331 Wallace Ave, Frankfort, KY 40601 Property Records

Franklin County property record for 331 Wallace Ave, Frankfort, KY 40601

Property Summary

Property TypeSingle Family Home
Owner2 Company Names on File
Last Sale$58,000 (Apr 2019)
Deeds & MortgagesApr 2019 Sale & Mortgage
Flood ZoneZone X (reduced by levee)
APN061-43-07-010.00

Property Details

APN / Parcel Number

Primary APN061-43-07-010.00
Alternative APN
  • 64064

Interior

Stories1 Story

Exterior

Exterior MaterialBrick Veneer
Construction TypeFrame
Roof TypeGable
Roof MaterialComposition Shingle
TerrainRolling
View / LotFlood Plain/Flood Zone
DrivewayAsphalt Driveway

Utilities, Heating & Cooling

Heating SystemForced Air with A/C
Heating FuelGas
SewerConnected

Location & Zoning

Account Number64064
Street Address331 WALLACE AVE
CityFRANKFORT
StateKY
Zip40601-2150
Property CategoryResidential
Property TypeResidential > Single Family > Home
JurisdictionFRANKLIN KY
Township / Civil DivisionFRANKFORT
Census Block Group2
Census Block2024
Census Tract71200

Owner

331 Wallace Ave is owned by a company that bought it in April 2019.

Source: Franklin County records, as of March 27, 2026

Owner of Record2 Company Names on File
Mailing AddressPO BOX 571, FRANKFORT, KY 40602-0571
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 17, 2019 · Amount on File
Deed SaleApr 17, 2019 · Amount on File
Deed Document Number2019487763
Deed Book / Page584 / 724
Record UpdatedJun 8, 2026

April 2019: Deed, Transfer

Document TypeDeed
JurisdictionFRANKLIN KY
Recording DateApr 17, 2019
Property Address331 WALLACE AVE, FRANKFORT, KY 40601
Document Number00D584/724
Book / PageD584 / 724
Instrument DateApr 12, 2019
Instrument487763
Transaction TypeTransfer
Record UpdatedJun 1, 2023

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$58.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 133, FRANKFORT, KY 40602-0133

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 571, FRANKFORT, KY 40602-0571

Mortgage

Document Number0M1486/480
DateApr 17, 2019
Book PageM1486/480
Instrument487764
Lender
NameWESBANCO BANK INC
TypeBank
AddressFRANKFORT, KY 40601
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term180 Months
DueApr 12, 2034
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Franklin County assessment roll, as of March 27, 2026

Property Jurisdictions

TypeName
StateKentucky
CountyFranklin County
MunicipalityFrankfort City
Unified School DistrictFrankfort Independent School District (PK - 12)

Tax Bill & Assessment History

YearAssessed ValueAssessed Market Value
2025$70,000 Land $10,000 Building $60,000$70,000 Land $10,000 Building $60,000

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

Flood

FEMA maps place 331 Wallace Ave in Zone X, where a levee reduces flood risk, though there have been 10 flood claims nearby since 1978.

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

FEMA Flood ZoneZone X
reduced by levee · depends on levee performance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims10 (1978–1997)
Claims Outside the SFHA8 of 10
Most Recent ClaimMar 1997 · Severe Storm, Flooding, And Tornadoes
Claims by Event
  • Severe Storm, Flooding, And Tornadoes, Mar 1997 · 7 claims

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

Wildfire risk around 331 Wallace Ave is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 80% of the US · lower than 63% of Kentucky
Wildfire Likelihood0.01% annual chance
ExposureNone
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 SystemFRANKFORT PLANT BOARD
serves 52,153 people · EPA ID KY0370143
Water SourceSurface water
Last State InspectionMar 2024
Lead2 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 351 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, Frankfort Plant Board.

Nearby Properties on Wallace Ave

Nearby Streets

Search Property Records by Address or Parcel Number