416 W Third Street, Lexington, KY 40508 (MLS# 1600139)

416 W Third Street, Lexington, KY 40508

$865,000

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 6,541 Lot Size (sq. ft.): 16,117 Status: Closed

Current Price: $865,000 List Date: 1/04/2016 Last Modified: 8/28/2025

Overview

Description

Incredible opportunity to own one of Lexington's finest homes!! BIG PRICE REDUCTION. This magnificent Romanesque revival sytle house was completed 1889/1890. It is constructed of hard red brick, brownstone & terra cotta. This elegant style includes large door openings,oversized windows & a unique turret w/incredibel evening sky views.The large expansive architectural design documents the corps d'elite features throughout including: oversized formal dining room & living room, chandelier w/Aladdin lift w/key switch,Cat 5 cables to 23 locations in the house, basement kitchen for over flow cooking needs while entertaining, finished 3rd floor for guest quarters/home office, wet bar, cedar closet,etc. 400 amp electric service & new copper water lines. Water heaters have by pass valves in case of power outages w/ unending hot water supply. Recent updates incl granite counters in kitchen & pantry. Call me now to schedule your personal viewing of this magnificent home!

Listing Details MLS# 1600139

Listing Information

Property Sub Type: Single Family Residence

Status Change Information

Price Change Timestamp: 2016-03-05T01:12:38Z
Status Change Timestamp: 2016-03-04
Purchase Contract Date: 2016-01-05
Close Date: 2016-03-04
Close Price: 865000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: $16,000 boiler replacemt

Address

County: Fayette
Street Number: 416
Street Direction Prefix: W
Street Name: Third
Street Suffix: Street
State: KY
Zip Code: 40508
Directions: Downtown to North Broadway -left to West Third Street. House is located at the corner of W. Third St and Morrow Alley.
Parcel Number: 15495950
Tax District: Yes

Contract

Original List Price: 899999
Start Showing Date: 2016-01-04
Listing Contract Date: 2016-01-04
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/SqFt: 137.59
Sold Price/SqFt: 132.24
SP/LP: 0.96

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown
High School District: Fayette County - 1

Interior

Bedrooms Total: 6
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Above Grade Finished Area: 6541
Below Grade Unfinished Area: 2270
Living Area: 6541
Basement YN: Yes
Fireplace YN: Yes
Above Grade Unfinished Area: 0

More Information

Parking Information

Garage YN: Yes
Carport YN: Yes
Carport Spaces: 2

Building

Year Built: 1890

Lot

Lot Size Acres: 0.37
Lot Size Square Feet: 16117.21
Waterfront YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Remarks

Public Remarks: Incredible opportunity to own one of Lexington's finest homes!! BIG PRICE REDUCTION. This magnificent Romanesque revival sytle house was completed 1889/1890. It is constructed of hard red brick, brownstone & terra cotta. This elegant style includes large door openings,oversized windows & a unique turret w/incredibel evening sky views.The large expansive architectural design documents the corps d'elite features throughout including: oversized formal dining room & living room, chandelier w/Aladdin lift w/key switch,Cat 5 cables to 23 locations in the house, basement kitchen for over flow cooking needs while entertaining, finished 3rd floor for guest quarters/home office, wet bar, cedar closet,etc. 400 amp electric service & new copper water lines. Water heaters have by pass valves in case of power outages w/ unending hot water supply. Recent updates incl granite counters in kitchen & pantry. Call me now to schedule your personal viewing of this magnificent home!

