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5335 Russell Cave Rd, Lexington, KY, 40511

3beds
3baths
2,500sqft
$9,500,000
$3,800price/sqft
$56,666/moest. monthly cost
$2,266,640/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

3/10
2/10
Winburn Middle SchoolGrades 6-85.7 mi
3/10
Bryan Station High SchoolGrades 9-126.5 mi

Construction

Condition

  • Year built: 2016

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Farm

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 2,500

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 25448400
  • Zoning: AR

Features

  • Levels: One and One Half
  • Fencing: V-Mesh,Plank
  • Has view: Yes
  • View description: Rural,Farm
  • Topography of land: Gentle Sloping, Level

Lot

  • Lot size: 420 Acres
  • Features: Level,Gentle Sloping

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Tornado
Winter Weather
Earthquake
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $48,037$576,444
Home Insurance *$3,950$47,400
Property Taxes $4,482$53,784
Electricity $197$2,369
Total$56,666$679,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,942,834/yr
40% on housing$1,699,980/yr
45% on housing$1,511,093/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,800This listing

vs Other Active Listings

Avg $/sqft

ZIP 40511$447
Fayette County$238

vs Homes Sold Last Month

Median $/sqft

ZIP 40511$180
Fayette County$186

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Price change$9,500,000
2025-11-25Listed for sale$10,500,000
2012-12-21Sold$6,000,000

For Sale by Agent

AgentTom Biederman
BrokerageBiederman Real Estate

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