$250,000
SOLD AUG 29, 2024

223 S East St Lebanon, IN 46052

5 Beds
4 Baths
2,946 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

9% Below List Price

5 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding
  • Partially Carpeted

About This Home

As of August 2024

This 4plex would make a great addition to your portfolio. Generating $2925/month in rents. Roof is 10 years old and 3 of the units were rehabbed in 2023.

Last Agent to Sell the Property

Heather Roth

F.C. Tucker/Shook Listed on: 07/23/2024

F.C. Tucker/Shook

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1920

Lot Details

  • 5,750 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2,946 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Stokes Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, tax, water
  • Assessor Parcel Number 06-11-31-020-009.024-002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $804
  • Maintenance Expense $600
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,840

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1920
  • Age: 104
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: SP & MC L BLK 20 LOT 7
  • Parcel Number ID: 06-11-31-020-009.024-002
  • Platted: Yes
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 2925
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2946
  • Total Finished Sq Ft: 2946
  • Above Grade Finished Sq Ft: 2946
  • Price Per Sq Ft: 84.86
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Laminate, Part Carpet
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 804
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 2

Schools

  • School District: Lebanon Community School Corp.
  • Elementary School: Stokes
  • Middle School: Lebanon
  • High School: Lebanon
  • Elementary School: Stokes

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .132
  • Estimated Lot Sq Ft: 5750
  • Estimated Lot Size Acres: 0.132

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2925
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2840

MLS Schools

  • High School: Lebanon
  • Middle School: Lebanon
  • School District: Lebanon Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Rent $900 0.0% --
08/29/2024 08/29/24 Sold $250,000 -9.1% $85 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $275,000 +685.7% $93 / Sq Ft
11/15/2013 11/15/13 Sold $35,000 -73.1% $28 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
03/05/2012 03/05/12 For Sale $129,900 -- $104 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Roth

    Seller's Agent in 2024

    Heather Roth

    F.C. Tucker/Shook

    (765) 490-5635

    3 in this area

    120 Total Sales

    Heather Roth
    Section Image

  • L

    Buyer's Agent in 2024

    LAF NonMember

    NonMember LAF

  • P

    Seller's Agent in 2013

    Patricia Cutsinger

    F.C. Tucker Company

    Section Image

  • N

    Buyer's Agent in 2013

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2013

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202427388

Indiana Regional MLS

Indiana Boone County Lebanon 46052

223 S East St, Lebanon, IN

This home is located at 223 S East St, Lebanon, IN 46052 and is currently priced at $250,000, approximately $84 per square foot. This property was built in 1920. 223 S East St is a home located in Boone County with nearby schools including Hattie B. Stokes Elementary School, Lebanon Middle School, and Lebanon Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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