545 Phelps Rd, Richmond, KY 40475 Property Records

Madison County property record for 545 Phelps Rd, Richmond, KY 40475

Property Summary

Property TypeSingle Family Home
Lot Size1.69 acres (73,834 sqft)
OwnerIndividual Name on File
Last Sale$195,000 (May 2022)
Tax Bill$1,838 (2025)
Deeds & MortgagesAug 2026 Mortgage
May 2022 Sale & Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN0077-0001-0002

Property Details

APN / Parcel Number

Primary APN0077-0001-0002
Alternative APNs
  • 102067
  • 139326
  • 69415

Exterior

Lot Area73,834 sqft (1.69 acres)

Location & Zoning

Account Number69415
Street Address545 PHELPS RD
CityRICHMOND
StateKY
Zip40475-9359
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionTRACT 1 BB-2A
Legal Tract1
JurisdictionMADISON KY
Township / Civil DivisionBOONESBOROUGH-WHITE HALL
Census Block Group2
Census Block2003
Census Tract10101

Owner

545 Phelps Rd is owned and occupied by an individual who bought it in May 2022.

Source: Madison County records, as of December 8, 2025

Owner of RecordIndividual Name on File
Mailing Address545 PHELPS RD, RICHMOND, KY 40475-9359
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Aug 17, 2026Deed of Trust, Mortgage · FHA Mortgage
ADVANTAGEFIRST LNDG INC
May 24, 2022Deed, Transfer · FHA Mortgage
LOWER LLC
Apr 13, 2020Deed, Transfer · FHA Mortgage
KENTUCKY BANK
Sep 14, 2018Warranty Deed, Transfer · FHA Mortgage
LEXINGTON-FAYETTE URBAN COUNTY GOV

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 24, 2022 · Amount on File
Deed SaleMay 24, 2022 · Amount on File
Prior SaleApr 13, 2020 · Amount on File
Deed Document Number2014093444
Deed Book / PageD823 / 619
Record UpdatedOct 29, 2026

August 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON KY
Recording DateAug 17, 2026
Property Address545 PHELPS RD, RICHMOND, KY 40475-9359
Document Number0014368911
Book / Page2493 / 373
Instrument DateApr 10, 2026
Instrument202614368911
Transaction TypeMortgage
Record UpdatedSep 9, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
Address545 PHELPS RD, RICHMOND, KY 40475-9359

Mortgage

Document Number0014368911,
DateAug 17, 2026
Book Page2493/373
Instrument202614368911
Lender
NameADVANTAGEFIRST LNDG INC
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term360 Months
DueMay 1, 2056
Interest
Max Rate-1%

May 2022: Deed, Transfer

Document TypeDeed
JurisdictionMADISON KY
Recording DateMay 24, 2022
Property Address545 PHELPS RD, RICHMOND, KY 40475-9359
Document Number00D823/619
Book / PageD823 / 619
Map ReferenceCAB 23 SL 43
Instrument DateMay 20, 2022
Instrument2014093444
Transaction TypeTransfer
Record UpdatedFeb 17, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$195.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address424 SARA LEIGH DR, RICHMOND, KY 40475-2648

Transferred To (Grantee/Buyer)

NameVerified Name
Address545 PHELPS RD, RICHMOND, KY 40475-9359

Mortgage

Document Number2014093445
DateMay 24, 2022
Instrument2014093445
Lender
NameLOWER LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term361 Months
DueJun 1, 2052

April 2020: Deed, Transfer

Document TypeDeed
JurisdictionMADISON KY
Recording DateApr 13, 2020
Property Address545 PHELPS RD, RICHMOND, KY 40475-9359
Document NumberD00786/609
Book / PageD00786 / 609
Map ReferenceCAB 23 SL 43
Instrument DateApr 12, 2020
Instrument2014010265
Transaction TypeTransfer
Record UpdatedFeb 17, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$144.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address4032 POOSEY RIDGE, RICHMOND, KY 40475

Transferred To (Grantee/Buyer)

NameVerified Name
Address545 PHELPS RD, RICHMOND, KY 40475-9359

Mortgage

Document Number2014010266
DateApr 13, 2020
Instrument2014010266
Lender
NameKENTUCKY BANK
TypeBank
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term361 Months
DueMay 1, 2050

September 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMADISON KY
Recording DateSep 14, 2018
Property Address545 PHELPS RD, RICHMOND, KY 40475-9359
Document NumberD00764/742
Book / PageD00764 / 742
Map ReferenceCAB23 SL43
Instrument DateAug 23, 2018
Instrument2013981891
Transaction TypeTransfer
Record UpdatedFeb 17, 2023

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$125.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 413, CRESCENT CITY, FL 32112-0413

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRight of Survivorship
Address545 PHELPS RD, RICHMOND, KY 40475-9359

Mortgage

Document Number2013981892
DateSep 14, 2018
Instrument2013981892
Lender
NameLEXINGTON-FAYETTE URBAN COUNTY GOV
TypeGovernment Agency
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term360 Months
DueSep 1, 2048

Mortgage

Document NumberM01824/205
DateSep 14, 2018
Book PageM01824/205
Instrument2013981893
Lender
NameLEXINGTON-FAYETTE URBAN COUNTY GOV
TypeGovernment Agency
AddressFRANKFORT, KY 40601
Agreement
TypeLine of Credit
AmountAmount on Record
Term120 Months
DueSep 1, 2028
Interest
Rate12%

Tax Assessment & Valuation

The 2025 property tax bill for 545 Phelps Rd was $1,838 with an additional exemption.

Source: Madison County assessment roll, as of April 1, 2025

Property Jurisdictions

TypeName
StateKentucky
CountyMadison County
Unified School DistrictMadison County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,838.00 Additional exemption filed$195,000$195,000
2023$1,891.00$195,000$195,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 545 Phelps Rd in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2021.

Source: FEMA National Flood Hazard Layer, effective December 21, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 9 (5% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims2 (2021–2026)
Most Recent ClaimJun 2026 · Severe Storms, Straight-line Winds, 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

Wildfire risk around 545 Phelps Rd is low, with a 0.04% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 63% of Kentucky
Wildfire Likelihood0.04% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

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 SystemMADISON CO UTILITIES DISTRICT
serves 25,120 people · EPA ID KY0760224
Water SourcePurchased surface water from RICHMOND UTILITIES
Last State InspectionNov 2024
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · Jun 2019
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 5 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
Verizon
Fixed Wireless
25 / 6

May also be available: AT&T.

Nearby Properties on Phelps Rd

Nearby Streets

Search Property Records by Address or Parcel Number