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Sold
    • $399,000

    514 E Washington St, Lebanon, IN 46052

    8beds
    5baths
    --sqft
    Multi Family, Triplex
    Built in 1900
    -- sqft lot
    $407,300 Zestimate®
    $--/sqft
    $1,208 Estimated rent

    Home value

    $407,300

    $371,000 - $448,000

    $1,208/mo

    Zestimate® history
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    What's special

    Excellent Investment Opportunity! Updated triplex offering strong rental demand and steady income. Property features one spacious 4-bedroom unit and two 2-bedroom units. Four bedroom unit, and one of the 2 bedroom units, has 2 full baths. Major updates include new steel foundation beams (2025) and a new sewer main (2022), giving peace of mind to future owners. Conveniently located near downtown Lebanon with high rental demand.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynda Lambert 765-481-9210,

    Traditions Realty, LLC,

    John Bradley 317-446-4666,

    Traditions Realty, LLC

    Bought with:

    Peter Stewart

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22059157MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    • Details: Unit Parking(1 Car Garage, On Street, Paved Area, Unpaved)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,583 Square Feet
    • Features: Access, Corner Lot
    Details
    • Parcel number: 061131000319000002

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family, Triplex
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Concrete Perimeter, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Richardson Longley
    Location
    • Region: Lebanon

    Financial & listing details

    • Tax assessed value: $396,600
    • Annual tax amount: $7,664
    • Date on market: 8/28/2025
    • Cumulative days on market: 33 days
    • Tenant pays: All Utilities, Insurance
    • Road surface type: Concrete

    Price history

    DateEventPrice
    11/10/2025Sold$399,000
    Source: MIBOR as distributed by MLS GRID #22059157 Report a problem
    9/30/2025Pending sale$399,000
    Source: MIBOR as distributed by MLS GRID #22059157 Report a problem
    8/28/2025Listed for sale$399,000+12.4%
    Source: MIBOR as distributed by MLS GRID #22059157 Report a problem
    4/7/2022Sold$355,000+1.4%
    Source: MIBOR as distributed by MLS GRID #21842156 Report a problem
    3/11/2022Pending sale$350,000
    Source: MIBOR as distributed by MLS GRID #21842156 Report a problem
    3/10/2022Listed for sale$350,000+107.1%
    Source: MIBOR as distributed by MLS GRID #21842156 Report a problem
    12/4/2015Listing removed$169,000
    Source: Berkshire Hathaway Home #21386458 Report a problem
    11/7/2015Price change$169,000-3.4%
    Source: Berkshire Hathaway Home #21386458 Report a problem
    7/20/2015Listed for sale$174,900
    Source: Berkshire Hathaway Home #21366152 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,644 +4.7%$396,600 +5.4%
    2024$7,303 +59%$376,400 +6.6%
    2023$4,592 +69.7%$353,200 +56%
    2022$2,706 +4%$226,400 +21.2%
    2021$2,602 +7.2%$186,800 +3%
    2020$2,428 -16.2%$181,400 +2.3%
    2019$2,896 +11.7%$177,300 -8.6%
    2018$2,593 -3.5%$193,900 +8.2%
    2017$2,687 -1.2%$179,200 +1%
    2016$2,719 -4.4%$177,500 -4.3%
    2014$2,843 +1.8%$185,400
    2013$2,792 +4.6%$185,400 +1.8%
    2012$2,668 +82%$182,200 +19.6%
    2011$1,466 +10.2%$152,400 +4%
    2010$1,331 +2%$146,500 -2.3%
    2009$1,305 -7.3%$150,000 +2.4%
    2007$1,408 -34.8%$146,500 -25.3%
    2006$2,159 $196,000 +52.1%
    2005-- $128,900
    Find assessor info on the county website

    Neighborhood: 46052

    Nearby homes

    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
    $407,300
    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
    $407,300

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