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Sold for $235,000
  • $235,000

    309 E Market St Unit 408, Louisville, KY 40202

    1beds
    796sqft
    Condo
    Built in 1889
    -- sqft lot
    $237,900 Zestimate®
    $295/sqft
    $1,447 Estimated rent

    Home value

    $237,900

    $224,000 - $255,000

    $1,447/mo

    Zestimate® history
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    $1,794/mo

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    $1,794/mo

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    What's special

    Wow! Check out this NEW PRICE on this incredible condo!!!! It's easy living at the Mercantile Lofts and this TOP fourth-floor unit (so there is no one above you) is sleek, modern and ready to be experienced. Offering nice views of the courtyard and city skyline, Unit 408 affords has one of the best layouts in the building (with a separate bedroom) AND you all conveniences of downtown luxury living. You get to experience urban living at its finest with close proximity to all of downtowns hot spots that include KFC Yum! Center, the new LouCity FC soccer stadium, NULU, Louisville Slugger Stadium, Waterfront Park, Kentucky Arts Center and SO MUCH MORE! Unit 408 provides a perfect blend of historic character with modern living... one of the few original factory doors has been painted and mounted right next to Unit 408's door; inside you will find stained concrete flooring, 15-foot ceilings, exposed (but painted) brick, an updated kitchen with solid wood cabinetry, stainless-steel appliances and granite countertops with barstool seating as well as ample room for a dining table if you so desire. The large living room provides an incredible amount of space and is situated perfectly for entertaining and/or relaxing! The nicely-sized and updated bathroom comes with a walk-in ceramic tiled shower and full-height frameless glass doors. The separate and private bedroom has great light and a walk-in closet with custom shelving and drawers. A full-sized washer and dryer is located inside the unit (that affords additional storage options as well). The Mercantile Lofts offer unparalleled amenities including a full gym/workout facility, fireplace with lounge/conference room, billiard and poker tables, library, secure outdoor courtyard green space with BBQ grills, a catering kitchen, bicycle garage, common laundry room, secure parking on site and a below ground storage unit. In addition, the building offers a state-of-the art security system. Unit 408 does come with a one-car covered parking space in the garage. Do yourself a favor and schedule your showing today!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Common Area, In Unit
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 796 sqft
    • Finished area below ground: 0.00

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Details: Off-Street Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Brick
    Lot
    • Size: 137.7 Acres
    • Features: Level, Sidewalk
    • Topography: Level
    Details
    • Additional structures: Garage(s)
    • Parcel number: 04017Z04080000
    • Wooded area: 0

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1889

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected, Sewer Connected

    Community & HOA

    Community
    • Features: Fitness Center
    • Security: Security Service, Secured Bldg
    HOA
    • Has HOA: Yes
    • Amenities included: Security, Trash, Water, Fitness Center, Laundry, Elevator(s), Snow Removal, Maintenance Grounds, Additional Strg, Pets Allowed per Restrictions, Secured Bldg, Laundry Located in Unit, Sewer, Insurance, Maintenance, Rental Allowed
    • Services included: Snow Removal, Trash, Maintenance Grounds, Water, Sewer, Security, Exterior Maint., Mstr Ins
    • HOA fee: $283 monthly
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $214,380
    • Annual tax amount: $2,701

    Price history

    DateEventPrice
    6/16/2025Sold$235,000+14.9%$295/sqft
    Source: Public Record Report a problem
    6/3/2020Sold$204,500-1.9%$257/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1549297 Report a problem
    4/22/2020Pending sale$208,500$262/sqft
    Source: Kentucky Select Properties #1549297 Report a problem
    12/10/2019Price change$208,500-5.2%$262/sqft
    Source: Kentucky Select Properties #1549297 Report a problem
    8/24/2019Listed for sale$219,900+4.7%$276/sqft
    Source: Kentucky Select Properties #1541153 Report a problem
    12/30/2017Listing removed$1,450$2/sqft
    Source: PRG Commercial Property Advisors Report a problem
    8/14/2017Price change$1,450-9.4%$2/sqft
    Source: PRG Commercial Property Advisors Report a problem
    7/7/2017Price change$1,600+3.2%$2/sqft
    Source: PRG Commercial Property Advisors Report a problem
    6/15/2017Price change$1,550-2.8%$2/sqft
    Source: Rainey, Jones & Shaw REALTORS #1475334 Report a problem
    4/8/2017Price change$1,595-7.5%$2/sqft
    Source: Owner Report a problem
    3/30/2017Sold$210,000-12.1%$264/sqft
    Source: Public Record Report a problem
    3/30/2017Listed for rent$1,725$2/sqft
    Source: Owner Report a problem
    4/17/2008Sold$239,000$300/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,701 -1.9%$214,380
    2024$2,753 -4.3%$214,380
    2023$2,877 +3.4%$214,380 +4.8%
    2022$2,781 -6.7%$204,500
    2021$2,982 -9.2%$204,500 -14.4%
    2020$3,284 $239,000
    2019$3,284 +3.8%$239,000
    2018$3,165 $239,000
    2017$3,165 +32.4%$239,000
    2013$2,390 $239,000
    Find assessor info on the county website

    Neighborhood: Central Business District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Jefferson

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $237,900
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    With Zillow Showcase(estimated)
    $242,658