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2040 Highway 42

Bedford, KY 40006

2 bd 2 ba 1,984 sqft Built 1964 Lot 270,943 sqft single_family
Most recent sale
$290,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $290,000 MLS #603754
Apr 6, 2022 Sold $290,000 Public Record
Dec 21, 2018 Sold $166,000 Public Record
Sep 10, 2018 Sold $126,500 Public Record
Aug 31, 2018 Sold $126,500 Louisville
Jul 24, 2018 Listed $125,000 MLS #1509866
Sep 27, 2016 Listing removed $219,900 Louisville
Jun 21, 2016 Price changed $219,900 MLS #1445412
Apr 18, 2016 Listed $235,000 MLS #1445412
Oct 14, 2014 Sold $95,000 Public Record
Oct 10, 2014 Sold $95,000 Louisville
Aug 5, 2014 Listed $97,500 MLS #1398066

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,000 $50,000 $290,000 $3,195
2024 $240,000 $50,000 $290,000 $3,204
2023 $240,000 $50,000 $290,000 $3,262
2022 $240,000 $50,000 $290,000 $2,955
2021 $141,000 $25,000 $166,000 $1,902
2020 $141,000 $25,000 $166,000 $1,918
2019 $141,000 $25,000 $166,000 $1,921
2018 $80,000 $15,000 $95,000 $1,079
2017 $80,000 $15,000 $95,000 $1,052
2016 $80,000 $15,000 $95,000 $1,016
2014 $80,000 $15,000 $95,000 $971
2012 $94,000 $613
2010 $79,000 $15,000 $94,000 $606
2009 $79,000 $15,000 $94,000 $914
2007 $79,000 $15,000 $94,000 $850
2005 $88,000 $770

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,984 sqft
Lot size
270,943 sqft
ZIP code
40006
City
Bedford
Street
Highway 42
Coordinates
38.59604, -85.29253

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,976
Gross rental yield
12.31%
Implied cap rate
8.00%
Trend-extrapolated value

Frequently asked questions

When did 2040 Highway 42 last sell?
2040 Highway 42 most recently sold on May 10, 2022 for $290,000.
What is the current tax assessment for 2040 Highway 42?
The most recent total assessment for 2040 Highway 42 (year 2025) is $290,000 with $3,195 in property tax.
How does 2040 Highway 42's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $290,000.
When was 2040 Highway 42 built?
2040 Highway 42 was built in 1964.
How does 2040 Highway 42 compare to others on Highway 42?
We track 8 other properties on Highway 42. Browse the list under "Other properties on Highway 42" to compare beds, baths, and sale history.
What are the property facts for 2040 Highway 42?
2040 Highway 42 is a 2 bed, 2 bath, 1,984 sqft, 270,943 sqft lot single_family.
Is 2040 Highway 42 a flip candidate?
Yes — 2040 Highway 42 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2040 Highway 42 a tax-appeal candidate?
No — 2040 Highway 42 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.7%
2026 Q3
$177.7K
2026 Q4
$177.7K
ZIP 40006 — Median Price History + Forecast

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