new - 3 days on rocket

2924 Lancaster Rd, Richmond, KY, 40475

$125,000

2.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Lot
MLS #24023176
Lot Size2.00 Acres
StatusActive

About 2924 Lancaster Rd

Gorgeous views from this amazing 2 acre tract of land just before the new section of 52W highway that leads to Lancaster, just off old Lancaster Road. GREAT LOCATION!! Buy this land and build your dream home where you can see for miles and miles with the greatest view of sunsets in the entire county. Only 3 miles off I75 exit 83 (Buccees exit), 6 miles to EKU and only 5.2 miles to Richmond Centre. Seller to approve house plans and final restrictions will be provided as offers come in.

Property Details

Property Features

Listing Office:

  • Office Name: BlueHorse Realty
  • Office Phone: (859) 661-5117

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

School Info

Assigned Schools Information:

  • Madison Southern High School, Public District Grades 9-12
  • Model Laboratory High School, Public District Grades 9-12
  • Model Laboratory Middle School, Public District Grades 6-8
  • Kirksville Elementary School, Public District Grades PK-5
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: EKU By-Pass to Lancaster Rd. go 6.7 miles turn right, up lane( right before you get to the new road) and beside neighbors mailbox 2924, than go us the lane, lot will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $1,518
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$300.3K

Med. Price/SqFt

$106

Avg. Days On Market

37

# of Sold Homes

59

2924 Lancaster Rd vs Richmond

3 DAYS ON ROCKET

-34 Days

$125,000

-$175.3K Less

KEY TAKEAWAY

This property is $175.3K less than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24023176

Listing Office:

  • Office Name: BlueHorse Realty
  • Office Phone: (859) 661-5117

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: 11/5/2024, 9:20:52 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

Apr 14, 2006Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,518$150,000
2019$991$97,450
2018$990$97,450

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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.

Elementary School

school-card-donut-2107072
6
/10
  • Kirksville Elementary School

  • 2399 Lancaster Rd

  • 2.19 miles

  • Public District Grades PK-5

school-card-donut-2107073
7
/10
  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 6.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2107074
7
/10
  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 6.53 miles

  • Public District Grades 6-8

High School

school-card-donut-2107075
7
/10
  • Madison Southern High School

  • 213 Glades Rd

  • 6.37 miles

  • Public District Grades 9-12

school-card-donut-2107076
8
/10
  • Model Laboratory High School

  • 521 Lancaster Ave

  • 6.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,698. Most Richmond, KY residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Richmond, 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.

What type of housing is available in Richmond, KY?

Richmond's housing market showcases a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from classic colonial to contemporary, reflecting the city's historical roots and modern growth. The market is balanced with a mix of both homeowners and renters, providing living spaces for a variety of preferences and needs.

Is Richmond, KY a good place to live?

Richmond is celebrated for its historical significance and vibrant community spirit. The city prides itself on its rich cultural heritage, with numerous landmarks and museums that pay homage to its past. Annual events and festivals contribute to the strong sense of community, drawing residents together to celebrate and foster local traditions.

Are things conveniently located in Richmond, KY?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture and cuisine. Initiatives are in place to adapt services to the evolving needs of Richmond's diverse population.

What does the transportation in Richmond, KY look like?

Richmond's transport infrastructure caters to a variety of mobility needs, with public transit options complementing the network of roads and highways that connect the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike paths are also available for cycling enthusiasts. Enhancements to the transportation system are ongoing, aiming to improve the efficiency and accessibility for all residents.

Frequently Asked Questions About 2924 Lancaster Rd

What is the listing price of this property?

The listing price of 2924 Lancaster Rd property is $125,000.

What type of property is this?

The property 2924 Lancaster Rd is land located in Richmond, Kentucky, 40475.

Is this property for sale now?

Active Listing: 2924 Lancaster Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2924 Lancaster Rd are:
Kirksville Elementary School: GreatSchools Rating 6/10
Model Laboratory Elementary School: GreatSchools Rating 7/10
Model Laboratory Middle School: GreatSchools Rating 7/10
Madison Southern High School: GreatSchools Rating 7/10
Model Laboratory High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,518 (source: MLS/based on county public records data).

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

The last sale was on April 14, 2006 for $500,000. (source: MLS/tax record).

How much acreage is this property?

The property 2924 Lancaster Rd is 2.00 acres.
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Rocket HomesKentuckyMadison CountyRichmond404752924 Lancaster Rd

This home is located at 2924 Lancaster Rd in Richmond, KY and zip code 40475. This home sits on a 2.00 acre lot. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $125,000.

Over 7 listings were sold over their listed price in October 2024 in Richmond, KY. In the same period over 37 listings were sold below the listed price and 15 listings were sold for the listed price. Between September 2024 and October 2024, Richmond, KY real estate market has seen increase in the number of listings by 9%. In October 2024 median list price was $300,300 and the average listing age was 37 days.

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

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