519 E Oak St Louisville, KY 40203
Shelby Park NeighborhoodEstimated payment $984/month
Total Views
3,723
2
Beds
1.5
Baths
1,200
Sq Ft
$129
Price per Sq Ft
Highlights
- No HOA
- Porch
- Forced Air Heating and Cooling System
- Meyzeek Middle School Rated A-
- Patio
- 2-minute walk to Shelby Park Community Center
About This Home
Unmissable Investment Opportunity in Thriving Shelby Park!
Priced to sell quickly and offered ''AS-IS,'' this 2-bedroom, 1.5-bathroom home presents an exceptional chance for savvy investors or individuals looking to build sweat equity in Louisville's rapidly appreciating Shelby Park neighborhood. Boasting approximately 1,200 square feet of living space, this property stands out with its generous size, offering a valuable additional flex room. This versatile space is ideal for a dedicated home office, a vibrant playroom, or much-needed extra storage, adding significant appeal and functionality. Beyond the interior, you'll find a fenced-in backyard, providing privacy and a secure outdoor area—a desirable feature in urban settings. The property has been held vacant... since the last lease ended, ensuring a smooth transition for new owners. While some cleanup is needed, it's primed and ready for its next tenant or homeowner.
Why Shelby Park? This isn't just a house; it's an entry point into one of Louisville's most dynamic and sought-after neighborhoods. Shelby Park is experiencing significant revitalization and growth, drawing new businesses, residents, and development. Residents enjoy walkability, with easy access to essential services including supermarkets, restaurants, and schools. The namesake Shelby Park offers athletic fields, tennis courts, trails, and a community center with an indoor pool. There's a vibrant local scene, with a diverse array of unique restaurants (from soul food to Roman-style pizza), craft breweries, coffee shops, and artistic venues like Art Sanctuary and Gallerie Hertz Art Gallery. The strong community spirit is evident in ongoing community events, local markets like Logan Street Market, and a strong sense of pride among residents. This property offers strong investment potential, as home values in Shelby Park have shown positive growth, and fixer-uppers offer the potential for significant equity building through strategic renovations. The median sale price in Shelby Park was up 23.8% in May 2025 compared to last year.
This is a true value-add proposition in a competitive market. Take advantage of the lower purchase price, customize the home to your vision, and capitalize on the strong rental demand or future resale potential in this flourishing area. Property is being sold AS-IS with no warranties expressed, written, or implied. Buyer to verify all information, including but not limited to square footage, lot size, utilities, foundation, environmental concerns, zoning, and intended uses. Don't miss this outstanding opportunity to own a piece of Shelby Park's exciting future! Act now!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,681
Year Built
- Built in 1905
Lot Details
- Partially Fenced Property
- Chain Link Fence
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Shelby Park Subdivision
Listing and Financial Details
- Legal Lot and Block 0095 / 023A
- Assessor Parcel Number 023A00950000
Map
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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 | $1,681 | $130,930 | $22,000 | $108,930 |
| 2023 | $991 | $73,870 | $22,000 | $51,870 |
| 2022 | $1,005 | $73,870 | $22,000 | $51,870 |
| 2021 | $1,057 | $73,870 | $22,000 | $51,870 |
| 2020 | $633 | $46,080 | $14,000 | $32,080 |
| 2019 | $618 | $46,080 | $14,000 | $32,080 |
| 2018 | $610 | $46,080 | $14,000 | $32,080 |
| 2017 | $601 | $46,080 | $14,000 | $32,080 |
| 2013 | $381 | $38,090 | $8,000 | $30,090 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $155,000 | -3.1% | $129 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $160,000 | 0.0% | $133 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $160,000 | -- | $133 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Commissioners Deed | $47,000 | None Available | |
| Deed | $32,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,373 | No Value Available | |
| Previous Owner | $46,983 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Louisville, KY
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1688106
APN: 023A00950000
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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