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225 Locust Park Pl

Louisville, KY 40245

4 bd 3 ba 2,529 sqft Built 2022 single_family
Most recent sale
$80,000
May 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2023 Sold $505,000 Louisville
Mar 30, 2023 Price changed $515,000 Louisville
Mar 20, 2023 Listed $525,000 Louisville
Sep 19, 2022 Price changed $550,000 MLS #1607537
Aug 17, 2022 Price changed $575,000 MLS #1607537
Mar 15, 2022 Listed $580,000 MLS #1607537
Mar 14, 2022 Price changed $580,000 MLS #1593106
Aug 6, 2021 Listed $550,000 MLS #1593106
May 21, 2021 Price changed $550,000 MLS #1568800
May 6, 2021 Sold $80,000 Public Record
Sep 10, 2020 Listed $500,000 MLS #1568800
Feb 6, 2020 Sold $83,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $421,500 $83,500 $505,000 $5,635
2024 $421,500 $83,500 $505,000 $5,746
2023 $392,350 $83,500 $475,850 $5,510
2022 $95,700 $80,000 $175,700 $2,041
2021 $83,500 $83,500 $1,034
2020 $57,000 $57,000 $656
2019 $57,000 $57,000 $643
2018 $57,000 $57,000 $610

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,529 sqft
Lot size
ZIP code
40245
City
Louisville
Street
Locust Park Pl
Coordinates
38.23747, -85.43005

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 225 Locust Park Pl last sell?
225 Locust Park Pl most recently sold on May 6, 2021 for $80,000.
What is the current tax assessment for 225 Locust Park Pl?
The most recent total assessment for 225 Locust Park Pl (year 2025) is $505,000 with $5,635 in property tax.
How does 225 Locust Park Pl's assessment compare to its last sale price?
The current assessment is 531.3% above the last sale price of $80,000.
When was 225 Locust Park Pl built?
225 Locust Park Pl was built in 2022.
How does 225 Locust Park Pl compare to others on Locust Park Pl?
We track 8 other properties on Locust Park Pl. Browse the list under "Other properties on Locust Park Pl" to compare beds, baths, and sale history.
What are the property facts for 225 Locust Park Pl?
225 Locust Park Pl is a 4 bed, 3 bath, 2,529 sqft single_family.
Is 225 Locust Park Pl a flip candidate?
No — 225 Locust Park Pl does not appear in our flips dataset.
Is 225 Locust Park Pl a tax-appeal candidate?
No — 225 Locust Park Pl 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
+0.6%
Implied 1-yr
+2.5%
2026 Q3
$457.9K
2026 Q4
$460.7K
ZIP 40245 — Median Price History + Forecast

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