124 S Ashland Avenue, Lexington, KY 40502

$900,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,990 Lot Size (sq. ft.): 21,733 Status: Closed
Current Price: $900,000 List Date: 4/02/2024 Last Modified: 8/29/2025

Overview

Description

Opportunity in historic Ashland Park! This South Ashland beauty awaits your updates. Built in 1904, this home has spacious rooms and soaring ceilings. Much of the original woodwork has been preserved. The house requires a FULL renovation but with it's inviting front porch, half acre lot, and location in one of the most coveted areas in Lexington, this property is ready to become your forever home! Listed in the National Register of Historic Places and may qualify for Federal and State Renovation Tax credits.

Listing Details MLS# 24006153

Listing Information

Comp Sale YN
No
Property Sub Type
Single Family Residence

Status Change Information

Status Change Timestamp
2024-05-02
Purchase Contract Date
2024-04-08
Close Date
2024-05-02
Close Price
900000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Fayette
Street Number
124
Street Direction Prefix
S
Street Name
Ashland
Street Suffix
Avenue
State
KY
Zip Code
40502
Directions
East Main Street to South Ashland towards Chevy Chase. House is located on the left side of the street before Fincastle.
Parcel Number
13527800
Tax District
01

Contract

Original List Price
995000
Start Showing Date
2024-04-02
Listing Contract Date
2024-04-02
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
249.37
Sold Price/SqFt
225.56
SP/LP
0.9

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Ashland Park
High School District
Fayette County - 1

Interior

Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Above Grade Finished Area
3990
Above Grade Unfinished Area
1000
Below Grade Unfinished Area
1672
Living Area
3990
Living Area Source
Appraiser
Basement YN
Yes
Fireplace YN
Yes
Below Grade Finished Area
0

More Information

Parking Information

Garage YN
No
Carport YN
No

Building

Year Built
1904

Lot

Lot Size Acres
0.499
Lot Size Square Feet
21733
View YN
Yes
Waterfront YN
No

Utilities

Cooling YN
No
Heating YN
Yes

Remarks

Public Remarks
Opportunity in historic Ashland Park! This South Ashland beauty awaits your updates. Built in 1904, this home has spacious rooms and soaring ceilings. Much of the original woodwork has been preserved. The house requires a FULL renovation but with it's inviting front porch, half acre lot, and location in one of the most coveted areas in Lexington, this property is ready to become your forever home! Listed in the National Register of Historic Places and may qualify for Federal and State Renovation Tax credits.

Showing Information

Showing Instructions
Showing Time - LA to accompany all showings.

Currently Not Used

List Price/Acre
1993987.98

Tax & Legal

Elementary School
Cassidy
Middle Or Junior School
Morton
High School
Henry Clay
Tax Rate
1.2846
Design Review District YN
Yes
Inside New Circle Road YN
Yes

Basement

Unfinished
Yes

Construction Materials

Other
Yes

Flooring

Hardwood
Yes
Other
Yes

Foundation Details

Stone
Yes

Heating

Steam
Yes

Levels

Two
Yes

Parking Features

Driveway
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes
Other
Yes

Sewer

Public Sewer
Yes

Structure Type

House
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Showing Requirements

Showing Service
Yes

Property Features

Basement: Unfinished Construction Materials: Other Flooring: Hardwood; Other Foundation Details: Stone Heating: Steam Levels: Two Parking Features: Driveway Possession: Close Of Escrow Roof: Shingle; Other Sewer: Public Sewer Structure Type: House View: Neighborhood Water Source: Public Showing Requirements: Showing Service
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.