Kenton County property record for 516 Madison Ave, #22, Covington, KY 41011 · Last verified December 2025
| Property Type | Commercial |
|---|---|
| Details | 85,000 sqft · built 1923 |
| Lot Size | 0.318 acres (13,870 sqft) |
| Owner | Company Name on File |
| Last Sale | $4,600,000 (Jun 2016) |
| Flood Zone | Zone X (minimal risk) |
| APN | 054-23-05-022.00 |
| Primary APN | 054-23-05-022.00 |
|---|
| Building Area | 85,000 sqft Finished Area |
|---|
| Year Built | Built 1923 |
|---|---|
| Lot Area | 13,870 sqft (0.318 acres) |
| Lot Dimensions | 190 ft deep x 73 ft wide |
| Old Parcel Number | 0542305022.00 |
|---|---|
| Street Address | 516 MADISON AVE # 22, 22 |
| City | COVINGTON |
| State | KY |
| Zip | 41011-1506 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | ORIGINAL PLAT OF COV LOT 258 & PT 259 73'X 190' |
| Legal Subdivision | ORIGINAL PLAT OF COV |
| Legal Lot Number | 258,259 |
| Jurisdiction | KENTON KY |
| Township / Civil Division | COVINGTON |
| Census Block Group | 2 |
| Census Block | 2014 |
| Census Tract | 67000 |
Source: Kenton County records · APN 054-23-05-022.00
Assessment roll updated April 1, 2025 · Last verified December 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 | 300 N MAIN ST, VERSAILLES, KY 40383-1245 |
| Occupancy | Owner Occupied |
| Owner Type | Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Jun 13, 2016 · Amount on Record |
| Deed Sale | Jun 13, 2016 · Amount on Record |
| Prior Sale | Oct 03, 2012 · Amount on Record |
| Deed Document Number | 0005912220 |
| Deed Book / Page | 5912 / 220 |
| Record Updated | Jun 08, 2026 |
Source: Kenton County records · Assessment roll updated April 1, 2025 · Last verified December 2025
| Type | Name |
|---|---|
| State | Kentucky |
| County | Kenton County |
| Municipality | Covington City |
| Unified School District | Covington Independent 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 | Additional exemption filed | $4,600,000 (-) Land $350,000 Building $4,250,000 | $4,600,000 (-) Land $350,000 Building $4,250,000 |
| 2023 | Additional exemption filed | $4,600,000 (-) Land $350,000 Building $4,250,000 | $4,600,000 (-) Land $350,000 Building $4,250,000 |
| 2022 | Additional exemption filed | $4,600,000 Land $350,000 Building $4,250,000 | $4,600,000 Land $350,000 Building $4,250,000 |
Source: FEMA National Flood Hazard Layer, Kenton County (21117C), updated June 19, 2015 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 211170670002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Special Flood Hazard Area | No |
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Flood Insurance Cost | Premium on Record median of 3 individual NFIP policies nearby |
| Nearby Flood Policies | 3 in force 1 of 3 on primary residences |
| Nearby Flood Claims | 3 (1978–2025) |
| Most Recent Claim | Apr 2025, rainfall accumulation, Severe Storms, Straight-line Winds, Tornadoes, Flooding, Landslides, And Mudslides |
| Flood Events |
|
| 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; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026
| Historic District | Within the Covington Downtown Commercial Historic District listed 1983 · 250 contributing resources · NRIS 83002804 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
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