506 South St
Lebanon, IN 46052
2 bd 1 ba 2,132 sqft Built 1926 Lot 3,485 sqft single_family
Most recent sale
$117,600
Feb 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2024 | Sold | $190,000 | MIBOR |
| Mar 5, 2024 | Listed | $187,500 | MIBOR |
| Feb 23, 2022 | Sold | $117,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $173,200 | $9,300 | $182,500 | $1,408 |
| 2024 | $173,200 | $9,300 | $182,500 | $917 |
| 2023 | $102,300 | $9,300 | $111,600 | $809 |
| 2022 | $88,700 | $9,300 | $98,000 | $20 |
| 2021 | $72,000 | $9,300 | $81,300 | $20 |
| 2020 | $66,300 | $9,300 | $75,600 | $20 |
| 2019 | $64,600 | $9,300 | $73,900 | $20 |
| 2018 | $59,000 | $9,300 | $68,300 | $20 |
| 2017 | $53,600 | $9,300 | $62,900 | $20 |
| 2016 | $53,000 | $9,300 | $62,300 | $20 |
| 2015 | $51,900 | $9,300 | $61,200 | $20 |
Property facts
Year built
1926
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
2,132 sqft
Lot size
3,485 sqft
ZIP code
46052
City
Lebanon
Street
South St
Coordinates
40.04654, -86.46341
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$706
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 506 South St last sell?
506 South St most recently sold on Feb 23, 2022 for $117,600.
What is the current tax assessment for 506 South St?
The most recent total assessment for 506 South St (year 2025) is $182,500 with $1,408 in property tax.
How does 506 South St's assessment compare to its last sale price?
The current assessment is 55.2% above the last sale price of $117,600.
When was 506 South St built?
506 South St was built in 1926.
How does 506 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 506 South St?
506 South St is a 2 bed, 1 bath, 2,132 sqft, 3,485 sqft lot single_family.
Is 506 South St a flip candidate?
No — 506 South St does not appear in our flips dataset.
Is 506 South St a tax-appeal candidate?
No — 506 South St is not currently flagged as a tax-appeal candidate.
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 South St