Large Location Icon

416 Wallace Ct; Richmond, KY Property Details

416 Wallace Ct, Richmond, KY is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 416 Wallace Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,242 square feet. The lot size of 416 Wallace Ct is 7,227 square feet.

Off market
416 Wallace Ct Richmond, KY 40475
$244,500 Listing Price
3 Beds
2 Baths
1,242 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1962
  • Purchase Price: $244,500
  • Open Loans / Balance: 1 / $235,151
  • Est. Equity / %: $-20,151 / -9.37%
  • Gross Yield: 12.67%
  • APN: R005-0012-0022
  • Situs County: Madison
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer

Measurements

  • Total: 1,242/SqFt
  • Lot: 7,227/SqFt
  • Living: 1,242/SqFt
  • Building: 1,242/SqFt
  • Price Per Square Foot: $196.86

Legal Description

  • Description: WALLACE COURT LOT 16
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 37.7523 / -84.306984
  • Subdivision: Wallace Court
  • Property Class: Residential

Amenities

  • Plus Four: 1334
  • Garage: Mixed
  • Parking: 1

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

416 Wallace Ct has no associated ownership info
416 Wallace Ct has no associated ownership info.

Taxes

416 Wallace Ct has 8 associated Taxes items

416 Wallace Ct, Richmond, KY pays taxes in Madison County, KY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $113,000. The APN we've located for 416 Wallace Ct is R005-0012-0022.

Unlock the full report
Taxes
  • Assessed Value:  $113,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  R005-0012-0022
  • Tax Amount:  602.57
  • Tax Year:  2025
  • Market Value:  113000
  • Market Year:  2025

Tax History

416 Wallace Ct has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $113,000 Land Value Improvement Value Tax Amount $602.57 Change Rate +0.386876% Assessed CR Tax Rate +0.005332%
Year 2024 Assessed Value $91,700 Land Value Improvement Value Tax Amount $434.48 Change Rate -0.012299% Assessed CR Tax Rate +0.004738%
Year 2023 Assessed Value $91,700 Land Value Improvement Value Tax Amount $439.89 Change Rate -0.117024% Assessed CR Tax Rate +0.004797%
Year 2022 Assessed Value $91,700 Land Value Improvement Value Tax Amount $498.19 Change Rate +6.261186% Assessed CR Tax Rate +0.005433%
Year 2021 Assessed Value $91,700 Land Value Improvement Value Tax Amount $68.61 Change Rate -0.006804% Assessed CR Tax Rate +0.000748%
Year 2020 Assessed Value $89,000 Land Value Improvement Value Tax Amount $69.08 Change Rate -0.851326% Assessed CR Tax Rate +0.000776%
Year 2019 Assessed Value $85,000 Land Value Improvement Value Tax Amount $464.64 Change Rate -0.035476% Assessed CR Tax Rate +0.005466%
Year 2018 Assessed Value $85,000 Land Value Improvement Value Tax Amount $481.73 Change Rate +0.010933% Assessed CR Tax Rate +0.005667%
Year 2017 Assessed Value $85,000 Land Value Improvement Value Tax Amount $476.52 Change Rate -0.006671% Assessed CR Tax Rate +0.005606%
Year 2016 Assessed Value $85,000 Land Value Improvement Value Tax Amount $479.72 Change Rate +0.024846% Assessed CR Tax Rate +0.005644%
Year 2015 Assessed Value $48,100 Land Value Improvement Value Tax Amount $468.09 Change Rate Assessed CR Tax Rate +0.009732%
Year 2014 Assessed Value $85,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $85,000 Land Value $15,000 Improvement Value $70,000 Tax Amount $488.07 Change Rate Assessed CR Tax Rate +0.005742%