422 Letcher Ave Richmond, KY 40475
Estimated payment $1,657/month
Total Views
80,315
5
Beds
3
Baths
1,863
Sq Ft
$148
Price per Sq Ft
Highlights
- Dining Room with Fireplace
- No HOA
- Home Office
- Wood Flooring
- Neighborhood Views
- 2 Car Detached Garage
About This Home
Downtown living with built-in income potential in the heart of Richmond! This versatile property features a 3BR/2BA main residence plus a detached garage with a 2BR/1BA apartment above (currently rented month-to-month). The main home offers a flexible floor plan with a spacious front living room that flows into a traditional dining room and renovated kitchen. A rear study/office provides the perfect space for working from home, playroom, or rec room. Three bedrooms include a primary suite with private bath. Carpet free home. Permanent stairs lead to a floored attic for ample storage, and the unfinished basement also provides additional storage space. Exterior features include a detached garage and large driveway w/generous parking. Ideal for owner-occupants seeking to offset their mortgage with rental income, multi-generational living, or investors looking for an immediate income-producing opportunity. Affordable price point with strong flexibility in a desirable downtown location. House can be shown at any time but apartment requires 48 hour notice.
Home Details
Home Type
- Single Family
Year Built
- Built in 1934
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,863 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Electric Fireplace
- Blinds
- Great Room with Fireplace
- Living Room
- Dining Room with Fireplace
- 2 Fireplaces
- Home Office
- Neighborhood Views
- Storm Windows
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
Laundry
- Laundry on lower level
- Washer and Electric Dryer Hookup
Attic
- Attic Floors
- Permanent Attic Stairs
Unfinished Basement
- Partial Basement
- Sump Pump
Outdoor Features
- Front Porch
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 R005-0009-0002
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,023 | $214,500 | $0 | $0 |
| 2024 | $2,055 | $214,500 | $0 | $0 |
| 2023 | $2,081 | $214,500 | $0 | $0 |
| 2022 | $170 | $131,900 | $0 | $0 |
| 2021 | $1,307 | $131,900 | $0 | $0 |
| 2020 | $1,295 | $128,000 | $0 | $0 |
| 2019 | $1,261 | $124,000 | $0 | $0 |
| 2018 | $1,260 | $124,000 | $0 | $0 |
| 2017 | $1,247 | $124,000 | $0 | $0 |
| 2016 | $1,237 | $124,000 | $0 | $0 |
| 2015 | $1,340 | $124,000 | $0 | $0 |
| 2014 | $1,340 | $140,000 | $0 | $0 |
| 2012 | $1,340 | $140,000 | $15,000 | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2026 05/19/26 | Price Changed | $275,000 | -1.8% | $148 / Sq Ft | |
| 05/01/2026 05/01/26 | Price Changed | $279,900 | -2.6% | $150 / Sq Ft | |
| 04/10/2026 04/10/26 | Price Changed | $287,500 | -1.7% | $154 / Sq Ft | |
| 03/16/2026 03/16/26 | Price Changed | $292,500 | -2.5% | $157 / Sq Ft | |
| 02/15/2026 02/15/26 | For Sale | $299,900 | +39.8% | $161 / Sq Ft | |
| 01/12/2023 01/12/23 | For Sale | $214,500 | 0.0% | $115 / Sq Ft | |
| 10/14/2022 10/14/22 | Sold | $214,500 | +73.0% | $115 / Sq Ft | View Prior Sale |
| 09/11/2022 09/11/22 | Pending | -- | -- | -- | |
| 10/30/2014 10/30/14 | Sold | $124,000 | 0.0% | $67 / Sq Ft | View Prior Sale |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- | |
| 07/15/2014 07/15/14 | For Sale | $124,000 | -- | $67 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $214,500 | -- | |
| Deed | $158,200 | Emmons & Puckett Pllc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Always on the go and always in the know, Robin Jones knows what it takes to make every moment count. As a leading real estate professional, she applies her positive energy and determination to help other throughout Madison County make the most of their home buying and selling opportunities.
With Robin as your real estate guide, you can count on her to be there for you every step of the way with expert guidance and personal attention. She is driven to help you achieve exceptional results
Robin's Other Listings
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26002701
APN: R005-0009-0002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
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