505 E Third St, Lexington, KY 40508 Property Records

Lexington-Fayette Urban County property record for 505 E Third St, Lexington, KY 40508 · Last verified November 2025

Property Highlights

Property Type	Commercial > Retail > Parking Garage, Parking Structure
Lot Size	7,392 sqft (0.169 acres)
Last Sale	$455,000 (2022)
Tax Bill	$309.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`13135001`

Exterior

Lot Area	7,392 sqft (0.169 acres)
Lot Width	44 ft Width

Location & Zoning

Street Address	505 E THIRD ST
City	LEXINGTON
State	KY
Zip	40508-1612
Property Usage	Commercial Property Usage
Type	Commercial > Retail > Parking Garage, Parking Structure
Legal Description	1-079 WILGUS LOTS LOT; BOOK: 2957 PAGE: 402
Legal Subdivision	WILGUS LOTS
Jurisdiction	FAYETTE KY
Minor Civil Division	LEXINGTON-FAYETTE CENTRAL
Census Blockgroup	2
Census Block	2018
Census Tract	400

Owner

Source: Lexington-Fayette Urban County records · APN 13135001

Assessment roll updated April 1, 2025 · Last verified November 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 File
Mailing Address	1591 WINCHESTER RD STE 104, 104, LEXINGTON, KY 40505-4514
Owner Type	Owner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Feb 09, 2022 · Amount on Record
Deed Sale	Feb 09, 2022 · Amount on Record
Prior Sale	Jul 06, 2010 · Amount on Record
Deed Doc Number	0003915201
Deed Book / Page	3915 / 201
Record Refreshed	Jun 08, 2026

February 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	FAYETTE KY
Recording Date	Feb 09, 2022
Property Address	505 E THIRD ST, LEXINGTON, KY 40508-1612
Document Number	003915/201
Book / Page	3915 / 201
Transaction Type	Transfer
Record Updated	Nov 11, 2025

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	From Affidavit or Verified
Additional	Arms Length Transaction Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000357583
Date	Feb 09, 2022
Instrument	357/583

Lender

Name	TRADITIONAL BANK INC

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Lexington-Fayette Urban County records · Assessment roll updated April 1, 2025 · Last verified November 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$309.00	$25,000 (-)	$25,000 (-)
2023	$309.00	$25,000	$25,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	FEMA flood map data for this location is not available in our records

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.