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503 Forest Park Rd

Louisville, KY 40223

2 bd 2 ba 1,130 sqft Built 1987 condos
Most recent sale
$210,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $210,000 Public Record
Aug 26, 2022 Listed $235,000 MLS #1620798
Sep 12, 2017 Sold $145,000 Public Record
Jun 29, 2017 Listed $145,900 MLS #1479621
Jun 21, 2017 Listed $146,900 MLS #1478827
Dec 9, 2005 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,000 $210,000 $2,343
2024 $210,000 $210,000 $2,389
2023 $210,000 $210,000 $2,431
2022 $163,850 $163,850 $1,903
2021 $145,000 $145,000 $1,819
2020 $145,000 $145,000 $1,670
2019 $145,000 $145,000 $1,637
2018 $145,000 $145,000 $1,617
2017 $116,390 $116,390 $1,222
2016 $116,390 $116,390 $1,227
2015 $124,000 $124,000 $1,311
2014 $124,000 $124,000 $1,311
2013 $124,000 $124,000 $1,311
2012 $124,000 $124,000 $1,299
2011 $124,000 $124,000 $1,270
2010 $124,000 $1,269
2009 $124,000 $1,232

Property facts

Year built
1987
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,130 sqft
Lot size
ZIP code
40223
City
Louisville
Street
Forest Park Rd
Coordinates
38.24830, -85.56201

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
$1,695
Gross rental yield
9.69%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 503 Forest Park Rd last sell?
503 Forest Park Rd most recently sold on Sep 27, 2022 for $210,000.
What is the current tax assessment for 503 Forest Park Rd?
The most recent total assessment for 503 Forest Park Rd (year 2025) is $210,000 with $2,343 in property tax.
How does 503 Forest Park Rd's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $210,000.
When was 503 Forest Park Rd built?
503 Forest Park Rd was built in 1987.
How does 503 Forest Park Rd compare to others on Forest Park Rd?
We track 8 other properties on Forest Park Rd. Browse the list under "Other properties on Forest Park Rd" to compare beds, baths, and sale history.
What are the property facts for 503 Forest Park Rd?
503 Forest Park Rd is a 2 bed, 2 bath, 1,130 sqft condos.
Is 503 Forest Park Rd a flip candidate?
No — 503 Forest Park Rd does not appear in our flips dataset.
Is 503 Forest Park Rd a tax-appeal candidate?
No — 503 Forest Park Rd 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
-2.5%
Implied 1-yr
-10.0%
2026 Q2
$444.3K
2026 Q3
$431.1K
ZIP 40223 — Median Price History + Forecast

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