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$925,000 ↓$24,900on 12/6/2024

555 Lucas Lane Frankfort, KY  40601

  • 5 Beds
  • 5 Baths

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Property Description for 555 Lucas Lane Frankfort, KY 40601

Near the Switzer area, Lucas Lane hosts a number of impressive homes with acreage, making this spacious 5 bedroom, 5 bath home one to be considered by buyers seeking such. This property is on 21+ acres with access to a shared water feature. Entering from the large covered porch, you find the main floor with primary en suite, formal dining and living rooms, great room w/ fireplace, eat-in kitchen w/ access to the patio, & a separate laundry. The 2nd floor has a central gathering space surrounded by 4 bedrooms and two full baths. Head down to the mostly finished walkout basement and you will find space for entertaining, working out, a home office, and a full bath. The gardeners garage provides great storage space. For those needing a place for a hobby, more storage, a place to work on a classic car, store a boat or RV, etc., you will like the 30' x 45' metal shop/barn. This well-built structure is located right along the driveway for convenient access. Driveway paved in 2020. New roof shingles in 2022. Buyer to verify all aspects of property including but not limited to features, boundaries, square feet, water, sewer, schools, zoning, and suitability.

Address:555 Lucas Lane Frankfort KY 40601
Status:Active
on site: 52 days
Price:$925,000
Bedrooms:5 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Year Built:2002
Lot Size:21.56
County: Franklin
School System : Franklin County - 14
MLS #:24022866
Property Type:Single Family Residence

Lot Dimensions:939241
Lot Features:0, 1
Water Source:Public
Directions:From Georgetown Road (US 460) East turn left onto Switaer Road (KY 1689. Or if traveling West, turn right onto Switzer Road. In 1.2 miles turn lef onto Lucas Lane. In 0.3 mile, driveway is on left.
Abv. Grnd. Sq. Ft. :5,617
Sq. Ft. Source:Public Records
Garage:

Loan Price
$5,210
Price And Interest $4,825/month
Property Tax $0/month
MTG INS $0/month
HOME INS $385/month
Price
$925,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,620 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/06/24 $949,900 $925,000 -2.6%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Dining Room Info Not Available
Living Room Info Not Available
Great Room Info Not Available
Kitchen Info Not Available
Utility Room Info Not Available
Other Info Not Available
Other Info Not Available
Rec Room Info Not Available
Other Info Not Available
Bonus Room Info Not Available
Family Room Info Not Available
Foyer Info Not Available

Mandatory HOA Fee:$

Area: 014 - Franklin County
Subdivision: North Fork
Zip Code:40601

School System:Franklin County - 14
High School:Franklin Co
Middle School:Elkhorn Middle
Elementary School:Peaks Mill

Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Dining Area, Entrance Foyer, Ceiling Fan(s), Whirlpool
Exterior Type:Vinyl Siding, Brick Veneer
Heat:Combination, Forced Air, Heat Pump, Dual Fuel, Electric, Propane Tank Leased
Total Rooms:12
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 Mike Barnes and Stuart Raney with Marshall Lane 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.





Frankfort, KY Market Report

135
Avg. DOM
$204.66
Avg. $ / Sq.Ft.
$ 337,450
Med. List Price

The house prices in Frankfort are indeed dropping at the moment. There has been a decrease in price of $872.54. 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 Frankfort are going Down. The average house price is $332,500.00 and the average price per square feet is $199.99 per square feet. At the moment, the amount of homes listed is exactly 551 houses, with 144 with active status, 63 with pending status and 344 sold in Frankfort .

The most popular place to buy a home in Frankfort is 014 - Franklin County. 014 - Franklin 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 Frankfort .

The average amount of property taxes you would have to pay for a home in Frankfort 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 Frankfort are staying listed for an average of 67 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 Frankfort was 3851 minutes ago.

At the moment we have 5 open houses that you can visit.

The cost of the most expensive home in Frankfort is $1,500,000.00. 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 Frankfort is $49,000.00 . 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 Frankfort in year 1878 and the newest built house is in year 9999.

The average size of properties in Frankfort is 334.47 sq.ft. , the biggest one being 5482 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.