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(SOLD) $1,300,000

3219 Jones Lane Frankfort, KY  40601

Property Description for 3219 Jones Lane Frankfort, KY 40601

This impressive listing with extensive creek frontage of approx. 1.3 miles along the North Elkhorn Creek is a stunner on Jones Lane (near Switzer Covered Bridge) in Franklin County. There are multiple potential building sites with wonderful views on this property and this property is a great location relative to Frankfort, Georgetown, and Lexington commutes. Electric and water on property. Note: This sale includes two parcels- 3219 & 3370 Jones Lane. The larger one, surveyed at 191.26 acres, was the seller's initial purchase, and the adjacent smaller piece (PVA shows .82 acres) was purchased later to improve the access. Boundaries shown on video are approximated and not guaranteed (see survey copy attached to listing). There are multiple structures on the property in various condition. REDNECK-brand deer stands referenced in video and pics are NOT included in the sales price, but are negotiable for purchase between buyer and seller. There is a potential 60 acre +/- crop lease for 2024 depending on future date of sale. This too is a negotiable term of sale. Buyer to satisfy themselves with regards to all aspects of these parcels.

Address:3219 Jones Lane Frankfort KY 40601
Status:Sold
Sold On: 3/20/2024
Price:$1,496,000
Bathrooms:0
Lot Size:192.08
County: Franklin
MLS #:24001009
Property Type:Farm

Lot Dimensions:8367005
Directions:from 460: Switzer Rd to Jones Lane near Switzer Covered Bridge. Property on right

Loan Price
$7,323
Price And Interest $6,781/month
Property Tax $0/month
MTG INS $0/month
HOME INS $542/month
Price
$1,300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$6,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 014 - Franklin County
Subdivision: Rural
Zip Code:40601

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

Schools in 3219 Jones Lane Frankfort, KY  40601


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Listing provided courtesy of Mike Barnes and null member 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

96
Avg. DOM
$200.17
Avg. $ / Sq.Ft.
$ 378,695
Med. List Price

The house prices in Frankfort are not dropping at the moment. There has been a increase in price of $12,138.63. 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 Up. The average house price is $389,080.00 and the average price per square feet is $230.84 per square feet. At the moment, the amount of homes listed is exactly 773 houses, with 74 with active status, 90 with pending status and 609 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 77 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 1798 minutes ago.

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

The cost of the most expensive home in Frankfort is $2,200,000.00. 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 Frankfort is $29,500.00 . 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 Frankfort in year 1830 and the newest built house is in year 9999.

The average size of properties in Frankfort is 453.59 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.