$225,000

2040 Indianapolis Ave Lebanon, IN 46052

Estimated payment $1,444/month

Total Views 1,441
0.86 Acre
$261,628 Price per Acre
37,462 Sq Ft Lot

About This Lot

Position your business for success with this versatile commercial property, ideally located in the growing community of Lebanon. Boasting outstanding visibility from I-65 and convenient access to major roadways, this lot offers unmatched exposure and accessibility for your next project. Flat and build-ready, the site is perfectly suited for a wide range of uses, and ready for it to make it your own.

Listing Agent

Jon Bell

@properties License #RB14047647 Listed on: 08/25/2025

@properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,640

Lot Details

  • 0.86 Acre Lot

Schools

  • Lebanon Middle School
  • Lebanon Senior High School

Community Details

  • Lebanon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060705000004000002

Property Details

Property Type

Land

Est. Annual Taxes

$2,640

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.86
  • Road Frontage Type: Highway, Interstate
  • Road Surface Type: Asphalt
  • Subdivision Name: Lebanon
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • List Price: 225000
  • Other Structures: No Building
  • Topography: Cleared,Level
  • Road Access: Not Applic
  • Water: Municipal Water on Site

Utilities

  • Sewer: Public Sewer
  • Solid Waste: No

Schools

  • Middle Or Junior School: Lebanon Middle School

Lot Info

  • Development Status: Finished Lot(s)
  • Horse Amenities: None
  • Lot Size Sq Ft: 37636
  • Parcel Number: 060705000004000002
  • Zoning: Planned Business Commerci
  • Acres: 1/2-1 Acre
  • Land Characteristics: City,Irregular Lot
  • Present Zoning: Commercial
  • Price Acre: 261628
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2640
  • Tax Lot: NA
  • Semi Annual Property Tax Amt: 1320

MLS Schools

  • High School: Lebanon Senior High School

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,639 $51,300 $30,200 $21,100
2023 $1,414 $68,400 $47,300 $21,100
2022 $1,407 $68,400 $47,300 $21,100
2021 $1,435 $66,800 $47,300 $19,500
2020 $1,122 $52,100 $32,600 $19,500
2019 $1,074 $52,100 $32,600 $19,500
2018 $1,146 $52,100 $32,600 $19,500
2017 $1,112 $51,500 $32,600 $18,900
2016 $1,163 $51,500 $32,600 $18,900
2014 $3,201 $139,900 $32,600 $107,300
2013 $3,088 $139,900 $32,600 $107,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $225,000 +9.8% --
12/29/2023 12/29/23 Sold $205,000 -18.0% --
10/12/2023 10/12/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $250,000 +22.0% --
05/16/2023 05/16/23 Off Market $205,000 -- --
05/08/2023 05/08/23 For Sale $250,000 0.0% --
02/06/2023 02/06/23 Pending -- -- --
04/16/2022 04/16/22 For Sale $250,000 0.0% --
04/11/2022 04/11/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $250,000 -16.7% --
11/17/2021 11/17/21 For Sale $300,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed $205,000 Near North Title Group
Deed $205,000 Near North Title Group
Warranty Deed -- First American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $405,000 Commercial
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22058207

MIBOR Broker Listing Cooperative®

APN: 06-07-05-000-004.000-002