Taxes
- Assessed Value: $65,000
- Assessed Year: 2025
- Assessed County: Franklin
- APN: 038-20-01-017.00
- Assessed Land Value: 15000
- Market Land Value: 15000
- Tax Amount: 778.7
- Tax Year: 2025
- Market Value: 65000
- Market Year: 2025
242 Cherry Ln; Frankfort, KY Property Details
Off market
242 Cherry Ln Frankfort, KY 40601
$65,000 Estimated Value
3 Beds
1 Baths
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1978
- Open Loans / Balance: 1 / $1,527,903
- Est. Equity / %: $-1,334,903 / -691.66%
- Gross Yield: 3.787%
- APN: 038-20-01-017.00
- Situs County: Franklin
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 7
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Good
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Yes
- Patio Type: Patio
Legal Description
- Description: FARMDALE IV LOT 131
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Franklin County School District
- Lat / Lon: 38.111423 / -84.936356
- Subdivision: Farmdale
- Property Class: Residential
- County Use Code: 1
Amenities
- Heating Fuel Type: Electric
- Plus Four: 8128
- Heating: Radiant
Ownership Info
242 Cherry Ln has no associated ownership info
242 Cherry Ln has no associated ownership info.
Taxes
242 Cherry Ln has 10 associated Taxes items
242 Cherry Ln, Frankfort, KY pays taxes in Franklin County, KY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $65,000. The APN we've located for 242 Cherry Ln is 038-20-01-017.00.
Unlock the full reportTax History
242 Cherry Ln has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $65,000 | Land Value $15,000 | Improvement Value $50,000 | Tax Amount $778.7 | Change Rate -0.007457% | Assessed CR | Tax Rate +0.01198% |
| Year 2024 | Assessed Value $65,000 | Land Value | Improvement Value | Tax Amount $784.55 | Change Rate +0.010042% | Assessed CR | Tax Rate +0.01207% |
| Year 2023 | Assessed Value $65,000 | Land Value | Improvement Value | Tax Amount $776.75 | Change Rate +0.009291% | Assessed CR | Tax Rate +0.01195% |
| Year 2022 | Assessed Value $65,000 | Land Value | Improvement Value | Tax Amount $769.6 | Change Rate | Assessed CR | Tax Rate +0.01184% |