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344 Madison Pl, Lexington, KY, 40508

5beds
3baths
2,942sqft
$799,000
$272price/sqft
$5,898/moest. monthly cost
$235,920/yrincome needed

About This Home

Historic Charm Meets Modern Living in the Heart of Downtown Lexington! Welcome to the Hall Pettit Headley House—a rare opportunity to own a piece of Lexington history in one of the city's most sought-after locations. Situated directly across from the iconic Botherum property, this beautifully maintained home blends rich character with thoughtful updates throughout. From the intricate millwork in the formal dining room to the private wraparound porch and spacious deck, every detail invites relaxation and entertaining. The lush backyard offers a serene escape and hot tub, while inside, you'll find a chef-friendly kitchen with gas range and breakfast bar, two soaking tubs, two walk-in showers, and multiple fireplaces adding warmth and elegance to the living spaces. Enjoy city views and starry nights from the third-floor retreat, complete with skylights and a walk-in closet that also makes a great fifth bedroom. An unbeatable location within walking distance to the Central Bank Arena, local dining, and entertainment this home is truly a downtown gem. Charge your vehicle with the electric charger. Currently used as an airbnb!

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

5/10
5/10
10/10
Lafayette High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Refrigerator
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Sump Pump,Unfinished

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Third

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Entrance Foyer,Walk-In Closet(s)
  • Window features: Skylight(s),Window Treatments
  • Flooring: Hardwood,Slate,Tile,Parquet
  • Number of fireplaces: 9
  • Fireplace features: Dining Room,Gas Log,Masonry,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,942

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Zoned
  • Cooling features: Electric,Heat Pump,Zoned

Interior Area

  • Total structure area: 2,942
  • Total interior livable area: 2,942 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 12780100

Features

  • Levels: Three Or More
  • Exterior features: Other
  • Fencing: Privacy
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,840 sqft

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 WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
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 $4,040$48,480
Home Insurance *$789$9,468
Property Taxes $837$10,044
Electricity $232$2,788
Total$5,898$70,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$202,217/yr
40% on housing$176,940/yr
45% on housing$157,280/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

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 40508$138
Fayette County$245

vs Homes Sold Last Month

Median $/sqft

ZIP 40508$135
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
2026-04-21Listed for sale$799,000
2026-04-07Listing removed$799,000
2025-11-06Listed for sale$799,000
2025-10-31Listing removed$799,000
2025-08-27Price change$799,000
2025-06-29Price change$814,900
2025-04-30Listed for sale$850,000
2022-09-01Sold$550,000
2022-08-25Pending sale$579,500
2022-08-18Contingent$579,500
2022-08-18Listed for sale$579,500
2020-09-29Listing removed$2,175
2020-09-21Price change$2,175
2020-08-21Listed for rent$2,350
2020-08-21Listing removed$448,640
2020-06-24Price change$448,640
2020-06-03Price change$467,333
2020-05-02Listed for sale$485,000
2009-10-17Listing removed$425,000
2009-05-16Price change$425,000
2009-02-22Listed for sale$432,900

For Sale by Agent

AgentCynthia Trgo
BrokerageDiamond Real Estate Group, Inc

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