25 days on rocket

120 Nicklaus Dr, Frankfort, KY, 40601

$320,000

5.80 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
MLS #24006157
Lot Size5.80 Acres
StatusActive

About 120 Nicklaus Dr

Wonderful Opportunity for a builder/developer to purchase and build in Phase II of ''The Condos'' at Duckers - This is a very desirable area on southeast side of Franklin County. The 5.8 acres consist of Tracts 4 and 5 that includes 38 allocated building units in a Development plan - Planned Unit Development (PUD) The current owner has had an engineer draw up plans for either apartments, townhouses, or condo buildings. There is a chance to increase density as Franklin Co Planning &Zoning has allowed other areas to increase sewer manholes on site for easy access. Frankfort Plant Board handles the water and cable. KU handles electric. Priced at less than $10,000 per unit for land and sewer. Phase 1 Completely built out, a well ran HOA is in place if the new developer wants to annex. The development land wraps around # 10, #11 And #18 at Ducker's Lake Gulf Course (currently closed). The last new Sales in Phase 1 are transferring for $260,000 to $280,000.

Property Details

Property Features

Listing Office:

  • Office Name: Heart of KY Real Estate
  • Office Phone: (502) 600-1988

Lot Features

Lot Information:

  • Lot Size: 5.80 Acres

School Info

Assigned Schools Information:

  • Franklin County High School, Public District Grades 9-12
  • Elkhorn Middle School, Public District Grades 6-8
  • Hearn Elementary School, Public District Grades 1-5

Other

Directions Information:

  • Directions: US 421 S. Leestown Rd - turn right on Duckers Station and Right on Nicklaus Dr. Prperty is at the end of Nicklaus Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
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Housing Market Comparison

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

Med. Sold Price

$235K

Med. Price/SqFt

$154

Avg. Days On Market

39

# of Sold Homes

43

120 Nicklaus Dr vs Frankfort

25 DAYS ON ROCKET

-14 Days

$320,000

+$85K More

KEY TAKEAWAY

This property is $85K more than the Median Sold Price in Frankfort, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006157

Listing Office:

  • Office Name: Heart of KY Real Estate
  • Office Phone: (502) 600-1988

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: 4/28/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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NMLS#3030

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-1829523
5
/10
  • Hearn Elementary School

  • 300 Copperleaf Blvd

  • 2.14 miles

  • Public District Grades 1-5

Middle School

school-card-donut-1829524
4
/10
  • Elkhorn Middle School

  • 1060 E Main St

  • 3.48 miles

  • Public District Grades 6-8

High School

school-card-donut-1829525
6
/10
  • Franklin County High School

  • 1100 E Main St

  • 3.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,810. The majority of Frankfort, KY residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Nicklaus Dr

What is the listing price of this property?

The listing price of 120 Nicklaus Dr property is $320,000.

What type of property is this?

The property 120 Nicklaus Dr is land located in Frankfort, Kentucky, 40601.

Is this property for sale now?

Active Listing: 120 Nicklaus Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 120 Nicklaus Dr are:
Hearn Elementary School: GreatSchools Rating 5/10
Elkhorn Middle School: GreatSchools Rating 4/10
Franklin County High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 120 Nicklaus Dr is 5.80 acres.
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Rocket HomesKentuckyFranklin CountyFrankfort40601120 Nicklaus Dr

This home is located at 120 Nicklaus Dr in Frankfort, KY and zip code 40601. This home sits on a 5.80 acre lot. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $320,000.

In March 2024, from all listings sold in Frankfort, KY there were more than 13 sold above asking price, over 21 sold below and more than 9 were sold right at the asked price. The number of listings in Frankfort, KY increased by 1.2% between February 2024 and March 2024. Listings spent 39 days on the market in March 2024, and had a median list price of $235,000 during the same period.

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

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