502 Locust Ln
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.
Possible seller financing. Seller to lease back from buyer up to 4 months. 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 roomeach 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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FeaturesGeneralHeating Electric Heat Pump
Cooling Central Air Heat Pump
Utilities Electricity Connected Propane
Roof Shingle
HOA Fee 0.0
Garage Spaces 2.0
Architectural Style Traditional
Construction Materials Brick Veneer
Year Built 1900
Stories Count 2
Property Subtype Farm
County Shelby
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name NONE
Garage Y/N Y
Other Structures Barn(s) Outbuilding
Total Rooms 15
Full Baths 5
Status Active Under Contract
Directions I-64 to exit 32. Take by-pass to left on Lagrange Rd then left on Locust Ln. Property is on the right.
City Shelbyville
MLS Area 30-Shelby County
Lot Size Units Acres
Lot Size Square Feet 4076780.4
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 30-Shelby County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Tax Lot J
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InteriorBasement Partially Finished
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3276.0
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 5
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ExteriorExterior Amenities See Remarks
Fencing Partial Wood Electric
Parking Features Attached Entry Side
Lot Features Pond on Lot Covt/Restr See Remarks AddLndAve
Water Source Public
Lot Size Area 93.59
Foundation Details Poured Concrete
Spa N
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 RogersBroker
susan@myownkyhome.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.
518801 Elementary School
518802 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/21/2025 | $1,900,000 | | Listed Price |