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545 Phelps Rd

Richmond, KY 40475

3 bd 2 ba 1,229 sqft Built 1996 Lot 74,052 sqft single_family
Most recent sale
$195,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $195,000 MLS #22007274
Apr 15, 2022 Listed $180,000 MLS #22007274
Apr 10, 2020 Sold $144,000 MLS #20004038
Feb 26, 2020 Listed $145,000 MLS #20004038
Jan 23, 2019 Listing removed $129,900 ImagineMLS
Oct 25, 2018 Sold $125,000 MLS #1812745
Oct 17, 2018 Listing removed $162,900 ImagineMLS
Sep 14, 2018 Sold $125,000 Public Record
Jul 10, 2018 Price changed $139,900 MLS #1812745
Jun 18, 2018 Price changed $149,900 ImagineMLS
Jun 17, 2018 Price changed $149,900 MLS #1812745
Jun 7, 2018 Listed $162,900 MLS #1812745
May 30, 2018 Listing removed $162,900 ImagineMLS
May 27, 2018 Price changed $162,900 MLS #1809627
May 19, 2018 Price changed $169,900 MLS #1809627
May 6, 2018 Listed $174,900 MLS #1809627
Apr 5, 2016 Sold $83,000 Public Record
Mar 31, 2016 Sold $83,000 ImagineMLS
Feb 6, 2016 Listing removed $89,500 MadisonCounty
Nov 23, 2015 Relisted $89,500 MLS #51870
Oct 23, 2015 Listing removed $89,500 MadisonCounty
Oct 2, 2015 Relisted $89,500 MLS #51870
Oct 1, 2015 Listing removed $89,500 MadisonCounty
Sep 30, 2015 Listing removed $89,500 ImagineMLS
Sep 23, 2015 Price changed $89,500 MLS #1506134
Jul 7, 2015 Price changed $94,000 MLS #1506134
Apr 27, 2015 Price changed $99,000 MLS #1506134
Mar 31, 2015 Listed $115,000 MLS #1506134

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,000 $1,838
2023 $195,000 $1,891
2022 $195,000 $1,401
2021 $144,000 $1,427
2020 $125,000 $1,264
2019 $125,000 $1,270
2018 $83,000 $843
2017 $83,000 $834
2016 $65,000 $648
2015 $65,000 $65,000 $645
2014 $90,000 $878
2012 $90,000 $35,000 $125,000 $957
2010 $90,000 $10,000 $100,000 $937

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,229 sqft
Lot size
74,052 sqft
ZIP code
40475
City
Richmond
Street
Phelps Rd
Coordinates
37.87571, -84.23462

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
$1,844
Gross rental yield
11.35%
Implied cap rate
7.38%
Trend-extrapolated value

Frequently asked questions

When did 545 Phelps Rd last sell?
545 Phelps Rd most recently sold on May 20, 2022 for $195,000.
What is the current tax assessment for 545 Phelps Rd?
The most recent total assessment for 545 Phelps Rd (year 2025) is $195,000 with $1,838 in property tax.
How does 545 Phelps Rd's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $195,000.
When was 545 Phelps Rd built?
545 Phelps Rd was built in 1996.
How does 545 Phelps Rd compare to others on Phelps Rd?
We track 7 other properties on Phelps Rd. Browse the list under "Other properties on Phelps Rd" to compare beds, baths, and sale history.
What are the property facts for 545 Phelps Rd?
545 Phelps Rd is a 3 bed, 2 bath, 1,229 sqft, 74,052 sqft lot single_family.
Is 545 Phelps Rd a flip candidate?
No — 545 Phelps Rd does not appear in our flips dataset.
Is 545 Phelps Rd a tax-appeal candidate?
No — 545 Phelps 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
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$390.7K
2026 Q4
$399.6K
ZIP 40475 — Median Price History + Forecast

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