The axion modified electrodynamics is usually used as a model for description of possible violation of Lorentz invariance in field theory. The low-energy manifestation of Lorentz violation can hopefully be observed in experiments with the electromagnetic waves. It justifies the importance of study how a small axion addition can modify the wave propagation. Although a constant axion does not contribute to the dispersion relation at all, even a slowly varying axion field destroys the light cone structure. In this paper, we study the wave propagation in the axion modified electrodynamics in the framework of premetric approach. In an addition to the modified dispersion relation, we derive the axion generalization of the photon propagator in Feynman and Landau gauge. Our consideration is free from the usual restriction of a usual restriction to the constant gradient axion field. It is remarkable that the axion modified propagator is hermitian. Consequently the dissipation effects absent even in the phenomenological model considered here. The axion itself can be considered as a fundamental field. Recently some signals on the axion field observations in PVLAS experiments was reported [9]. The new observations, however, do not show the presence of a rotation and ellipticity signals and thus stand a strong upper limit on axion contributions to an optical rotation generated in vacuum by a magnetic field [9].Alternatively, the axion can be viewed as an effective field constructed, for instance, from torsion [10], [11], [12], [13]. Astrophysics consequences of such torsion induced axion models are recently studied intensively, see [14], [15]. Moreover, the linear magnetoelectric effects of Cr 2 O 3 find a satisfactory explanation in term of a macroscopic axion field, see [16]. Some mechanisms that actually lead to axion-type modifications of electrodynamics were proposed recently in [17] and in [18].The axion modified electrodynamics is usually formulated by adding a topological Chern-Simons term to the Maxwell Lagrangian [1], [2], [3]. We apply here an alternative premetric approach to classical electrodynamics [19], [20], [21]. In this construction, the axion field emerges in a natural way as an irreducible part of a general constitutive tensor. In the premetric formalism, one starts with two independent antisymmetric fields: the electromagnetic strength F ij and the excitation field H ij . Here the Roman indices range from 0 to 3. The Maxwell equations are given bywhere the commas denote the ordinary partial derivatives, ǫ ijkl is the Levi-Civita permutation tensor normalized with ǫ 0123 = −ǫ 0123 = 1. The fields F ij and H ij are not independent one on another. For a wide range of physical effect, they can be assumed to be related by a linear homogeneous constitutive lawBy definition, the constitutive pseudotensor is antisymmetric in two pairs of indices. Hence it has, in general, 36 independent components. Its irreducible decomposition under the group of linear transformations involves three independent pieces. One of ...