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275 S Limestone St #310, Lexington, KY, 40509

1beds
1baths
1,170sqft
$322,000
$275price/sqft
$2,227/moest. monthly cost
$89,080/yrincome needed

About This Home

Welcome to historic Kimball Square, located at 275 South Limestone between downtown Lexington & the University of Kentucky. Across the street from UK Good Samaritan Hospital. This stylish one-bedroom, one-bath condo offers over 1100 square feet of open concept living,featuring beautiful hardwood floors and abundant natural light. The building is secure and has an elevator that takes you up to this 3rd floor unit. The unit comes with a detached one car garage. This condo is located in a very walkable neighborhood and could be a good investment opportunity. The property has been consistently rented for over passed 10 years and currently rents for $1600/month. Enjoy the vibrant city life with dining, shopping, and entertainment just steps from your front door. Don't miss the opportunity to experience downtown living at its finest!

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
87
BikeVery Bikeable

Schools

5/10
5/10
Lexington Middle SchoolGrades 6-80.7 mi
10/10
Lafayette High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Brick Veneer

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Oven
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom1

  • Level: First

Bedrooms & Bathrooms

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

Features

  • Entrance Foyer,Elevator,Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,170

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,170
  • Total interior livable area: 1,170 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 38208590

Features

  • Levels: One

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Winter Weather
Earthquake
Hail
Ice Storm
Lightning
Strong Wind

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 $1,628$19,536
Home Insurance *$116$1,392
Property Taxes $329$3,948
Electricity $154$1,850
Total$2,227$26,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,354/yr
40% on housing$66,810/yr
45% on housing$59,386/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 40509$194
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40509$195
Fayette County$186

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)

Price History

DateEventPrice
2026-08-04Price change$312,000
2026-07-03Listed for sale$322,000
2025-06-24Listing removed$1,600
2025-06-18Listed for rent$1,600
2013-03-14Sold$111,000

For Sale by Agent

AgentThomas S McCallie
BrokerageMcCallie Real Estate

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