3506 Lexington Road, Richmond, KY 40475 (MLS# 20107443)

3506 Lexington Road, Richmond, KY 40475

$1,105,000

Property Type: Farm Bedrooms: 3 Baths: 1 Square Footage: 1,823 Lot Size (sq. ft.): 4,505,415 Status: Closed

Current Price: $1,105,000 List Date: 4/24/2021 Last Modified: 9/03/2025

Overview

Description

This is a great property with amazing potential - +/-103.45 acres on sewer system. It lays well for residential development with open areas, wooded edges, pond, and wildlife. Only 16 miles from Lexington!

Listing Details MLS# 20107443

Listing Information

Property Sub Type: Farm

Status Change Information

Price Change Timestamp: 2021-05-21T17:01:25Z
Status Change Timestamp: 2022-02-10
Purchase Contract Date: 2021-08-11
Close Date: 2022-02-08
Close Price: 1105000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Madison
Street Number: 3506
Street Name: Lexington
Street Suffix: Road
State: KY
Zip Code: 40475
Parcel Number: 0038-0000-0034

Contract

Original List Price: 1800000
Start Showing Date: 2021-04-24
Listing Contract Date: 2021-04-24
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/Acre: 12000
List Price/SqFt: 680.83
Sold Price/Acre: 10683.55
Sold Price/SqFt: 606.14
SP/LP: 0.89

Tax Legal

MLS Area Major: 008 - Madison County
Subdivision Name: Rural
High School District: Madison County - 8

Interior

Bedrooms Total: 3
Bathrooms Total: Yes
Bathrooms Full: Yes
Above Grade Finished Area: 1823
Living Area: 1823
Basement YN: Yes
Fireplace YN: Yes

More Information

Building

Year Built: 1950

Lot

Lot Size Acres: 103.43
Lot Size Square Feet: 4505414.94
Lot Size Dimensions: +/- 103.43
Road Frontage Feet: 2400
Conservation Easement YN: No

Utilities

Heating YN: Yes
Cable Available: Yes
Electricity Available: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: This is a great property with amazing potential - +/-103.45 acres on sewer system. It lays well for residential development with open areas, wooded edges, pond, and wildlife. Only 16 miles from Lexington!

Land Details

Farm With House YN: Yes

Other Structures Info

Number Of Tobacco Barns: 2

Tax & Legal

Elementary School: Boonesborough
Middle Or Junior School: Michael Caudill
High School: Madison Central
Tax Rate: 0.0101
Directions: From Lexington, cross Clays Ferry bridge, take next exit onto Lexington Rd. Property between Wells Ridge and Shiloh Point subdivisions.

Architectural Style

Ranch: Yes

Cooling

Central Air: Yes

Fencing

Wire: Yes

Heating

Forced Air: Yes

Levels

One: Yes

Lot Features

Level: Yes
Wooded: Yes

Current Use

Pasture: Yes

Possible Use

Residential: Yes
Other: Yes

Farm Improvements

Stock Barn(s): Yes
Tobacco Barn(s): Yes

Housing

Main: Yes

Possession Farm Land

Negotiable: Yes

Documents

Aerial Photo: Yes

Property Features

Utilities: Cable Available; Electricity Available; Phone Available; Water Available; Cable Available; Electricity Available; Phone Available; Water Available Architectural Style: Ranch Cooling: Central Air Current Use: Pasture Farm Improvements: Stock Barn(s); Tobacco Barn(s) Fencing: Wire Heating: Forced Air Housing: Main Levels: One Lot Features: Level; Wooded Possession Farm Land: Negotiable Possible Use: Residential; Other Documents: Aerial Photo

Listing Office: Keller Williams Commonwealth

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.