$155,000
$15K PRICE DROP

125 E Walnut St Richmond, KY 40475

Estimated payment $893/month

Total Views 3,021
2 Beds
1 Bath
1,349 Sq Ft
$115 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • 4-minute walk to Richmond Parks & Recreation

About This Home

As they say, you should never judge a book by its cover! Come and see all of the potential that awaits the next owner of this unique property! Primed and ready for a new owner to make it their own, with a workshop out back to make it all come together! Work remotely from a home office in the loft! You will be pleasantly surprised by the vaulted ceilings, the home office, flex space, or 2nd bedroom in the loft space and the open feel inside the home. You will be blown away by the ENORMOUS 1400 Square foot garage and workshop space out back! Located close to Eastern Kentucky University, along the Red House Road corridor, this home is walkable to downtown Richmond & Madison Central Highschool. Come and see all that this home offers in the heart of downtown Richmond and all that Madison County has to offer!

Listing Agent

Lucy Jett Waterbury

Rector Hayden Realtors License #216487 Listed on: 04/30/2026

Rector Hayden Realtors

Co-Listing Agent

Ethan T Waterbury

Rector Hayden Realtors License #212856

Home Details

Home Type

  • Single Family

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Wire Fence

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,349 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Kit Carson Elementary School
  • Madison Mid Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R007-0025-0013

Home Details

Home Type

Single Family

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 1349.0
  • Levels: One and One Half
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Microwave, Refrigerator, Washer, Range
  • Interior Amenities: Walk-In Closet(s), Ceiling Fan(s)
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Total Fireplaces: 1
  • LivingArea: 1349.0
  • Lot Size Area: 0.2
  • Window Features: Blinds

Exterior Features

  • Roof: Flat, Shingle
  • Construction Materials: Aluminum Siding
  • Fencing: Chain Link, Partial, Wood
  • Foundation Details: Block
  • Home Warranty: No
  • Horse: No
  • List Price: 155000.0
  • Other Structures: Workshop
  • Pool Private: No
  • View YN: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kit Carson
  • High School: Madison Central
  • Middle or Junior School: Madison Mid

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel Number: R007-0025-0013

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $650 $118,000 $0 $0
2024 $265 $74,000 $0 $0
2023 $268 $74,000 $0 $0
2022 $43 $74,000 $0 $0
2021 $332 $74,000 $0 $0
2020 $351 $74,000 $0 $0
2019 $287 $67,500 $0 $0
2018 $304 $67,500 $0 $0
2017 $301 $67,500 $0 $0
2016 $305 $67,500 $0 $0
2015 $304 $30,600 $0 $0
2014 $321 $67,500 $0 $0
2012 $321 $67,500 $15,000 $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 Price Changed $155,000 -8.8% $115 / Sq Ft
04/30/2026 04/30/26 For Sale $170,000 -- $126 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 26009559

ImagineMLS (Bluegrass REALTORS®)

APN: R007-0025-0013

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