502 Locust Lane
Shelbyville, KY, 40065 $ 1,900,000
Bedrooms4 Baths5.0 Sq 3,276 Monthly Estimate*
$ 11,854
for $1,900,000 with 4 bedrooms and 5 full baths. This 3,276 square foot home was built in 1900 on a lot size of 93.59.
A Rare Offering in the Heart of Shelby County, Kentucky. This extraordinary estate redefines the meaning of ''My Old Kentucky Home.'' Nestled on approximately 93 rolling acres of picturesque countryside, this meticulously maintained property is a showcase of timeless elegance, thoughtful stewardship, and limitless possibility. The stately four-bedroom, five-bath residence, originally constructed in 1900, has been lovingly preserved and enhanced to meet modern expectations without compromising its historic charm. Each of the four spacious bedrooms features its own private en suite bath, including a serene primary suite located on the main floor. The heart of the home is a sunlit kitchen, equipped with quality appliances and open to both the dining area and a comfortable family room—each space offering sweeping views of the manicured grounds. An elegant formal living room centers around a wood-burning brick fireplace with an original, handcrafted mantle. Throughout the home, you will find rich hardwood floors, an open staircase, and exquisite architectural details that speak to the home's provenance.. The partially finished lower level includes a full bath and flexible space, ideal for a private office, recreation room, or guest retreat. Outdoor living is elevated with a welcoming front porch that overlooks a breathtaking 3-4 acre stocked lake with a private pier-an ideal setting for quiet reflection or unforgettable gatherings. The land itself is nothing short of exceptional. Creeks meander through mature shade trees and gently contoured fields. Currently used for crops and pasture, the property includes a heated, concrete-floored workshop with rear equipment storage, a separate barn ready for livestock, and two expansive open storage structures. Automatic watering systems service the fenced pastures, offering a turnkey opportunity for farming or equestrian pursuits. Whether you envision a working farm, an elite horse property, or a legacy estate, this offering presents a rare and valuable opportunity in the heart of Shelby County - the Saddlebred Capital of the World. A minor driveway relocation will be required per survey, but the path to ownership is otherwise as clear as the skies above this magnificent land. This is more than a home. It is a generational opportunity.
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FeaturesGeneralSewer Public Sewer
Heating Electric Heat Pump
Cooling Electric
Possession Close Of Escrow
Construction Materials Brick Veneer
Year Built 1900
View Farm Trees/Woods
Levels Two
Property Subtype Single Family Residence
County Shelby
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rural
Garage Y/N Y
Other Structures Barn(s) Shed(s)
Total Rooms 14
Full Baths 5
Status Active
Directions I-64 to exit 32. Take by-pass to left on Lagrange Rd then left on Locust Ln. Property is on the right.
High School Martha Layne Collins
City Shelbyville
High School District Shelby County - 30
MLS Area 030 - Shelby County
Lot Size Units Acres
Lot Size Square Feet 4076780.0
Carport Y/N N
Elementary School Painted Stone
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School West Middle
MLS Area Minor 030 - Shelby County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
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InteriorBasement Partial
Flooring Carpet Hardwood
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3276.0
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 5
Heating-Heat Pump True
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ExteriorParking Features Attached Garage
Water Source Public
Lot Size Area 93.59
Foundation Details Concrete Perimeter
Building Area Total 3276.0
Lot Size Acres 93.59
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByColdwell Banker Larry Rogers Realty, IncBroker
larrykrogers@coldwellbanker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,854
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Shelbyville, KY
Average List Price $549,583
Percent of Sale Price 71%
About Shelbyville, KY 15,735 Population
44% Since 2002
$ 45,401 Median Income
36.27 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
5204811 Elementary School
3292753 Middle School
Martha Layne Collins High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/21/2025 | $1,900,000 | -14.41% | Price Down |
| 7/22/2025 | $2,220,000 | | Listed Price |