Lexington, KY | Fayette County Clerk Records
Lis Pendens Report — March 20, 2026
3 new distressed properties — full encumbrance data, equity analysis, owner contact info, and direct links
📅 Filed: March 20, 2026
🏠 3 Properties Analyzed
📋 Source: fayettedeeds.com
💡 What Is a Lis Pendens — and Why Should Investors Care?
A lis pendens (“pending lawsuit” in Latin) is a public notice filed in county land records signaling that litigation affecting the property is underway — foreclosure, lien disputes, tax collection, HOA actions, or other creditor claims. For flippers and wholesalers, these filings surface motivated sellers before a property hits the MLS. The window between filing and court resolution is your opportunity to negotiate directly.
Property 1 of 3
664 Gay Pl, Lexington KY 40505
⚖️ Lis Pendens 3/20/26
🏚️ HUD History
$14,539
Beneficial KY Lien
Filing Details
| Record | 839/284 |
| Parties | Beneficial Kentucky Inc., Lambert Billy W. & Melissa |
| Cross-Ref | 2440/493-032 |
| Subdivision | Meadows, Lot 9, Unit 14-B |
Encumbrances
| Purchase | $99,000 (Mar 2004) |
| Primary Mtg | $98,223 CTX/KHC (2004, status unknown) |
| 2nd Lien | $14,539 Beneficial KY Inc (2006) |
| KHC Lien | $20,000 (2011, may be released) |
📊 Property History — Been Through Foreclosure Before
2002: Lis pendens vs Skidmores
→
2003: HUD forecloses
→
2004: Lamberts buy $99K
→
2006: Beneficial KY lien $14.5K
→
2026: Lis pendens
🔍 Investor Angle: Beneficial Kentucky Inc. — a consumer finance lender — is pursuing a 2006 second mortgage lien of just $14,539. The Lamberts have owned since 2004 and their primary mortgage is 22 years old, suggesting it may be substantially paid down or even paid off. With a Zestimate of $212,700 and the triggering lien only ~$14.5K, there may be real equity here for a pre-foreclosure conversation. The property was HUD-owned before the Lamberts, showing this address has a history of distress that investors have stepped into before.
📞 Owner Contact Info
Lambert Billy W. & Melissa Lambert — 664 Gay Pl, Lexington KY 40505
No phone number found in public web records at time of research. Try WhitePages, TruePeopleSearch, or FastPeopleSearch for current contact info.
Property 2 of 3 — Caution: Near Zero Equity
3255 Aqueduct Dr, Lexington KY 40517
⚖️ Lis Pendens 3/20/26
⚡ Bought Jul 2025
🚨
Nearly Underwater — Foreclosure Filed 8 Months After Purchase
Owner purchased July 2025, financed $340,657 on a ~$342,200 Zestimate. Movement Mortgage filed lis pendens just 8 months later. Very little equity buffer — this is a complex negotiation or short sale situation.
Filing Details
| Record | 839/282 |
| Owner | Cross Julia Jaeger |
| Lender | Movement Mortgage / MERS |
| Cross-Ref | 4141/143-032 |
| Subdivision | Gainesway, Lot 52 Block D |
Encumbrances
| Purchase | ~$335,000 (Jul 2025) |
| 1st Mortgage | $328,932 — Movement Mortgage |
| 2nd Mortgage | $11,725 — Movement Mortgage |
| Total | $340,657 |
🔍 Investor Angle: This is a classic over-leveraged recent purchase — $340K in mortgages on a $342K home with a lis pendens just 8 months after closing. Before Jaeger, GFY Inv Inc held the property as a rental (with Fannie Mae involvement prior — another foreclosure cycle). The rental income potential is strong ($2,271/mo estimated). Best play for experienced investors: contact the owner early about a deed-in-lieu or negotiate a short payoff with Movement Mortgage before the foreclosure sale locks out your options.
