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CondominiumResidential
$313,484$138 / ft²
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 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

5542 FOREST LAKE DR

PROSPECT, KY 40059
4 / 1
Baths
2,272 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.
1982
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$313K
$289K low$338K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,901 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$301,250 (2024)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$301,250
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$301,250
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$301,250

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.Condominium
CountyJefferson
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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.

M
Kammerer Middle SchoolC-
Middle · Grades 6–8 · 3.2 mi
H
Ballard High SchoolA-
High · Grades 9–12 · 3.2 mi
E
Dunn Elementary SchoolA-
Elementary · Grades KG–5 · 3.3 mi

District: Jefferson County School District

Neighborhood · ZIP 40059These 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.40
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.115
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.20,754
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.687 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$161,695
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$242,554
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.47 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

5542 Forest Lake Dr 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.

  • Worth less than 87% of homes in Prospect 40059
  • Costs less per square foot than 94% of homes in Prospect 40059
  • Bigger than 85% of homes in Jefferson County
  • Older than 73% of homes in Prospect 40059

What homes are worth in Prospect 40059

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

This home
$51K$1.9M

This home is worth more than 13% of homes in Prospect 40059.

How it measures up in Prospect 40059

The dot is this home. The mark in the middle is the typical home in Prospect 40059.

Estimated value$313,484
CheaperTypical $634,536Pricier

Pricier than 13% of homes nearby

Price per ft²$138
CheaperTypical $217Pricier

Pricier than 6% of homes nearby

Living area2,272 ft²
SmallerTypical 2,654 ft²Bigger

Bigger than 34% of homes nearby

Year built1982
OlderTypical 1994Newer

Newer than 27% of homes nearby

How 5542 Forest Lake Dr ranks against every home in each area.
MeasureThis homeProspect 40059Jefferson County
Estimated valuepricier than$313,48413% of homes64% of homes
Price per ft²pricier than$1386% of homes15% of homes
Living areabigger than2,272 ft²34% of homes85% of homes
Year builtnewer than198227% of homes72% of homes

About 5542 Forest Lake Dr

How much is 5542 Forest Lake Dr, Prospect, KY worth?

The TopHap Estimate for 5542 Forest Lake Dr, Prospect, KY is $313,484 as of Aug 30, 2026. The likely range is $289,236 to $337,732. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5542 Forest Lake Dr, Prospect, KY?

5542 Forest Lake Dr, Prospect, KY has 4 bathrooms and 2,272 square feet of living space.

When was 5542 Forest Lake Dr, Prospect, KY built?

5542 Forest Lake Dr, Prospect, KY was built in 1982, making it 44 years old. The building has 1 story.

What schools serve 5542 Forest Lake Dr, Prospect, KY?

5542 Forest Lake Dr, Prospect, KY is assigned to Kammerer Middle School (middle), rated C-; Ballard High School (high), rated A-; Dunn Elementary School (elementary), rated A-. All sit in Jefferson County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5542 Forest Lake Dr, Prospect, KY compare to other homes in Prospect 40059?

Among the 8,613 homes in Prospect 40059, it is worth more than 13% of them ($313,484 against a typical $634,536), its price per square foot is higher than 6% of them ($138 against a typical $217), it is bigger than 34% of them (2,272 ft² against a typical 2,654 ft²) and it is newer than 27% of them (1982 against a typical 1994). Measured against all of Jefferson County, it is worth more than 64% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5542 Forest Lake Dr, Prospect, KY?

The 2024 property tax bill for 5542 Forest Lake Dr, Prospect, KY was $2,901. The county assessed it at $301,250.

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