentucky Land and Home
List Price
$237,900
Sold Price
$260,000
Premium/Discount to List
$22,100
9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$255,290
Outstanding Balance
$241,213
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$133,011

Purchase Details

Closed on
Jun 9, 2006
Sold by
Wooldridge Karen and Wooldridge Terry
Bought by
Heady David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,495
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $260,000 None Listed On Document
Deed $192,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,290 FHA
Previous Owner $193,325 FHA
Previous Owner $190,495 FHA
Closed $6,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
07/05/2025 07/05/25 Price Changed $372,500 -1.1% $89 / Sq Ft
06/28/2025 06/28/25 For Sale $376,500 +44.8% $90 / Sq Ft
03/31/2022 03/31/22 Sold $260,000 +9.3% $56 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $237,900 -- $51 / 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 $3,138 $260,000 $0 $0
2023 $3,107 $260,000 $0 $0
2022 $2,901 $245,000 $0 $0
2021 $2,408 $205,000 $0 $0
2020 $2,275 $192,000 $25,000 $167,000
2019 $2,323 $192,000 $25,000 $167,000
2018 $2,317 $192,000 $25,000 $167,000
2017 -- $192,000 $25,000 $167,000
2016 $2,190 $192,000 $25,000 $167,000
2015 $1,916 $192,000 $25,000 $167,000
2011 $1,916 $192,000 $25,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22000379

ImagineMLS (Bluegrass REALTORS®)

APN: 051-00-00-007.01