508 E Main St Unit 409 Lexington, KY 40508
Aylesford Place NeighborhoodEstimated payment $3,452/month
Highlights
- Clubhouse
- Secluded Lot
- Wood Flooring
- Ashland Elementary School Rated A
- Recreation Room
- 5-minute walk to Thoroughbred Park
About This Home
Full of charm and character, The Wellington Arms remains one of Main Street's most treasured landmarks. Designed in 1932 by Kentucky's first licensed architect as Lexington's premier luxury apartment building, it was thoughtfully converted to condominiums in the 2000s. This 2-bedroom, 2-bath, Penthouse condo blends preserved historic detail with modern updates, offering a truly unique downtown living experience. The unit features period light fixtures, original hardwood floors, and period subway tile in the bathrooms, complementing its timeless design. The split-bedroom layout provides privacy, with each bedroom offering a spacious walk-in closet and full bath. A gourmet kitchen, ideal for both everyday living and entertaining, anchors the home. Large windows fill the space with natural light and overlook the beautifully landscaped courtyard. Amenities include a stunning first-floor gathering room with leaded glass, a lower-level fitness center, and a community room. One covered parking space is included, along with an additional uncovered space.
Listing Agent
Bluegrass Sotheby's International Realty License #216197 Listed on: 09/30/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,501
Year Built
- Built in 1932
Lot Details
- Privacy Fence
- Wood Fence
- Wire Fence
- Landscaped
- Few Trees
- Garden
HOA Fees
- $745 Monthly HOA Fees
Home Design
- Entry on the 4th floor
- Brick Veneer
- Stone Foundation
- Dimensional Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 1,215 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Entrance Foyer
- Living Room
- Dining Room
- Recreation Room
- Neighborhood Views
Kitchen
- Breakfast Bar
- Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Parking
- 1 Detached Carport Space
- Off-Street Parking
Outdoor Features
- Outdoor Grill
Schools
- Ashland Elementary School
- Lexington Trad Middle School
- Henry Clay High School
Utilities
- Cooling Available
- Heating Available
- Natural Gas Connected
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 38165080
Community Details
Overview
- Association fees include sewer, snow removal, trash, water
- Downtown Subdivision
- Mandatory home owners association
- On-Site Maintenance
Amenities
- Clubhouse
- Recreation Room
- Laundry Facilities
Recreation
- Tennis Courts
- Recreation Facilities
- Community Pool
- Park
- Snow Removal
Security
- Storm Windows
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,501 | $364,000 | $0 | $0 |
| 2023 | $4,204 | $340,000 | $0 | $0 |
| 2022 | $4,343 | $340,000 | $0 | $0 |
| 2021 | $3,321 | $260,000 | $0 | $0 |
| 2020 | $3,321 | $260,000 | $0 | $0 |
| 2019 | $3,321 | $260,000 | $0 | $0 |
| 2018 | $3,321 | $260,000 | $0 | $0 |
| 2017 | $3,165 | $260,000 | $0 | $0 |
| 2015 | $2,012 | $310,000 | $0 | $0 |
| 2014 | $2,012 | $310,000 | $0 | $0 |
| 2012 | $2,012 | $179,800 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $439,900 | +20.9% | $362 / Sq Ft |
| 07/24/2023 07/24/23 | Sold | $364,000 | +0.3% | $300 / Sq Ft |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | For Sale | $363,000 | +6.8% | $299 / Sq Ft |
| 11/30/2021 11/30/21 | Sold | $340,000 | +4.6% | $280 / Sq Ft |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $325,000 | +25.0% | $267 / Sq Ft |
| 06/19/2015 06/19/15 | Sold | $260,000 | 0.0% | $214 / Sq Ft |
| 05/19/2015 05/19/15 | Pending | -- | -- | -- |
| 03/10/2015 03/10/15 | For Sale | $260,000 | -- | $214 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $364,000 | Bluerock Title |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25502523
APN: 38165080
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