NOT LISTED FOR SALE

947 Talmage Mayo Rd Harrodsburg, KY 40330

Estimated Value: $353,000 - $463,745

37.7 Acres
$10,317 Price per Acre
1,642,212 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $290,000 $118 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,304/month

9 Days on Market

Highlights

  • 37.7 Acre Lot
  • Ranch Style House
  • Entrance Foyer
  • Wooded Lot
  • Fireplace
  • Tobacco Barn

About This Lot

As of May 2022

Private road leading to secluded farm land just perfect for your mini farm. Large brick ranch home, 4920 sq. ft., that needs alot of TLC. Home is uninhabitable and some listing information cannot be verified and will not pass any inspections for funding. This home has been in dispute for quite awhile, but now it is ready to be sold. Large barn on 37.70 acres of land ready for recreational, farming, or for investment purposes. Property is sold 'AS IS'. This is an estate. Allow a minimum of 72 hours for any offer acceptance. Buyer or Buyer's Agent to verify all measurements and listing information.

Last Agent to Sell the Property

Danny Jones

GFAC Property Management, LLC License #215531 Listed on: 10/22/2021

Last Buyer's Agent

Danny Jones

GFAC Property Management, LLC License #215531 Listed on: 10/22/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,225

Lot Details

  • 37.7 Acre Lot
  • Gentle Sloping Lot
  • Wooded Lot

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 2,460 Sq Ft Home
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mercer Co Elementary And Middle School
  • Mercer Intermediate
  • Mercer Co High School

Additional Features

  • Tobacco Barn
  • Sewer Not Available

Community Details

  • Rural Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,225

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • Architectural Style: Ranch
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Land
  • Location Tax Legal Info:Elementary School: Mercer Co
  • Location Tax Legal Info:Middle or Junior School: Mercer Co
  • Location Tax Legal Info:High School: Mercer Co
  • Location Tax Legal Info:Intermediate School: Mercer Intermediate
  • Contract Info:On Market Date: 2021-10-22
  • General Property Description:Lot Size Acres: 37.7
  • General Property Description:Below Grade Unfinished Area: 2460.0
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • General Property Description:Approximate Living Area: 2460.0
  • Present Use Potential Use: Investment
  • Topography:Wooded2: Yes
  • Topography:Gently Rolling: Yes
  • Sewer:None: Yes
  • Main Residence Features:Foyer3: Yes
  • Main Residence Features:Fireplace2: Yes
  • Main Residence Features:Carpeted: Yes
  • Main Residence Features:Basement5: Yes
  • Farm Improvements:Tobacco Barn(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2460.0
  • Lot Size Area: 37.7
  • Main Residence Features:Dining Room4: Yes
  • Main Residence Features:Family Room4: Yes

Exterior Features

  • List Price: 139900.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: None, Other
  • Water Source: Public

Schools

  • Elementary School: Mercer Co
  • High School: Mercer Co
  • Middle or Junior School: Mercer Co

Lot Info

  • Topography: {"Wooded":true,"Gently Rolling":true}
  • Lot Size Acres: 37.7
  • Lot Size Sq Ft: 1642212.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
May 16, 2022
Sold by
Bailey Brian D
Bought by
Smith Randolph L and Smith Donna
Seller's Agent
Danny Jones
GFAC Property Management, LLC
Buyer's Agent
Danny Jones
GFAC Property Management, LLC
List Price
$139,900
Sold Price
$290,000
Premium/Discount to List
$150,100
107.29%
Current Estimated Value
$388,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,936
Avg. Annual Appreciation
12.81%
Original Mortgage
$376,039
Outstanding Balance
$360,894
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
$70,812

Purchase Details

Closed on
Jul 22, 2021
Sold by
Dennison Mary Morris
Bought by
Adair Asset Management Llc
Source: Public Records

Range of Values:

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Average Value
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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
Smith Randolph L $290,000 New Title Company Name
Adair Asset Management Llc $3,589,110 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Randolph L $376,039
Previous Owner Dennison Mary Morris $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $290,000 +107.3% $118 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $139,900 -- $57 / 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 $2,225 $186,195 $14,595 $171,600
2023 $2,246 $186,195 $0 $0
2022 $1,962 $166,095 $0 $0
2021 $2,165 $182,085 $0 $0
2020 $2,156 $182,085 $14,595 $167,490
2019 $2,189 $182,085 $14,595 $167,490
2018 $2,139 $182,085 $0 $0
2017 $2,067 $182,085 $0 $0
2016 $2,022 $181,467 $0 $0
2015 $1,575 $181,467 $10,812 $170,655
2014 $1,575 $181,467 $10,812 $170,655
2010 -- $181,467 $10,812 $170,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20122988

ImagineMLS (Bluegrass REALTORS®)

APN: 034.00-00001.00