Central Kentucky Properties Changing Hands

A number of established farms in Central Kentucky have changed hands or added onto existing property:

- On Jan. 17, 2002, Brooke and Linsley Royster sold three tracts of land in Fayette County, Ky., to Edmond A. Hudon Family Limited Partnership for $3.4 million. The Roysters operate Chance Farm on the property. The three tracts total about 216 acres the Roysters acquired in two separate transactions in 1987 and 1992 for a total of $865,000.

- John A. Bell III Enterprises paid $1.25 million for 6.9 acres adjoining Jonabell Farm in Fayette County. The property, previously owned by Dan and Lizbeth Baker, was once part of Jonabell and was bought primarily for the residence. Sheikh Mohammed al Maktoum now owns John A. Bell Enterprises and Jonabell in the name of Darley Stud. W.T. Bishop III is president of both Darley and John A. Bell Enterprises.

- John Williams' Chesapeake Equine Inc. sold 72.5 acres in Fayette County to Bluegrass Christian Mens Fellowship for $540,000. Williams acquired the property in 1993 for $253,813. He operates Ballindaggin Farm in Fayette County.

- William and Audrey Reed sold 22.5 acres of their Mare Haven Farm in Fayette County to the Lexington Fayette Urban County Government for $520,000. No horses were on the property. The Reeds acquired the parcel in 1978.

- Melinda Smith bought 14 acres in Fayette County in the name of Pegasus Holdings for $300,000. It adjoins Pegasus Stud, but she said she unsure of the plans for the property.

- Hub and Kirsten Johnson have purchased 24 acres of the former Castleview Farm in Woodford County, Ky. Hub Johnson said their goal is to create "the most comprehensive rehabilitation facility in the world." Its amenities will include an indoor swimming pool, aquatread, European walking machine, solarium, and hyperbaric oxygen chamber. The Johnsons took possession of the property Jan. 1 and hope to be open for business to all breeds by April 1.

- Allegre Thoroughbred Inc., a 73-acre facility near Phoenix, Ariz., was to be auctioned Feb. 12 but, due to poor turnout, the sale did not go on. The property, appraised at $1.2 million, includes an arena, track, and pastures.

Most Popular Stories