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Sold for $10,000,000 on 09/01/23
  • $10,000,000

    7541 Georgetown Rd, Midway, KY 40347

    --beds
    0baths
    525.52Acres
    Farm
    Built in ----
    525.52 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,389 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,389/mo

    Zestimate® history
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    What's special

    Erhaab Stud, formerly known as Elko Bell Farm, is historically known as the most fertile & productive land in Scott/Franklin Counties. Shadwell Farm purchased this farm in 1999 because the land is of the highest quality and developed it into one of the most coveted Thoroughbred nurseries in Central KY. You enter this magnificent farm via an impressive gated stone entrance and travel over 4 miles of paved roads along its tree-lined driveways to its vast and quality improvements. Horse improvements include 9 concrete block barns with 105 stalls, 6 concrete block run-in sheds. Additional improvements include a shop/paint bldg & equip shed. Housing includes a c.1870s 5,900 SF home (used as office) and 4 employee houses. Bordered by the S. Elkhorn Creek, Erhaab Stud is as aesthetically pleasing as it is functional.

    Zillow last checked: 8 hours ago

    Listing updated: September 02, 2025 at 10:20pm

    Listed by:

    Bill Justice 859-255-3657,

    Justice Real Estate,

    Allen P Kershaw 859-333-2901,

    Justice Real Estate

    Bought with:

    Lyndsey Martin, 268575

    Indigo & Co

    Source: Imagine MLS,MLS#: 22004730MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Features
    • Fencing: Plank
    Lot
    • Size: 525.52 Acres
    • Dimensions: 525.52 Acres
    • Features: Cleared, Wooded, Gentle Sloping, Bottomland, Floodplain
    • Topography: Gentle Sloping, Wooded, Cleared
    Details
    • Parcel number: 1110000010.00
    • Zoning: AR
    • Horse amenities: Barn, Hay Storage

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Creek(s), Lake(s), Pond(s)
    • Utilities for property: Electricity Connected, Phone Available, Water Connected, Propane Connected

    Community & neighborhood

    Location
    • Region: Midway
    • Subdivision: Rural

    Price history

    DateEventPrice
    9/1/2023Sold$10,000,000-13%
    Source: Imagine MLS #22004730
    8/24/2023Pending sale$11,500,000
    Source: Imagine MLS #22004730
    8/3/2023Contingent$11,500,000
    Source: Imagine MLS #22004730
    3/10/2023Price change$11,500,000-4.2%
    Source: Imagine MLS #22004730
    3/16/2022Listed for sale$12,000,000+334.9%
    Source: Imagine MLS #22004730

    Public tax history

    YearProperty taxesTax assessment
    2022$49,431 -1.2%$4,174,903
    2021$50,036 $4,174,903
    2020-- $4,174,903

    Find assessor info on the county website

    Neighborhood: 40347

    Nearby schools

    GreatSchools rating