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550 5th St

Louisville, KY 40202

1 bd 2 ba 1,332 sqft Built 1922 condos
Most recent sale
$215,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $215,000 Public Record
Jun 13, 2022 Sold $215,000 Louisville
Apr 26, 2022 Relisted $230,000 MLS #1606988
Mar 7, 2022 Listed $230,000 MLS #1606988
Dec 16, 2021 Listed $245,000 MLS #1602700
Jan 23, 2015 Sold $195,000 Public Record
Jan 16, 2015 Sold $195,000 Louisville
Sep 5, 2014 Listed $209,000 MLS #1400237
Apr 20, 2005 Sold $176,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,000 $215,000 $2,897
2024 $215,000 $215,000 $2,939
2023 $215,000 $215,000 $3,063
2022 $195,000 $195,000 $2,814
2021 $195,000 $195,000 $2,971
2020 $195,000 $195,000 $2,824
2019 $195,000 $195,000 $2,761
2018 $195,000 $195,000 $2,727
2017 $195,000 $195,000 $2,686
2016 $195,000 $195,000 $2,696
2015 $150,000 $150,000 $2,078
2014 $150,000 $150,000 $2,097
2013 $150,000 $150,000 $2,097
2012 $175,900 $175,900 $2,442
2011 $175,900 $175,900 $2,402
2010 $175,900 $2,400
2009 $51,040 $2,347

Property facts

Year built
1922
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
1,332 sqft
Lot size
ZIP code
40202
City
Louisville
Street
5th St
Coordinates
38.24967, -85.75982

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
$1,998
Gross rental yield
11.15%
Implied cap rate
7.25%
Trend-extrapolated value

Frequently asked questions

When did 550 5th St last sell?
550 5th St most recently sold on Jun 14, 2022 for $215,000.
What is the current tax assessment for 550 5th St?
The most recent total assessment for 550 5th St (year 2025) is $215,000 with $2,897 in property tax.
How does 550 5th St's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $215,000.
When was 550 5th St built?
550 5th St was built in 1922.
How does 550 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 550 5th St?
550 5th St is a 1 bed, 2 bath, 1,332 sqft condos.
Is 550 5th St a flip candidate?
No — 550 5th St does not appear in our flips dataset.
Is 550 5th St a tax-appeal candidate?
No — 550 5th St 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
-2.3%
Implied 1-yr
-9.1%
2026 Q2
$324.9K
2026 Q3
$316.2K
ZIP 40202 — Median Price History + Forecast

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