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2403 Mercer Ave, Louisville, KY, 40216

3beds
1baths
1,032sqft
$223,000
$216price/sqft
$1,531/moest. monthly cost
$61,240/yrincome needed

About This Home

What a breath of fresh air! This recently remodeled home has all the features of a bright and fresh space. New light wood LVP flooring throught. Off white walls. New lighting! Ready for a personal touch! Enter into the expansive family room, with windows across the front and a fireplace as the focal point of the room. To the left through the hallway are two bedrooms, with nice size closets. A full bathroom with tile surround, and new floor tile, vanity and lights compliment the space. As you pass further down the hallway, the laundry room and water heater is enclosed behind an attractive barn door. Then, enter the kitchen. The kitchen is very large, with plenty of space for an eat-in table. The cabinets have been attractively painted a light blue-gray. Cabinets are plentiful and include a lazy susan storage cabinet and a tall cabinet for pantry items. Kitchen comes with a new gas range and dishwasher. The refrigerator space has been framed and also has several floating shelves along the wall. Terrific kitchen! The large Primary Bedroom is off the kitchen, in a split design from the other bedrooms. The closet has some built in aspects for maximum storage. The kitchen door leads to a "breezeway" between the house and the garage. It is a great space to hang out, throw open the sliding door to the deck, and have a BBQ! The garage is attached to the breezeway by a door, but also accessible through the front garage door. This is a home worth seeing for yourself! Make your appointment today!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

3/10
1/10
Western High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Wood Frame,Aluminum Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,032

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,032
  • Total interior livable area: 1,032 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Other

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 25101405190000

Features

  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Partial,Chain Link

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot,Cleared
  • Lot size dimensions: 100 x 130

Parking

  • Total spaces: 1
  • Parking features: Attached,Entry Front
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Heat Wave
Winter Weather

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 $1,127$13,524
Home Insurance *$147$1,764
Property Taxes $103$1,236
Electricity $154$1,850
Total$1,531$18,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,491/yr
40% on housing$45,930/yr
45% on housing$40,826/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 40216$108
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40216$140
Jefferson County$160

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
2026-06-24Price change$223,000
2026-05-14Listed for sale$225,000
2026-01-12Sold$145,000
2025-12-10Contingent$175,000
2025-12-04Price change$175,000
2025-11-23Listed for sale$185,000
2025-11-17Contingent$185,000
2025-11-12Listed for sale$185,000

For Sale by Agent

AgentAnne W Mc Afee
BrokerageHousing Associates

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