Large Location Icon

514 Phelps Rd; Richmond, KY Property Details

514 Phelps Rd, Richmond, KY is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 514 Phelps Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,905 square feet. The lot size of 514 Phelps Rd is 660,370 square feet.

Off market
514 Phelps Rd Richmond, KY 40475
$400,000 Listing Price
3 Beds
2 Baths
1,905 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2014
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $218,541
  • Est. Equity / %: $300,459 / 57.89%
  • APN: 0077-0000-0003-F
  • Situs County: Madison
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer

Measurements

  • Total: 1,905/SqFt
  • Lot: 660,370/SqFt
  • Garage: 625/SqFt
  • Living: 1,905/SqFt
  • Basement: 1,905/SqFt
  • Building: 1,905/SqFt
  • Ground: 1,905/SqFt
  • Basement Unfinished: 1,905/SqFt
  • Price Per Square Foot: $209.97

Legal Description

  • Description: TRACT 1 (15.16 ACRES)
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: 37.87278 / -84.23154
  • Subdivision: Terry Landrum 1 & 2
  • Property Class: Residential

Amenities

  • Plus Four: 9359
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

514 Phelps Rd has no associated ownership info
514 Phelps Rd has no associated ownership info.

Taxes

514 Phelps Rd has 8 associated Taxes items

514 Phelps 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 $277,500. The APN we've located for 514 Phelps Rd is 0077-0000-0003-F.

Unlock the full report
Taxes
  • Assessed Value:  $277,500
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  0077-0000-0003-F
  • Tax Amount:  2616.84
  • Tax Year:  2025
  • Market Value:  277500
  • Market Year:  2025

Tax History

514 Phelps Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,616.84 Change Rate -0.015763% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,658.75 Change Rate -0.012267% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,691.77 Change Rate -0.003081% Assessed CR Tax Rate +0.0097%
Year 2022 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,700.09 Change Rate -0.01816% Assessed CR Tax Rate +0.00973%
Year 2021 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,750.03 Change Rate -0.020481% Assessed CR Tax Rate +0.00991%
Year 2020 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,807.53 Change Rate -0.00492% Assessed CR Tax Rate +0.010117%
Year 2019 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,821.41 Change Rate +0.000426% Assessed CR Tax Rate +0.010167%
Year 2018 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,820.21 Change Rate +0.01094% Assessed CR Tax Rate +0.010163%
Year 2017 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,789.69 Change Rate +0.007963% Assessed CR Tax Rate +0.010053%
Year 2016 Assessed Value $277,500 Land Value Improvement Value Tax Amount $2,767.65 Change Rate +0.083437% Assessed CR Tax Rate +0.009974%
Year 2015 Assessed Value $262,500 Land Value Improvement Value Tax Amount $2,554.51 Change Rate Assessed CR Tax Rate +0.009731%
Year 2014 Assessed Value $25,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $25,000 Land Value $25,000 Improvement Value Tax Amount $239.25 Change Rate Assessed CR Tax Rate +0.00957%