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5603 Elmer Ln

Louisville, KY 40214

4 bd 2 ba 1,790 sqft Built 1967 Lot 15,072 sqft single_family
Most recent sale
$224,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $224,000 Public Record
Aug 24, 2022 Sold $224,000 Louisville
Jul 17, 2022 Price changed $225,000 MLS #1616836
Jul 7, 2022 Listed $234,900 MLS #1616836
Oct 1, 2018 Sold $157,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,480 $13,320 $273,800 $2,850
2024 $260,480 $13,320 $273,800 $2,385
2023 $219,500 $4,500 $224,000 $2,459
2022 $172,590 $4,500 $177,090 $1,951
2021 $172,590 $4,500 $177,090 $2,105
2020 $148,000 $9,000 $157,000 $1,738
2019 $148,000 $9,000 $157,000 $1,702
2018 $111,320 $9,000 $120,320 $1,288
2017 $111,320 $9,000 $120,320 $1,263
2016 $105,730 $22,000 $127,730 $1,347
2015 $105,730 $22,000 $127,730 $1,351
2014 $105,730 $22,000 $127,730 $1,351
2013 $105,730 $22,000 $127,730 $1,351
2012 $105,730 $22,000 $127,730 $1,338
2011 $105,730 $22,000 $127,730 $1,309
2010 $127,730 $1,307
2009 $127,730 $1,269

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,790 sqft
Lot size
15,072 sqft
ZIP code
40214
City
Louisville
Street
Elmer Ln
Coordinates
38.14044, -85.76944

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,685
Gross rental yield
14.38%
Implied cap rate
9.35%
Trend-extrapolated value

Frequently asked questions

When did 5603 Elmer Ln last sell?
5603 Elmer Ln most recently sold on Aug 25, 2022 for $224,000.
What is the current tax assessment for 5603 Elmer Ln?
The most recent total assessment for 5603 Elmer Ln (year 2025) is $273,800 with $2,850 in property tax.
How does 5603 Elmer Ln's assessment compare to its last sale price?
The current assessment is 22.2% above the last sale price of $224,000.
When was 5603 Elmer Ln built?
5603 Elmer Ln was built in 1967.
How does 5603 Elmer Ln compare to others on Elmer Ln?
We track 8 other properties on Elmer Ln. Browse the list under "Other properties on Elmer Ln" to compare beds, baths, and sale history.
What are the property facts for 5603 Elmer Ln?
5603 Elmer Ln is a 4 bed, 2 bath, 1,790 sqft, 15,072 sqft lot single_family.
Is 5603 Elmer Ln a flip candidate?
No — 5603 Elmer Ln does not appear in our flips dataset.
Is 5603 Elmer Ln a tax-appeal candidate?
Yes — 5603 Elmer Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.7%
2026 Q3
$276.3K
2026 Q4
$285K
ZIP 40214 — Median Price History + Forecast

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