NOT LISTED FOR SALE

503 N Meridian St Lebanon, IN 46052

Estimated Value: $171,000 - $269,000

3 Beds
2 Baths
1,648 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $80,000 $49 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,445/month

About This Home

As of March 2020

501/503 N Meridan. Front unit is 2/1 with potential to be 3/1. Back unit is 1/1. Gas utilities. Each unit separate meter and separate HVAC/wtr heater. Property also has detached garage with electrical. Lebanon schools.

Last Agent to Sell the Property

Ryan Hakes

Grace & Agape Real Estate Services License #RB14050326 Listed on: 02/24/2020

Co-Listed By

Ryan Dossey

Unassigned License #RB15001099

Last Buyer's Agent

Matt Taylor

D.M. Taylor Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,667 Sq Ft Lot
  • Mature Trees

Interior Spaces

  • 2-Story Property

Community Details

  • Maplewood Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 061131000006023002

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1890
  • Co List Office Phone: 317-410-0505
  • Lot Size Acres: 0.176
  • Structure Type: Duplex
  • Subdivision Name: MAPLEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: 501/503 N Meridan. Front unit is 2/1 with potential to be 3/1. Back unit is 1/1. Gas utilities. Each unit separate meter and separate HVAC/wtr heater. Property also has detached garage with electrical. Lebanon schools.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • List Price: 72000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 061131000006023002
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: .
  • Lot Size: 7,667

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2270
  • Semi Annual Property Tax Amt: 1135
  • Tax Exemption: None

MLS Schools

  • School District: Lebanon Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 6, 2020
Sold by
Stewardship Indiana Llc
Bought by
Haven Property Management Llc
Seller's Agent
Ryan Hakes
Grace & Agape Real Estate Services
Buyer's Agent
Matt Taylor
D.M. Taylor Realty LLC
List Price
$72,000
Sold Price
$80,000
Premium/Discount to List
$8,000
11.11%
Current Estimated Value
$221,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,758
Avg. Annual Appreciation
19.66%
Original Mortgage
$250,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2019
Sold by
Calendula Connections Inc
Bought by
Stewardship Indiana Llc
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Haven Property Management Llc -- Royal Title Services
Stewardship Indiana Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haven Property Management Llc $324,045
Closed Haven Property Management Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $80,000 0.0% $49 / Sq Ft
02/25/2020 02/25/20 Off Market $80,000 -- --
02/24/2020 02/24/20 For Sale $72,000 -- $44 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $2,871 $140,400 $14,200 $126,200
2023 $2,655 $128,400 $14,200 $114,200
2022 $2,351 $114,900 $14,200 $100,700
2021 $1,990 $104,600 $14,200 $90,400
2020 $1,987 $117,500 $14,200 $103,300
2019 $2,303 $112,800 $14,200 $98,600
2018 $2,290 $105,000 $14,200 $90,800
2017 $2,106 $98,400 $14,200 $84,200
2016 $2,151 $96,000 $14,200 $81,800
2014 $2,195 $97,900 $14,200 $83,700
2013 $2,161 $97,900 $14,200 $83,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hakes

    Seller's Agent in 2020

    Ryan Hakes

    Grace & Agape Real Estate Services

    (317) 410-0505

    1 in this area

    85 Total Sales

    Ryan Hakes
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Ryan Dossey

    Unassigned

    3 Total Sales

    Ryan Dossey
    Section Image

  • M

    Buyer's Agent in 2020

    Matt Taylor

    D.M. Taylor Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696675

MIBOR Broker Listing Cooperative®

APN: 06-11-31-000-006.023-002

Indiana Boone County Lebanon 46052

503 N Meridian St, Lebanon, IN

This home is located at 503 N Meridian St, Lebanon, IN 46052 since 24 February 2020 and is currently estimated at $221,758, approximately $134 per square foot. This property was built in 1890. 503 N Meridian St is a home located in Boone County with nearby schools including Central 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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