520 Somerset Dr
Lebanon, IN 46052
2 bd 2 ba 1,180 sqft Built 1992 Lot 3,920 sqft condo
Most recent sale
$153,801
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2023 | Sold | $181,055 | Public Record |
| Jun 14, 2022 | Sold | $180,000 | MIBOR |
| May 20, 2022 | Listed | $174,900 | MLS #21857981 |
| May 9, 2022 | Sold | $153,801 | Public Record |
| Dec 7, 2011 | Sold | $85,000 | Public Record |
| Dec 1, 2011 | Sold | $105,000 | Public Record |
| Nov 2, 2011 | Listing removed | $87,500 | MIBOR |
| Oct 1, 2011 | Price changed | $87,500 | MLS #21136516 |
| Sep 21, 2011 | Price changed | $92,500 | MLS #21136516 |
| Aug 10, 2011 | Listed | $97,500 | MLS #21136516 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $202,700 | $8,700 | $211,400 | $1,571 |
| 2024 | $202,700 | $8,700 | $211,400 | $1,932 |
| 2023 | $180,600 | $8,700 | $189,300 | $1,772 |
| 2022 | $129,800 | $8,700 | $138,500 | $1,191 |
| 2021 | $112,200 | $8,700 | $120,900 | $1,001 |
| 2020 | $102,800 | $8,700 | $111,500 | $870 |
| 2019 | $102,800 | $8,700 | $111,500 | $833 |
| 2018 | $96,800 | $8,700 | $105,500 | $805 |
| 2017 | $97,900 | $8,700 | $106,600 | $805 |
| 2016 | $94,400 | $8,700 | $103,100 | $791 |
| 2015 | $93,500 | $8,700 | $102,200 | $751 |
| 2014 | $83,400 | $8,700 | $92,100 | $651 |
| 2013 | $72,300 | $8,700 | $81,000 | $450 |
| 2012 | $74,500 | $8,700 | $83,200 | $471 |
| 2011 | $83,000 | $8,700 | $91,700 | $652 |
| 2009 | $93,400 | $8,700 | $102,100 | $738 |
| 2008 | $93,400 | $8,700 | $102,100 | $773 |
Property facts
Year built
1992
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,180 sqft
Lot size
3,920 sqft
ZIP code
46052
City
Lebanon
Street
Somerset Dr
Coordinates
40.05499, -86.46286
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,770
Gross rental yield
13.81%
Implied cap rate
8.98%
Trend-extrapolated value
—
Frequently asked questions
When did 520 Somerset Dr last sell?
520 Somerset Dr most recently sold on May 9, 2022 for $153,801.
What is the current tax assessment for 520 Somerset Dr?
The most recent total assessment for 520 Somerset Dr (year 2025) is $211,400 with $1,571 in property tax.
How does 520 Somerset Dr's assessment compare to its last sale price?
The current assessment is 37.5% above the last sale price of $153,801.
When was 520 Somerset Dr built?
520 Somerset Dr was built in 1992.
How does 520 Somerset Dr compare to others on Somerset Dr?
We track 7 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 520 Somerset Dr?
520 Somerset Dr is a 2 bed, 2 bath, 1,180 sqft, 3,920 sqft lot condo.
Is 520 Somerset Dr a flip candidate?
No — 520 Somerset Dr does not appear in our flips dataset.
Is 520 Somerset Dr a tax-appeal candidate?
Yes — 520 Somerset Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$310.9K
2026 Q4
$312.3K
ZIP 46052 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Dr