425 South 5th Street, Louisville, KY 40202

Central Business District, Central Louisville, Jefferson
6 Stories
Built in 1995
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By Allison Bartholomew
Welcome to 425 South 5th Street, a building located in Central Business District, Central Louisville, Jefferson in Louisville, KY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1995. This is a relatively tall building with a total of 6 floors. The market value for the land that the building sits on has been listed at $2,430,950. In addition, improvements upon the building have an added value of $3,445,400. In total, the total market value of the property as a whole is $5,876,350. According to local assessors, the total value of the building is currently valued at $5,876,350. Specifically, the value of the land that the property sits on has been assessed at $2,430,950. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1995
Effective Year Built
1995
Bedroom Count
0
Building Condition
Average
Building Quality
C
Construction Type
Tilt-up (pre-cast concrete)
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
6
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Parking Space Count
731
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Fireproof reinforced concrete frames/Non-combustible materials
Property Class
Commercial
Subdivision
LOUISVILLE GALLERIA
Land Acres
0.751
Standard Land Use Code
Parking garage, parking structure
County Land Use Code
unknown
Legal Description 1
0.7505 AC PARCEL 7 LOUISVILLE GALLERIA PB 34 PG 81
Ownership
Current Owner's Name
LOUISVILLE GALLERIA GARAGE LLC
Owner Address - City
BALTIMORE
Owner Address - State
MD
Owner Address - ZIP Code
21202
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Vacant Flag
Address Standardization Based
Vacant Flag Date
Jan 18, 2024
Neighborhood
School District Name
Jefferson County School District
Census Tract
004900
Census Block Code
3070
Census Group
3
Census Year
2020
Census - Combined Statistical Area - Area Code
350
Census - Combined Statistical Area - Area Name
Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Census - County FIPS
21111
Census - Full FIPS
211110049003070
Census - Metro Micro Statistical Area - Area Code
31140
Census - Metro Micro Statistical Area - Area Name
Louisville/Jefferson County, KY-IN
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2148000
Census Source
US Census Bureau
Census State FIPS
21
Census Tract Code
004900
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2102990
School District - Unified - Name
Jefferson County School District
Zoning
Zoning
C3-CENTRAL
Geography
Account Number
00054825
District
102023
Parcel
03014L00070000
Lot Code
unknown
Municipality
LOUISVILLE
Latitude
38.2523
Longitude
-85.7584
FIPS
21111
Mailing Carrier Code
C043
Mailing Street Direction
E
Mailing Full Street Address
601 E PRATT ST STE 600
Mailing House Number
601
Mailing Street Mode
ST
Mailing Street
PRATT
Mailing Unit Number
600
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
3118
Old APN
014L00070000
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-01-19 19:27:14
UCID Flag
C
More About The Building
In total, the building area is listed as 183,000 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 425 South 5th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Central Business District area have a median price of $2,200. Those in the 25th percentile, have a price around $1,500. While those in the 75th percentile, have a price around $3,200. Typically, the buildings in this area have a median sqft of 1,815. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently a total of 4 two bedroom listings. The median price for these types of listings is $2,700. That's $1.93 price per sqft.

  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
425 South 5th Street is located in 40202. There are 6,411 people living here. There are 2,636 households. Most of these households have an average family size of 2.36 people. According to the census, 94% are currently renting while 6% own their homes. The median age of this population is around 37.2 years old. On average, most folks in the zipcode are unmarried. About 5% of folks speak a language other than English in this area. The area's employment rate is currently around 25.7%. Speaking of employment, the median income is $16,500. Most folks will commute by car for around 22.9 minutes. Finally, we know that 33% of residents in the area have graduated with their high school degree. Additionally, 8% and 7% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Jefferson County, Kentucky has a population of 759,724 people. Based on census records, there are 310,355 registered households. Families in this area are on average made up of 3.08 people per household. Most folks are unmarried. They are also typically around 38 years old. Does diversity matter to you? Right now, 9% of folks speak a language other than English here. About 39% rent while 61% purchased their homes. Right now, the community is made up of 27% of residents who have graduated with at least a high school degree. On top of that, 19% have a Bachelor's degree and 13% have a Master's degree. The employment rate is currently around 61%. Those employed, have a median income of $50,099. If you move here, you can expect to commute mostly by car for around 22.1 minutes.

Finally, let's take a look at the stats related to Louisville/Jefferson County, KY - IN Urban Area. The urban area is home to 999,193 people. A total of 397,454 households are registered here. With average family sizes being listed at 3.12 people. About 28% of residents have graduated with a high school degree. Of the rest, 18% have their Bachelor's and 12% have their Master's degree. Folks speaking a language other than English, make up about 8% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 22.5 minutes. Speaking of your commute, 61% of people in this area are employed. The recorded median income is currently at $51,322 per year. The median population age has been listed at 38 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 36% of the population while homeowners are at about 64% of the population.
-
Studio Median Rent
-
1BR Median Rent
$2,700
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
02
04
06
31
63
31X
61X
S 5th @ W Muhammad Ali (Under 500 ft - 3 min walk)
Transit Authority of River City
17
40
71
72
17X
40X
52
Liberty @ 5th (Under 500 ft - 3 min walk)
Transit Authority of River City
19
21
52
Muhammad Ali @ 4th (Under 500 ft - 3 min walk)
Transit Authority of River City
19
21
52
Muhammad Ali @ Armory Place (Under 500 ft - 3 min walk)
Transit Authority of River City
02
04
06
31
63
31X
61X
S 5th @ W Jefferson (580 ft - 3 min walk)
Transit Authority of River City

Nearby Schools

(within attendance boundary)
Engelhard Elementary  •  1 mi
1004 S First St, Louisville, KY 40203
Public  •  Elementary  •  Grades KG to 5
Jefferson County School District
Highland Middle  •  3.47 mi
1700 Norris Place, Louisville, KY 40205
Public  •  Middle School  •  Grades 6 to 8
Jefferson County School District
Eastern High  •  12.62 mi
12400 Old Shelbyville Rd, Middletown, KY 40243
Public  •  High School  •  Grades 9 to 12
Jefferson County School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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