2148 Leestown Road, Frankfort, KY 40601

$1,400,000
Property Type: Farm Square Footage: 1,320 Lot Size (sq. ft.): 9,670,329 Status: Closed
Current Price: $1,400,000 List Date: 10/18/2017 Last Modified: 9/03/2025

Overview

Description

220 acres on Leestown Rd/421 between the city limits of Frankfort and Midway, KY. It lays between two established subdivisions and across the street from another established subdivision. In the future, it should be one of the great development sites in Franklin County. It has approximately 1 mile of Elkhorn Creek frontage, that includes world class small mouth fishing. Currently used to run registered Angus Cattle with new four board and wire fencing. Farm has two tobacco barns and an old limestone rock structure. There is an existing graveyard. For hunters and nature lovers there are two creeks, woods, deer, turkey, and dove. All close to the city limits. The property has a hidden entrance to offer a private retreat with limited exposure. 3 bedroom one bath, remodeled, tenant house sits at the front of the property. Owner will consider partial trades.

Listing Details MLS# 1723204

Listing Information

Property Sub Type
Farm

Status Change Information

Price Change Timestamp
2019-07-30T13:17:28Z
Status Change Timestamp
2019-07-30
Purchase Contract Date
2019-05-28
Close Date
2019-07-15
Close Price
1400000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Franklin
Street Number
2148
Street Name
Leestown
Street Suffix
Road
State
KY
Zip Code
40601
Parcel Number
095-00-00-017.00

Contract

Original List Price
1687500
Start Showing Date
2017-10-18
Listing Contract Date
2017-10-18
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/Acre
7004.5
List Price/SqFt
1178.03
Sold Price/Acre
6306.31
Sold Price/SqFt
1060.61
SP/LP
0.9

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Rural
High School District
Franklin County - 14

Interior

Above Grade Finished Area
1320
Above Grade Unfinished Area
1320
Living Area
1320
Bathrooms Half
0

More Information

Lot

Lot Size Source
Assessor
Lot Size Acres
222
Lot Size Square Feet
9670328.88
Conservation Easement YN
No

Remarks

Public Remarks
220 acres on Leestown Rd/421 between the city limits of Frankfort and Midway, KY. It lays between two established subdivisions and across the street from another established subdivision. In the future, it should be one of the great development sites in Franklin County. It has approximately 1 mile of Elkhorn Creek frontage, that includes world class small mouth fishing. Currently used to run registered Angus Cattle with new four board and wire fencing. Farm has two tobacco barns and an old limestone rock structure. There is an existing graveyard. For hunters and nature lovers there are two creeks, woods, deer, turkey, and dove. All close to the city limits. The property has a hidden entrance to offer a private retreat with limited exposure. 3 bedroom one bath, remodeled, tenant house sits at the front of the property. Owner will consider partial trades.

Tax & Legal

Elementary School
Hearn
Middle Or Junior School
Elkhorn Middle
High School
Franklin Co
Tax Rate
12.0684
Directions
421: Farm is on the opposite side of the road as Duckers Subdivision. V Gravel entrance.

Utilities

Electricity Connected
Yes
Water Connected
Yes

Fencing

Plank
Yes
Wire
Yes

Levels

One
Yes

Lot Features

Cleared
Yes
Gentle Sloping
Yes
Waterfront
Yes
Wooded
Yes

Water Source

Public
Yes

Current Use

Agricultural
Yes
Cattle
Yes

Farm Improvements

Auto Waterers
Yes
Tobacco Barn(s)
Yes

Housing

Tenant(s)
Yes

Possession Auxiliary Dwelling

Negotiable
Yes

Possession Farm Land

Negotiable
Yes

Possession Main House

Negotiable
Yes

Showing Requirements

Showing Service
Yes

Documents

Aerial Photo
Yes
Survey
Yes
Other
Yes

Property Features

Utilities: Electricity Connected; Water Connected; Electricity Connected; Water Connected Current Use: Agricultural; Cattle Farm Improvements: Auto Waterers; Tobacco Barn(s) Fencing: Plank; Wire Housing: Tenant(s) Levels: One Lot Features: Cleared; Gentle Sloping; Waterfront; Wooded Possession Auxiliary Dwelling: Negotiable Possession Farm Land: Negotiable Possession Main House: Negotiable Water Source: Public Showing Requirements: Showing Service Documents: Aerial Photo; Survey; Other
Listing Office: RE/MAX Commonwealth
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.