467 N Adams Ave Lebanon, MO 65536
Estimated payment $146/month
About This Home
Historic Home Rebuild Opportunity This is a true rebuild opportunity for an investor or builder looking to restore and modernize a historic home in a prime in-town location and is being sold in 'as-is' condition. Originally built in 1882, this 2-bedroom, 1-bath home sits on a 150' x 45' lot just 2 blocks off Main Street, 1 block from the grocery store, and directly across from a youth sports complex. The location alone makes this a rare find at this price point. The home is not a cosmetic rehab and is priced accordingly. It offers the opportunity to rework the layout and expand, including the potential to add a second-story primary suite off the back while maintaining the existing footprint. The property has been rezoned commercial, which allows the existing structure to be rebuilt and expanded, but removing it would require construction of a commercial building. This creates a unique opportunity for an investor focused on rebuilding a residential home rather than starting from scratch. The home has been inspected by a structural engineer, and the city has indicated they will work with the new owner on obtaining permits, providing a clearer path forward for the right buyer. The long, deep lot allows for rear parking and access, and the existing shed provides additional flexibility during construction or future use.
Home Details
Home Type
- Single Family
Year Built
- Built in 1882
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 45'x150'
Interior Spaces
- 837 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Lebanon Elementary School
- Lebanon High School
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Laclede Not In List Subdivision
Listing and Financial Details
- Assessor Parcel Number 13-1.0-11-002-005-010.000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $143 | $1,750 | $0 | $0 |
| 2024 | $143 | $2,510 | $0 | $0 |
| 2023 | $147 | $2,510 | $0 | $0 |
| 2022 | $137 | $2,510 | $0 | $0 |
| 2021 | $151 | $13,200 | $13,000 | $200 |
| 2020 | $152 | $2,508 | $2,470 | $38 |
| 2019 | $146 | $2,510 | $2,470 | $40 |
| 2018 | $461 | $8,460 | $2,470 | $5,990 |
| 2017 | $438 | $8,460 | $0 | $0 |
| 2016 | $437 | $8,460 | $0 | $0 |
| 2015 | $437 | $8,460 | $0 | $0 |
| 2014 | $437 | $8,460 | $0 | $0 |
| 2013 | -- | $8,460 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $25,000 | -- | $30 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Hogan Land Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional |
Source: Southern Missouri Regional MLS
MLS Number: 60322007
APN: 13-1.0-11-002-005-010.000
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Ask me questions while you tour the home.