Here's your opportunity to own a walk-out ranch home with an outbuilding on 4.7 acres with paved roads all the way! The main floor features two living areas, a fireplace, sandstone accents, hardwood floors, primary bedroom w/ensuite bathroom, vinyl siding, new carpet & an attached garage. The basement features a spacious family room, fireplace & garage w/extra storage space. BBQ and relax on the back deck w/updated composite decking for low maintenance and store all of your toys in the 42x45 insulated shop w/Heat and AC. Shop features 10x9 garage door and 11.6 x 14 oversized door & concrete floors. Conveniently located between Lawrence and Topeka.
For sale
Price cut: $39K (5/22)
$450,000
506 Highway 40, Lawrence, KS 66049
3beds
2,765sqft
Single Family Residence, Residential
Built in 1962
4.7 Acres Lot
$-- Zestimate®
$163/sqft
$-- HOA
What's special
Walk-out ranch homeHardwood floorsSandstone accentsAttached garageSpacious family room
- 128 days |
- 817 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Sandra Haines 785-383-0951,
KW One Legacy Partners, LLC
Source: Sunflower AOR as distributed by MLS GRID,MLS#: 243178
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 1st Floor Primary Bedroom, Primary Bath, 1st Fl Full Bath
Primary bedroom
- Level: Main
- Area: 182.25
- Dimensions: 13.5 x 13.5
Bedroom 2
- Level: Main
- Area: 128.4
- Dimensions: 12 x 10.7
Bedroom 3
- Level: Main
- Area: 134.56
- Dimensions: 11.6 x 11.6
Dining room
- Level: Main
- Area: 141.68
- Dimensions: 15.4 x 9.2
Family room
- Level: Basement
- Dimensions: 25.2 x 13.5 16.7 x 10.6
Great room
- Level: Main
- Area: 321.3
- Dimensions: 15.3 x 21
Kitchen
- Level: Main
- Area: 141.68
- Dimensions: 15.4 x 9.2
Laundry
- Level: Basement
Living room
- Level: Main
- Area: 280.16
- Dimensions: 20.6 x 13.6
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Disposal
- Laundry: In Basement
Features
- Sheetrock, 8' Ceiling
- Flooring: Hardwood, Ceramic Tile, Carpet
- Doors: Storm Door(s)
- Basement: Concrete,Partially Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Two, Family Room, Living Room
Interior area
- Total structure area: 2,765
- Total interior livable area: 2,765 sqft
- Finished area above ground: 2,019
- Finished area below ground: 746
Property
Parking
- Total spaces: 5
- Parking features: Attached, Extra Parking, Auto Garage Opener(s)
- Attached garage spaces: 5
Features
- Patio & porch: Patio, Deck
- Has spa: Yes
- Spa features: Heated
Lot
- Size: 4.7 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 40007803
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Composition,Architectural Style
Condition
- Year built: 1962
Utilities & green energy
- Water: Rural Water, Cistern
Community & HOA
Community
- Security: Security System
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Lawrence
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $408,570
- Annual tax amount: $5,707
- Date on market: 2/25/2026
- Cumulative days on market: 129 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Price change | $450,000-8%$163/sqft |
Source:  Sunflower AOR as distributed by MLS GRID #243178 Report a problem | ||
| 4/14/2026 | Price change | $489,000-6.9%$177/sqft |
Source: Sunflower AOR as distributed by MLS GRID #243178 Report a problem | ||
| 3/21/2026 | Price change | $525,000-4.5%$190/sqft |
Source: Sunflower AOR as distributed by MLS GRID #243178 Report a problem | ||
| 2/25/2026 | Listed for sale | $550,000+100%$199/sqft |
Source: Sunflower AOR as distributed by MLS GRID #243178 Report a problem | ||
| 10/20/2015 | Sold | -- |
Source:  Heartland MLS as distributed by MLS GRID #45001_1952396 Report a problem | ||
| 8/8/2015 | Listed for sale | $275,000+3.8%$99/sqft |
Source: Visual Tour #137610 Report a problem | ||
| 8/30/2013 | Listing removed | $265,000$96/sqft |
Source: Miller & Midyett Real Estate #130202 Report a problem | ||
| 6/5/2013 | Price change | $265,000-1.5%$96/sqft |
Source: Miller & Midyett Real Estate #130202 Report a problem | ||
| 5/8/2013 | Price change | $269,000-2.2%$97/sqft |
Source: Miller & Midyett Real Estate #130202 Report a problem | ||
| 4/17/2013 | Price change | $275,000-1.4%$99/sqft |
Source: Miller & Midyett Real Estate #130202 Report a problem | ||
| 3/15/2013 | Listed for sale | $279,000-23.7%$101/sqft |
Source: Miller & Midyett Real Estate #130202 Report a problem | ||
| 7/10/2012 | Listing removed | $365,500$132/sqft |
Source: Visual Tour #1737959 Report a problem | ||
| 6/1/2012 | Listed for sale | $365,500+4.8%$132/sqft |
Source: Visual Tour #1737959 Report a problem | ||
| 1/10/2012 | Listing removed | $348,900$126/sqft |
Source: Reece & Nichols ACRES Realty LLC #125857 Report a problem | ||
| 12/13/2011 | Price change | $348,900-0.3%$126/sqft |
Source: Reece & Nichols ACRES Realty LLC #125857 Report a problem | ||
| 10/12/2011 | Price change | $349,900-2.8%$127/sqft |
Source: Reece & Nichols ACRES Realty LLC #125857 Report a problem | ||
| 9/27/2011 | Price change | $359,900-1.5%$130/sqft |
Source: Reece & Nichols ACRES Realty LLC #125857 Report a problem | ||
| 7/13/2011 | Listed for sale | $365,500$132/sqft |
Source: Visual Tour #1737959 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,530 +1.5% | $46,985 +5.2% |
| 2023 | $5,449 +9.5% | $44,681 +11.3% |
| 2022 | $4,978 +23.1% | $40,145 +25.8% |
| 2021 | $4,043 +6.7% | $31,918 +5.3% |
| 2019 | $3,790 -0.6% | $30,302 -0.7% |
| 2018 | $3,814 +0.1% | $30,525 +0.5% |
| 2017 | $3,809 +106.7% | $30,383 +1.6% |
| 2016 | $1,842 +20.4% | $29,900 +17.3% |
| 2015 | $1,531 | $25,483 |
| 2014 | $1,531 | $25,483 +1.1% |
| 2013 | -- | $25,203 -2% |
| 2012 | -- | $25,719 -0.2% |
| 2011 | -- | $25,760 +21.7% |
| 2006 | -- | $21,172 +5.6% |
| 2005 | -- | $20,053 +4.9% |
| 2004 | -- | $19,124 +5% |
| 2003 | -- | $18,206 +9% |
| 2002 | -- | $16,710 +12.2% |
| 2000 | -- | $14,892 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 66049
Nearby schools
GreatSchools rating
- 6/10Lecompton Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 6/10Perry-Lecompton Middle SchoolGrades: 5-8Distance: 5.6 mi
- 6/10Perry Lecompton High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Perry-Lecompton Elementary School/USD 343
- Middle: Perry-Lecompton Middle School/USD 343
- High: Perry-Lecompton High School/USD 343
Source: Sunflower AOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Kansas
- Douglas County
- Lawrence
- 66049
- 506 Highway 40
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