503 Prospect St, Berea, KY 40403 Property Records

Madison County property record for 503 Prospect St, Berea, KY 40403

Property Summary

Property Type	Single Family Home
Details	1,340 sqft
Lot Size	0.413 acres (17,998 sqft)
Owner	Individual Name on Record
Last Sale	$205,000 (May 2024)
Tax Bill	$2,443 (2025)
Deeds & Mortgages	May 2024 Sale & Mortgage Dec 2019 Transfer
Flood Zone	Zone AE (high risk)
APN	`B010-0009-0003`

Property Details

APN / Parcel Number

Primary APN	`B010-0009-0003`
Alternative APNs	`105529` `142847` `49927`

Interior

Stories	2 Stories
Building Area	1,340 sqft Living Area
1st Floor Area	882 sqft
Basement Area	882 sqft
Unfinished Basement	882 sqft

Exterior

Exterior Material	Aluminum/Vinyl
Lot Area	17,998 sqft (0.413 acres)
Garage Type	Detached
Garage Area	270 sqft
Parking Spaces	1 Parking Space

Location & Zoning

Account Number	49927
Street Address	503 PROSPECT ST
City	BEREA
State	KY
Zip	40403-1728
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	DESC
Jurisdiction	MADISON KY
Township / Civil Division	BEREA
Census Block Group	1
Census Block	1013
Census Tract	11303

Owner

Source: Madison County records, as of December 12, 2025

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	503 PROSPECT ST, BEREA, KY 40403-1728
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Unmarried Man

Deeds, Mortgages & Sale History

Date	Document
May 9, 2024	Deed, Transfer · VA Mortgage ATLANTIC BAY MORTGAGE GROUP LLC
Dec 5, 2019	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 9, 2024 · Amount on Record
Deed Sale	May 9, 2024 · Amount on Record
Prior Sale	Dec 22, 2022 · Amount on Record
Deed Document Number	202414202924
Deed Book / Page	852 / 125
Prior Transfer Date	Dec 4, 2019
Prior Transfer Doc	D00782/034
Record Updated	Jun 8, 2026

May 2024: Deed, Transfer

Document Type	Deed
Jurisdiction	MADISON KY
Recording Date	May 9, 2024
Property Address	503 PROSPECT ST, BEREA, KY 40403-1728
Document Number	00D852/125
Book / Page	D852 / 125
Instrument Date	May 7, 2024
Instrument	2014202924
Transaction Type	Transfer
Record Updated	May 21, 2024
Title Company	BLUEGRASS LAND TITLE, BLUEGRASS LAND TITLE LLC

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$205.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	151 PATRIOT TRL, BEREA, KY 40403-8855

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 PROSPECT ST, BEREA, KY 40403-1728

Mortgage

Document Number	2014202927
Date	May 9, 2024
Instrument	2014202927

Lender

Name	ATLANTIC BAY MORTGAGE GROUP LLC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2054

December 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MADISON KY
Recording Date	Dec 5, 2019
Property Address	503 PROSPECT ST, BEREA, KY 40403-1728
Document Number	D00782/034
Book / Page	D00782 / 034
Instrument Date	Dec 4, 2019
Instrument	2014003422
Transaction Type	Transfer
Record Updated	Jun 28, 2021

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	503 PROSPECT ST, 503, BEREA, KY 40403-1728

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	400 RICHMOND RD N STE C, C, BEREA, KY 40403-1015

Tax Assessment & Valuation

Source: Madison County assessment roll, as of December 9, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,443.00 (+114.86%)	$205,000 (+135.63%)	$205,000 (+135.63%)
2023	$1,137.00	$87,000	$87,000

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 AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on Record median of 57 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	57 in force
Nearby Flood Claims	2 (2010–2025)
Most Recent Claim	Apr 2025 · Severe Storms, Straight-line Winds, Tornadoes, Flooding, Landslides, And Mudslides

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	0.02% 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	BEREA MUNICIPAL UTILITIES private · serves 9,972 people · EPA ID KY0760030
Water Source	Surface water
Last State Inspection	May 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 280 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Windstream Fiber · DSL in parts of the area	2,000 / 2,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

Nearby Properties on Prospect St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures