Don't miss the opportunity to make your mark on this remarkable property! Embrace the best of both worlds – the comfort of a residential sanctuary and the potential for a thriving commercial enterprise. This home has 3 bedrooms and 2 bathrooms (primary bathroom needs to be finished out but is almost completed). Current zoning is R7 (Rural Agriculture). The basement is a cellar you can access from the outside of the home. The commercial sized septic tank is also an added bonus.
Check out this 4 bedroom and 2 full bath home on a 2.5 acre corner lot! Two separate lots create the possibility for the new owner to split if wanted or keep it all together and have a huge yard! Newer metal roof and newer HVAC, put your own personal touch inside.
Public Records
Nov 1, 2018
Sold
$57,266
$42/sq ft
ImagineMLS #1706159
Sep 20, 2017
Listing Removed
—
Jul 26, 2017
Price Changed
$179,900
$131/sq ft
Mar 23, 2017
Listed
$199,900
$146/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,556 (−1.6%)
2024
$1,581 (+63.0%)
2023
$970 (−0.3%)
2022
$973 (−1.8%)
2021
$991 (−2.0%)
2020
$1,012 (+148.8%)
2019
$407
2018
$407 (+1.1%)
2017
$402 (+5.3%)
2012
$382
$40,000
Tax history for 2702 Lancaster Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,556 (−1.6%)
2024
$1,581 (+63.0%)
2023
$970 (−0.3%)
2022
$973 (−1.8%)
2021
$991 (−2.0%)
2020
$1,012 (+148.8%)
2019
$407
2018
$407 (+1.1%)
2017
$402 (+5.3%)
2012
$382
$40,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.35 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Madison County
APN
0044-0000-0015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
Property details
Parking
Parking Information
Parking Features: Driveway
Interior
Bathroom Information
Bathrooms (Full): 2
Heating & Cooling
Has Heating
Heating: Electric
Cooling: Electric
Interior Features
Appliances: Dishwasher, Refrigerator, Range
Flooring: Laminate
Laundry Features: Main Level
Room Information
Basement: Partial, Walk-Out Access
Exterior
Exterior Features
Other Structures: Shed(s)
Foundation Details: Stone
Roof: Metal
Construction Materials: Wood Siding
Lot Information
Lot Size Square Feet: 58,980
Lot Size Acres: 1.354
Water Source: Public
On Waterfront: No
Has View: Yes
View: Farm
Property Information
Levels: One
Building Information
Building Area Total: 1,370
Financial
Tax Information
Parcel Number: 0044-0000-0015
Utilities
Utility Information
Sewer: Septic Tank
Location
School Information
Elementary School: Kirksville
Middle Or Junior School: Farristown
High School: Madison Central
High School District: Madison County - 8
Location Information
County Or Parish: Madison
Directions: Out of town on Lancaster in the 1295 spilt
Subdivision Name: Rural
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: —
Stories: 1.0
Lot Size: 1.35 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Madison County
APN: 0044-0000-0015
Home facts updated by county records on Jun 11, 2026
Around this home
Schools
Kirksville Elementary School
Public PreK-5 • Assigned • 1.2mi
8/10
Farristown Middle School
Public 6-8 • Assigned • 5.1mi
9/10
Madison Southern High School
Public 9-12 • Assigned • 7.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 20 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Richmond, KY • 40475
Average low and high temperatures (°F)
38
20
49
29
65
41
72
50
73
55
83
65
89
69
85
62
81
57
71
46
57
39
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
8.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$236,000 – $286,000
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