Beautifully maintained triplex close to downtown Lebanon. Roof is 8 years old, along with one unit having HVAC under one year old and another unit HVAC is 8 years old. Two units offer 2 bedroom and 1 bath spaces, while the third is a one bedroom/1 bathroom unit. Home offers a great opportunity to afford an investment property that is fully occupied in quickly growing Lebanon. Rental properties are in high demand due to multiple large development projects that will be ongoing for several years to come. This was once an individual residence and could be converted back to a single family home, if desired. Schools, shopping, hospital, and park are all easily accessible. Don't miss out on the opportunity to own this great home!
Sold
$283,775
117 W Ash St, Lebanon, IN 46052
5beds
3baths
--sqft
Multi Family, Triplex
Built in 1950
-- sqft lot
$287,900 Zestimate®
$--/sqft
$1,355 Estimated rent
Home value
$287,900
$262,000 - $317,000
$1,355/mo
Zestimate® history
Owner options
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$1,355/mo
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$1,355/mo
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$1,749/mo
Est. payment
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$1,749/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Pamela Reese 317-519-6280,
Batts Real Estate Group
Bought with:
Peter Stewart
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22066559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Property
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 061036000011026002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Lebanon
Financial & listing details
- Tax assessed value: $174,100
- Annual tax amount: $3,338
- Date on market: 10/4/2025
- Cumulative days on market: 102 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 4/22/2026 | Price change | $950-2.6% |
Source: Zillow Rentals Report a problem | ||
| 4/17/2026 | Price change | $975-2% |
Source: Zillow Rentals Report a problem | ||
| 4/9/2026 | Price change | $995-5.2% |
Source: Zillow Rentals Report a problem | ||
| 4/3/2026 | Price change | $1,050-4.5% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2026 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 2/9/2026 | Sold | $283,775-2.1% |
Source:  MIBOR as distributed by MLS GRID #22066559 Report a problem | ||
| 1/13/2026 | Pending sale | $290,000 |
Source: MIBOR as distributed by MLS GRID #22066559 Report a problem | ||
| 10/4/2025 | Listed for sale | $290,000+517% |
Source: MIBOR as distributed by MLS GRID #22066559 Report a problem | ||
| 6/5/2000 | Sold | $47,000 |
Source: MIBOR as distributed by MLS GRID #9926403 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,318 +5.4% | $174,100 +6.5% |
| 2024 | $3,147 +11.2% | $163,400 +7.4% |
| 2023 | $2,830 +12.1% | $152,200 +9.1% |
| 2022 | $2,523 +5.4% | $139,500 +17.1% |
| 2021 | $2,394 +8.6% | $119,100 +5.2% |
| 2020 | $2,204 +1% | $113,200 +3.9% |
| 2019 | $2,181 +8.3% | $108,900 +7.9% |
| 2018 | $2,015 -2.2% | $100,900 +7.2% |
| 2017 | $2,060 +7.3% | $94,100 +2.4% |
| 2016 | $1,921 -1.9% | $91,900 +5.3% |
| 2014 | $1,957 +1.6% | $87,300 |
| 2013 | $1,927 | $87,300 |
Find assessor info on the county website
Neighborhood: 46052
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Nearby schools
GreatSchools rating
- 5/10Hattie B Stokes Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Lebanon Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Lebanon Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Middle: Lebanon Middle School
- High: Lebanon Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$287,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$287,900
- Indiana
- Boone County
- Lebanon
- 46052
- 117 W Ash St
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