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(SOLD) $3,500,000

1040 Cane Run Road Georgetown, KY  40324

  • 4 Beds
  • 4 Baths
  • 4,300 sq. Ft

Property Description for 1040 Cane Run Road Georgetown, KY 40324

Rare opportunity to acquire 111 acres of beautiful bluegrass heritage on historic Iron Works Road and Cane Run Road in Scott County. The tree lined drive as you enter this peaceful farm sets the tone for the quiet beauty that awaits ahead. Nestled next to the great Glencrest Farm, the house has gorgeous views of green pastures and blue skies. The nicely appointed estate home boasts 4 bedrooms and 3.5 baths, a 3 car garage, and 360 views of the farm through the many windows that offer sunlight throughout the day. The nearby rubber paved centre aisle barn has 7 stalls with ann 8th stall outside in the equipment shed for use as a quarantine or stallion stall. All fields and pastures have been double seeded, all painted oak fencing is 1-3 years old and most fields have auto waterers. Four entrances to the farm, one on Iron Works Road, and three on Cane Run Road offer many options for traffic flow in and around the farm.

Address:1040 Cane Run Road Georgetown KY 40324
Status:Sold
Sold On: 11/7/2024
Price:$3,650,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:4,300
Year Built:1993
Lot Size:111.00
County: Scott
MLS #:24018809
Property Type:Farm

Lot Dimensions:4835160
Zoning:AR
Water Source:Public, Well, Pond(s)
Directions:From Georgetown Rd, Iron Works Road to Cane Run Rd, left and farm is on the right.
Abv. Grnd. Sq. Ft. :4,300
Total Sq. Ft. :4,300

Loan Price
$19,716
Price And Interest $18,258/month
Property Tax $0/month
MTG INS $0/month
HOME INS $1,458/month
Price
$3,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$17,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Foyer Info Not Available
Living Room Info Not Available
Dining Room Info Not Available
Kitchen Info Not Available
Family Room Info Not Available
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Home Office Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Half Bath Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 005 - Scott County
City:Georgetown
Subdivision: Rural
Zip Code:40324

Total Sq. Ft.:4,300
Heat:Cable, Forced Air, Hot Water, Zoned
Total Rooms:15
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Melanie Peterson 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.





Georgetown, KY Market Report

214
Avg. DOM
$169.09
Avg. $ / Sq.Ft.
$ 408,380
Med. List Price

The house prices in Georgetown are indeed dropping at the moment. There has been a decrease in price of $29,494.00. 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 Georgetown are going Down. The average house price is $406,967.50 and the average price per square feet is $148.90 per square feet. At the moment, the amount of homes listed is exactly 877 houses, with 252 with active status, 163 with pending status and 462 sold in Georgetown .

The most popular place to buy a home in Georgetown is 005 - Scott County. 005 - Scott County 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 Georgetown .

The average amount of property taxes you would have to pay for a home in Georgetown 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 Georgetown are staying listed for an average of 93 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 Georgetown was 2209 minutes ago.

At the moment we have 4 open houses that you can visit.

The cost of the most expensive home in Georgetown is $3,200,000.00. 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 Georgetown is $94,500.00 . 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 Georgetown in year 1867 and the newest built house is in year 9999.

The average size of properties in Georgetown is 29.98 sq.ft. , the biggest one being 3320 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.

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