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5513 Ripple Ln

Louisville, KY 40218

3 bd 1 ba 1,200 sqft Built 1958 Lot 6,970 sqft single_family
Most recent sale
$100,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Price changed for rent $1,395 TenantTurner
Oct 31, 2022 Price changed for rent $1,395 Zumper
Oct 4, 2022 Price changed for rent $1,495 Zumper
Sep 29, 2022 Listed for rent $1,525 Zumper
Sep 7, 2022 Price changed for rent $1,525 TenantTurner
Sep 3, 2022 Listed for rent $1,450 TenantTurner
Apr 26, 2022 Sold $100,000 Public Record
Apr 22, 2022 Listed $100,000 MLS #1610503
Apr 22, 2022 Sold $100,000 Louisville

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $153,370 $22,000 $175,370 $1,948
2024 $153,370 $22,000 $175,370 $1,421
2023 $85,000 $15,000 $100,000 $1,168
2022 $71,880 $15,000 $86,880 $1,018
2021 $52,450 $14,000 $66,450 $840
2020 $52,450 $14,000 $66,450 $782
2019 $52,450 $14,000 $66,450 $720
2018 $52,450 $14,000 $66,450 $711
2017 $52,450 $14,000 $66,450 $697
2016 $57,070 $13,000 $70,070 $738
2015 $57,070 $13,000 $70,070 $740
2014 $57,070 $13,000 $70,070 $741
2013 $57,070 $13,000 $70,070 $741
2012 $57,070 $13,000 $70,070 $733
2011 $57,070 $13,000 $70,070 $717
2010 $73,070 $747
2009 $73,070 $725

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,200 sqft
Lot size
6,970 sqft
ZIP code
40218
City
Louisville
Street
Ripple Ln
Coordinates
38.16948, -85.66999

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
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5513 Ripple Ln last sell?
5513 Ripple Ln most recently sold on Apr 26, 2022 for $100,000.
What is the current tax assessment for 5513 Ripple Ln?
The most recent total assessment for 5513 Ripple Ln (year 2025) is $175,370 with $1,948 in property tax.
How does 5513 Ripple Ln's assessment compare to its last sale price?
The current assessment is 75.4% above the last sale price of $100,000.
When was 5513 Ripple Ln built?
5513 Ripple Ln was built in 1958.
How does 5513 Ripple Ln compare to others on Ripple Ln?
We track 4 other properties on Ripple Ln. Browse the list under "Other properties on Ripple Ln" to compare beds, baths, and sale history.
What are the property facts for 5513 Ripple Ln?
5513 Ripple Ln is a 3 bed, 1 bath, 1,200 sqft, 6,970 sqft lot single_family.
Is 5513 Ripple Ln a flip candidate?
No — 5513 Ripple Ln does not appear in our flips dataset.
Is 5513 Ripple Ln a tax-appeal candidate?
Yes — 5513 Ripple 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$231.8K
2026 Q4
$235.7K
ZIP 40218 — Median Price History + Forecast

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