2059 Rainbow Rd, Lexington, KY 40503 Property Records

Lexington-Fayette Urban County property record for 2059 Rainbow Rd, Lexington, KY 40503 · Last verified November 2025

Property Summary

Property Type	Single Family Home
Details	1 ba · 1,486 sqft · built 1954
Lot Size	0.242 acres (10,550 sqft)
Owner	2 Individual Names on File
Last Sale	$82,912 (Nov 1996)
Tax Bill	$2,440 (2025)
Deeds & Mortgages	May 2020 Mortgage
APN	`23594100`

Property Details

APN / Parcel Number

Primary APN	`23594100`

Interior

Full Baths	1 Bath
Plumbing Fixtures	6 Plumbing Fixtures
Stories	2 Stories
Building Area	1,486 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1954
Exterior Material	Brick
Lot Area	10,550 sqft (0.242 acres)
Lot Width	63 ft Width
Garage Type	Detached
Garage Area	792 sqft
Parking Spaces	3 Parking Spaces
Patio Area	60 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	2059 RAINBOW RD
City	LEXINGTON
State	KY
Zip	40503-2431
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 66; BOOK: 1885 PAGE: 646
Legal Lot Number	66
Jurisdiction	FAYETTE KY
Township / Civil Division	LEXINGTON-FAYETTE CENTRAL
Census Block Group	2
Census Block	2007
Census Tract	2800

Owner

Source: Lexington-Fayette Urban County records · APN 23594100

Assessment roll updated April 1, 2025 · Last verified November 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	2059 RAINBOW RD, LEXINGTON, KY 40503-2431
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Nov 27, 1996 · Amount on Record
Deed Sale	Nov 27, 1996 · Amount on Record
Deed Document Number	0001885646
Record Updated	Jun 08, 2026

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FAYETTE KY
Property Address	2059 RAINBOW RD, LEXINGTON, KY 40503-2431
Transaction Type	Mortgage
Record Updated	Feb 05, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	9618/269
Date	May 20, 2020
Book Page	9618/269

Lender

Name	GUARDIAN SAV BK FSB

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Lexington-Fayette Urban County records · Assessment roll updated April 1, 2025 · Last verified November 2025

Property Jurisdictions

Type	Name
State	Kentucky
County / Municipality	Lexington-Fayette Urban County
Unified School District	Fayette County School District (PK - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,440.00 (+38.17%) Homeowner's exemption	$247,900 (+30.27%)	$247,900 (+30.27%)
2023	$1,766.00 Homeowner's exemption	$190,300	$190,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · FEMA OpenFEMA NFIP redacted claims and policies, census block group 210670028002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	FEMA flood map data for this location is not available in our records
Flood Insurance Cost	Premium on Record median of 4 individual NFIP policies nearby
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	4 in force 4 of 4 on primary residences
Nearby Flood Claims	18 (1978–2010)
Claims Outside the SFHA	17 of 18
Most Recent Claim	May 2010, other causes, Severe Storms, Flooding, Mudslides, And Tornadoes
Flood Events	Severe Storms, Tornadoes, Flooding, And Mudslides (May 2004), 2 claims

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.