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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Owner options
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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#: 22004730
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
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $10,000,000-13% |
Source: | ||
| 8/24/2023 | Pending sale | $11,500,000 |
Source: | ||
| 8/3/2023 | Contingent | $11,500,000 |
Source: | ||
| 3/10/2023 | Price change | $11,500,000-4.2% |
Source: | ||
| 3/16/2022 | Listed for sale | $12,000,000+334.9% |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- NAEarly Learning VillageGrades: PK-KDistance: 5.4 mi
- 4/10Elkhorn Middle SchoolGrades: 6-8Distance: 5.1 mi
- 6/10Franklin County High SchoolGrades: 9-12Distance: 5.1 mi
