503 Wallace Ave, Louisville, KY 40207 | MLS# 1718743

$ 385,000
503 Wallace Ave, Louisville, KY 40207,
Active Under Contract

Overview

  • Updated On:
  • June 4, 2026
  • 3 Bedrooms
  • 2 Bathrooms
  • 2,320 ft2

Description

Welcome to 503 Wallace Avenue, a charming Cape Cod nestled in the heart of St. Matthews, just moments from the area’s most popular shops, restaurants, and everyday conveniences. This beautifully maintained home offers 3 bedrooms**, 2 full baths, and 1 half bath, along with a fully finished basement designed for entertaining and everyday living. Step inside to a warm and inviting family room featuring a lovely fireplace and a picturesque bay window overlooking the front yard. Just beyond the main living area, you’ll find a spacious kitchen complete with a cozy breakfast nook, perfect for casual dining and morning coffee. Off the kitchen is a versatile mudroom/office space with direct access to the rear yard, driveway, detached garage, and covered carport. The remainder of the first floor includes two comfortable bedrooms and a beautifully appointed hall bath. Upstairs, you’ll find the space currently utilized as the primary suite**, offering a peaceful retreat with two generous closets and a full bath. The fully finished basement creates the ultimate recreational space for family and friends, featuring a full wet bar, wine cooler, and ample room for gatherings, movie nights, or game days. A cozy gas fireplace anchors the rear corner across from the wet bar, complete with TV hookups above for the perfect entertainment setup. Tucked beneath the stairs, you’ll also find an adorable play nook that adds both charm and functionality. The basement additionally offers excellent storage space alongside the laundry area. Outside, enjoy the wonderful rear yard complete with a stone fire pit area ideal for relaxing and entertaining year-round. The property also includes a detached one-car garage and covered carport for additional parking and storage. Conveniently located near downtown St. Matthews, this home perfectly blends classic Cape Cod charm with modern functionality and exceptional entertaining spaces. **Please note: The second-floor space (approximately 301 sqft) is considered nonconforming by the appraiser that measured the property. However, the current owners have utilized this area as a third bedroom/primary suite.

Address: 503 Wallace Ave, Louisville, KY 40207
State/County:
Zip: 40207
Country: United States
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Property Id : 6558125
Price: $ 385,000
Property Size: 2,320 ft2
Property Lot Size: 0 ft2
Rooms: 10
Bedrooms: 3
Bathrooms: 2
BathroomsFull: 2
TaxLot: 0043
AboveGradeFinishedArea: 1359
BuildingAreaSource: Appraiser
FoundationDetails: Poured Concrete
ListAgentKey: 20180510202002377993000000
BelowGradeFinishedArea: 660
Fencing: Chain Link
StreetNumberNumeric: 503
Roof: Shingle
ConstructionMaterials: Brick
ListAgentFullName: Mac Barlow
InternetAddressDisplayYN: 1
CoListAgentKey: 20131203230527685024000000
ListAgentMobilePhone: 502-938-3283
OnMarketDate: 2026-05-28
BathroomsHalf: 0
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20131203192852274023000000
CoListAgentFullName: John A Stough
ListAgentLastName: Barlow
Cooling: Central Air
FireplacesTotal: 1
StatusChangeTimestamp: May 28, 2026 at 07:04pm
ListAgentFirstName: Mac
MajorChangeType: New Listing
LotSizeUnits: Acres
DocumentsCount: 3
LotSizeSquareFeet: 6421
ListingId: 1718743
CoListAgentFirstName: John
YearBuilt: 1941
SourceSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20260528155636181841000000
ArchitecturalStyle: Cape Cod
Basement: Partially Finished
StateOrProvince: KY
CoListAgentLastName: Stough
ListOfficeName: Kentucky Select Properties
LotFeatures: Sidewalk, Level
OriginatingSystemKey: 20260528155636181841000000
VideosCount: 0
PhotosCount: 41
CoListAgentMlsId: 408
PhotosChangeTimestamp: May 28, 2026 at 07:04pm
BuildingAreaTotal: 1359
Stories: 2
OriginatingSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected, Fuel:Natural
OriginalListPrice: 385000
Sewer: Public Sewer
ListingContractDate: 2026-05-28
StreetSuffix: Ave
OriginatingSystemID: M00000290
LotSizeDimensions: < 1/4 ACRE
StreetNumber: 503
StreetName: Wallace
ListAgentEmail: mbarlow@kyselectproperties.com
ModificationTimestamp: June 4, 2026 at 02:31pm
ListOfficeMlsId: 408
MlsStatus: Active Under Contract
TaxBlock: 0415
LotSizeArea: 0.15
SourceSystemID: M00000290
ParcelNumber: 22041500430000
ListAgentMlsId: 26123
ParkingFeatures: Detached, Entry Rear, Driveway
AssociationFee: 0
DocumentsChangeTimestamp: 2026-05-29T00:09:25Z
Heating: Natural Gas
MajorChangeTimestamp: May 28, 2026 at 07:04pm
CarportSpaces: 1
Directions: Brownsboro Road to Chenoweth Lane to Breckinridge Lane to Willis Ave to Wallace Ave to house
MLSAreaMajor: 03-Clifton/Crescent Hill/St Matthews
LivingAreaSource: Appraiser
GarageSpaces: 1
MLSAreaMinor: 03-Clifton/Crescent Hill/St Matthews
WaterSource: Public
Other Features
Has Cooling System
Has Fireplace
Has Garage
Has Heating System
$ 1,973.97
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,492.72
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