NOT LISTED FOR SALE

513 W Main St Lexington, KY 40507

Historic Western Suburb Neighborhood

Estimated Value: $166,000 - $685,000

2 Beds
2 Baths
1,407 Sq Ft
2007 Built

Sale Details

Date Sold: March 19, 2025

Last sale price $167,500 $119 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,877 / mo

4 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Accessibility Features
  • Lafayette High School Rated A
  • Views
  • 1-minute walk to Triangle Park

About This Home

As of March 2025

Discover an unparalleled chance to create your ideal urban living space with this street-level unfinished condo unit, strategically located directly across from Rupp Arena. This prime downtown location offers not just visibility but also convenience, making it perfect for both residential and investment purposes. Spanning a generous total of 1,494 square feet, this unit present a blank canvas for your vision. There is potential to add a second-level loft space providing room for multiple bedrooms and bathrooms, significantly increasing your living area. The entry can be transformed into a set back entrance with fence and balcony above for extra curb appeal and convenience. Seize this rare opportunity to design a bespoke living environment in the heart of downtown. Whether you're looking to create a luxurious personal retreat or a lucrative investment, the possibilities are endless. Seller is offering a concession to help cover cost of enclosing elevator machine room located in the back of the unit. Priced under recent appraised value. HOA covers water and sewer.

Last Agent to Sell the Property

Ellie Hatton

The Brokerage License #275930 Listed on: 03/01/2025

Last Buyer's Agent

Ellie Hatton

The Brokerage License #275930 Listed on: 03/01/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Home Design

  • Brick Veneer

Interior Spaces

  • 1-Story Property
  • Concrete Flooring
  • No Kitchen Appliances
  • Property Views

Accessible Home Design

  • Accessibility Features

Schools

  • Harrison Elementary School
  • Lexington Trad Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38205160

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Year Built: 2007
  • Levels: One
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Tax Legal: Elementary School: Harrison
  • Tax Legal: Middle Or Junior School: Lexington Trad
  • Tax Legal: High School: Lafayette
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Levels: One: Yes
  • Lot: View YN: Yes
  • Building: Accessibility Features YN: Yes
  • Lot: Water Body Access YN: No
  • Appliances: None: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Flooring: Concrete
  • Basement: No
  • Fireplace: No
  • Interior: Basement YN: No
  • Interior: Fireplace YN: No
  • Flooring: Concrete: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • Foundation Details: Other
  • List Price: 182000.0
  • View: Other
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Lot: Waterfront YN: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Other
  • Parking Information: Garage YN: No
  • Parking Information: Carport YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Heating: Electric: Yes

Schools

  • Elementary School: Harrison
  • High School: Lafayette
  • Middle or Junior School: Lexington Trad

Lot Info

  • Parcel Number: 38205160

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Mar 19, 2025
Sold by
Bought by
Seller's Agent
Ellie Hatton
The Brokerage
Buyer's Agent
Ellie Hatton
The Brokerage
List Price
$182,000
Sold Price
$167,500
Premium/Discount to List
-$14,500
-7.97%
Views
41
Current Estimated Value
$315,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,464
Avg. Annual Appreciation
65.48%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2015
Sold by
Bought by

Purchase Details

Closed on
May 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$167,500 None Listed On Document
$335,000 --
$230,000 --
$140,800 --
$265,000 --
$256,000 --
$250,000 --
$2,199,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $280,000
Previous Owner $200,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 Sold $167,500 -8.0% $119 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/01/2025 03/01/25 For Sale $182,000 -- $129 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,071 $167,500 $0 $0
2024 $2,071 $167,500 $0 $0
2023 $2,071 $167,500 $0 $0
2022 $2,140 $167,500 $0 $0
2021 $1,469 $115,000 $0 $0
2020 $1,469 $115,000 $0 $0
2019 $1,469 $115,000 $0 $0
2018 $1,469 $115,000 $0 $0
2017 $3,226 $265,000 $0 $0
2015 $1,900 $256,000 $0 $0
2014 $1,900 $256,000 $0 $0
2012 $1,900 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Ellie Hatton

    The Brokerage

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25003419

ImagineMLS (Bluegrass REALTORS®)

APN: 38205160

Kentucky Fayette County Lexington 40507 Historic Western Suburb

513 W Main St, Lexington, KY

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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 2026 LBAR Multiple Listing Service. All Rights Reserved.

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