Sold1014d on market
545 Reed Ln
Lexington, KY, 40503 • Southland-Deerfield-Open Gates • Fayette County
$295,000
$160/sqft
3Beds
1Baths
1,842Sqft
0.24 acLot
1953Built
Property DNA
Neighborhood Views
Neighborhood
Ranch Style
Built 1953 · 73 years of history
Lafayette
Southland-Deerfield-Open Gates
Outdoor Living
Patio · Porch
Garage
Detached Garage · Driveway
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 1014 days ago · 9 views
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
1014 days on market
Established listing
$160/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 49% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1953
Check out this well loved, Lafayette ranch! Outside, you'll notice the beautifully maintained landscaping throughout the entire yard. It is equipped with a sprinkler system to help keep the backyard feeling like an oasis. On the inside, you'll find this cozy ranch has lovely hardwood floors, an inviting wood burning fireplace that is fully functioning and a spacious dining room. The kitchen has updated cabinets and a terrific view of the backyard. All three bedrooms are easily accessible and have ample space for storage. It is also conveniently located, right around the corner from several places to shop on Southland including easy access to Clays Mill and Harrodsburg Rd.
Standout features identified
Our analysis highlights updated cabinets, spacious dining room, and lovely hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,924/month
Principal & Interest$1,531
Property Tax$295
Insurance$98
Down payment20% ($59,000)
3%50%
Est. 6.75% rate · 30yr fixed · $236,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1953
HeatingHeat Pump, Natural Gas
CoolingElectric
ParkingGarage
Lot10,497 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1953
Systems
HeatingHeat Pump, Natural Gas
CoolingElectric
RoofDimensional Style
ConstructionBrick Veneer
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDetached Garage, Driveway
FencingWood
Lot10,497 sqft
Location & Tax
NeighborhoodSouthland-Deerfield-Open Gates
Annual tax$2,670
Parcel24097100
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
Master Downstairs
Ceiling Fan(s)
Appliances
Dishwasher
Microwave
Refrigerator
Range
Flooring
Hardwood
Vinyl
Heating
Heat Pump
Natural Gas
Cooling
Electric
Laundry
Electric Dryer Hookup
Main Level
Washer Hookup
Fireplace
Living Room
Wood Burning
Windows
Blinds
Screens
Exterior Features
Parking
Detached Garage
Driveway
Construction
Brick Veneer
Patio & Porch
Patio
Porch
Views
Neighborhood
Utilities
Electricity Connected
Natural Gas Connected
Sewer Available
Water Connected
Room details
10 rooms detailed
Master Bedroom
FirstBedroom1
FirstBedroom2
FirstBathroom1
FirstDining Room
FirstDining Room
FirstListing insights
Market data and value estimates
StatusSold
Days on market1014
Est. value$360,700
Est. rent$1,677/mo
Tax rate0.84%
Price/sqft$160
On marketJun 2, 2023
PostedJul 5, 2023
Last sold$295,000
MLS updatedAug 28, 2025
Tour days6
Views9
How are the schools in Lexington?
3 schools rated nearby
Location
Lexington, KY, 40503
Price history
6 events
DateEventPrice$/sqftSource
Jun 30, 2023Sold$295,000$160Imagine MLS
Jun 3, 2023Pending Sale$285,000$155Imagine MLS
Jun 2, 2023Listed For Sale$285,000$155Imagine MLS
Jul 29, 2008Sold$160,000$87Public Record
Jun 8, 2008Listed For Sale$164,900$90Visual Tour
May 17, 1999Sold$91,800$50Imagine MLS
Sold$295,000
Jun 30, 2023•$160/sqft•Imagine MLS
Pending Sale$285,000
Jun 3, 2023•$155/sqft•Imagine MLS
Listed For Sale$285,000
Jun 2, 2023•$155/sqft•Imagine MLS
Sold$160,000
Jul 29, 2008•$87/sqft•Public Record
Listed For Sale$164,900
Jun 8, 2008•$90/sqft•Visual Tour
Sold$91,800
May 17, 1999•$50/sqft•Imagine MLS
Tax history
17 years of records
YearTax paidAssessed value
Apr 10, 2023$2,670$217,500
Apr 10, 2022$2,757$217,500
Apr 10, 2021$2,757$217,500
Apr 10, 2020$2,757$217,500
Apr 10, 2019$2,757$217,500
Apr 10, 2018$2,350$185,400
Apr 10, 2017$2,239$185,400
Apr 10, 2015$1,776$160,000
Apr 10, 2014$1,776$160,000
Apr 10, 2012$1,776$160,000
Apr 10, 2011——
Apr 10, 2010——
Apr 10, 2009——
Apr 10, 2008—$140,600
Apr 10, 2006——
Apr 10, 2005——
Apr 10, 2004——
Nearby homes
Neighborhood details
Local context around this listing
Lexington, KY • Fayette County
Nearby neighborhoods
Blueberry Hill-Brigadoon-Stoneybrook-BaraltoCardinal Hill-Pine MeadowCentral DowntownDuncan ParkGardenside-ColonyIndian Hills-Stonewall Estates-MonticelloKenawood-Rockwood-Hi-Acres-Deep SpringReservoirSouthland-Deerfield-Open GatesUniversity of Kentucky
Nearby cities
Lexington
Nearby zip codes
40502405034050440505405084050940511405144051540517
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