$3,070 Closing Credit¹
#25002623, Listing office: Marshall Lane Real Estate
$97,000 List price
515 Pierce Ln Frankfort, KY 40601
$1,152
Closing credit¹
2 beds
2 full
1.0 acres
House
Property details
About 515 Pierce Ln
- Size and Layout: the lot is .344 acres (100 x 150) and needs excavation. The mobile home spans 1,000 sq. ft. and features 2 bedrooms and a full bathroom, providing a solid foundation for renovation and upgrades.- Location: Situated on a county lot in a good location, the property benefits from easy access to local amenities, making it attractive for future renters or buyers. It is right on the county / city line BUT in the county. - Renovation Potential: Both the detached garage and the small building on the property are in need of renovation, offering additional space that can be transformed into functional areas, such as a workshop, studio, or extra storage, enhancing the property's overall value.- Investment Appeal: This property is a great investment for those looking to flip or rent or try rezone lot to commercial lot. With some strategic improvements, you can significantly increase its market value. It will not meet FHA. This property is perfect for those looking to invest in real estate with potential for growth.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size1 Acres
Year built9999
ParkingDriveway
MLS #25010276
Summary
- Full Bathrooms: 2
- Flooring Type: Carpet, Laminate
- Total Bedroom Count: 2
- Parking: Driveway
- Heating: Other
- Cooling: Other
- List Price: $97,000
- Annual Tax Amount: $478
- Tax Year: 2023
- Directions: Take exit 53B off I 64 onto 127 N.2.7 miles take a left on Holly Hill Dr.Take a right on Pierce LnProperty is 600 ft on the left
- Year Built: 9999
- Stories: 1
- Lot Size: 1 Acres
- MLS Number: 25010276
- Office Name: SimpliHOM
- Office Phone: (859) 509-8401
- Office Email: geoff@simplihom.com
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. © 2025 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: 6/23/2025, 3:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$97,000
515 Pierce Ln
$1,152
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2020 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $40,000 | $478 |
| 2021 | $35,000 | $419 |
| 2020 | $35,000 | $- |
| 2018 | $35,000 | $- |
| 2017 | $35,000 | $399 |
History based on county public records data.
Nearby schools
4
Westridge Elementary School
Public District PK-5
0.7 mi
•200 Oak Ridge Dr
5
Collins Lane
Public District PK-5
1.2 mi
•1 Cougar Ln
5
Bridgeport Elementary School
Public District PK-5
2.2 mi
•10 Doctors Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,803. The majority of Frankfort, KY residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
55%
35k-100k
12%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
12%
Single, with Kids
24%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Motocross
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
GameStop
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Jeep
What do the neighbors listen to?
Oldies
Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Frankfort, KY
Transportation in Frankfort includes a network of roads and highways that connect residents to nearby cities and attractions. Public transit options are available, offering residents alternatives to private vehicle use. The city's walkability varies by area, with the downtown region being particularly pedestrian-friendly. Efforts to enhance transportation efficiency and accessibility are part of the city's ongoing development plans.
The community benefits from a solid educational system, with multiple public and private schools serving the area, including specialized institutions that cater to a range of educational needs. Healthcare services are available through local clinics and a regional hospital, providing residents with essential medical care. The city also features a public library system and a variety of retail and dining options that reflect the local culture. Initiatives to improve services are ongoing, adapting to the evolving needs of the community.
Frankfort is celebrated for its unique blend of small-town charm and historical significance as Kentucky's capital. The community prides itself on a rich cultural heritage, with landmarks such as the Kentucky State Capitol and the Governor's Mansion enhancing the city's character. Annual events and festivals contribute to the vibrant local culture, fostering a sense of community among residents.
Frankfort's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from historic to contemporary, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact statistics are not provided, the area is known for its blend of residential offerings that cater to a variety of preferences and budgets.
About 515 Pierce Ln
The listing price of 515 Pierce Ln property is $97,000.
The property 515 Pierce Ln is a house located in Frankfort, Kentucky, 40601.
Active Listing: 515 Pierce Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 515 Pierce Ln are: Westridge Elementary School (GreatSchools Rating 4/10), Collins Lane (GreatSchools Rating 5/10), Bridgeport Elementary School (GreatSchools Rating 5/10), Second Street School (GreatSchools Rating 4/10), Bondurant Middle School (GreatSchools Rating 4/10), Elkhorn Middle School (GreatSchools Rating 3/10), Frankfort High School (GreatSchools Rating 5/10), Western Hills High School (GreatSchools Rating 6/10), Franklin County High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $478 (source: MLS/based on county public records data).
The last sale was on February 28, 2020 for $15,000 (source: MLS/tax record).
The property at 515 Pierce Ln has 2 bedrooms and 2 bathrooms.
The year of construction for 515 Pierce Ln is 9999.
This home is located at 515 Pierce Ln in Frankfort, KY and zip code 40601. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $97,000.
In May 2025, from all listings sold in Frankfort, KY there were more than 6 sold above asking price, over 25 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Frankfort, KY increased by 8.9% between April and May 2025. While the average time on the market in May 2025 was 46 days, the median list price was $245,000.
From Rocket Homes Real Estate and based on county public records data.