Showing Information

Showing Instructions: Listing agent must accompany....24 hr notice

Room Types

Bathroom 1 Level: Second
Bathroom 2 Level: First
Bedroom 1 Level: Second
Dining Room Level: First
Family Room Level: First
Foyer Level: First
Great Room Level: Third
Kitchen Level: Lower
Living Room Level: First
Office Level: Third
Primary Bedroom Level: Second
Bathroom 1: Yes
Bathroom 2: Yes
Bedroom 1: Yes
Dining Room: Yes
Family Room: Yes
Foyer: Yes
Great Room: Yes
Kitchen: Yes
Living Room: Yes
Office: Yes
Primary Bedroom: Yes

Currently Not Used

List Price/Acre: 2432429.73

Tax & Legal

Elementary School: Harrison
Middle Or Junior School: Lexington Trad
High School: Lafayette
Tax Rate: 1.2
Design Review District YN: Yes
Inside New Circle Road YN: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Range: Yes

Attic Features

Finished: Yes

Basement

Full: Yes
Unfinished: Yes
Walk-Out Access: Yes

Community Features

Park: Yes
Pool: Yes
Tennis Court(s): Yes

Construction Materials

Solid Masonry: Yes

Cooling

Attic Fan: Yes
Electric: Yes
Heat Pump: Yes

Fencing

Chain Link: Yes
Wood: Yes

Fireplace Features

Gas Log: Yes
Great Room: Yes
Living Room: Yes
Masonry: Yes
Primary Bedroom: Yes
Ventless: Yes

Flooring

Hardwood: Yes
Marble: Yes
Tile: Yes

Foundation Details

Stone: Yes
Other: Yes

Heating

Electric: Yes
Heat Pump: Yes
Hot Water: Yes
Humidity Control: Yes
Natural Gas: Yes

Interior Features

Ceiling Fan(s): Yes
Central Vacuum: Yes
Eat-in Kitchen: Yes
Entrance Foyer: Yes
In-Law Floorplan: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Lot Features

Many Trees: Yes

Other Equipment

Dehumidifier: Yes

Other Structures

Guest House: Yes

Parking Features

Garage Door Opener: Yes
Garage Faces Rear: Yes
Off Street: Yes

Patio And Porch Features

Patio: Yes

Possession

Close Of Escrow: Yes

Roof

Rubber: Yes
Shingle: Yes

Security Features

Security System Owned: Yes

Sewer

Public Sewer: Yes

Showing Considerations

Pet(s) on Premises: Yes

Water Heater

Electric: Yes
Gas: Yes

Water Source

Public: Yes

Window Features

Blinds: Yes
Screens: Yes
Skylight(s): Yes
Storm Window(s): Yes
Window Treatments: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected Appliances: Dishwasher; Disposal; Range Attic Features: Finished Basement: Full; Unfinished; Walk-Out Access Community Features: Park; Pool; Tennis Court(s) Construction Materials: Solid Masonry Cooling: Attic Fan; Electric; Heat Pump Fencing: Chain Link; Wood Fireplace Features: Gas Log; Great Room; Living Room; Masonry; Primary Bedroom; Ventless Flooring: Hardwood; Marble; Tile Foundation Details: Stone; Other Heating: Electric; Heat Pump; Hot Water; Humidity Control; Natural Gas Interior Features: Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Levels: Three Or More Lot Features: Many Trees Other Equipment: Dehumidifier Other Structures: Guest House Parking Features: Garage Door Opener; Garage Faces Rear; Off Street Patio And Porch Features: Patio Possession: Close Of Escrow Roof: Rubber; Shingle Security Features: Security System Owned Sewer: Public Sewer Showing Considerations: Pet(s) on Premises Water Heater: Electric; Gas Water Source: Public Window Features: Blinds; Screens; Skylight(s); Storm Window(s); Window Treatments Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Dining Room; Family Room; Foyer; Great Room; Kitchen; Living Room; Office; Primary Bedroom

Room Information

Room Name
Bathroom 1
Bathroom 2
Bedroom 1
Dining Room
Family Room
Foyer
Great Room
Office
Kitchen
Living Room
Primary Bedroom

Listing Office: Keller Williams Bluegrass Realty

Last Updated: August - 28 - 2025

Information deemed reliable but not guaranteed.