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$485,000

5420 Lexington Road Paris, KY  40361

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Property Description for 5420 Lexington Road Paris, KY 40361

Don't just visit, but live in the 'Heart of Kentucky Horse Country' This property offers an exceptional opportunity to acquire a 12.135 acre building site, located on the beautiful and historic Lexington-Paris Pike. This beautiful corridor passes through some of the grandest, most beautiful and successful horse farms in the world. The property is 6 miles west of downtown Paris, 7 miles east of Lexington, only 10 miles from the world famous Kentucky Horse Park, and approximately 15 miles from the Lexington-Bluegrass Airport. The property is in a protected area that is highly regulated and restricted against all proposed uses of the land that could detract from its current, gorgeous setting, thereby ensuring the continued high value and exclusivity of the property. All requirements for the construction of your home and/or horse facility are already in place. You can begin construction upon receipt of your deed. Call today for an appointment to view this building site, since an opportunity like this is becoming more and more difficult to find in the Heart of Kentucky Horse Country.

Address:5420 Lexington Road Paris KY 40361
Status:Active
on site: 708 days
Price:$485,000
Bathrooms:0
Lot Size:12.14
County: Bourbon
School System : Bourbon County - 6
MLS #:23000281
Property Type:Farm

Lot Dimensions:528601
Zoning:AR
Water Source:Public
Directions:Travel from Lexington approximately 8 miles northeast on US 27/68. Property will be on the left side of the road, just south of the Bedford Acres Christian Church.
Sq. Ft. Source:Public Records

Loan Price
$2,732
Price And Interest $2,530/month
Property Tax $0/month
MTG INS $0/month
HOME INS $202/month
Price
$485,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,424 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

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

School System:Bourbon County - 6
High School:Bourbon Co
Middle School:Bourbon Co
Elementary School:Bourbon Central

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 Wayne Currans with Currans 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

87
Avg. DOM
$ 359,000
Med. List Price

The house prices in Paris are indeed dropping at the moment. There has been a decrease in price of $108,429.17. 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 Down. The average house price is $360,251.50 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 159 houses, with 34 with active status, 15 with pending status and 110 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 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 Paris was 3346 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 $107,000.00 . 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 1794 and the newest built house is in year 9999.

The average size of properties in Paris is 0 sq.ft. , the biggest one being 0 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.