431 W 3rd Street, Lexington, KY 40508 (MLS# 24024421)

431 W 3rd Street, Lexington, KY 40508

$1,415,000

Virtual Tour

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Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 8,115 Lot Size (sq. ft.): 21,976 Status: Closed

Current Price: $1,415,000 List Date: 11/20/2024 Last Modified: 8/29/2025

Overview

Description

Grand Richardsonian Romanesque 3 story home with majestic stone & masonry arched entry & porte cochere on beautiful half acre located in historic Northside neighborhood. Seven bedrooms & 3 full &1 half baths. Soaring ceilings, beautiful hardwood flooring, grand staircase, gorgeous millwork, pocket doors, authenticated Bradbury & Bradbury wallcovering & period fixtures throughout. Updated baths, commercial gas stove/oven, marble kitchen, butler's pantry, expansive finished 3rd level has kitchenette & full bath. The Owners were passionate about the restoration and maintenance of their home, where they raised their family... It has been lovingly cared for & is ready for the next chapter. New shingle roof 2023, laundry on every level. Space above 2 car garage is waiting to be refinished... office, studio. Walk to everything downtown has to offer...shops, restaurants, Rupp Arena, the Farmers Market, the Opera House & the new Gatton Park on the Town Branch.

Listing Details MLS# 24024421

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2025-05-23
Purchase Contract Date: 2025-04-16
Close Date: 2025-05-23
Close Price: 1415000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: None

Address

County: Fayette
Street Number: 431
Street Direction Prefix: W
Street Name: 3rd
Street Suffix: Street
State: KY
Zip Code: 40508
Directions: Main Street to right on Broadway, left on W. Third Street. Home is on the right.
Parcel Number: 11785200
Tax District: 01

Contract

Original List Price: 1695000
Start Showing Date: 2024-11-20
Listing Contract Date: 2024-11-19
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/SqFt: 208.87
Sold Price/SqFt: 174.37
SP/LP: 0.83

Tax Legal

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

Interior

Bedrooms Total: 7
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Above Grade Finished Area: 8115
Below Grade Unfinished Area: 2757
Living Area: 8115
Living Area Source: Appraiser
Basement YN: Yes
Fireplace YN: Yes
Below Grade Finished Area: 0
Above Grade Unfinished Area: 0

More Information

Parking Information

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

Building

Year Built: 1892

Lot

Lot Size Source: Public Records
Lot Size Acres: 0.5045
Lot Size Square Feet: 21976
View YN: Yes
Waterfront YN: No
Water Body Access YN: No

Utilities

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

Remarks

Public Remarks: Grand Richardsonian Romanesque 3 story home with majestic stone & masonry arched entry & porte cochere on beautiful half acre located in historic Northside neighborhood. Seven bedrooms & 3 full &1 half baths. Soaring ceilings, beautiful hardwood flooring, grand staircase, gorgeous millwork, pocket doors, authenticated Bradbury & Bradbury wallcovering & period fixtures throughout. Updated baths, commercial gas stove/oven, marble kitchen, butler's pantry, expansive finished 3rd level has kitchenette & full bath. The Owners were passionate about the restoration and maintenance of their home, where they raised their family... It has been lovingly cared for & is ready for the next chapter. New shingle roof 2023, laundry on every level. Space above 2 car garage is waiting to be refinished... office, studio. Walk to everything downtown has to offer...shops, restaurants, Rupp Arena, the Farmers Market, the Opera House & the new Gatton Park on the Town Branch.

Showing Information

Showing Instructions: Showing Time

Currently Not Used

List Price/Acre: 3359762.14

Tax & Legal

Elementary School: Harrison
Middle Or Junior School: Lexington Trad
High School: Lafayette
Tax Rate: 1.2583
Inside New Circle Road YN: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Attic Features

Pull-Down Stairs: Yes

Basement

Concrete: Yes
Crawl Space: Yes
Full: Yes
Sump Pump: Yes
Unfinished: Yes
Walk-Up Access: Yes

Construction Materials

Brick Veneer: Yes
Solid Masonry: Yes
Stone: Yes
Wood Siding: Yes

Cooling

Electric: Yes

Exterior Features

Storm Door(s): Yes

Fireplace Features

Dining Room: Yes
Family Room: Yes
Gas Log: Yes
Great Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes
Wood Burning: Yes

Flooring

Hardwood: Yes
Tile: Yes

Foundation Details

Pillar/Post/Pier: Yes
Stone: Yes

Heating

Forced Air: Yes
Hot Water: Yes
Natural Gas: Yes
Zoned: Yes

Interior Features

Entrance Foyer: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Main Level: Yes
Washer Hookup: Yes

Levels

Three Or More: Yes

Parking Features

Attached Carport: Yes
Detached Garage: Yes
Driveway: Yes
Off Street: Yes

Patio And Porch Features

Patio: Yes
Porch: Yes

Possession

Close Of Escrow: Yes

Roof

Dimensional Style: Yes
Flat: Yes
Membrane: Yes
Metal: Yes
Shingle: Yes
Other: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Neighborhood: Yes
Trees/Woods: Yes

Water Source

Public: Yes

Showing Requirements

Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Refrigerator; Washer Attic Features: Pull-Down Stairs Basement: Concrete; Crawl Space; Full; Sump Pump; Unfinished; Walk-Up Access Construction Materials: Brick Veneer; Solid Masonry; Stone; Wood Siding Cooling: Electric Exterior Features: Storm Door(s) Fireplace Features: Dining Room; Family Room; Gas Log; Great Room; Kitchen; Living Room; Primary Bedroom; Wood Burning Flooring: Hardwood; Tile Foundation Details: Pillar/Post/Pier; Stone Heating: Forced Air; Hot Water; Natural Gas; Zoned Interior Features: Entrance Foyer; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Main Level; Washer Hookup Levels: Three Or More Parking Features: Attached Carport; Detached Garage; Driveway; Off Street Patio And Porch Features: Patio; Porch Possession: Close Of Escrow Roof: Dimensional Style; Flat; Membrane; Metal; Shingle; Other Sewer: Public Sewer Structure Type: House View: Neighborhood; Trees/Woods Water Source: Public Showing Requirements: Showing Service

Listing Office: Turf Town Properties

Last Updated: August - 29 - 2025

Information deemed reliable but not guaranteed.