321 S 3rd St, Richmond, KY 40475 Property Records

Madison County property record for 321 S 3rd St, Richmond, KY 40475

Property Summary

Property Type	Apartments (5+ Units)
Details	1,976 sqft
Owner	Company Name on Record
Last Sale	$710,000 (Oct 2024)
Tax Bill	$3,489 (2025)
Deeds & Mortgages	Oct 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`R006-0011-0014`

Property Details

APN / Parcel Number

Primary APN	`R006-0011-0014`
Alternative APNs	`113418` `76536` `76507`

Interior

Stories	2 Stories
Building Area	1,976 sqft Living Area

Exterior

Exterior Material	Aluminum/Vinyl
Total Buildings	2 Buildings

Location & Zoning

Account Number	76507
Street Address	321 S 3RD ST
City	RICHMOND
State	KY
Zip	40475-2790
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	COLLINS LOT 8 & PT OF 7
Legal Subdivision	COLLINS
Legal Lot Number	8
Jurisdiction	MADISON KY
Township / Civil Division	RICHMOND
Census Block Group	1
Census Block	1020
Census Tract	10400

Owner

Source: Madison County records, as of December 8, 2025

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

Owner of Record	Company Name on Record
Mailing Address	321 RICHMOND AVE, LEXINGTON, KY 40502-1437
Occupancy	Owner Occupied
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 14, 2024 · Amount on Record
Deed Sale	Oct 14, 2024 · Amount on Record
Prior Sale	Oct 3, 2023 · Amount on Record
Deed Document Number	2014226366
Deed Book / Page	D858 / 515
Record Updated	Jun 8, 2026

October 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON KY
Recording Date	Oct 3, 2023
Property Address	321 S 3RD ST, RICHMOND, KY 40475-2790
Document Number	00D844/288
Book / Page	D844 / 288
Map Reference	MB 1 PG 50
Instrument Date	Sep 29, 2023
Instrument	2014169969
Transaction Type	Transfer
Record Updated	Dec 11, 2023

Transaction

Amount	Amount Recorded
Tax	$1,350.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4346 SIMPSON LN, RICHMOND, KY 40475-9114

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	121 PROSPEROUS PL STE 6A, 6A, LEXINGTON, KY 40509-1828
Investor	Possibly a Property Investor

Mortgage

Document Number	2014169987
Date	Oct 3, 2023
Instrument	2014169987

Lender

Name	TRADITIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	119 Months
Due	Sep 20, 2033

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,489.00 (+73.41%) Additional exemption filed	$370,000 (+78.31%)	$370,000 (+78.31%)
2023	$2,012.00 (-0.3%)	$207,500 (-)	$207,500 (-)
2022	$2,018.00	$207,500	$207,500

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 21, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1989–2013)
Claims Outside the SFHA	1 of 3
Most Recent Claim	Aug 2013 · rainfall accumulation

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 97% of the US · lower than 97.3% of Kentucky
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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	RICHMOND UTILITIES serves 35,640 people · EPA ID KY0760370
Water Source	Surface water
Last State Inspection	Nov 2024
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line inventory Oct 2024
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 230 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
AT&T Fiber · Fixed Wireless	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20