240 Fairgrounds Dr, Lexington, KY 40516 Property Records

Lexington-Fayette Urban County property record for 240 Fairgrounds Dr, Lexington, KY 40516

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,426 sqft · built 2008
Lot Size	0.11 acres (4,800 sqft)
Owner	Individual Name on Record
Last Sale	$275,000 (May 2025)
Tax Bill	$3,464 (2026)
Deeds & Mortgages	Apr 2021 Mortgage Apr 2021 Sale
APN	`38164740`

Property Details

APN / Parcel Number

Primary APN	`38164740`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,426 sqft Living Area

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Exterior Material	Brick/Stone
Construction Type	Frame
Lot Area	4,800 sqft (0.11 acres)
Lot Width	40 ft Width
Garage Type	Attached
Garage Area	320 sqft
Parking Spaces	1 Parking Space
Patio Area	120 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Electric

Location & Zoning

Street Address	240 FAIRGROUNDS DR
City	LEXINGTON
State	KY
Zip	40516-9690
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1E
Legal Description	M-670 NORTH POINTE UNIT 5 SECTION 3 LOT 3; BOOK: 3835 PAGE: 623
Legal Subdivision	NORTH POINTE
Legal Lot Number	3
Legal Unit	5
Jurisdiction	FAYETTE KY
Township / Civil Division	LEXINGTON-FAYETTE NORTHEAST
Census Block Group	2
Census Block	2006
Census Tract	3917

Owner

Source: Lexington-Fayette Urban County records, as of October 20, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	240 FAIRGROUNDS DR, LEXINGTON, KY 40516-9690
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Remainderman

Deeds, Mortgages & Sale History

Date	Document
Apr 19, 2021	Deed of Trust, Mortgage · Stand-Alone First Mortgage KENTUCKY HOUSING CORP
Apr 19, 2021	Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 1, 2025 · Amount on Record
Deed Sale	May 1, 2025 · Amount on Record
Prior Sale	May 1, 2025 · Amount on Record
Deed Document Number	2025142
Deed Book / Page	4128 / 538
Record Updated	Oct 29, 2026

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FAYETTE KY
Property Address	240 FAIRGROUNDS DR, LEXINGTON, KY 40516-9690
Transaction Type	Mortgage
Record Updated	Jan 19, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000033/597
Date	Apr 19, 2021
Book Page	0033/597

Lender

Name	KENTUCKY HOUSING CORP

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

April 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	FAYETTE KY
Recording Date	Apr 19, 2021
Property Address	240 FAIRGROUNDS DR, LEXINGTON, KY 40516-9690
Document Number	003835/623
Book / Page	3835 / 623
Transaction Type	Transfer
Record Updated	Aug 9, 2022

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Tax Assessment & Valuation

Source: Lexington-Fayette Urban County assessment roll, as of November 11, 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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,464.00 (+49.83%)	$275,000 (+47.06%)	$275,000 (+47.06%)
2025	$2,312.00	$187,000 (-)	$187,000 (-)
2023	$2,312.00	$187,000	$187,000

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force
Nearby Flood Claims	3 (2010–2015)
Claims Outside the SFHA	1 of 3
Most Recent Claim	Apr 2015 · other causes

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.

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	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Water System	KENTUCKY-AMERICAN WATER CO private · serves 669,042 people · EPA ID KY0340250
Water Source	Surface water
Last State Inspection	Jun 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 513 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: Windstream.

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