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: 0.82 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: $119,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lexington, KY.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$661
Per Month
Principal & Interest
$594
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$423
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lemons Mill Elementary School
300 School House St
Distance between this listing and this school2.38 miles
Public District Grades KG-5
2
/10
Southern Elementary School
1200 Fairfax Way
Distance between this listing and this school2.94 miles
Public District Grades KG-5
8
/10
Sandersville Elementary School
3025 Sandersville Rd
Distance between this listing and this school3.43 miles
Public District Grades KG-5
Nearby Schools
5
/10
Georgetown Middle School
730 S Hamilton St
Distance between this listing and this school3.35 miles
Public District Grades 6-8
4
/10
Leestown Middle School
2010 Leestown Rd
Distance between this listing and this school5.63 miles
Public District Grades 6-8
6
/10
Scott County Middle School
1036 Cardinal Dr
Distance between this listing and this school5.64 miles
Public District Grades 6-8
Nearby Schools
6
/10
Great Crossing High School
120 Betsy Way
Distance between this listing and this school5.31 miles
Public District Grades 9-12
5
/10
Scott County High School
1080 Cardinal Dr
Distance between this listing and this school5.77 miles
Public District Grades 9-12
1
/10
Fayette County Learning Center
475 Price Rd
Distance between this listing and this school5.97 miles
The neighbors living near this home have an average income of $57,203. Residents of Lexington, KY typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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 4708 Old Ironworks Rd
What is the listing price of this property?
The listing price of 4708 Old Ironworks Rd property is $119,000.
What type of property is this?
The property 4708 Old Ironworks Rd is land located in Lexington, Kentucky, 40511.
Is this property for sale now?
Active Listing: 4708 Old Ironworks Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 4708 Old Ironworks Rd is 0.82 acres.
Interested in 4708 Old Ironworks Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4708 Old Ironworks Rd in Lexington, KY and zip code 40511. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $119,000.
While more than 44 listings in Lexington, KY in November 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 128 were sold below. The number of listings in Lexington, KY decreased by 4.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $325,139, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.