RENTED JUL 15, 2025

504 Gibson Ave Lexington, KY 40504

Red Mile Neighborhood

Estimated Value: $167,000 - $251,000

4 Beds
2 Baths
1,319 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $199,875 $152 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,546/month

Highlights

  • Wood Flooring
  • Brick Veneer
  • Forced Air Heating System
  • Jessie M. Clark Middle School Rated A-
  • Cooling Available
  • Partially Fenced Property

About This Home

As of July 2025

This property is wonderful for college students, or young professionals. Located close to the Lexington Clinic, UK Campus and downtown. The property has been totally updated with new roof, all new appliances, new flooring, new HVAC, new plumbing, and new paint. It includes a washer and dryer and all kitchen appliances. Tenant pays all utilities but lawncare is provided. Pets not allowed. Open House Saturday, May 31 from 11-1.

Last Agent to Rent the Property

Jo Ann Powell

Four Seasons Realty License #219820 Listed on: 05/30/2025

Last Renter's Agent

Jo Ann Powell

Four Seasons Realty License #219820 Listed on: 05/30/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 7,501 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1.5-Story Property
  • Blinds
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Gibson Park Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Assessor Parcel Number 22915000

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

7,501 Sq Ft Lot

Rental Info

  • Pets Allowed: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1921
  • Levels: One and One Half
  • Structure Type:House: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Fencing:Partial2: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplace: No
  • Lot Size Area: 0.17
  • Owner Pays: Other
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Veneer
  • Fencing: Partial, Wood
  • Foundation Details: Other
  • List Price: 2800.0
  • Pool Private: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7501.0
  • Parcel Number: 22915000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 10, 2024
Sold by
Real Research & Solutions Llc
Bought by
Tst Properties Llc
Seller's Agent
Daniel Ellis
Metro Max Realty
Buyer's Agent
Jo Ann Powell
Four Seasons Realty
List Price
$195,000
Sold Price
$199,875
Premium/Discount to List
$4,875
2.5%
Views
63
Current Estimated Value
$250,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,966
Avg. Annual Appreciation
3.75%
Original Mortgage
$161,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 16, 2024
Closed on
Apr 12, 2024
Sold by
Kentucky R/E Buyers Llc
Bought by
Real Research & Solutions Llc
Seller's Agent
Daniel Ellis
Metro Max Realty
Buyer's Agent
Jo Ann Powell
Four Seasons Realty
List Price
$195,000
Sold Price
$199,875
Premium/Discount to List
$4,875
2.5%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 3, 2014
Sold by
Nelson Donald and Nelson Carlene
Bought by
Nelson Shane Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tst Properties Llc $199,875 Northwest Title Family Of Comp
Real Research & Solutions Llc $161,000 None Listed On Document
Kentucky R/E Buyers Llc $150,000 None Listed On Document
Nelson Shane Christopher $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Real Research & Solutions Llc $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2025 07/15/25 Rented $2,800 0.0% --
06/05/2025 06/05/25 Price Changed $2,800 -6.7% $2 / Sq Ft
05/30/2025 05/30/25 For Rent $3,000 0.0% --
10/20/2024 10/20/24 Off Market $199,875 -- --
05/10/2024 05/10/24 Sold $199,875 +2.5% $152 / Sq Ft View Prior Sale
04/17/2024 04/17/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $195,000 -- $148 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $2,454 $199,900 $0 $0
2024 $1,506 $169,100 $0 $0
2023 $1,506 $169,100 $0 $0
2022 $1,147 $131,000 $0 $0
2021 $1,147 $131,000 $0 $0
2020 $1,162 $131,000 $0 $0
2019 $1,162 $131,000 $0 $0
2018 $843 $104,100 $0 $0
2017 $803 $104,100 $0 $0
2015 $1,155 $104,100 $0 $0
2014 $1,155 $68,100 $0 $0
2012 $1,155 $104,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Ann Powell

    Landlord's Agent in 2025

    Jo Ann Powell

    Four Seasons Realty

    (859) 967-9173

    1 in this area

    72 Total Sales

    Jo Ann Powell
    Section Image
  • Daniel Ellis

    Seller's Agent in 2024

    Daniel Ellis

    Metro Max Realty

    (859) 221-0047

    1 in this area

    101 Total Sales

    Daniel Ellis
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25011335

ImagineMLS (Bluegrass REALTORS®)

APN: 22915000

Kentucky Fayette County Lexington 40504 Red Mile

504 Gibson Ave, Lexington, KY

Not Listed for Sale

Detached

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