Lexington-Fayette Urban County property record for 507 E Third St, Lexington, KY 40508 · Last verified November 2025
| Property Type | Commercial > Retail > Commercial Building, Warehouse, Mail Order, Show Room (Non-Auto) |
|---|---|
| Year Built | Built 1948 |
| Square Footage | 5,340 sqft Total Area |
| Lot Size | 7,405 sqft (0.169 acres) |
| Last Sale | $79,000 (2001) |
| Tax Bill | $3,561.00 (2025) |
| Primary APN | 14069700 |
|---|
| Building Area | 5,340 sqft Total Area |
|---|---|
| Stories | 1 Stories |
| Year Built | Built 1948 |
|---|---|
| Exterior Material | Concrete Block Exterior |
| Lot Area | 7,405 sqft (0.169 acres) |
| Lot Width | 45.5 ft Width |
| Parking Spaces | 5 Parking Spaces |
| Cooling System | Window A/C Cooling |
|---|
| Street Address | 507 E THIRD ST |
|---|---|
| City | LEXINGTON |
| State | KY |
| Zip | 40508-1612 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Commercial Building, Warehouse, Mail Order, Show Room (Non-Auto) |
| Legal Description | 1-079 WILGUS LOTS LOT; BOOK: 2229 PAGE: 637 |
| Legal Subdivision | WILGUS LOTS |
| Jurisdiction | FAYETTE KY |
| Minor Civil Division | LEXINGTON-FAYETTE CENTRAL |
| Census Blockgroup | 2 |
| Census Block | 2018 |
| Census Tract | 400 |
Source: Lexington-Fayette Urban County records · APN 14069700
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 | 2 Individual Names on File |
|---|---|
| Mailing Address | 704 CROMWELL WAY, LEXINGTON, KY 40503-4127 |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Sep 11, 2001 · Amount on Record |
| Deed Sale | Sep 11, 2001 · Amount on Record |
| Deed Doc Number | 0002229637 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | FAYETTE KY |
| Property Address | 507 E THIRD ST, LEXINGTON, KY 40508-1612 |
| Transaction Type | Mortgage |
| Record Updated | Dec 22, 2023 |
| Name | Verified Name |
|---|---|
| Address | 704 CROMWELL WAY, LEXINGTON, KY 40503-4127 |
| Document Number | MB10642/536 |
|---|---|
| Date | May 12, 2023 |
| Book Page | MB 10642/536 |
| Instrument | 202305120085 |
| Name | TRADITIONAL BANK INC |
|---|---|
| Type | Bank |
| Address | LEXINGTON, KY 40507 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | May 05, 2028 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly (Revolving credit lines are monthly unless stated otherwise). |
Source: Lexington-Fayette Urban County records · Assessment roll updated April 1, 2025 · Last verified November 2025
| Type | Name |
|---|---|
| State | Kentucky |
| County / Municipality | Lexington-Fayette Urban County |
| Unified School District | Fayette County School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $3,561.00 | $288,000 (-) | $288,000 (-) |
| 2023 | $3,561.00 | $288,000 | $288,000 |
Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | FEMA flood map data for this location is not available in our records |
|---|
| 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.
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