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$815,000 $50,000on 3/15/2024

351 Spears Mill Road Paris, KY  40361

  • 1,300 sq. Ft

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Property Description for 351 Spears Mill Road Paris, KY 40361

+/- 36 acres horse farm in Bourbon County. Proposed subdivision in one tract with +/- 1,200 feet of road frontage at 351 Spears Mill Rd in Paris, Kentucky. Property includes a 3 bed 1 bath house sold 'as-is' to completely renovate (it has a new septic system put in 2024), a converted tobacco barn with new roof(120'x60') and with 18 stalls (11'x13') for horses, a wash stall, and storage, and an open side shed for equipment/storage. There are 18 paddocks (in average from +/- ½ ac to ⅔ ac) including 16 with run-in sheds, automatic waterers, 3 pastures (+/- 5 ac, 6ac and 6.6ac), and a 30' x 40' metal workshop with roll down doors. All is fully fenced with either four plank or Vmesh wire. Rare location close to the corner of Winchester Rd and Spears Mill Rd, in direct vicinity of Siena Farm, Stoneriggs Farm, and Hidden Brook Farm. 8 minutes from Paris, 35 minutes from Lexington. Perfect and ready for horses to move in. For sale as 36 acres parcel only but can be subsequently subdivided in 3 different tracts of 12 ac each with +/-400 feet of road frontage.

Address:351 Spears Mill Road Paris KY 40361
Status:Active
on site: 311 days
Price:$815,000
Bathrooms:0
Sq. Feet:1,300
Lot Size:36.00
County: Bourbon
MLS #:24000604
Property Type:Farm

Lot Dimensions:1568160
Zoning:AR
Directions:Head North on Hwy 27, when entering Paris, Ky, take Right on Winchester Rd, Take left on Spears Mill Rd. House will be on your left to the right of entrance.
Abv. Grnd. Sq. Ft. :1,318
Total Sq. Ft. :1,300

Loan Price
$4,591
Price And Interest $4,251/month
Property Tax $0/month
MTG INS $0/month
HOME INS $340/month
Price
$815,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,080 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/15/24 $865,000 $815,000 -5.800000000000001%
02/12/24 $895,000 $865,000 -3.4000000000000004%

RoomSizeLevel
Living Room Info Not Available
Kitchen Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 006 - Bourbon County
City:Paris
Subdivision: Rural
Zip Code:40361

Total Sq. Ft.:1,300
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Stephanie Jones-Nouvellet with JONES-NOUVELLET Farm 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.





Paris, KY Market Report

82
Avg. DOM
$ 389,900
Med. List Price

The house prices in Paris are not dropping at the moment. There has been a increase in price of $39,091.67. 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 Paris are going Up. The average house price is $389,900.00 and the average price per square feet is $215.98 per square feet. At the moment, the amount of homes listed is exactly 277 houses, with 25 with active status, 28 with pending status and 224 sold in Paris .

The most popular place to buy a home in Paris is 006 - Bourbon County. 006 - Bourbon 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 Paris .

The average amount of property taxes you would have to pay for a home in Paris 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 Paris are staying listed for an average of 87 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 Paris was 6588 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Paris is $6,475,000.00. 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 Paris is $40,000.00 . 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 Paris in year 1782 and the newest built house is in year 9999.

The average size of properties in Paris is 370.4 sq.ft. , the biggest one being 9260 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.