1048 Ace Dr, Berea, KY 40403 Property Records

Madison County property record for 1048 Ace Dr, Berea, KY 40403

Property Summary

Property Type	Professional Building (Legal, Insurance, Real Estate, Business)
Details	4,640 sqft
Lot Size	0.68 acres (29,621 sqft)
Owner	2 Individual Names on File
Last Sale	$450,000 (Jul 2013)
Tax Bill	$5,793 (2025)
Deeds & Mortgages	Dec 2025 Line of Credit Jul 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`0060-0000-0057-1`

Property Details

APN / Parcel Number

Primary APN	`0060-0000-0057-1`
Alternative APNs	`125876` `88802` `55474`

Interior

Stories	1 Story
Building Area	4,640 sqft Total Area
Office	4,640 sqft

Exterior

Exterior Material	Brick Veneer
Construction Type	Frame
Foundation Type	Slab (Mat/Raft)
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	29,621 sqft (0.68 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air
Heating Fuel	Electric

Location & Zoning

Account Number	55474
Street Address	1048 ACE DR
City	BEREA
State	KY
Zip	40403-2042
Property Category	Commercial
Property Type	Commercial > Office > Professional Building (Legal, Insurance, Real Estate, Business)
Legal Description	FOUNTAIN PROFESSIONAL PARK LOT 1
Legal Subdivision	FOUNTAIN PROFESSIONAL
Legal Lot Number	1
Jurisdiction	MADISON KY
Township / Civil Division	BEREA
Census Block Group	1
Census Block	1004
Census Tract	11201

Owner

Source: Madison County assessment roll, as of April 1, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	1048 ACE DR, BEREA, KY 40403-2042
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Dec 16, 2025	Deed of Trust, Mortgage · Line of Credit CITIZENS GUARANTY BANK
Jul 14, 2021	Deed of Trust, Mortgage · Commercial Mortgage CITIZENS GUARANTY BANK
Feb 19, 2021	Deed of Trust, Mortgage · Commercial Mortgage CITIZENS GUARANTY BANK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 29, 2013 · Amount on Record
Deed Sale	Jul 29, 2013 · Amount on Record
Deed Document Number	0000069417
Deed Book / Page	D0593 / 197
Prior Transfer Date	Jul 25, 2005
Prior Transfer Doc	349780
Record Updated	Jun 8, 2026

December 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON KY
Property Address	1048 ACE DR, BEREA, KY 40403-2042
Transaction Type	Mortgage
Record Updated	Jan 5, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	200 HERNDON LN, BEREA, KY 40403-9785

Mortgage

Document Number	0M2431/617
Date	Dec 16, 2025
Book Page	M2431/617
Instrument	2014305762

Lender

Name	CITIZENS GUARANTY BANK
Type	Bank
Address	BEREA, KY 40403

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	36 Months
Due	Dec 11, 2028

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON KY
Property Address	1048 ACE DR, BEREA, KY 40403-2042
Transaction Type	Mortgage
Record Updated	Aug 2, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	200 HERNDON LN, BEREA, KY 40403-9785

Mortgage

Document Number	M2072/576
Date	Jul 14, 2021
Book Page	M2072/576
Instrument	2014044517

Lender

Name	CITIZENS GUARANTY BANK
Type	Bank
Address	BEREA, KY 40403

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Jul 13, 2036

Interest

Rate Type	Adjustable Rate

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON KY
Property Address	1048 ACE DR, BEREA, KY 40403-2042
Transaction Type	Mortgage
Record Updated	Mar 10, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	M2023/33
Date	Feb 19, 2021
Book Page	M2023/33
Instrument	2014029567

Lender

Name	CITIZENS GUARANTY BANK
Type	Bank
Address	RICHMOND, KY 40476

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Feb 11, 2036

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Madison County assessment roll, as of April 1, 2025

Property Jurisdictions

Type	Name
State	Kentucky
Municipality	Berea City
County	Madison County
Unified School District	Berea Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,793.00 (-1.58%) Additional exemption filed	$486,000 (+8%)	$486,000 (+8%)
2023	$5,886.00	$450,000	$450,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 21, 2017

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 63% of Kentucky
Wildfire Likelihood	0.02% annual chance
Exposure	None beyond ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	BEREA MUNICIPAL UTILITIES private · serves 9,972 people · EPA ID KY0760030
Water Source	Surface water
Last State Inspection	May 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 26 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000

May also be available: Metronet Holdings, Uniti Group, Verizon.

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