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Lot/land
  • $77,400

    1027 Morris Dr, Richmond, KY 40475

    --beds
    0baths
    2.56Acres
    Unimproved Land
    Built in ----
    2.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    PRICE JUST REDUCED - NOW $77,400! 2.56 Acres | Walkout Basement Potential | Northern Madison County Don't miss this value-packed homesite in fast-growing Northern Madison County. This 2.56-acre residential lot offers the ideal blend of cleared space and mature woods—ready for your build while maintaining privacy and a scenic backdrop. The gentle slope is perfectly suited for a walkout basement design, and there's ample room for a detached garage, workshop, or additional outdoor living space. Conveniently positioned with quick access to Lexington, Winchester, and Richmond, this location combines peaceful country living with commuter-friendly convenience. New construction is underway across the road and established homes sit behind the property, adding to long-term value and neighborhood appeal. Now offered at just $77,400 after recent price reduction—well below typical pricing for this location and acreage. Opportunities like this are becoming harder to find. Secure your build site in one of Madison County's most desirable growth corridors.
    496 days
    |
    252
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla Treadway 859-200-1922,

    Keller Williams Legacy Group

    Source: Imagine MLS,MLS#: 25005037MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 2.56 Acres
      Details
      • Parcel number: 005100020087
      • Zoning: R-1

      Community & HOA

      Community
      • Subdivision: Ashwood
      Location
      • Region: Richmond

      Financial & listing details

      • Tax assessed value: $12,500
      • Annual tax amount: $120
      • Date on market: 3/17/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/9/2026Price change$77,400-0.6%
        Source: Imagine MLS #25005037 Report a problem
        9/8/2025Price change$77,900-1.3%
        Source: Imagine MLS #25005037 Report a problem
        3/17/2025Listed for sale$78,900+215.6%
        Source: Imagine MLS #25005037 Report a problem
        6/7/2024Sold$25,000
        Source: Imagine MLS #24007985 Report a problem
        5/1/2024Pending sale$25,000
        Source: Imagine MLS #24007985 Report a problem
        4/25/2024Listed for sale$25,000-19.4%
        Source: Imagine MLS #24007985 Report a problem
        10/23/2022Listing removed--
        Source: Imagine MLS #1510448 Report a problem
        4/28/2022Listing removed$31,000
        Source: Imagine MLS #1510448 Report a problem
        7/21/2017Price change$31,000+3.7%
        Source: Greater Lexington #1510448 Report a problem
        7/14/2016Listed for sale$29,900
        Source: Keller Williams Greater Lex #1510448 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$120 -1.2%$12,500
        2023$121 -0.3%$12,500
        2022$122 -1.8%$12,500
        2021$124 -2.5%$12,500
        2018$127 +1.1%$12,500
        2017$126 +0.8%$12,500
        2016$125 $12,500
        2015-- $12,500
        2014-- $12,500
        2012-- $12,500
        2011-- $12,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 40475

        Getting around

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        Nearby schools

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