Finchville horse farm foreclosed for $1.65 million

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By Lisa King

A 300-acre horse farm in Finchville is under foreclosure for more than a $1.5 million after the owners defaulted on their mortgage.

Lee and Margaret Wilburn of Jefferson County bought the property at 701 Duvall Lane in April 2006 for $1.650 million, according to court records.

Wilburn is listed as the owner of Sto Properties, LLC in Prospect. That company also is named on the foreclosure suit against the Wilburns by Eclipse Bank in Louisville.

Wilburn also is listed as the owner of CrossDock Development, which has the same street address as Sto Properties.

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