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For sale
  • Price cut: $1M (4/17)
    $9,500,000

    5335 Russell Cave Rd, Lexington, KY 40511

    3beds
    2,500sqft
    : 
    Farm
    Built in 2016
    420 Acres Lot
    $8,584,700 Zestimate®
    $3,800/sqft
    $-- HOA

    What's special

    Indian Mound Farm, located on the corner of Russell Cave Road and Old Lemons Mill is one of the most iconic properties in Central Kentucky. The soils, the views and the history are simply legendary. This property includes over 9100 feet of manicured road frontage and is enclosed by excellent diamond mesh fencing throughout. While the farm is currently designed with over 9 large fields and 5 smaller paddocks for the raising and finishing of top-quality cattle, the possibilities for conversion to an equine nursery are tremendous. The land and soils are excellent, consisting entirely of federally rated Prime Farmland. Other amenities include 2 large feed barns, a barn dedicated to the working of cattle complete with individual pens, cattle chute with scales, an office and two bedroom apartment, 2 equipment storage barns, a large concrete pad and retention for compost operations and 2 nearly new 3 bedroom/2 bath employee residences. Indian Mound Farm represents spectacular opportunity for the future.
    151 days
    |
    1,058
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Biederman 859-277-2030,

    Biederman Real Estate

    Source: Imagine MLS,MLS#: 25506877MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Kitchen
      • Level: First
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Features
      • Flooring: Carpet
      • Has basement: No
      Interior area
      • Total structure area: 2,500
      • Total interior livable area: 2,500 sqft
      • Finished area above ground: 2,500
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: One and One Half
      • Fencing: V-Mesh,Plank
      • Has view: Yes
      • View description: Rural, Farm
      Lot
      • Size: 420 Acres
      • Features: Level, Gentle Sloping
      • Topography: Gentle Sloping, Level
      Details
      • Additional structures: Barn(s)
      • Parcel number: 25448400
      • Zoning: AR

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Farm
      Condition
      • Year built: 2016

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Rural
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $3,800/sqft
      • Tax assessed value: $3,666,300
      • Annual tax amount: $16,109
      • Date on market: 11/25/2025
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        Estimated market value

        $8,584,700

        $8.16M - $9.01M

        $2,580/mo

        Price history

        DateEventPrice
        4/17/2026Price change$9,500,000-9.5%$3,800/sqft
        Source: Imagine MLS #25506877 Report a problem
        11/25/2025Listed for sale$10,500,000+75%$4,200/sqft
        Source: Imagine MLS #25506877 Report a problem
        12/21/2012Sold$6,000,000$2,400/sqft
        Source: Imagine MLS #1300168 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$16,109 +64.9%$3,666,300 -42.9%
        2022$9,767 $6,420,000
        2021$9,767 $6,420,000
        2020$9,767 $6,420,000
        2019$9,767 $6,420,000
        2018$9,767 +5.7%$6,420,000 +625.8%
        2017$9,236 +139.6%$884,600 +116.8%
        2015$3,854 $408,100 +0.1%
        2014$3,854 $407,600 -89.9%
        2012$3,854 $4,016,200
        2011-- --
        2010-- --
        2009-- --
        2008-- $417,900
        2004-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $55,641/mo
        Principal & interest
        $48991
        Property taxes
        $6650
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          Climate risks

          Neighborhood: 40511

          Getting around

          0 / 100
          Car-Dependent
          20 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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