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502 E South Street

Lebanon, IN 46052

– beds
– baths
– sqft
5,663 sqft lot
1881 build

Introducing an UPDATED DUPLEX perfect for investors or multi-family living! This charming property offers two distinct units. Lower Unit: Features 2 bedrooms with natural wood floors, plus a versatile 3rd room that can serve as an office or additional bedroom. The kitchen boasts granite counter tops, perfect for modern living. Nice sized bathroom. A 1-car garage with a separate workshop area for DIY projects or extra storage. Plus, a spacious basement. Upper Unit: Enjoy a huge living area, perfect for relaxing or entertaining. The large bedroom offers ample space and comfort. The kitchen is newly renovated with modern finishes, and there's a separate laundry area for convenience. This duplex is an ideal investment with updated features, plenty of storage, and flexible living spaces. Don't miss out! Current rental rates leave a good opportunity for increases.

Listing courtesy of MIBOR / Keller Williams Indpls Metro N

Last checked: Checking… • Last updated Sep 27, 2024 •

MLS# 22000812 —

The Building

Year Built:

1881
New Construction:

false
Construction Materials:

Stucco
Architectural Style:

TraditonalAmerican
Levels:

Two
Roof:

Asphalt
Basement:

true
Security Features:

Smoke Alarm
Direction Faces:

West
Green Certification:

No

Interior

Laundry Features:

Connections All

Location

Directions:

GPS Friendly
Latitude:

40.046554
Longitude:

-86.463592

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Parcel Number:

061131000182000002
Acres:

<1/4 Acre
Lot Features:

Access, Sidewalks, Storm Sewer, Not In Subdivision
Lot Size Acres:

0.13
Lot Size SqFt:

5,663 Sqft
Price Per Acre:

1884608
Zoning:

Residential
Structure Type:

Duplex
View:

false
Waterfront:

false
Fence:

No
Current Use:

Residential
Road Access:

Frontage Road
Road Frontage Type:

Highway

Listing Agent

Contact info:

Taxes

Tax Lot:

1
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

1959

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Electric

Utilities

Building Utilities:

Separate Gas Meter
Solid Waste:

No

Schools

Elementary School:

Hattie B Stokes Elementary School
Middle Or Junior School:

Lebanon Middle School
High School:

Lebanon Senior High School
High School District:

Lebanon Community School Corp

The Community

Subdivision Name:

No Subdivision

Parking

Parking:

1 Car Garage,On Street
Parking Features:

Attached
Garage Spaces:

1

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/27/24 Sep 27, 2024	Price Changed	MIBOR	$244,999	-3.9%
9/10/24 Sep 10, 2024	Listed / Active	MIBOR	$254,999
1/20/23 Jan 20, 2023	Price Changed	MIBOR

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This multifamily located in Lebanon, IN 46052 is currently for sale for $244,999. 502 E South Street is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Lebanon High School, Hattie B. Stokes Elementary School, and Lebanon Middle School.

Listing Courtesy of: MIBOR and Keller Williams Indpls Metro N.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.

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