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Duplex (2 Units, Any Combination)Residential
Last sold for $116,000 on Aug 26, 1988

331 MADISON PL

LEXINGTON, KY 40508
2
Baths
2,252 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1908
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$116,000 · Aug 26, 1988

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,739 (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.$270,600 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$270,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$270,600

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.42
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
85
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
89
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. 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.Duplex (2 Units, Any Combination)
CountyFayette
Lot (acres)The size of the land the home sits on, from county records.0.19
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 144 ft²

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

E
Harrison Elementary SchoolD-
Elementary · Grades PK–5 · 0.4 mi
M
Lexington Middle SchoolD-
Middle · Grades 6–8 · 0.9 mi
H
Lafayette High SchoolA+
High · Grades 9–12 · 1.9 mi

District: Fayette County School District

Neighborhood · ZIP 40508These 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.142
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.170
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.55

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.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.26%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.23,928
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,741 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$36,773
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$59,436
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

331 Madison Pl 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.

  • Bigger than 83% of homes in Lexington 40508
  • Has a bigger lot than 89% of homes in Historic Woodward Heights
  • Older than 98% of homes in Fayette County

How it measures up in Lexington 40508

The dot is this home. The mark in the middle is the typical home in Lexington 40508.

Living area2,252 ft²
SmallerTypical 1,239 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.19 ac
SmallerTypical 0.12 acBigger

Bigger than 88% of homes nearby

Year built1908
OlderTypical 1934Newer

Newer than 23% of homes nearby

How 331 Madison Pl ranks against every home in each area.
MeasureThis homeHistoric Woodward HeightsLexington 40508Fayette County
Living areabigger than2,252 ft²57% of homes83% of homes76% of homes
Lot sizebigger than0.19 ac89% of homes88% of homes51% of homes
Year builtnewer than190843% of homes23% of homes2% of homes

About 331 Madison Pl

When did 331 Madison Pl, Lexington, KY last sell?

331 Madison Pl, Lexington, KY last sold on Aug 26, 1988 for $116,000, according to the county's recorded deed.

How big is 331 Madison Pl, Lexington, KY?

331 Madison Pl, Lexington, KY has 2 bathrooms, 2,252 square feet of living space and a 0.19-acre lot.

When was 331 Madison Pl, Lexington, KY built?

331 Madison Pl, Lexington, KY was built in 1908, making it 118 years old. The building has 2 stories.

What schools serve 331 Madison Pl, Lexington, KY?

331 Madison Pl, Lexington, KY is assigned to Harrison Elementary School (elementary), rated D-; Lexington Middle School (middle), rated D-; Lafayette High School (high), rated A+. All sit in Fayette County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 331 Madison Pl, Lexington, KY compare to other homes in Lexington 40508?

Among the 6,083 homes in Lexington 40508, it is bigger than 83% of them (2,252 ft² against a typical 1,239 ft²), its lot is bigger than 88% of them (0.19 ac against a typical 0.12 ac) and it is newer than 23% of them (1908 against a typical 1934). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 331 Madison Pl, Lexington, KY?

The 2025 property tax bill for 331 Madison Pl, Lexington, KY was $2,739. The county assessed it at $270,600.

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