4 months on rocket

4700 Old Ironworks Rd, Lexington, KY, 40511

$125,000

0.92 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #24014501
Lot Size0.92 Acres
StatusActive

About 4700 Old Ironworks Rd

Fantastic opportunity to build your dream home on a nearly 1 acre lot ideally situated between Lexington and Georgetown. This level lot is on a dead-end street that is adjacent to farmland. This lot is ideal for those seeking a quiet location, yet still conveniently located close to down and I-64. Sewer would be on septic (perc test already approved), water and electric are nearby.

Property Details

Property Features

Listing Office:

  • Office Name: Tom Harper and Associates
  • Office Phone: (859) 625-9889

Lot Features

Lot Information:

  • Lot Size: 0.92 Acres

Other

Directions Information:

  • Directions: From Georgetown Rd, pass Ironworks on the right, then the first right on Old Ironworks.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

4700 Old Ironworks Rd vs Lexington

134 DAYS ON ROCKET

+112 Days

$125,000

-$199.7K Less

KEY TAKEAWAY

This property is $199.7K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24014501

Listing Office:

  • Office Name: Tom Harper and Associates
  • Office Phone: (859) 625-9889

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1257516
4
/10
  • Lemons Mill Elementary School

  • 300 School House St

  • 2.50 miles

  • Public District Grades KG-5

school-card-donut-1257517
2
/10
  • Southern Elementary School

  • 1200 Fairfax Way

  • 3.12 miles

  • Public District Grades KG-5

school-card-donut-1257518
8
/10
  • Sandersville Elementary School

  • 3025 Sandersville Rd

  • 3.29 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,203. Most Lexington, KY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lexington, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Lexington, KY.

The housing landscape in Lexington is characterized by a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and contemporary designs that cater to modern preferences. The market also includes a selection of apartments and townhouses, providing alternatives for those seeking different living arrangements. The homeownership rate in Lexington is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

What is it like to live in Lexington, KY?

Lexington is celebrated for its vibrant equestrian culture and is often referred to as the 'Horse Capital of the World.' The community prides itself on its picturesque landscapes, with rolling hills and horse farms defining much of the area's character. Local events such as the annual Kentucky Three-Day Event showcase the city's deep connection to horse racing and equestrian activities, reflecting the unique identity and values of the community.

Is it easy to get around Lexington, KY without a car?

The community benefits from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school. Lexington also hosts a number of private educational institutions, some with religious affiliations, offering additional choices for residents. Healthcare facilities are comprehensive, with major hospitals providing a range of services from urgent care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining experiences are plentiful, with options that mirror the local culture and cuisine.

Transportation in Lexington, KY.

Lexington's transport infrastructure supports both private and public transit options, with a public bus system that operates on a set schedule, facilitating movement around the city. While specific ride-sharing statistics are not mentioned, such services are available to complement the public transportation system. The city features areas that are pedestrian-friendly, particularly in the downtown region, and efforts have been made to improve bikeability. A network of roads and highways, including the New Circle Road and major routes like I-75 and I-64, aid in efficient commuting and travel to and from Lexington.

Frequently Asked Questions About 4700 Old Ironworks Rd

What is the listing price of this property?

The listing price of 4700 Old Ironworks Rd property is $125,000.

What type of property is this?

The property 4700 Old Ironworks Rd is land located in Lexington, Kentucky, 40511.

Is this property for sale now?

Active Listing: 4700 Old Ironworks Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 4700 Old Ironworks Rd is 0.92 acres.
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Rocket HomesKentuckyFayette CountyLexington405114700 Old Ironworks Rd

This home is located at 4700 Old Ironworks Rd in Lexington, KY and zip code 40511. This home sits on a 0.92 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $125,000.

In October 2024 more than 60 listings in Lexington, KY were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 160 were sold below. The number of listings in Lexington, KY increased by 1.6% between September 2024 and October 2024. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $324,770.

From Rocket Homes Real Estate and based on county public records data.

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