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Sold
    • $240,000

    501 Somerset Dr, Lebanon, IN 46052

    2beds
    1,152sqft
    Residential, Single Family Residence
    Built in 1992
    10,454 Square Feet Lot
    $240,100 Zestimate®
    $208/sqft
    $1,896 Estimated rent

    Home value

    $240,100

    $228,000 - $252,000

    $1,896/mo

    Zestimate® history

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    What's special

    Cozy gas-log fireplacePartial privacy fenceInviting patioGenerously sized great roomQuiet cul-de-sacSpacious primary bedroomBeautiful new laminate flooring
    Easy Living Starts Here! Say goodbye to mowing the lawn and hello to low-maintenance living! Tucked away on a quiet cul-de-sac, this charming 2-bedroom, 2-full-bath condo offers comfort and convenience. The generously sized great room features a cozy gas-log fireplace and beautiful new laminate flooring. The spacious primary bedroom offers a large walk-in closet with plenty of storage. Step outside to enjoy the inviting patio, complete with a partial privacy fence-perfect for morning coffee or relaxing at the end of the day. Whether you're looking to downsize or simply enjoy a more carefree lifestyle, this condo is a wonderful place to call home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynda Lambert lynda@mytraditionsrealty.com,

    Traditions Realty, LLC,

    John Bradley 317-446-4666,

    Traditions Realty, LLC

    Bought with:

    Lynda Lambert

    Traditions Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22130111MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Great room
    • Level: Main
    • Area: 322 Square Feet
    • Dimensions: 23x14
    Kitchen
    • Level: Main
    • Area: 162 Square Feet
    • Dimensions: 18x9
    Laundry
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 8x5
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
    • Laundry: Laundry Room
    Features
    • Attic Pull Down Stairs, Cathedral Ceiling(s)
    • Has basement: No
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    Interior area
    • Total structure area: 1,152
    • Total interior livable area: 1,152 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    • Details: Garage Parking Other(Common Lot)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Fencing: Fenced,Partial
    Lot
    • Size: 10,454 Square Feet
    • Features: Cul-De-Sac, Storm Sewer, Street Lights
    Details
    • Parcel number: 061130000001003002
    • Special conditions: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Electric: 100 Amp Service
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle
    • Subdivision: Somerset
    HOA
    • Has HOA: Yes
    • Amenities included: None, Insurance, Maintenance Grounds, Maintenance
    • Services included: Association Home Owners, Entrance Common, Entrance Private, Insurance, Lawncare, Maintenance Grounds, Maintenance
    • HOA fee: $260 quarterly
    • HOA phone: 765-894-7107
    Location
    • Region: Lebanon

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $195,800
    • Annual tax amount: $1,546
    • Date on market: 10/8/2026
    • Cumulative days on market: 12 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/9/2026Sold$240,000$208/sqft
    Source: MIBOR as distributed by MLS GRID #22130111 Report a problem
    10/20/2026Pending sale$240,000$208/sqft
    Source: MIBOR as distributed by MLS GRID #22130111 Report a problem
    10/8/2026Listed for sale$240,000+26.3%$208/sqft
    Source: MIBOR as distributed by MLS GRID #22130111 Report a problem
    4/21/2023Sold$190,000+0.1%$165/sqft
    Source: MIBOR as distributed by MLS GRID #21909360 Report a problem
    3/23/2023Pending sale$189,900$165/sqft
    Source: MIBOR as distributed by MLS GRID #21909360 Report a problem
    3/8/2023Listed for sale$189,900$165/sqft
    Source: MIBOR as distributed by MLS GRID #21909360 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,727 +26%$195,800 +6.4%
    2024$1,371 +2.7%$184,100 +16.2%
    2023$1,334 +16.6%$158,500 +8.4%
    2022$1,144 +13.6%$146,200 +14.1%
    2021$1,008 +4.5%$128,100 +8.3%
    2020$964 +2.1%$118,300
    2019$944 -1.7%$118,300 +5.4%
    2018$961 +0.8%$112,200 -1%
    2017$954 +7.5%$113,300 +3.3%
    2016$887 +11.9%$109,700 +11.6%
    2014$793 +32.2%$98,300 +13.2%
    2013$600 -3.5%$86,800 -2.8%
    2012$621 -2.1%$89,300 -0.2%
    2011$635 +2%$89,500 -0.9%
    2010$622 -11.7%$90,300 -9%
    2009$704 -9.1%$99,200
    2007$775 -16.2%$99,200 +4%
    2006$925 $95,400 +10.2%
    2005-- $86,600
    Find assessor info on the county website

    Neighborhood: 46052

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Central Elementary School
    • 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

    $240,100

    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

    $240,100

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