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502 John Ballard Rd; Richmond, KY Property Details

502 John Ballard Rd, Richmond, KY is a Single Family that was built in 2004. This property is currently Financed and is not for sale. Our records show that 502 John Ballard Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,733 square feet. The lot size of 502 John Ballard Rd is 63,598 square feet.

Off market
502 John Ballard Rd Richmond, KY 40475
$325,000 Listing Price
3 Beds
2 Baths
1,733 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2004
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $259,753
  • Est. Equity / %: $151,247 / 36.8%
  • Gross Yield: 14.555%
  • APN: 0059-0003-0040
  • Situs County: Madison
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Hip
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,733/SqFt
  • Lot: 63,598/SqFt
  • Garage: 484/SqFt
  • Living: 1,733/SqFt
  • Basement: 1,220/SqFt
  • Building: 1,733/SqFt
  • Ground: 1,219/SqFt
  • Basement Finished: 1,220/SqFt
  • Price Per Square Foot: $187.54

Legal Description

  • Description: WELCHWOOD ESTS LOT 42
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: 37.63343 / -84.32049
  • Subdivision: Welchwood
  • Property Class: Residential

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 9608
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

502 John Ballard Rd has no associated ownership info
502 John Ballard Rd has no associated ownership info.

Taxes

502 John Ballard Rd has 8 associated Taxes items

502 John Ballard Rd, 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 $325,000. The APN we've located for 502 John Ballard Rd is 0059-0003-0040.

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Taxes
  • Assessed Value:  $325,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  0059-0003-0040
  • Tax Amount:  3064.75
  • Tax Year:  2025
  • Market Value:  325000
  • Market Year:  2025

Tax History

502 John Ballard Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $325,000 Land Value Improvement Value Tax Amount $3,064.75 Change Rate -0.015762% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $325,000 Land Value Improvement Value Tax Amount $3,113.83 Change Rate -0.012266% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $325,000 Land Value Improvement Value Tax Amount $3,152.5 Change Rate -0.003083% Assessed CR Tax Rate +0.0097%
Year 2022 Assessed Value $325,000 Land Value Improvement Value Tax Amount $3,162.25 Change Rate +0.519509% Assessed CR Tax Rate +0.00973%
Year 2021 Assessed Value $210,000 Land Value Improvement Value Tax Amount $2,081.1 Change Rate +0.082626% Assessed CR Tax Rate +0.00991%
Year 2020 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,922.27 Change Rate -0.004918% Assessed CR Tax Rate +0.010117%
Year 2019 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,931.77 Change Rate +0.000425% Assessed CR Tax Rate +0.010167%
Year 2018 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,930.95 Change Rate +0.010942% Assessed CR Tax Rate +0.010163%
Year 2017 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,910.05 Change Rate +0.007958% Assessed CR Tax Rate +0.010053%
Year 2016 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,894.97 Change Rate +0.024879% Assessed CR Tax Rate +0.009974%
Year 2015 Assessed Value $190,000 Land Value Improvement Value Tax Amount $1,848.97 Change Rate Assessed CR Tax Rate +0.009731%
Year 2014 Assessed Value $157,665 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $157,665 Land Value $157,665 Improvement Value Tax Amount $1,508.85 Change Rate Assessed CR Tax Rate +0.00957%