Public Remarks: This wonderful 3 bedroom, 2 full bath house is walking distance to the University of Louisville with easy access to downtown, the medical complex, sporting events, the international airport, and a short drive to The Highlands and Nulu. The bedrooms are all a nice size and have private access. This house features beautiful newly refinished hardwood floors, central air, a remodeled kitchen, remodeled bathrooms, dishwasher, microwave, stove, refrigerator and washer and dryer. There is a large fenced in yard with a deck, an unfinished walkout basement and a one car garage. Laundry/mudroom are on conveniently located the first floor. Whether you're a first-time home buyer or investor, this would be a wonderful property for you.
Sold AS IS; proof of funds/prequalification letter with all offers; response to offers may take several days.
Year
Property tax
Land + Additions
Assessment*
2025
$1,571 (−1.9%)
$7,000 + $117,690
$124,690
2024
$1,601 (−4.3%)
$7,000 + $117,690
$124,690
2023
$1,673 (+66.5%)
$7,000 + $117,690
$124,690
2022
$1,005 (−6.2%)
$7,000 + $117,690
$124,690
2021
$1,071 (+5.5%)
$7,000 + $66,910
$73,910
2020
$1,016 (+2.4%)
$7,000 + $66,910
$73,910
2019
$992 (−0.3%)
$7,000 + $66,910
$73,910
2018
$994 (+1.6%)
$11,000 + $64,080
$75,080
2017
$979 (−0.6%)
$11,000 + $64,080
$75,080
2015
$984 (−1.0%)
$11,000 + $64,080
$75,080
2014
$994 (+22.4%)
$11,000 + $64,080
$75,080
2013
$812
$11,500 + $49,830
$61,330
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
40 ft.
Lot depth
130 ft.
Lot size
5,184 Sq. Ft.
Year renovated
1930
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
1930
Style
Single Family Residential
County
Jefferson County
APN
08050B00370000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Sep 5, 2024 • Final
Hvac residential - new
Install a new Goodman heating and air conditioning system. The project includes a heat pump and a furnace.
HVAC
Apr 1, 2019 • Final
Electrical residential
Restore electrical service to a property where the power has been disconnected for over one year.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40208
Average low and high temperatures (°F)
38
23
48
31
66
44
73
54
75
58
86
69
91
74
87
68
83
63
73
52
58
42
47
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 516 Colorado Ave
$171,798
$3,202 under list price of $175K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $154K to $185K.