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507 Ellis Ct; Richmond, KY Property Details

507 Ellis Ct, Richmond, KY is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 507 Ellis Ct has 3 bedrooms, and 1 bathroom, and a total of 891 square feet. The lot size of 507 Ellis Ct is 5,375 square feet.

Off market
507 Ellis Ct Richmond, KY 40475
$78,500 Listing Price
3 Beds
1 Baths
891 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $78,500
  • Open Loans / Balance: 2 / $68,587
  • Est. Equity / %: $101,413 / 59.65%
  • Gross Yield: 7.595%
  • APN: R005-0025-0016
  • Situs County: Madison
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 891/SqFt
  • Lot: 5,375/SqFt
  • Living: 891/SqFt
  • Basement: 891/SqFt
  • Building: 891/SqFt
  • Ground: 891/SqFt
  • Basement Unfinished: 891/SqFt
  • Price Per Square Foot: $88.10

Legal Description

  • Description: ELLIS COURT LOT 3
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: 37.74859 / -84.30157
  • Subdivision: Ellis Court
  • Property Class: Residential

Amenities

  • Plus Four: 1315
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

507 Ellis Ct has no associated ownership info
507 Ellis Ct has no associated ownership info.

Taxes

507 Ellis Ct has 8 associated Taxes items

507 Ellis 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 $111,000. The APN we've located for 507 Ellis Ct is R005-0025-0016.

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Taxes
  • Assessed Value:  $111,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  R005-0025-0016
  • Tax Amount:  1046.73
  • Tax Year:  2025
  • Market Value:  111000
  • Market Year:  2025

Tax History

507 Ellis Ct has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $111,000 Land Value Improvement Value Tax Amount $1,046.73 Change Rate +0.311527% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $83,300 Land Value Improvement Value Tax Amount $798.1 Change Rate -0.012252% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $83,300 Land Value Improvement Value Tax Amount $808 Change Rate -0.003097% Assessed CR Tax Rate +0.0097%
Year 2022 Assessed Value $83,300 Land Value Improvement Value Tax Amount $810.51 Change Rate +6.261333% Assessed CR Tax Rate +0.00973%
Year 2021 Assessed Value $83,300 Land Value Improvement Value Tax Amount $111.62 Change Rate +0.022911% Assessed CR Tax Rate +0.00134%
Year 2020 Assessed Value $78,500 Land Value Improvement Value Tax Amount $109.12 Change Rate -0.863282% Assessed CR Tax Rate +0.00139%
Year 2019 Assessed Value $78,500 Land Value Improvement Value Tax Amount $798.14 Change Rate +0.354042% Assessed CR Tax Rate +0.010167%
Year 2018 Assessed Value $58,000 Land Value Improvement Value Tax Amount $589.45 Change Rate +0.010942% Assessed CR Tax Rate +0.010163%
Year 2017 Assessed Value $58,000 Land Value Improvement Value Tax Amount $583.07 Change Rate +0.299147% Assessed CR Tax Rate +0.010053%
Year 2016 Assessed Value $45,000 Land Value Improvement Value Tax Amount $448.81 Change Rate Assessed CR Tax Rate +0.009974%
Year 2015 Assessed Value $50,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $64,000 Land Value $64,000 Improvement Value Tax Amount $612.48 Change Rate -0.002086% Assessed CR Tax Rate +0.00957%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $613.76 Change Rate Assessed CR Tax Rate