For Sale293d on market
245 Cherry Ln
Frankfort, KY, 40601 • 40601 • Franklin County
$189,999
$143/sqft
Down payment assistance available
3Beds
1Baths
1,329Sqft
0.33 acLot
1977Built
Property DNA
Neighborhood Views
Neighborhood
Ranch Style
Built 1977 · 49 years of history
Farmdale
40601
Garage
Attached Garage · Off Street · Garage Faces Front
This home is getting attention
Listed 293 days ago · 848 views · 29 saves
Market activity
Demand and pricing signals for this listing
848 views
People checking out this listing
29 saves
Buyers have saved this home
293 days on market
Established listing
$143/sqft
Price per square foot
About this home
Single Family · Built 1977
Charming 3-Bedroom Home with Bonus Room and Large Garage in a Convenient Location! Welcome to 245 Cherry Ln. in Frankfort, KY — a fantastic opportunity for first-time buyers, investors, or anyone seeking a peaceful setting just minutes from town conveniences. This well-maintained home features 3 bedrooms, 1 full bath, and a bonus room perfect for a home office, playroom, or guest space. Enjoy the spacious garage with a dedicated tool room, ideal for hobbies, storage, or projects. The home comes equipped with all major appliances, including washer, dryer, stove, and refrigerator—making it truly move-in ready. Step outside to a fully fenced backyard offering privacy and a large shed area for extra storage or workshop potential. You'll love the balance of quiet living with quick access to shops, dining, and major routes. House still needs some TLC. Seller is currently making updates such as paint and deck repairs. House is heated by space heater /fireplace and cooled by window units. Will require cash or conventional loan. Don't miss this one—schedule your private showing today!
Standout features identified
Our analysis highlights large shed area, spacious garage, and dedicated tool room as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,248/month
Principal & Interest$994
Property Tax$190
Insurance$63
Down payment20% ($38,000)
3%50%
Est. 6.83% rate · 30yr fixed · $151,999 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1977
HeatingElectric
CoolingWindow Unit(s)
ParkingGarage
Lot0.33 Acres
Days on Zillow293 Days
Price/sqft$143
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1977
Systems
HeatingElectric
CoolingWindow Unit(s)
RoofShingle
ConstructionBrick Veneer, Other
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAttached Garage, Off Street, Garage Faces Front
BasementCrawl Space
FencingPrivacy
Lot0.33 Acres
Location & Tax
Neighborhood40601
Annual tax$1,195
Parcel038200202900
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Appliances
Dryer
Gas Range
Refrigerator
Washer
Range
Flooring
Carpet
Laminate
Vinyl
Heating
Electric
Cooling
Window Unit(s)
Laundry
Electric Dryer Hookup
Washer Hookup
Exterior Features
Parking
Attached Garage
Off Street
Garage Faces Front
Construction
Brick Veneer
Other
Views
Neighborhood
Room details
7 rooms detailed
Master Bedroom
FirstBedroom1
FirstBedroom2
FirstBathroom1
FirstBonus Room
FirstKitchen
FirstListing insights
Market data and value estimates
StatusFor Sale
Days on market293
Est. rent$1,453/mo
Tax rate0.84%
Price/sqft$143
On marketAug 21, 2025
PostedJun 25, 2025
Last sold$80,000
MLS updatedSep 12, 2025
Tour days9
Views848
Favorites29
How are the schools in Frankfort?
3 schools rated nearby
Location
Frankfort, KY, 40601
Price history
4 events
DateEventPrice$/sqftSource
Aug 21, 2025Listed For Sale$189,999$143Imagine MLS
Jul 15, 2025Pending Sale$189,999$143Imagine MLS
Jun 25, 2025Listed For Sale$189,999$143Imagine MLS
Apr 12, 2006Sold$80,000$60Public Record
Listed For Sale$189,999
Aug 21, 2025•$143/sqft•Imagine MLS
Pending Sale$189,999
Jul 15, 2025•$143/sqft•Imagine MLS
Listed For Sale$189,999
Jun 25, 2025•$143/sqft•Imagine MLS
Sold$80,000
Apr 12, 2006•$60/sqft•Public Record
Tax history
8 years of records
YearTax paidAssessed value
Apr 15, 2023$1,195$100,000
Apr 15, 2022$1,184$100,000
Apr 15, 2021$1,199$100,000
Apr 15, 2020—$100,000
Apr 15, 2019—$90,000
Apr 15, 2018—$90,000
Apr 15, 2017$1,026$90,000
Apr 15, 2015—$90,000
Nearby homes
Neighborhood details
Local context around this listing
Frankfort, KY • Franklin County
Nearby cities
Frankfort
Nearby zip codes
406014060240603406044061840619406204062140622
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