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323 W Kentucky Ave, Richmond, KY, 40475

2beds
1baths
911sqft
$138,000
$151price/sqft
$968/moest. monthly cost
$38,720/yrincome needed

About This Home

Home is ready for new owners! Are you looking for a large, fenced yard for your animals or family? Enjoy your summer nights under the covered, front porch and all kitchen appliances stay with this home. If you need extra storage space, there is space off the laundry room and in the newer storage building with multiple shelves. Conveniently located to downtown, restaurants, and the interstate. Schedule your private showing today!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

6/10
8/10
Madison Middle SchoolGrades 6-81.0 mi
7/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Refrigerator,Cooktop,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Ceiling Fan(s)
  • Window features: Insulated Windows
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 911

Heating & Cooling

  • Heating features: Natural Gas,Other
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 911
  • Total interior livable area: 911 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Utility Room

  • Level: First

Property

Details

  • Parcel number: R00500020004

Features

  • Levels: One
  • Fencing: Chain Link

Lot

  • Lot size: 9,718 sqft
  • Features: Few Trees

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Tornado

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $697$8,364
Home Insurance *$68$816
Property Taxes $49$588
Electricity $154$1,850
Total$968$11,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,188/yr
40% on housing$29,040/yr
45% on housing$25,813/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 40475$167
Madison County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 40475$175
Madison County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-12Price change$138,000
2026-06-18Listed for sale$140,000
2010-08-16Sold$30,000

For Sale by Agent

AgentMichelle Dietzel
BrokerageRE/MAX Elite Lexington

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