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Single Family ResidenceResidential
$253,741
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $145,000 on Jul 16, 2020

228 PRESTON WAY

FRANKFORT, KY 40601
3
Beds
2 / 1
Baths
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$254K
$225K low$283K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$145,000 · Jul 16, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,737 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$145,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$20,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$125,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$145,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$145,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.8
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
22
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Foyer
CountyFranklin
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Electric
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
ViewThe type of view from the property, or another feature of the site that affects value.Flood Plain/Flood Zone

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Peaks Mill Elementary SchoolB+
Elementary · Grades 1–5 · 1.9 mi
H
Franklin County High SchoolC+
High · Grades 9–12 · 3.0 mi
M
Elkhorn Middle SchoolC
Middle · Grades 6–8 · 3.1 mi

District: Franklin County School District

Neighborhood · ZIP 40601These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.101
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.178
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.49

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.53,139
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.228 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,216
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,739
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

228 Preston Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

What homes are worth in Frankfort 40601

Each bar is how many homes fall in that price range. The marker is this home.

This home
$62K$671K

This home is worth more than 60% of homes in Frankfort 40601.

How it measures up in Frankfort 40601

The dot is this home. The mark in the middle is the typical home in Frankfort 40601.

Estimated value$253,741
CheaperTypical $223,133Pricier

Pricier than 60% of homes nearby

How 228 Preston Way ranks against every home in each area.
MeasureThis homeFrankfort 40601
Estimated valuepricier than$253,74160% of homes

About 228 Preston Way

How much is 228 Preston Way, Frankfort, KY worth?

The TopHap Estimate for 228 Preston Way, Frankfort, KY is $253,741 as of Sep 24, 2026. The likely range is $224,684 to $282,798. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 228 Preston Way, Frankfort, KY last sell?

228 Preston Way, Frankfort, KY last sold on Jul 16, 2020 for $145,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 228 Preston Way, Frankfort, KY?

228 Preston Way, Frankfort, KY has 3 bedrooms and 2 bathrooms.

What schools serve 228 Preston Way, Frankfort, KY?

228 Preston Way, Frankfort, KY is assigned to Peaks Mill Elementary School (elementary), rated B+; Franklin County High School (high), rated C+; Elkhorn Middle School (middle), rated C. All sit in Franklin County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

What are the property taxes on 228 Preston Way, Frankfort, KY?

The 2025 property tax bill for 228 Preston Way, Frankfort, KY was $1,737. The county assessed it at $145,000.

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