📞 Owner Contact Info
Cross Julia Jaeger — 3255 Aqueduct Dr, Lexington KY 40517
No confirmed phone number found via public web records. A person matching this name was found in Lexington KY on Spokeo but no number was verified for this address. Try WhitePages, TruePeopleSearch, or FastPeopleSearch directly.
Property 3 of 3
720 Ellison Ct, Lexington KY 40505
⚖️ Lis Pendens 3/20/26
🏛️ IRS + State Tax
~$150K+
Est. Current Value
HOA + Tax
Multiple Creditors
Filing Details
| Record | 839/320 |
| Parties | KY Dept of Revenue, Lawton Clyde, Liberty Crossing HOA, IRS |
| Cross-Ref | None filed |
| Subdivision | Ellison Townhomes, Lot 22 |
Encumbrances
| Purchase | $99,900 (Jan 2007) |
| 1st Mortgage | $79,920 IndyMac → Newrez/Shellpoint |
| 2nd Mortgage | $19,980 IndyMac → Newrez/Shellpoint |
| Gov’t Liens | IRS + KY Revenue (amounts TBD) |
| HOA Arrears | Liberty Crossing HOA (amount TBD) |
📌 Note on Mortgage: Both mortgages were originally with IndyMac Bank — which famously failed in 2008. These loans passed through FDIC receivership and were just assigned to Newrez LLC / Shellpoint Mortgage Servicing in December 2025, only 3 months before this lis pendens was filed. The fresh servicer assignment and immediate LP suggests the new servicer triggered action on a delinquent loan.
🔍 Investor Angle: Long-term owner (19 years) facing pressure from multiple directions — IRS, state revenue, HOA, and now a freshly activated mortgage servicer. The original purchase was 100% financed ($99,900) but 19 years of payments means significant paydown. Title will be complex given government liens (IRS liens are particularly sticky), but a motivated elderly owner with multiple creditors circling may be open to a negotiated exit. Best approach: direct contact, empathy-first conversation, and a clean cash offer that lets them walk away free and clear.
📞 Owner Contact Info
Lawton Clyde — 720 Ellison Ct, Lexington KY 40505
📱 (859) 293-2793
⚠️ Disclaimer: This number was sourced from public web records (people-search databases) and has not been independently verified. It may belong to a different person, be out of date, or be incorrect. Always confirm identity before discussing property matters.
📊 All Properties at a Glance
| Address |
Owner |
Est. Value |
Key Liens |
Phone (Unverified) |
Flag |
| 664 Gay Pl |
Lambert Billy & Melissa |
$212,700 |
$14,539+ |
Not found |
HUD History |
| 3255 Aqueduct Dr |
Cross Julia Jaeger |
$342,200 |
$340,657 |
Not confirmed |
🚨 Near Zero Equity |
| 720 Ellison Ct |
Lawton Clyde |
~$150K+ |
Mtg + IRS + HOA |
(859) 293-2793 ⚠️ |
Multi-Creditor |
⚠️ Phone numbers sourced from public web records only — not independently verified. See individual property sections for details.
🔎 Do Your Own Due Diligence — Free Resources
⚠️ Data Disclaimer: Property data sourced from Fayette County Clerk public records (fayettedeeds.com) and publicly available real estate data as of March 20, 2026. Encumbrance figures reflect recorded instruments and may not reflect current payoff balances. Always consult a licensed attorney, title company, and real estate professional before making investment decisions.
⚠️ Phone Number Disclaimer: Any phone numbers listed in this report were retrieved from public people-search websites (e.g., WhitePages, Spokeo, TruePeopleSearch) and have not been independently verified. These numbers may be outdated, incorrect, or belong to a different individual. Always confirm the identity of any person you contact before discussing real estate matters.
🤖 AI Disclaimer: This report was researched and written with the assistance of artificial intelligence. While every effort has been made to ensure accuracy, AI systems can make errors, misinterpret records, or miss relevant information. All data should be independently verified through official sources before being relied upon for any investment, legal, or financial decision. This report does not constitute legal or financial advice.
