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2503 Meadow Road

2503 Meadow Road, Louisville, KY 40205
Property in Seneca Gardens
Sold Sep 22, 2014
$422,900
$250,000 by First Capital Bank Of Kentucky
Mortgage Due Oct 01, 2045
Sold Mar 05, 2010
$295,000
$289,656 by Commonwealth Bank & Trust
Mortgage Due Apr 01, 2040
2503 Meadow Road has been categorized by the local assessors in Louisville, KY as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2503 Meadow Road has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,008 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 5,170 ft and across the front of the lot is 11,560 ft. The area measurement of the land has been determined as 7,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A- by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 19, 2014 for $422,900. That's $209.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 4, 2010 for $295,000. 2503 Meadow Road was last assessed in 2023. The total value of the property was assessed at $456,690. Specifically, the land the property is located on was valued at $63,000. While improvements on the property were assessed at a total of $393,690. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,558. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A-
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,008
  • Garage Type: Detached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 7,148
  • Lot Size Depth Feet: 5,170
  • Lot Size Frontage Feet: 11,560
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROADMEADE SUB
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 204 BROADMEADE SUBDIVISION, SEC 3, DB 1156 X 517, 0.1641 AC +/-

Ownership

  • Current Owner : SCHMIDT KARA MURPHY
  • Current Owner 2: MURPHY JAMES P
  • Previous Owner : WOLCZYK JONATHAN M
  • Previous Owner 2: WOLCZYK REBECCA A
  • Owner Before Previous Owner: FETZER BETTY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 008800

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00105346
  • District: 174023
  • Section: 3
  • Parcel: 22044300110204
  • Lot: 204
  • Municipality: LOUISVILLE
  • Latitude: 38.2268
  • Longitude: -85.6787

    Address

  • Full Address: 2503 Meadow Rd
  • Address - House Number: 2503
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C090
  • 4-Digit Zip Code: 2219
  • Zip Code: 40205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,558
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 606,848
  • High Value: 736,229
  • Low Value: 477,467

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FIRST CAPITAL BANK OF KENTUCKY
  • First Open Lien Mortgage Recording Date: Sep 17, 2015
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 28, 2020
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Feb 25, 2050

    Market Valuation

  • Market Total Value: $456,690
  • Market Land Value: $63,000
  • Market Improvement Value: $393,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,690
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $393,690

    Sales

  • Current Sale Contract Date: Sep 19, 2014
  • Current Sale Recording Date: Sep 22, 2014
  • Current Sale Transaction ID: 1181155722
  • Current Sale Price: $422,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2014121874
  • Previous Sale Recording Date: Mar 05, 2010
  • Previous Sale Contract Date: Mar 04, 2010
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CAPITAL BANK OF KY
  • First Mortgage Transaction Date: Sep 22, 2014
  • First Mortgage Loan Amount: $253,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COMMONWEALTH BANK & TRUST
  • Previous Mortgage Transaction Date: Mar 05, 2010
  • Previous Mortgage Loan Amount: $289,656
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About East Louisville



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Frequently Asked Questions

What neighborhood is 2503 Meadow Road located in?
The 2503 Meadow Road is a located in the neighborhood of Seneca Gardens in East Louisville, Louisville.
What is the average sales price for listings in 2503 Meadow Road?
The average sales price for units in 2503 Meadow Road is $0 currently.

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