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551 Gilbert Dr; Richmond, KY Property Details

551 Gilbert Dr, Richmond, KY is a Single Family. This property is not for sale. Our records show that 551 Gilbert Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,204 square feet. The lot size of 551 Gilbert Dr is 149,870 square feet.

Off market
551 Gilbert Dr Richmond, KY 40475
$235,000 Estimated Value
3 Beds
2 Baths
1,204 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $285,000 / 100%
  • Gross Yield: 7.903%
  • APN: 054A-0001-0010
  • Situs County: Madison

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,204/SqFt
  • Lot: 149,870/SqFt
  • Garage: 400/SqFt
  • Living: 1,204/SqFt
  • Basement: 1,204/SqFt
  • Building: 1,204/SqFt
  • Ground: 1,204/SqFt
  • Basement Unfinished: 1,204/SqFt

Legal Description

  • Description: HILLCREST 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: 37.767628 / -84.2949
  • Subdivision: Hillcrest
  • Property Class: Residential

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 3078
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

551 Gilbert Dr has no associated ownership info
551 Gilbert Dr has no associated ownership info.

Taxes

551 Gilbert Dr has 8 associated Taxes items

551 Gilbert Dr, 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 $235,000. The APN we've located for 551 Gilbert Dr is 054A-0001-0010.

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Taxes
  • Assessed Value:  $235,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  054A-0001-0010
  • Tax Amount:  2216.05
  • Tax Year:  2025
  • Market Value:  235000
  • Market Year:  2025

Tax History

551 Gilbert Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $235,000 Land Value Improvement Value Tax Amount $2,216.05 Change Rate -0.015763% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $235,000 Land Value Improvement Value Tax Amount $2,251.54 Change Rate +1.452364% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $141,000 Land Value Improvement Value Tax Amount $918.11 Change Rate -0.061122% Assessed CR Tax Rate +0.006511%
Year 2022 Assessed Value $141,000 Land Value Improvement Value Tax Amount $977.88 Change Rate -0.018153% Assessed CR Tax Rate +0.006935%
Year 2021 Assessed Value $141,000 Land Value Improvement Value Tax Amount $995.96 Change Rate +0.073522% Assessed CR Tax Rate +0.007064%
Year 2020 Assessed Value $131,000 Land Value Improvement Value Tax Amount $927.75 Change Rate +0.064752% Assessed CR Tax Rate +0.007082%
Year 2019 Assessed Value $125,000 Land Value Improvement Value Tax Amount $871.33 Change Rate -0.019038% Assessed CR Tax Rate +0.006971%
Year 2018 Assessed Value $125,000 Land Value Improvement Value Tax Amount $888.24 Change Rate +0.010937% Assessed CR Tax Rate +0.007106%
Year 2017 Assessed Value $125,000 Land Value Improvement Value Tax Amount $878.63 Change Rate -0.000034% Assessed CR Tax Rate +0.007029%
Year 2016 Assessed Value $125,000 Land Value Improvement Value Tax Amount $878.66 Change Rate +0.024868% Assessed CR Tax Rate +0.007029%
Year 2015 Assessed Value $88,100 Land Value Improvement Value Tax Amount $857.34 Change Rate Assessed CR Tax Rate +0.009731%
Year 2014 Assessed Value $125,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $125,000 Land Value $25,000 Improvement Value $100,000 Tax Amount $870.87 Change Rate Assessed CR Tax Rate +0.006967%