$193,000
SOLD AUG 29, 2024

531 S Meridian St Lebanon, IN 46052

3 Beds
3 Baths
2,064 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

1% Below List Price

30 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Carpeted
  • Level Lot

About This Home

As of August 2024

Make this triplex part of your portfolio today! Unit #3 recently rehabbed. Furnace and AC unit replaced 2019. Newer roof and water heater.

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

  • $2,858

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56x120
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,064 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 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

  • The owner pays for electric, fuel, sewer, tax, trash collection, water
  • Assessor Parcel Number 06-10-36-000-247.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,620
  • Fuel Expense $1,500
  • Insurance Expense $792
  • Maintenance Expense $600
  • Water Sewer Expense $2,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,858

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Age: 144
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: RODEFERS SP & MC L LOT 02
  • Parcel Number ID: 06-10-36-000-247.000-002
  • Platted: Yes
  • Sp Lp Percent: 98.97
  • Monthly Gross Income: 2425
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2064
  • Total Finished Sq Ft: 2064
  • Above Grade Finished Sq Ft: 2064
  • Price Per Sq Ft: 93.51
  • Basement Foundation: Crawl
  • Flooring: Laminate, Part Carpet
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1620
  • Annual Fuel Expense: 1500
  • Annual Insurance Expense: 792
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 2280
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

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: 56x120
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Sewer, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2858

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 28, 2024
Sold by
Windjammer Investment Properti
Bought by
Ntm Properties Llc
Seller's Agent
Heather Roth
F.C. Tucker/Shook
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$195,000
Sold Price
$193,000
Premium/Discount to List
-$2,000
-1.03%
Views
3
Current Estimated Value
$190,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,333
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Jul 1, 2021
Sold by
Us Home Vault Llc
Bought by
Windjammer Investment Properties 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 Type Sale Price Title Company
Deed $193,000 Ata National Title Group Of In
Warranty Deed $75,000 None Available
Warranty Deed $30,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 For Rent $985 0.0% --
08/29/2024 08/29/24 Sold $193,000 -1.0% $94 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $195,000 -- $94 / Sq Ft
Source: Indiana Regional MLS

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 $2,999 $146,700 $14,800 $131,900
2023 $2,857 $138,200 $14,800 $123,400
2022 $2,491 $121,800 $14,800 $107,000
2021 $2,181 $102,000 $14,800 $87,200
2020 $2,031 $95,100 $14,800 $80,300
2019 $1,902 $93,000 $14,800 $78,200
2018 $1,884 $86,200 $14,800 $71,400
2017 $1,703 $79,400 $14,800 $64,600
2016 $1,767 $78,700 $14,800 $63,900
2014 $1,704 $76,000 $14,800 $61,200
2013 $1,678 $76,000 $14,800 $61,200
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

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Map

Source: Indiana Regional MLS

MLS Number: 202427380

Indiana Regional MLS

APN: 06-10-36-000-247.000-002

Indiana Boone County Lebanon 46052

531 S Meridian St, Lebanon, IN

This home is located at 531 S Meridian St, Lebanon, IN 46052 and is currently priced at $193,000, approximately $93 per square foot. This property was built in 1880. 531 S Meridian 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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