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1645 Liberty Rd, Lexington, KY, 40505

6beds
3baths
2,470sqft
$314,900
$127price/sqft
$2,279/moest. monthly cost
$91,160/yrincome needed

About This Home

Opportunities like this don't come around often! This beautifully updated home offers an incredible amount of flexible living space, making it perfect for large families, multi-generational living, or anyone looking for room to grow. The main level features three bedrooms, a full bathroom, a spacious living area and Kitchen. Upstairs, you'll find a huge loft that can easily become a second living room, home office, playroom, gym, hobby space, or anything your lifestyle needs. The finished basement adds even more versatility with two bedrooms, a full bathroom, an additional bonus room, and two separate entrances, including its own private exterior entrance, creating endless possibilities for guests, extended family, or a private workspace. The true highlight of this property is the detached one-bedroom apartment complete with its own kitchen and full bathroom. Whether you're looking for a mother-in-law suite, private guest quarters, or additional living space, the possibilities are endless. Outside, enjoy a spacious backyard with plenty of room to entertain, relax, or garden, plus a storage shed for all your outdoor equipment. Conveniently located just minutes from Downtown Lexington, the University of Kentucky, shopping, restaurants, parks, schools, and with quick access to New Circle Road, Keeneland Race Course, the Kentucky Horse Park, and major highways including I-64 and I-75, this home combines space, flexibility, and an unbeatable location. Don't miss your chance to own a property that truly stands out from the rest!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
Yates Elementary SchoolGrades PK-51.0 mi
4/10
Crawford Middle SchoolGrades 6-82.0 mi
7/10

Construction

Condition

  • Year built: 1947

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Range
  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Full,Interior Entry,Sump Pump,Walk-Out Access,Walk-Up Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 950
  • Finished area above ground: 1,520

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,470
  • Total interior livable area: 2,470 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 44970100

Features

  • Levels: Three Or More
  • Fencing: Chain Link

Lot

  • Lot size: 7,013 sqft

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes

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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
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 $1,592$19,104
Home Insurance *$168$2,016
Property Taxes $324$3,888
Electricity $195$2,340
Total$2,279$27,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,137/yr
40% on housing$68,370/yr
45% on housing$60,773/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

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 40505$158
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40505$170
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)

No zestimate history available

Price History

DateEventPrice
2026-07-26Price change$314,900
2026-07-05Listed for sale$325,000
2026-03-30Sold$69,800
2010-04-20Sold$62,000
2010-01-30Price change$86,100
2009-12-25Price change$91,100
2009-12-10Listed for sale$94,900
2009-11-12Sold$76,767
2006-09-08Sold$116,000

For Sale by Agent

AgentDalis Alvarez
BrokerageGSP Homes

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