×

  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

(SOLD) $1,600,000

440 Johnston Road Lexington, KY  40516

Property Description for 440 Johnston Road Lexington, KY 40516

11 acre Farm and Training Facility adjacent to the Kentucky Thoroughbred Training Center! This is a great opportunity to purchase an extremely well located property with built in business opportunity. The facility is 11.3 acres with a 100x220 metal building which houses a State of the Art equine swimming pool, ECB Saltwater Cold Spa (new), 14 stalls, 5 wash bays, office/lounge, 60x70 open exercise area, tack and feed rooms etc. Additionally there are 8 outside shed row stalls with adjacent 24x52 metal building w/ bath and office, 10 paddocks and a field for outside gallop/exercise and ample space for trailer turning and parking. The current owner has an arrangement with the Training Center to use the adjacent one mile training track on a per horse per day basis. Great Location and Opportunity!

Address:440 Johnston Road Lexington KY 40516
Status:Sold
Sold On: 1/17/2024
Price:$1,674,000
Bathrooms:0
Lot Size:11.31
County: Fayette
School System : Fayette County - 1
MLS #:23000454
Property Type:Farm

Lot Dimensions:492664
Zoning:AR
Water Source:Public
Directions:North on Paris Pike, turn Right onto Johnston Road just past the Thoroughbred Center. Driveway is about .5 miles ahead on the right and is the 2nd property up the driveway on the left

Loan Price
$9,013
Price And Interest $8,346/month
Property Tax $0/month
MTG INS $0/month
HOME INS $667/month
Price
$1,600,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$8,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 002 - Fayette County NE
City:Lexington
Subdivision: Rural
Zip Code:40516

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 440 Johnston Road Lexington, KY  40516


Get more information

Listing provided courtesy of Tom Biederman with Biederman Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Lexington, KY Market Report

80
Avg. DOM
$219.58
Avg. $ / Sq.Ft.
$ 415,000
Med. List Price

The house prices in Lexington are not dropping at the moment. There has been a increase in price of $22,005.16. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Up. The average house price is $401,524.00 and the average price per square feet is $220.16 per square feet. At the moment, the amount of homes listed is exactly 5051 houses, with 326 with active status, 505 with pending status and 4220 sold in Lexington .

The most popular place to buy a home in Lexington is 003 - Fayette County SE. 003 - Fayette County SE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 1414 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $39,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1833 and the newest built house is in year 9999.

The average size of properties in Lexington is 69.46 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

Community Links

Newest Listings |
Open Houses |
Foreclosures |
Price Reductions |
New Construction |
Short-Sales |
Hud

Nearby Locations

Farmers | Keene | Lexington | Wellington |

Search by Price

Under $50,000| Under $75,000| Under $100,000| Under $125,000| Under $150,000| Under $200,000| Under $225,000| Under $250,000| Under $275,000| Under $300,000| Under $325,000| Under $375,000| Under $400,000| Under $425,000| Under $450,000| Under $475,000| Under $500,000| Under $600,000| Under $700,000| Under $800,000| Under $900,000| Under $1,000,000| Cheap Affordable|

Search by house feature

1 Bedroom| 2 Bedrooms 2 Baths| 2 Bedrooms| 3 Bedrooms| 4 Bedrooms| 5 Bedrooms| 1 Bathroom| 2 Bathrooms| 3 Bathrooms| 4 Bathrooms| Brick Exterior| Patio| Ranch Style| Wood Exterior|

Search by house type

Colonial| Contemporary| Craftsman| Farm| Mid Century| Ranch| Single Family| Luxury| Multi Family|

Lexington Neighborhoods