$175,000 (Sold)

424 N Lebanon Street Lebanon, IN 46052

Property Description
Great income property in this 4-unit apartment building, located in the heart of downtown Lebanon within steps to the shops, restaurants, library, park and courthouse. Excellent long-term leasing history with low expense for strong ROI. All apartments individually metered. Main floor features Two 2BR units that each have access to private, oversized, 1C garages. Upper floor offers two 1BR units. A third garage bay is available & presently used for storage. Annual gross income potential at $24,240. Sold with tenants' rights. Please do not disturb the tenants!
Address:424 Lebanon Street Lebanon IN 46052
Sold On: 7/29/2019
Bathrooms:0 Baths
Year Built:1900
Lot Size:0.17
School System : Lebanon Community
MLS #:21641889
Property Type:1-4 Units Residential

Lot Dimensions:60x120
Road Access:Frontage Road, CityStreet
Road Surface:Asphalt
Lot Features:Access Alley, Corner, Curbs, Sidewalks, Storm Sewer
Building Utilities:Separate Electric Meter, Separate Gas Meter, Cable Available, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:From I-65, EXIT #139 SR 39: north to approx 1/4 mile beyond courthouse, on the west side of 39. NO SIGN.
Sq. Ft. Source:Assessor
Loan Price
Price And Interest $913/month
Property Tax $157/month
MTG INS $0/month
HOME INS $73/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Richard Leibold
Richard Leibold

Senior Loan Officer

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Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$940
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:As-Is, Sales Disclosure Not Required
Zip Code:46052
School System:Lebanon Community
Exterior Features:Driveway Gravel
Exterior Type:Vinyl
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768

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Listing provided courtesy of Carpenter, REALTORS®.

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