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555 Lucas Ln, Frankfort, KY, 40601

$925,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
House

Location

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555 Lucas Ln, Frankfort$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Year Built2002
HeatingElectric, Other, Heat Pump, Forced Air, Propane
CoolingHeat Pump, Electric, Zoned
BasementYes
FireplaceBasement, Gas Fireplace, Wood Burning, Gas Log, Family Room
MLS #24022866
Lot Size21.56 Acres
StatusActive

About 555 Lucas Ln

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.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 2

Listing Office:

  • Office Name: Marshall Lane Real Estate
  • Office Phone: (502) 682-1226

Interior Features

Interior Information:

  • Appliances: Double Oven, Electric Water Heater, Cooktop, Refrigerator, Dishwasher
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Tile, Hardwood
  • Interior: Dining Area, Entrance Foyer, Primary First Floor, Walk-In Closet(s), Whirlpool, Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Basement, Gas Fireplace, Wood Burning, Gas Log, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Driveway

Virtual/3D Tour

  • Virtual Tour: 555 Lucas Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Secluded, Wooded
  • Lot Size: 21.56 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other, Heat Pump, Forced Air, Propane
  • Cooling: Heat Pump, Electric, Zoned

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000

Tax Information:

  • Annual Amount: $3,380
  • Tax Year: 2017
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Housing Market Comparison

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

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Frankfort, KY

City

Med. Sold Price

$239K

Med. Price/SqFt

$131

Avg. Days On Market

31

# of Sold Homes

51

555 Lucas Ln vs Frankfort

52 DAYS ON ROCKET

+21 Days

$925,000

+$686K More

KEY TAKEAWAY

This property is $686K more than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24022866

Listing Office:

  • Office Name: Marshall Lane Real Estate
  • Office Phone: (502) 682-1226

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: 12/21/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2013Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $310,085
2018 - $299,161
2017$3,380$296,403

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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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-812997
3
/10

  • Elkhorn Elementary School

  • 928 E Main St

  • 2.78 miles

  • Public District Grades 1-5

school-card-donut-812998
4
/10

  • Peaks Mill Elementary School

  • 100 Peaks Mill Rd

  • 2.96 miles

  • Public District Grades 1-5

school-card-donut-812999
3
/10

  • Hearn Elementary School

  • 300 Copperleaf Blvd

  • 3.01 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,791. Typical income of Frankfort, KY residents is between $35k-100k annually. Residents typically live in married, 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 Frankfort, 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 Frankfort, KY.

Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.

What is it like to live in Frankfort, KY?

Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.

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

The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.

Transportation in Frankfort, KY.

Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.

Frequently Asked Questions About 555 Lucas Ln

What is the listing price of this property?

The listing price of 555 Lucas Ln property is $925,000.

What type of property is this?

The property 555 Lucas Ln is a house located in Frankfort, Kentucky, 40601.

Is this property for sale now?

Active Listing: 555 Lucas Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2017 is $3,380 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2013 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 555 Lucas Ln has 5 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 555 Lucas Ln is 2002.

Rocket Homes›Kentucky›Franklin County›Frankfort›40601›555 Lucas Ln

This home is located at 555 Lucas Ln in Frankfort, KY and zip code 40601. This home, which was built in 2002, sits on a 21.56 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $925,000.

In November 2024, from all listings sold in Frankfort, KY there were more than 8 sold above asking price, over 28 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Frankfort, KY decreased by 3.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $239,000, while the average time on the real estate market was 31 days.

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

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