5060 Ironworks Pike, Lexington, KY 40511

$1,837,056
Property Type: Farm Lot Size (sq. ft.): 7,230,967 Status: Closed
Current Price: $1,837,056 List Date: 10/17/2012 Last Modified: 9/03/2025

Overview

Description

To be sold at Absolute Auction (166 +/- acres in 4 tracts) on Friday, April 26 at 10:30 a.m. Tract #1 - 5060 Iron Works Pike. 25 +/- acres. Beautiful raw land with 627 +/- feet of frontage on Iron Works Pike. Tract #2 - 5090 Iron Works Pike. 40 +/- acres. 21 stall barn. Tract #3 - Corner of Iron Works and N. Yarnallton. 35 +/- acres. Raw land. Tract #4 - 2150 N. Yarnallton. 66 +/- acres. 6 stall barn and 48' x 42' breeding barn. Employee house. Terms: 10% down and signed contract day of sale, balance and deed within 30 days. Property is sold as-is with no warranty expressed or implied. A six percent (6%) Buyer's Premium will be added to the final bid price to determine the total purchase price. Open House: Sunday, April 14 & April 21. 1:00-4:00 p.m.

Listing Details MLS# 1219678

Listing Information

Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2013-06-05T04:00:00Z
Status Change Timestamp
2013-06-05
Purchase Contract Date
2013-04-26
Close Date
2013-05-24
Close Price
1837056
Buyer Financing
Cash

Address

County
Fayette
Street Number
5060
Street Name
Ironworks
Street Suffix
Pike
Street Suffix Modifier
5090
State
KY
Zip Code
40511
Parcel Number
26667700

Contract

Original List Price
2324000
Start Showing Date
2012-10-17
Listing Contract Date
2012-10-17
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
14000
Sold Price/Acre
11066.6
SP/LP
0.79

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Rural

Lot

Lot Size Acres
166
Lot Size Square Feet
7230966.64
Road Frontage Feet
4300

More Information

Remarks

Public Remarks
To be sold at Absolute Auction (166 +/- acres in 4 tracts) on Friday, April 26 at 10:30 a.m. Tract #1 - 5060 Iron Works Pike. 25 +/- acres. Beautiful raw land with 627 +/- feet of frontage on Iron Works Pike. Tract #2 - 5090 Iron Works Pike. 40 +/- acres. 21 stall barn. Tract #3 - Corner of Iron Works and N. Yarnallton. 35 +/- acres. Raw land. Tract #4 - 2150 N. Yarnallton. 66 +/- acres. 6 stall barn and 48' x 42' breeding barn. Employee house. Terms: 10% down and signed contract day of sale, balance and deed within 30 days. Property is sold as-is with no warranty expressed or implied. A six percent (6%) Buyer's Premium will be added to the final bid price to determine the total purchase price. Open House: Sunday, April 14 & April 21. 1:00-4:00 p.m.

Other Structures Info

Number Of Horse Barns
2
Number Of Stalls
27

Tax & Legal

Tax Rate
0
Directions
Corner of Iron Works and N. Yarnallton. Less than 2 miles from the Kentucky Horse Park.

Interior

Living Area
0
Bathrooms Half
0
Above Grade Finished Area
0
Above Grade Unfinished Area
0

Utilities

Electricity Available
Yes
Phone Available
Yes
Water Available
Yes

Fencing

Plank
Yes
Wire
Yes

Horse Amenities

Barn
Yes
Hay Storage
Yes

Lot Features

Gentle Sloping
Yes

Sewer

Septic Tank
Yes

Current Use

Horses
Yes

Possible Use

Horses
Yes
Residential
Yes

Housing

Tenant(s)
Yes

Possession Auxiliary Dwelling

Negotiable
Yes

Possession Farm Land

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Call Listing Office
Yes
Show Anytime
Yes

Documents

Aerial Photo
Yes
Other
Yes

Property Features

Utilities: Electricity Available; Phone Available; Water Available; Electricity Available; Phone Available; Water Available Current Use: Horses Fencing: Plank; Wire Horse Amenities: Barn; Hay Storage Housing: Tenant(s) Lot Features: Gentle Sloping Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Close Of Escrow Possible Use: Horses; Residential Sewer: Septic Tank Showing Requirements: Call Listing Agent; Call Listing Office; Show Anytime Documents: Aerial Photo; Other
Listing Office: Justice Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
Search powered by FBS Products