Madison County property record for 416 Wallace Ct, Richmond, KY 40475
| Property Type | Single Family Home |
|---|---|
| Details | 1,242 sqft |
| Owner | Individual Name on File |
| Last Sale | $244,500 (Aug 2025) |
| Tax Bill | $602 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | R005-0012-0022 |
| Primary APN | R005-0012-0022 |
|---|---|
| Alternative APNs |
|
| Stories | 1 Story |
|---|---|
| Building Area | 1,242 sqft Living Area |
| Exterior Material | Brick Veneer |
|---|---|
| Garage Type | Mixed |
| Parking Spaces | 1 Parking Space |
| Account Number | 64239 |
|---|---|
| Street Address | 416 WALLACE CT |
| City | RICHMOND |
| State | KY |
| Zip | 40475-1334 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | WALLACE COURT LOT 16 |
| Legal Subdivision | WALLACE COURT |
| Legal Lot Number | 16 |
| Jurisdiction | MADISON KY |
| Township / Civil Division | RICHMOND |
| Census Block Group | 1 |
| Census Block | 1009 |
| Census Tract | 10602 |
416 Wallace Ct is owned and occupied by an individual who bought it in August 2025.
Source: Madison County records, as of December 8, 2025
| Owner of Record | Individual Name on File |
|---|---|
| Co-owner | Co-owner on File |
| Mailing Address | 416 WALLACE CT, RICHMOND, KY 40475-1334 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Aug 11, 2025 · Amount on File |
| Deed Sale | Aug 11, 2025 · Amount on File |
| Deed Document Number | 2014277354 |
| Deed Book / Page | D871 / 390 |
| Record Updated | Jun 8, 2026 |
The 2025 property tax bill for 416 Wallace Ct was $602 with a homeowner's exemption.
Source: Madison County assessment roll, as of April 1, 2025
| Type | Name |
|---|---|
| State | Kentucky |
| County | Madison County |
| Municipality | Richmond City |
| Unified School District | Madison County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $602.00 Homeowner's exemption | $113,000 | $113,000 |
| 2023 | $439.00 (-11.85%) Homeowner's exemption | $91,700 (-) | $91,700 (-) |
| 2022 | $498.00 Homeowner's exemption | $91,700 | $91,700 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 416 Wallace Ct in Zone X, an area of minimal flood risk.
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 risk around 416 Wallace Ct is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.8% of the US · lower than 99.9% 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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 396 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 in parts of the area | 5,000 / 5,000 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
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