NOT LISTED FOR SALE

405 Melrose Ave Nicholasville, KY 40356

South Nicholasville Neighborhood

Estimated Value: $220,000 - $292,000

3 Beds
1.5 Baths
1,100 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $169,000 $154 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,490/month

5 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Brick Veneer
  • West Jessamine Middle School Rated A-
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of March 2021

Check out this well maintained three Bedroom, One Bath home. This property has a nice large fenced in lot, a detached garage, and a full unfinished basement. With it's great location sitting on a quiet street yet close to main roads this is a wonderful home at a fantastic price. Call to check it out today before it's too late!!!

Last Agent to Sell the Property

Willie Pettit

Cornerstone Realty & Auction License #248678 Listed on: 02/02/2021

Last Buyer's Agent

Shiloh Williams

Keller Williams Bluegrass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Blinds
  • Living Room with Fireplace
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Nicholasville Elementary School
  • West Jess High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058-20-05-004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,016

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1100.0
  • Levels: One
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Privacy: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry
  • Fireplace: Yes
  • LivingArea: 1100.0
  • Lot Size Area: 0.22
  • Window Features: Blinds
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Privacy, Wood
  • Foundation Details: Block
  • List Price: 165000.0
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Nicholasville
  • High School: West Jess HS

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.21
  • Parcel Number: 058-20-05-004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 10, 2021
Sold by
Taylor Brandon W and Taylor Ashlee
Bought by
Henry Daniel L and Henry Sally M
Seller's Agent
Willie Pettit
Cornerstone Realty & Auction
Buyer's Agent
Shiloh Williams
Keller Williams Bluegrass Realty
List Price
$165,000
Sold Price
$169,000
Premium/Discount to List
$4,000
2.42%
Current Estimated Value
$250,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,021
Avg. Annual Appreciation
8.85%
Original Mortgage
$95,000
Outstanding Balance
$85,161
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$164,860

Purchase Details

Closed on
Oct 23, 2009
Sold by
Watkins Lloyd B and Watkins Peggy D
Bought by
Taylor Brandon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
5.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2009
Sold by
Reed Donald G and Reed Ruby Lewis
Bought by
Watkins Lloyd B and Watkins Peggy D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henry Daniel L $169,000 Foundation T&E Lexington
Taylor Brandon W $107,500 --
Watkins Lloyd B $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Daniel L $95,000
Previous Owner Taylor Brandon W $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $169,000 +2.4% $154 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $165,000 -- $150 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,016 $238,000 $35,100 $202,900
2023 $1,303 $169,000 $25,000 $144,000
2022 $239 $169,000 $25,000 $144,000
2021 $213 $114,400 $21,000 $93,400
2020 $213 $114,400 $21,000 $93,400
2019 $213 $114,400 $21,000 $93,400
2018 $200 $107,500 $20,000 $87,500
2017 $200 $107,500 $20,000 $87,500
2016 $1,084 $107,500 $20,000 $87,500
2015 $1,084 $107,500 $20,000 $87,500
2014 $1,065 $107,500 $20,000 $87,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Willie Pettit

    Cornerstone Realty & Auction

  • S

    Buyer's Agent in 2021

    Shiloh Williams

    Keller Williams Bluegrass Realty

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20102153

ImagineMLS (Bluegrass REALTORS®)

APN: 058-20-05-004.00

Kentucky Jessamine County Nicholasville 40356 South Nicholasville

405 Melrose Ave, Nicholasville, KY

This home is located at 405 Melrose Ave, Nicholasville, KY 40356 since 02 February 2021 and is currently estimated at $250,021, approximately $227 per square foot. This property was built in 1959. 405 Melrose Ave is a home located in Jessamine County with nearby schools including Nicholasville Elementary School, West Jessamine Middle School, and West Jessamine High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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