$600,000

500 W Ormsby Ave Louisville, KY 40203

$7,125
Closing credit¹
8 beds
5 full
5,072 sqft
0.3 acres
$118 / sqft
House

Property details

About 500 W Ormsby Ave

Welcome to The Heart of old Louisville! This home is perfect for an Investor or homeowner looking for some sweat equity. The home next door sold for $795,000! Most of the expensive ''stuff'' has been done including a newer roof, updated plumbing and electrical, new windows, new HVAC (3 systems) and water heaters, new flooring throughout, fresh paint and new concrete patios out back. All plaster and lathe have been removed, and this home is grandfathered in to keep 6'' hanging gutters (meaning no box gutters to clean and repair). This 3-story home has just over 5,000 square feet above ground and has great duplex potential. The first floor with 1,892 sqft has a large entry foyer that leads to a formal living and dining room. The large kitchen has tons of cabinet and counter space and is next to a breakfast room, both with new tile floors. You will also find a first-floor bedroom, full bath and laundry room. The second floor with 1,892 sqft features a large primary suite complete with bedroom, sitting room and private bath with double vanities, large tub, separate shower and walk-in closet. There is an additional bedroom, den or office and full bath. PLUS, a private suite with outdoor entrance offers a bedroom and full bath. The third floor with 1,311 sqft has 3 large bedrooms and a full bath! Additional features include a spiral staircase to the unfinished 779 sqft basement, Large exterior deck, stairs that lead to 2nd floor entry, fire escape, 1 car detached garage from alley access and plenty of private parking. This home is being sold AS-IS. A lovely Old Louisville Gem!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size5,072 sqft
BasementYes
Lot size0.25 Acres
Year built1900
ParkingOff Street, Detached
MLS #1685531
Garage1 space

Summary

  • Full Bathrooms: 5
  • Basement: Yes
  • Total Bedroom Count: 8
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Off Street, Detached
  • Exterior: See Remarks
  • Architectural Style: Traditional
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $600,000
  • Price/SqFt: $118
  • Annual Tax Amount: $5,957
  • Tax Year: 2023
  • Directions: I-65 TO ST CATHERINE TO 3RD ST TO ORMSBY. ALLY ACCESS VIA 6TH ST.
  • Year Built: 1900
  • Stories: 3
  • Living Area: 5,072 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 1685531
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: Ramey And Associates, Inc.

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with covered porch, a front yard, and brick siding

$600,000

500 W Ormsby Ave

$7,125

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$443,950$5,957
2022$410,000$5,576
2021$410,000$5,576
2020$410,000$5,942
2019$443,200$5,945
2018$369,310$4,813
2017$369,310$4,813

History based on county public records data.

Nearby schools

1

Engelhard Elementary School

Public District KG-5

0.5 mi

1004 S 1st St

3

Cochran Elementary School

Public District KG-5

0.6 mi

500 W Gaulbert Ave

1

McFerran Elementary School

Public District KG-5

1.0 mi

1900 S 7th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,452. Residents of Louisville, KY typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

49%
<35k
39%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
6%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
38%
18-34 yrs old
46%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 W Ormsby Ave

The listing price of 500 W Ormsby Ave property is $600,000.

The property 500 W Ormsby Ave is a house located in Louisville, Kentucky, 40203.

Active Listing: 500 W Ormsby Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 500 W Ormsby Ave are: Engelhard Elementary School (GreatSchools Rating 1/10), Cochran Elementary School (GreatSchools Rating 3/10), McFerran Elementary School (GreatSchools Rating 1/10), Noe Middle School (GreatSchools Rating 6/10), Meyzeek Middle School (GreatSchools Rating 7/10), Johnson Traditional Middle School (GreatSchools Rating 4/10), Dupont Manual High School (GreatSchools Rating 10/10), Jefferson County High School (GreatSchools Rating 2/10), Central High Magnet Career Academy (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $5,957 (source: MLS/based on county public records data).

The property at 500 W Ormsby Ave has 8 bedrooms and 5 bathrooms.

The property 500 W Ormsby Ave is 5,072 SqFt (source: MLS/tax record).

The year of construction for 500 W Ormsby Ave is 1900.

This home is located at 500 W Ormsby Ave in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 5,072 square foot home, which was built in 1900, sits on a 0.25 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $600,000.

While more than 235 listings in Louisville, KY in April 2025 were sold above asking price, there were more than 214 listings sold at asking price, and more than 292 were sold below. The inventory of homes for sale in Louisville, KY between March and April 2025 increased by 10.5%. The median list price of listings available in April 2025 was $259,895, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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